set speed aka onehansonplace.com

8/05/2008

53 South Elliott Place tries again

A year later, the owner of 53 South Elliott Place tries the market again. This time, Jerry Minsky has lost the listing. Instead, Elliman has landed the $3.495MM townhouse.

Brownstoner had it as their HOTD in September 2007.

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7/07/2008

Prime brownstone in Clinton Hill (not FG)

Despite where corcoran has listed this unit on its' website, it is in Clinton Hill, not Fort Greene. Perhaps that was a conscious decision, as the list price for this renovated beauty is a cool $2.325MM.

Peep the kitchen with the huge granite countertop and the cool brown wood floors.

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5/06/2008

Unveiling of the Sanctuary Fort Greene

For what seemed like an eternity, the Sanctuary website was just a teaser one. But today, a full list of floorplans is available.

The results promises to be a set of floorplans that will appease those who are tired of cookie cutter floorthroughs.

Located at 264 Cumberland, this combination church/townhouse has 13 apartments, with studios, garden apartments, duplexes and simplexes among its many layouts.

The few units released so far on Elliman range from $615K for a 912 sf, 1 bedroom, 1 bath to $925K for a 1,874 sf 1 bedroom, 1.5 bath duplex. Common charges are anywhere from $316 to $491 a month.

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5/02/2008

Fort Greene townhouse conversion

The Fort Greene townhouse condominium conversion market is alive and kicking.
Look no further than the 'Landmark Estates' at 122 Fort Greene
Place, as proof.

With 4 units listed at a total of $5MM, this is ample proof that
the targeted Fort Greene buyer these days is someone who can easily drop
$1.2 to $1.6MM for a condo (after closing costs). For doubters, look at our post
here on the Cumberland Greene Condos.

This project promises to be a step beyond the normal cookie-cutter conversion. With 4 units
and 4 very different layouts, the sponsor sparkles by including white kitchen cabinets, a
Capitol range, Anne Sacks tiles and Restoration Hardware fixtures.

The top unit looks like a winner, with the tiled roof deck.

Square footages range from 1,284 to 1,434 square feet and common charges are in the
$180-200 range and taxes are in the $600s.

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4/22/2008

At long last...Cumberland Greene condos

In a project that must've taken over two years to come to market, the condos at the Cumberland Greene are now listed at Brooklyn Properties -- but one of the units is already accounted for.

The three remaining units are priced well above $1,000 psf. All three are 3 bedroom, 2 bath units priced at $1.65MM and $1.799MM, nothing to scoff at in this market.

The only people for whom this project would appeal to would be well-to-do couples with children who want to live in a brownstone, given the fact that there must be many other choices at this price point for highrise, full-service condos.

Here are some other condos in the $1.5MM to $2.0MM range.

1. A 1,272 sq ft 2/2 at Meier's On Prospect Park with considerably higher monthly charges for $1.75MM.
2. A 1,575 sq ft 2/2 at One Hanson Place for $1.75MM.
3. A 1,950 sq ft 2/2.5 duplex at 10 South Oxford for $1.55MM.
4. A 1,430 sq ft 2/2 at 360 Furman Street for $1.525MM.

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3/28/2008

Another 'new' townhouse condo?

On the west side of Cumberland, there is a new brownstone/townhouse building coming up. Perhaps similar to 242 Adelphi and the Boymelgreen townhouse on Carlton, this building seeks to mimic the conventional Brookyn brownstone.

This building also happens to be right next to the residential church conversion next door.

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3/27/2008

Another unit at 242 Adelphi on sale

After the first resale probably took a bath on their unit, this penthouse unit on Brown Harris Stevens is asking $1.295MM.

It's a 1700 square foot duplex unit with 3 bedrooms and 2 bathrooms.

Originally purchased at $1.175MM, the sleuth in me thinks that buyers just want to get the fuck out of this place. This isn't much of a profit for them and judging from the fact that the permanent CO was just received in February of 2008, a good two years after the first closings, I think I'm right.

Buyer beware. Or more like, great opportunity for a buyer who wants to get in on the cheap and knows that there could be lurking skeletons in the closet known as 242 Adelphi.

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3/21/2008

$3MM townhouse in Fort Greene in contract

The 275 Adelphi townhouse that was featured here is now in contract. List price was $2.995M. Does anyone know the contract price?

