Crown Heights Condos Fly Off the Shelves
That was fast: A little more than two months after hitting the market, only one condo is still up for grabs at 794 St. John’s Place. The Crown Heights conversion’s 16 one-bedrooms were running between $229,000 and $260,000. Brad Phillips, the Apartments & Lofts agent who’s been marketing the property, says the price points made…
That was fast: A little more than two months after hitting the market, only one condo is still up for grabs at 794 St. John’s Place. The Crown Heights conversion’s 16 one-bedrooms were running between $229,000 and $260,000. Brad Phillips, the Apartments & Lofts agent who’s been marketing the property, says the price points made the building especially attractive to buyers, who are mostly first-time owners. Phillips also said that though 794 St. John’s was the first property Apartments & Lofts has handled in Crown Heights, its speedy sales mean the brokerage is now gearing up to work on other projects in the neighborhood. When we first postedabout this one in late May, comments ran the gamut from these are steals to I think a crack whore is a nice amenity. Anyone feeling non-buyer’s remorse for missing out on this one?
794 St. John’s Place [Apartments & Lofts] GMAP P*Shark
Condos of the Day: 794 St. John’s Place [Brownstoner]
(5:11) – does that mean there are no more apts left? I seems like there’s still one listed on the APTnLoft site. How many sq ft are the average apts? Are the bedrooms small, they don’t show a photo. I tried calling but I still haven’t heard back…
I was one of the first people to move into the building and all I can say is that the neighborhood is great. Everybody from the guy at the fish store on Nostrand to the owner of the laundromat across the street is friendly. I was walking further out on St. John’s yesterday to stop at the Rite Aid and saw that Corcoran thinks the same thing about the neighborhood and is renting (what’d I guess to be too high prices) in an older building between Nostrand and New York)
I bought the last remaining unit here, and have no buyers remorse. We got a good deal, and low interest rate mortgage. We will now be paying per month the same as most of our friends pay in rent (in various non-fancy brooklyn hoods), plus receiving tax benefits. I could care less if the appliances are not top-of-the-line. All I wanted was a nice little place I could call home without worrying about some asshole landlord raising my rent hundreds of dollars each year. Yes, it’s loud (Umm, it’s New York City). Yes, the block is a little dirty. It’s also surrounded by beautiful historic architecture, close to multiple subway lines, near one the most famous parks in the world. Yes, I do believe the neighborhood will become more gentrified over time, but I also like it just the way it is. I have been looking for about 6 months, and have not found anything better in this price range.
I was thinking about buying a unit in this building. I am from Austim,Texas and am having a hard time deciphering the realtors neighborhood labels, because none of them seem accurate. This will be my husband and I’s first home. Can y’all give me an accurate assessment of this street, and building, so that I can determine whether this is a good place for me to live?
I like most of you didn’t think they would sell these apartments as the location of the building is over run with teenagers and loud noise. But I have seen many people touring these building and guess what, no one is forcing them to buy. They are touring during the day and night and see the element and still BOUGHT. To each it’s own. So I have to give a thumbs up that they were able to sell.
I can say this because I live down the block on the same side of the street as the building, in one of the only houses on the block. When I moved there I was a little worried about the area. I’ve lived on that block for the last 2 years and I have to tell you, it’s actually not as bad as we thought or was told. With the exception of the loud unbearable music on saturday nights (during the summer) No one bothers us, our car or our property. Granted the trash on the street can be annoying but I can’t total blame the people because if sanitation cleaned up trash properly or the street cleaners really did their job it wouldn’t be so bad. And I don’t see crack whores. When the kids are in school it really isn’t that bad. Thank god the summer is almost over LOL. I think if enough people start to value where they live, things will change. We thought we would have a hard time renting an upstairs apartment but guess what, we didn’t and the person is Asian. There is always someone that looks at the bigger picture and is not afraid to step out of the box. What some call a ghetto others call home.
A lot of upside potential here with a low risk. Priced low enough to possibly break even if you rented it out to cover the mortage. Very close to nicer neighborhoods and close to Manhattan. Newly renovated buildings in the nabe, a very good sign that its turning around. Many young professionals are being pushed into these areas that are next too well established areas such as park slope because they can’t afford it, whether for renting or for buying. Question: 20 yrs ago, did anyone think Park Slope had the potential to being such a ritzy??? From the people I’ve talked to that are from nyc, park slope was an area you wouldn’t want to be walking through alone. Crown Heights can turn around too.
A negative for these units is that it’s on a two-way street. Also the B45 bus runs right in front.
gary
brooklyn
I still want to know why Brownstoner posted this info directly from a broker and wy the broker is posting on here under another name asking for credit. Both are in bad taste. Why is this project significant? The units were underpriced and it’s not sold out after 5 months on the market!
“crack whore as an amenity” I love it! while Crown Heights is, indeed, enjoying an early period of (dare I say it) Renaissance, us local residents are still sadly subjected to ne’er do wells, crackheads/whores, normally “quiet” side-streets overrun by double parked cars BLASTING their stereos when the local motorcycle club/ SUV club bar (?! pathetic!) opens it’s doors once a month on Sat. In this day and age of exorbitant RE prices, make no mistake- YOU GET WHAT YOU PAY FOR! I wish the best of luck to the new residents of the St. John. Hopefully the trash on Lincoln Pl. (not far off) will give them a reprieve…