Condos of the Day: 543 Dean Street
We have no idea how much historic detail was intact before the developer of 543 Dean Street in Prospect Heights got crackin’ on his modern reno, but suffice it to say there is certainly none now. That said, the design and construction quality on this job looks to us to be a cut above average—but…
We have no idea how much historic detail was intact before the developer of 543 Dean Street in Prospect Heights got crackin’ on his modern reno, but suffice it to say there is certainly none now. That said, the design and construction quality on this job looks to us to be a cut above average—but not by much. The four units, which range in size from 935 to 1,440 square feet, are all priced at about $800 a foot, a heck of a lot more than a house in the area, but then that’s par for the course. (For what it’s worth, the developer paid $825,000 for the house in early 2005 and the total of the four asking prices is $3,925,000.) The elephant in the room, of course, is everybody’s favorite decade-long construction project known as Atlantic Yards. Only time will tell how big a hurdle that will be in trying to move these babies.
543 Dean: Modernist Homes [Brooklyn Properties] GMAP P*Shark
Actually there were about 35 new units at Newswalk that went on the market a few months ago through A&H. The remainder that’s on Corcoran is what’s left so quite a few about 30 have sold at about $650 a/ft. These units defenitly need a price cut if they developer wnats them to move. Can’t say I’m that impressed with the marketing and the layouts look awful, impractical.
A house in Park Slope (even with the inevitable TLC) would be much cheaper than lining this developer’s pockets.
I agree, I would think newswalk would command a premium for doorman, elevator, garage, and views. We sold our place in Newswalk a couple of years ago, and these prices make me regret it!! However, I think it’s crazy to pay a premium for no doorman/ no elevator. Still, nicer finishes in this condo.
The house in NY Times The Hunt was in Crown Heights. Not necessarily a bad thing, but it is definitely a different neighborhood. (Don’t get me wrong – I chose a house in Clinton Hill over condos/coops in Ft Greene).
I cannot believe anyone would pay such a price. A few streets away you can buy a whole house for 750,000 – did any of you see “The Hunt” article in the NYT last weekend ? A small 3 story break house with brownstone at the bottom sold for 680,000 ! I would rather own a house than one floor of a house – for the same price !
I like the design. The location stinks.
This is ACROSS THE STREET from what is going to be an enormous construction site for many, many, many years to come. You’d have to pay me to live there.
Don’t forget living one street away from an arena. That’s gotta be a barrel of laughs.
This is in a nabe that is expected to be more-or-less decimated by Atlantic Yards.