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It took some price cuts to get there, but as far as we can tell the Park Place Condominium development overlooking Flatbush Avenue at 7th Avenue in Park Slope has been pretty much sold out since the end of last year. There are still three units on the market, however, and two of them happen to be right next to each other on the fifth floor, raising the possibility of assembling a pretty large spread. All you have to do is come up with $2,105,000. Apartment 5F is a 1,360-square-foot two-bedroom asking $1,050,000; 145 Park Place, #5G is a 1,330-square-foot three-bedroom asking $1,055,000. Think these will get their prices?
Lots of Price Cutting at the Park Place Condominium [Brownstoner] GMAP
Park Place Condos Gettin’ There [Brownstoner]
Park Place Condominium [Street Easy]


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  1. The inside of the apartments just make me feel like I’m in a dreary office building. I would much rather be just a couple of blocks into the quiet of the Slope (as I am) than on that block. Even the Vermeil is a much better location, and that’s just one block over.

  2. Brownstone liked the facade when it was initially profiled:

    “With the upper floors of the Park Place Condo’s flatbush facade complete, we’re liking how the glass and metal facade are shaping up. We didn’t get a chance to look at the “traditional” side of the building on Park Place so we’re interested to hear from locals how that’s looking.”

    You are right thought, great access to trains from here.

  3. Something about the building just struck me as particularly gross when I looked at it. Maybe the combination of looking at the tarpaper roof next door and the back of that billboard. And Flatbush is a truly awful street. Yes, they have found buyers for most of the units, God only knows how. Maybe they are selling at a steep discount to asking. Property Shark should tell us eventually.

    The only good thing about this location is that it’s almost on top of a Duane Reade (a 24-hr one I think) and it has great subway access. Otherwise this is a little real estate wasteland.

  4. Looks like a lot of the apartment is dark.I didn’t mind some of the oddities of the layout, but from the pictures and floorplan it just looks like you’d be running lights all the time. The facade just looks cheap- maybe that’s just the photo. It is a great location and that counts for a lot with most buyers I think, but for that kind of money? I really don’t know.

  5. And in terms of noise, how is this any worse than the 100’s (maybe 1000’s?) of apartments being built on Flatbush closer to the Manhattan Bridge? Oro, etc etc…

    This is at least near/in an actual great neighborhood.

  6. I agree it’s not the most beautiful building in the world, lechacal, but since the building has roughly 50 units and all now seem to be sold, but 3 it would seem that some people did indeed find them appealing enough to plunk down a sizable amount of $$ for these.

    While I’m a pre-war guy myself, I would take this over nearly every single thing going up on 4th Avenue (except perhaps the Argyle) and those places are 20 times uglier, in my opinion. They also seem to be selling some units.

  7. What’s with all the sock puppet cheerleaders?

    This building is terrible. Why on earth anyone would pay more than a million dollars to live in a soulless building on a crappy block and stare at the back of a billboard all day is a complete mystery to me. The layouts are terrible. There is all kinds of compromised involved in living here. In this market, why would anyone even consider this?

    So the answer is a pretty clear “no.” No way they get their price. Unless of course the buyer is deaf, blind, stupid and rich.

    There isn’t even any ambiguity about this building. It’s just plain awful.

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