The Argyle Follows 4th Avenue Pricing Pattern
Our friends at Streeteasy just tipped us off to the fact prices for units at 7th Street’s Argyle Park Slope (a Brownstoner advertiser) have just been posted online. Coming in at about $650 to $800 per square foot, the asking prices are roughly in line with some of the development’s neighbors like the Novo and…
Our friends at Streeteasy just tipped us off to the fact prices for units at 7th Street’s Argyle Park Slope (a Brownstoner advertiser) have just been posted online. Coming in at about $650 to $800 per square foot, the asking prices are roughly in line with some of the development’s neighbors like the Novo and Crest. We’re hoping the overall look of the place will be a cut above its 4th Avenue competition though—the world certainly doesn’t need another “big brown turd.” How do you think these prices are gonna fly?
The Argyle Park Slope Listings [Corcoran]
251 7th Street [Streeteasy] GMAP
Using 5th Avenue to Sell 4th [Brownstoner]
I’ll take a stab at that 1:19…
It’s because there are a lot of bitter people in this city who would have liked to own a home and and have some assemblance of stability with regard to their finances.
As people saw lots of people making a ton of money on their investments over the past 7 years, the hatred has continued to build as they stood on the sidelines.
NOW…they see that people are starting to buy up properties along 4th Avenue…certainly a stretch that could use some TLC, but the prices are still rather high…you know…cause this is New York City.
So imagine all the hatred for being priced out of Park Slope, Carroll Gardens, Prospect Heights, Dumbo, etc.
And NOW they can’t even afford 4th Avenue because they’ve thrown all their money into their landlords pockets, who is now so loaded he’s buying up land on 4th Avenue and selling it to developers for millions of dollars.
i just wish it was cheaper
Serious question.
Why does the idea of 4th Avenue becoming more residential–and just maybe a little cleaner and more attractive than an auto-garage strip–piss so many people off?
there is NO SUCH NEIGHBORHOOD AS GOWANUS!!!
you people are nuts
go buy a brooklyn industries t-shirt
i mean, convince people it is NOT a good decision.
i was wondering the same thing, 1:09.
some people will literally say ANYTHING to try to convince people that buying a home to live in is a good decision.
it’s absurd.
Again, neighborhoods and their names do not have ‘technical’ boundaries and they are not ‘technical’ entities.
Don’t be so rigid and anal – that you have to call one side of 4th avenue one neighborhood and the other side something else. You sound like know-it-alls and obsessive and real pain in the butt to live with.
12:31 – how is a listing for a development site with a price of over $225 a salable sq ft evidence of slowdown???
It’s Gowanus! No! It’s Park Slope! Most of you are schmucks!! If you base your buying decisions on what the area is referred to, then you have no vision and no idea what the hell you are doing so don’t buy anywhere. Lincoln Center was one of Manhattan’s worst neighborhoods for many years. Now look at it. Battery Park City didn’t exist 25 years ago; it was part of the Hudson River. You have to look past what you think you know and see and try to imagine.
Bottom line: if people are wiling to pay $800 per foot to live on 7th and 4th Ave, then guess what? It’s worth $800 per foot!!
Price = the point where supply meets demand. period.
Go rent in Bushwick if you don’t see any value here.