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]
“So after reading this board for sometime it occurrs to me that most commenters here are…well I was going to say something nasty…but I’ll refrain from it. I think a lot of you are trying to be politically correct, and won’t come out and say what you really think so I’ll leave that alone.”
Ironic that you are criticizing others for “not coming out and saying what they really think” when you are doing precisely the same thing.
If you think that “most commenters” are “something nasty”, then say so.
12:21… Well said. If someone wants to be in the nabe, those apartments are perfectly nice and well priced and the buildings look well maintained. I bet the building will be taken care of since home-owners take pride in their homes. And for those prices, who expects SubZero, Wolf or Viking appliances? Not everyone has millions to spend on a place. This is a more affordable way to buy a home in New York for those who may not have been able to before. Maybe the nabe will get cleaned up without millionaire yuppies taking over. Best of luck to the buyers!
Just a bit of advice to the “first time buyers” in this area. Shut your windows, and doors and don’t go out past 9pm. That’s if you want to stay alive. Check the crime statistic for the neighborhood. Let’s just say it ain’t no Disneyland.
250k to live in a crime ridden ghetto, no thanks.
“Anyone feeling non-buyer’s remorse for missing out on this one?”
I went to an open house in July. All apts are 1 bedroom, appliances are low grade stainless look-alikes and so is the “granite”. If the building was one block further on other side of Bedford ave I would have purchased and made upgrades myself.
So after reading this board for sometime it occurrs to me that most commenters here are…well I was going to say something nasty…but I’ll refrain from it. I think a lot of you are trying to be politically correct, and won’t come out and say what you really think so I’ll leave that alone.
What does 250K in Park Slope buy you? Nada. Not even a studio that needs work.
I can see making horrible comments about these places if they were asking for 350K, 400K. I could understand it perfectly. The fact that they aren’t and that they are priced according to the neighborhood they are in, means you all are a little “off.”
This is a nice looking, pre-war building, and has provided homes for first time buyers it sounds like at reasonable (dare I say bargain prices, considering the rest of new york).
I think it’s digusting that you’d come on here and basically tell people they should regret buying something that they went to see, obviously liked enough to spend their hard earned money on.
I wonder how you would feel if someone told you that now that the market is tanking, that the 2 million dollar brownstone you just purchased will be worth 500K in 6 months.
No, I did not buy one of these places, NO I not the developer, NO I don’t have any connection at all to this place.
I just wonder exactly what you expect to pay for such a place. Ok…I get it…the neighborhood is rough. That’s why the prices are low.
When do the complaints stop? When they are giving them away for $1 in a city auction?
Earth to you haters out there — the market determines prices!
It’s amazing that people on Brownstoner trash a place and say it’s not worth the money, Then when it sells out, instead of admitting they were dead wrong, they say the buyers made a mistake.
I haven’t seen these places and I won’t pretend to be a big block-by-block expert on Crown Heights.
But obviously there is a huge market for apartments at this price, and — shocker!! –they are going to be found in still-borderline nabes.
I agree with the poster about this block. It’s loud, dangerous, and littered with trash. Residents don’t care about the appearance of the area. These new condo dwellers had better get used to their walls vibrating from the sounds of car stereos blasting at 11:30 on a work night. Literally.
This narrow “railroad” layout is standard throughout the entire borough for coops and condos. The developers didn’t have much of a choice about it.
I think the place is nicely designed. About its location, I’m not familiar with this area, but the price seems to reflect the fact it’s not in the middle of Park Slope, right?
I used to live on this block and I can tell you, it ain’t a bed of roses. It can be pretty seedy and very nsoisy as well.
I can’t say i am impressed by the apts either but to each his own.
But to answer your question no non buyers remorse here aprticularly with the direction the market is going.