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March 19, 2008
Condo of the Day: 535 Dean Street Penthouse Price Cut
Brownstoner.com
Can you say Atlantic Yards Effect? There's no other reason we can think of (other than that pesky global financial crisis, of course) to explain why this 1,400-square-foot penthouse at 535 Dean Street in Prospect Heights just had to cut its asking price from $899,000 to $799,000. In its current configuration, it's also not much of a family apartment either. Still, you'd think there'd be at least one childless buyer out there who would be digging the open space and views (and rather low monthyl maintenance of $701). What gives?
NoLandGrab: 535 Dean Street is perhaps better known as the Newswalk Building — conveniently located in the notch of the Atlantic Yards footprint.
More "Atlantic Yards Effect" from flickr.
Posted by eric at March 19, 2008 6:04 PM