New Condos on Coney Island Avenue
Since Thursday in condo day around here, we thought we’d put up this condo development on Coney Island Avenue across from the Parade Grounds. This was the last photo we took on our way back from our tour of Victorian Flatbush last weekend. From the info on Property Shark, we’re guessing this development will be…
Since Thursday in condo day around here, we thought we’d put up this condo development on Coney Island Avenue across from the Parade Grounds. This was the last photo we took on our way back from our tour of Victorian Flatbush last weekend. From the info on Property Shark, we’re guessing this development will be known as Coney on the Park. One thing’s for sure: The views will be great from these places. GMAP P*Shark
I would buy here before 4th because it is on the park and I expect will be priced quite a bit lower than a building on 4th would be because the brokers can’t call this park slope. Often properties at the end of a park are on circles in high traffic areas – like the time warner building – people don’t seem to mind that much. These should not be priced at park slope prices, but if they are given a decent discount from what they would go for in park slope – I think they will go fast. They will have great views overlooking a major NYC park and be on a subway line – not bad.
Yeah, I think the same could be said of 4th avenue back in the day. Coney Island is caught between two nabes…i.e ripe for developers and more upscale commercial development. I predict they sell like hot cakes if they are priced accordingly.
Oops, I think it’s a block farther down Coney Island from the Park than I was imagining, but still not down to Caton.
Brenda, you mean the restaurant location about half-way from the circle to Caton? Didn’t people just give up there years ago? If places like this go up, that location could improve considerably.
I haven’t had a chance to look at the actual building, but I think you do its location a little disservice. It is directly across the circle from the tennis courts and the corner of the Park. Not much else around now, its true, but didn’t one gas station turn into a bank? There is plenty of traffic around the Circle (not really near Caton, I think), but the uncoordinated traffic lights mean no one is going too fast.
RE:preston @ 1:30. Indeed, driving down CIA towards H and beyond you’ll see them. Also, there were articles in the Brooklyn Papers and the NYTimes about the Kensington developments. Two of them wanted to exceed FAR by buying air rights but the DOB said no. Can’t remember the reason for the denial but the articles discussed many of the new developments.
You can just walk down the stip and see some of them being worked on – they have signs in front.
I’m curious to find out more- where did you hear about these developments? Online? Building Permits?
It will be interesting to follow the development on Coney Island Avenue which, up to now, has absolutely no decent residential buildings. The opportunity seems good, however, given proximity to the Parade Ground and Prospect Park.
That sounds right on the developments in the area. I think the condos come first and then the amenities…which is the way I believe how 5th ave came along, but its probably a little of both the chicken and the egg at the same time. Big apartment developments tend to provide a lot of foot traffic vs. houses with cars/kids.