Set Speed Condo Report: 364 Myrtle Avenue
Today’s new condo reports focuses on a development that has been profiled on Brownstoner before. Located on a busy commercial stretch of Myrtle Avenue between Clermont and Adelphi, lies this unique 4 story building. Featuring angled windows to take advantage of light and outdoor spaces, this new construction attempts to set itself apart from the…
Today’s new condo reports focuses on a development that has been profiled on Brownstoner before. Located on a busy commercial stretch of Myrtle Avenue between Clermont and Adelphi, lies this unique 4 story building. Featuring angled windows to take advantage of light and outdoor spaces, this new construction attempts to set itself apart from the others.
The site consists of one commercial condo and three large floor-thru duplex condominium units. The ground floor commercial unit measures in at just under 2000 square feet for $994K, while the other three units are 1533-1688 square feet and cost $877K, $890K and $919K. The residential units have 3 bedrooms and 2 bathrooms. Maintenance is about $260 a month.
Units feature 17 foot high ceilings, large gourmet kitchens with stainless steel appliances, en-suite bathrooms, spacious closets and laundry hook-ups. This condo is located close to many amenities, like supermarkets, restaurants, bars and hardware stores. But as last week’s two shootings attest, the area still contains some rough spots. An open house is scheduled March 26 from 12:30 to 3:30pm.
364 Myrtle Avenue [Corcoran] GMAP
New Building on Myrtle [Brownstoner]
Every Thursday, ltjbukem, whose own blog Set Speed scrutinizes the progress and quality of new developments in the area we know as Brownstone Brooklyn, pens a guest post about goings-on in the condo market with an emphasis on new projects.
And here I was thinking we were in the free north…your moving to Brooklyn is not curing urban blight. Your attitude is one of the major factors in creating urban blight. Your solution to unemployment is not jobs, but ethnic cleansing?
1:37, I (posts 1:22 and 1:35) agree, as I said in the last post. Projects are failed. But, as was done in Chicago, the residents need to stay where they are–mixed with other income groups so as not to create a poor people prison.
anon 1:22, 1:26. The projects are failed social policy. No one today would suggest that the best way to provide affordable housing for the poor or facilitate upward mobility is to house all the poor in giant ghettos. If the projects are in disrepair they should be torn down.
I agree with 1:26 to the extent that there shouldn’t be any projects at all. They should be replaced by mixed income housing, with 80% of units set aside for low and middle income residents. That de-ghetto-izes the housing and creates a healthy mix of incomes for the area. However, there is no question that the residents of the projects have a hell of a lot more claim to living there than you or I do. They’ve been there a long time. Might I remind you that this is Brooklyn–land of many poor people. No amount of gentrification can or should change that.
Agreed 1:26pm…what we need is some Chicago style politics and tear the damn things down like they did Cabrini Green…these people don’t even need to be in the city as I believe that unemployment runs circa 50+% in the Whitman Houses…people like 1:22 and the first 1:26 are the ones who need to “get a grip” and face the reality that there’s no need or room for this garbage in NYC…go checkout the park on a summer weekend – wow really need to have those people around…
Oh give me a break. Projects should not be on prime property. You know it, I know it. Not going to get in to the pros and cons of the actual projects debate, but one thing is for sure, they should not be on Brooklyns waterfront
Anon 1:22, don’t waste your time or key-stroke. Some people are just plain stupid and not worth the effort. Find another blog because this one seems to be littered with a lot of idiots.
Good idea! Let’s knock down the projects, replace them with luxury condos, and move all the poor people to reservations in Montanna. Or maybe there’s room for them in New Orleans now.
Really, get a grip.
is this scarano website a joke? PLEASE tell me they are not renovating the projects and making them even taller! Knock them down is more like it! Relocate from prime waterfront property. Seriously!