, Tue, September 12, 2017
635 Fourth Avenue via ND Architecture and Design
This stacked, Tetris-like facade is the type of thing we’re used to seeing in neighborhoods like Williamsburg and Long Island City, but ND Architecture and Design has brought a similar look to the less-trendy and more industrial area where South Slope meets Gowanus. The mixed-use building known as the Alexy was recently completed and features commercial space, parking, and 95 rental units, a mix of market rate and affordable apartments. The latter group of 19 residences, ranging from $813/month studios to $1,016/month two-bedrooms, is now accepting applications from New Yorkers earning 60 percent of the area median income, quite the deal considering market-rate units are renting from $2,400 to $5,100 a month.
Find out if you qualify and check out the amenity package
It’s houses like this renovated two-family brick townhouse at 213 29th Street in lovely Greenwood, Brooklyn, that make us stop and think about the current real estate market. The home is asking $2.5 million. Sure, it’s a 2,379-square-foot townhouse–bigger than most apartments. And there are four bedrooms if you count the rental unit, though most of them are pretty small–and there’s that rental income, of course. But though Greenwood is a solid choice for townhouse living, a 17-foot-wide, three-story house is a tough sell in any neighborhood–and a two-and-a-half million dollar property is a tough sell in this one. Also: The house has no cellar (less storage and other downsides). But it’s awfully cute. And the crazy thing about home buyers is that it only takes one.
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This shotgun house in East Bed Stuy (asking $775K last December) needs to move over: there’s another stubby property in town. And by town, we mean the neighborhood of Greenwood Heights, Brooklyn, located just south of Park Slope. The two-story home comes with two bedrooms, one-and-a-half bathroom and the opportunity to expand. The question is, would you pay just under $1 million for it?
Take a look
A certain “just right” location can make a buying a home there seem like it’s a way better idea than it might have been, say, ten years ago. That certainly describes one thing this unexpected loft condominium has going for it; it’s exactly at the crossroads where Greenwood meets South Slope and Sunset Park, with a side of Gowanus. All of those neighborhoods are uniquely poised, each in their own way, to become some of the most exciting districts in Brooklyn.
Though the surrounding streets are more likely to yield modest clapboard or brick multi-family homes, this 1,255 square foot condominium in a converted factory building at 248 17th Street just south of the border (of Park Slope) conveys a vibe of cool, authentic loft living, with poured concrete floors, painted brick walls, 14-foot ceilings and oversized steel-framed casement windows. And while the $1.2 million price tag may be a sign of the times, it’s definitely a sign of the territory.
Check out this lovely loft