Greene Avenue Lofts Not a Shoe-In So Far
When we wrote about the Shoe Factory lofts on Greene Avenue in early October, the prices had just been cut across the board by 10%. Now it looks like some of the units were cut another 5% just before Christmas. As biased as we are (our place is just a few blocks away), we’re surprised…
When we wrote about the Shoe Factory lofts on Greene Avenue in early October, the prices had just been cut across the board by 10%. Now it looks like some of the units were cut another 5% just before Christmas. As biased as we are (our place is just a few blocks away), we’re surprised these aren’t moving faster. According to the Corcoran website, four out of thirteen units are now in contract.
242 Greene Avenue [Corcoran] GMAP
Price Cut at 242 Greene Avenue [Natefind]
Condo of the Day: 242 Greene Avenue [Brownstoner]
Mixed Results at Greene and Grand [Brownstoner]
i don’t understand some of these comments. there is a puffy couch? is it bolted to the floor? $10-15K in interior renovations? like what? curtains? furniture? paint? maybe some light fixtures? what place wouldn’t require changing those things?
i don’t know if these are underpriced or overpriced, but the stuff people will find to complain about is unbelievable.
Isn’t this just another example of Corcoran overpricing properties and then just sitting on them forever?
We were seriously considering 2C at $875,000 but then found a 10 room Victorian in Ditmas Park for the a little less. Thinking we did very good!
I agree with glarph, the condos are in a nice area. The condos are nice and spacious, the layout is somewhat strange but not extreme. The problem is they are overpriced. For lofts this far out in Clinton Hill, they are overpriced. While the block is nice, the condos offers no views, no doorman, the roof decks are unfinished and the area while nice is close to the edge of CH. Plus the condos are not located in the immediate area of the necessary amenties. I saw the lofts at Kent St between Willouby and Dekalb and the penthouse units were similar with a beautiful view but were about $100k cheaper than the GreeneAVe lofts. Lower the price and they will sell.
I dunno – the cheapest 1 bdroom says 14′ wide bdroom with almost 14′ of closets. And the cheapest 2 bdroom has master bedroom with walkin closest and 11′ wide.
Looks to me good layout. Are you just a complainer?
Yet, Brownstoner, I don’t see how this bldg is so much more attractive than the new building that Pratt Comm whatever is constructing on Washington that you’re not loving.
This is in the middle of the block past Grand Ave, Fresh Direct certainly delivers, and Choice Market is just up the street. Clinton Hill might not be for everyone but it’s not THAT bleak.
there are some critical problems with these units:
Actually, the bedrooms are quite small.
Have you looked closely at the flor plans?
A Master bedroom with ONE closet? Some of the MBRs look about 10 feet wide…
unless you go with a larger 2BR+ unit, you are not geeting “good” space…The architects failed with the layouts, that is why they are not selling as fast.Plus, that is the far eastern EDGE of the better parts of Ft. Green, unless you like no good grocery stores, car alarms and chinese take-out… No one delviers there either. Not scary, but once you pass Grand Ave., its another world…
11:28, I quite like the decor, but I agree with you that they have gone overboard with the photographs. Enough already!
Not to start trouble, but isn’t this pretty consistent with an abundance of supply of condos in blue chip areas.
I don’t love Williamburgh or DUMBO personally, but they certainly have more Yup-menities than CL.
There are simply heaps of units in the $500/sq ft range in better areas.