Condos of the Day: Price Cuts at 192 Spencer
It looks like the developers behind 192 Spencer may have been overly optimistic about the kind of prices the industrial section of northwestern Bed Stuy can support at this stage. The 47-unit building, which we’ve affectionately been referring to as the Kodachrome building, just reduced prices on the first seven units it released in September…
It looks like the developers behind 192 Spencer may have been overly optimistic about the kind of prices the industrial section of northwestern Bed Stuy can support at this stage. The 47-unit building, which we’ve affectionately been referring to as the Kodachrome building, just reduced prices on the first seven units it released in September by 10%; according to Streeteasy, a second batch of seven other apartments was also just released. Prices of available units range from $325,000 for a 634-square-foot one-bedroom to $611,100 for a 1,011-square-foot one-bedroom. Surprised that isn’t selling better? We are.
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you are saying proximity to murder avenue and the g train like they are pluses.
This place is only a few blocks from Le Toukouleur, Tiny Cup, Myrtle ave and the G train.
if these go rental, i’m so in.
i currently live in a brownstone on bedford and love the neighborhood after attending pratt and living there as a student.
are they leaving it like that with bare cinder blocks???
how classy.
mostly in the fringe neighborhoods, 2:59.
we don’t see a lot of price cutting in the prime areas yet.
i still see such low inventory in the more prime areas with fewer new construction condos.
if you want a pre-war 1 bedroom in park slope, you don’t have much of anything to choose from.
Not surprised at all. The neighborhood is fine and quiet. It’s the units themselves that are grossly overpriced given their quality and layout. Who puts a ground-floor unit bedroom facing the street? Plus the pricier units with outdoor space get light now because there is a vacant lot adjoining the building. The problem is that lot is now a construction zone so there is no telling how that will affect this building. I would also echo concerns about any project that would allow The Developers Group to do their marketing.
seems we’re getting story after story of price cuts on here.
The garfield place 1 bedroom was more like 600 sf.
and 400K.
I think it’s with corcoran.
to be fair the 400k 1bed was alittle over 400sqf.
but most the time I cant tell the difference between 600sqf and 400sqf if the layout sucks.