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3/20/2008

Top-of-the-line Fort Greene rental

If you're in the market for a brand new, renovated triplex in a Fort Greene townhouse and have $6,000 to burn, here's your house.

The triplex apartment boasts 6 bedrooms, 2 bathrooms, a kitchen with Bosch, SubZero and Miele. The listing says it is 3 blocks from the C train.

Could this be on Adelphi?

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3/03/2008

Faux brownstone by Atlantic Yards still trying to rent

The owner of this Boymelgreen faux townhouse/brownstone, which was widely derided when it was being constructed, is renting a 3 bedroom, 1.5 bathroom duplex for $4000.

Link is here. http://newyork.craigslist.org/brk/abo/595423242.html

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2/09/2008

Interracial family settles on South Portland Avenue

A Korean woman and Caucasian man from the West Village move to South Portland Avenue in Fort Greene. Along with their four young biracial children, they discover that Brooklyn ain't so bad after all..

After selling their coop on Bank Street for $1.9MM, they purchased this beautiful 4-family less than a block from the Park.

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11/29/2007

intothebox.tv does Fort Greene

The owner of intothebox.tv let us know about their recent piece on 110 Livingston, but I think this piece is a bit more pertinent. Nothing too groundbreaking here, although the author mistakenly says Jonathan Safran Foer lives in Fort Greene (actually Park Slope).

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11/22/2007

A Brooklyn Thanksgiving...

...in a beautiful Park Slope brownstone.

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11/18/2007

J Crew visits Fort Greene for the holidays??

Belgian supermodel Anouck Lepere and the J Crew folks must have shot their latest catalog in Fort Greene somewhere. The question is, which block and whose house??

For the video, go to the J. Crew site now or hit up this youtube video.

My guess is it may have been on Carlton Avenue or Clermont Street between Dekalb and Lafayette.

Surely, a reader of this site must live on one of those streets??

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11/13/2007

The state of the Fort Greene townhouse market

Despite all the rhetoric on brownstoner's very popular House of the Day discussions, where naysayers decry the asking price of a specific Fort Greene townhouse, the market has spoken and the word is that the Fort Greene townhouse market is being buffeted by Manhattan buyers.

We have three specific examples.

The first townhouse at 211 Carlton, listed at $2.655MM, sold at asking price. The second, on 53 South Oxford, was an ostensible flip job, and sold at $1.83MM. It was originally listed at $1.975MM after having sold for $1.375MM in July 2006. The third, at 344 Carlton, sold for $2.48MM.

The not-so-surprising tidbit? All three buyers came from the island of Manhattan - the Upper West Side, the Lower East Side and the East Village, respectively. What this all boils down to, is that a wealthy Manhattan buyer(s) will pay a premium for the limited amount of brownstone stock in this neighborhood.

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10/31/2007

Brownstone rental on Clinton and Gates

If you're a townhouse-lover and are looking to rent in the area, here's a sweet $3900 rental for a 3 bedroom, 1 bath apartment.

Location is Clinton and Gates.

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9/24/2007

Fort Greene rental market v6

Here's a ground floor one bedroom apartment at 650 square feet on South Oxford and Lafayette in Fort Greene. Rent is $2500. The ad does not mention backyard space though.

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9/19/2007

Prime Fort Greene townhouse on sale

Just down the block from our old haunt, the owner(s) of 98 Lafayette Avenue has listed their house with Kathryn Lilly of Elliman. The interesting part of this townhouse is that it has parking around the corner on South Oxford. Listed at $2.655MM, this is no small change.

The townhouse contains a duplex and two floorthru rentals and can be delivered vacant. This is just one in another of several FG townhouses that have hit the $2+ MM benchmark.

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9/15/2007

152 Lafayette Avenue townhouse in recent sales

152 Lafayette Avenue, between Carlton and Adelphi, sold in May 2007 for $2.025MM. The seller had purchased it in January 2004 for a scant $1.185MM.

The townhouse was listed in today's Recent Sales section of the New York Times Real Estate section.

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8/17/2007

Fulton/Waverly to get new condos?

As the Brooklyn Papers reported, this dilapidated, plywood-covered brownstone has been purchased by a developer for $953K.

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