Vantage 238 Hits the Market
A new 18-unit condo development at 238 St. Marks Avenue called Vantage 238 has just launched its sales process. Prices range from $435,000 for a 687-square-foot one-bedroom to $815,000 for a 1,267-square-foot two-bedroom; monthly costs look to be less than $.50 per foot. The construction is scheduled to be completed by the end of the…
A new 18-unit condo development at 238 St. Marks Avenue called Vantage 238 has just launched its sales process. Prices range from $435,000 for a 687-square-foot one-bedroom to $815,000 for a 1,267-square-foot two-bedroom; monthly costs look to be less than $.50 per foot. The construction is scheduled to be completed by the end of the summer, according to the website. There’s definitely a lot of product in this area now. Thoughts? GMAP
On market $700/sf.
Bank loan $500/sf.
Value as rental $300/sf.
Another workout……
Nice, half a mil for a shoebox, or almost a mil for an apt the size of a tiny ranch house for a couple with a kid. I bet these sell like hotcakes.
when are the developers going to realize that people are not going to buy at these prices. ? They need to drop at least 35%.
tiny little bedrooms.
I can hear the prices dropping from here.
Hey Brownstoner!!!! What is going to happen when the new Condo construction hits the market????? That’s your homework assignment!
The What
Someday this was is gonna end…