Condo of the Day: 535 Dean Street Penthouse Price Cut
Can you say Atlantic Yards Effect? There’s no other reason we can think of (other than that pesky global financial crisis, of course) to explain why this 1,400-square-foot penthouse at 535 Dean Street in Prospect Heights just had to cut its asking price from $899,000 to $799,000. In its current configuration, it’s also not much…
Can you say Atlantic Yards Effect? There’s no other reason we can think of (other than that pesky global financial crisis, of course) to explain why this 1,400-square-foot penthouse at 535 Dean Street in Prospect Heights just had to cut its asking price from $899,000 to $799,000. In its current configuration, it’s also not much of a family apartment either. Still, you’d think there’d be at least one childless buyer out there who would be digging the open space and views (and rather low monthyl maintenance of $701). What gives?
535 Dean Street [Corcoran] GMAP P*Shark
The “unavoidable views” will take on new meaning once AY gets going. (By the way, I wonder if the fruit on that glass table is kosher l’pesach).
“You will see rents fall over the next few years when all the condos in Brooklyn (on 4th ave and on Flatbush) fail to sell and go rental. There will be a rental glut and rents will fall.”
HIGHLY doubtful.
When’s the last time your landlord lowered your rent?
you people are a little out of the loop on manhattan rents.
You will see rents fall over the next few years when all the condos in Brooklyn (on 4th ave and on Flatbush) fail to sell and go rental. There will be a rental glut and rents will fall.
1:05:
You think a 1400 square foot penthouse in Manhattan rents for $3500? Are you INSANE??
Try $5500-7500. And up.
Price cut, price cut. That’s all you hear nowadays. No bottom in sight.
Where’s the 1/2 a bedroom? Do they really mean the little closet by the bathroom? Seriously? Man.
No way. A luxury doorman building in Manhattan will cost you $3,500 a month.
Space is nice, but location and amenities are more important in this town.
a decade of 100+ decibels of noise out the window! No thanks. That building is in the belly of the beast, man.