Brooklyn Can Finally Get Down With OPP

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Starting this week, Brooklynites will have a chance to visit the sales office for On Prospect Park right here in Brooklyn. The development, which has been on the market since October 2006, has only had a sales center in Tribeca, but there’s now going to be one on-site at the Richard-Meier designed condo, according to Mario Procida, a principal of SDS Procida Development Group, which is developing On Prospect Park along with Gordon Group Holdings. The building is about 40 percent sold, says Procida. “I’d like to tell you that we were all sold out, but that wouldn’t be true,” he says. “Sales haven’t been spectacular, but they’ve been good, and we’re pretty happy with them.” Procida says the development is more or less “hitting its numbers,” sales-wise. The condo is still under construction and should be ready for move-ins this fall. There’s been quite a bit of demand for bigger units at the development, and Procida says a few buyers have purchased multiple units in order to combine them; his team has also combined some units to give prospective buyers larger layouts. “We started out with about 114 units and now we have around 100,” he says. Procida says he thinks OPP sales will pick up with the on-site sales office and because the building is near completion. “People are looking for more immediate product,” he says. According to StreetEasy’s OPP page, the priciest listing in contract is a $3 million, 2,470-square-foot two-bedroom and the most expensive unsold unit is a 3,408-square-foot four-bedroom duplex penthouse.
On Prospect Park Listings [Corcoran]
More Mega-Units at Meier’s OPP [Brownstoner] GMAP
Using Meier to Sell Brooklyn to Manhattanites [Brownstoner]
Wide Price Per Square Foot Range at OPP [Brownstoner]

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