Poplar Police Building Back on the Market
The Brooklyn Eagle notes today that the former 84th Precinct headquarters at 72 Poplar Street in Brooklyn Heights is back on the market, but we actually read the news first over on MyHomeBrooklyn last week, which caused us to go by and snap this photo last Wednesday. Given the frustrations the owners have had getting…
The Brooklyn Eagle notes today that the former 84th Precinct headquarters at 72 Poplar Street in Brooklyn Heights is back on the market, but we actually read the news first over on MyHomeBrooklyn last week, which caused us to go by and snap this photo last Wednesday. Given the frustrations the owners have had getting approval to build a rooftop addition since acquiring the property in 2004 for $9.6 million, it’s no surprise to learn that the owners are testing the market. And what’s the magic number? $12 million, according to The Eagle.
Former 84th Police Precinct Back on Market [Brooklyn Eagle] GMAP
Oh please, DOE, buy this building and put a middle school here. Not a charter. A real neighborhood public middle school.
We have been keeping on eye on this property and have a number of unit sizes on our site that we think would be appealing for different needs.
We would love to get some more anonymouus, or not, input on pricing for apartments, so please visit our site and let us know what you think.
The property could be redeveloped as condos or as we have it positioned, as shared housing – aka “co-housing.”
Our current implied pricing is no where near $12M, or $371 psf. That number does not make any sense. It is close to what 20 Henry Street was acquired at and we can all see what has happened there – stalled and liens a plenty.