Units at this condo were over 75% sold according to the agent at Carlton. I see only a few units that were actually sold on various websites and lots went to rental directly. Does anyone know the true status of this development?
Also, what is your take on pricing? Clinton Hill seems to go under 600/sqf but the asking at Carlton is over 750/sqf, the equivalent of the pricing in Park Slope. Given the uncertainty around this bldg (i.e., vacant lots and torn down houses), the pricing seems ridiculously high to me. I'd love to hear your views from those who are familiar with the area.
Response by stevenlee21
about 13 years ago
Posts: 88
Member since: Mar 2013
"Clinton Hill seems to go under 600/sqf" is probably NOT an accurate estimation in 2013's condo market. After all there are not many condos on market in clinton hill/fort greene/prospect heights area. In addition, if you do yty comparison, the areas i just mentioned went up faster than park slope.
I do agree with your impression that The Carlton sale has been slow.
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Response by Appplenyc
about 13 years ago
Posts: 11
Member since: Nov 2007
I hear you about the potential investment value. That is exactly why I am exploring CLinton Hill. I looked quite a bit of condo resales at prospect heights (a lot livable and safer at the present time) - for 2 beds, the pricing was appx $700/sqf, plus the tax abatements, which this condo does not offer.
What is your take along the Myrtle Avenue vs the Carlton's location closer to Fulton Ave? I walked around Carlton and there really seems nothing much there...
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Response by stevenlee21
about 13 years ago
Posts: 88
Member since: Mar 2013
personally i prefer southern fort greene/clinton hill due to its proximity to A/C/G. For the same reason, I prefer either southern(2,3)/northern(A/C) prospect heights over its "mid section".
btw, The Carlton is a bit too east for me. Although clinton hill is small, its west side looks better than east side.
"Clinton Hill seems to go under 600/sqf" is probably NOT an accurate estimation in 2013's condo market. After all there are not many condos on market in clinton hill/fort greene/prospect heights area. In addition, if you do yty comparison, the areas i just mentioned went up faster than park slope.
I do agree with your impression that The Carlton sale has been slow.
I hear you about the potential investment value. That is exactly why I am exploring CLinton Hill. I looked quite a bit of condo resales at prospect heights (a lot livable and safer at the present time) - for 2 beds, the pricing was appx $700/sqf, plus the tax abatements, which this condo does not offer.
What is your take along the Myrtle Avenue vs the Carlton's location closer to Fulton Ave? I walked around Carlton and there really seems nothing much there...
personally i prefer southern fort greene/clinton hill due to its proximity to A/C/G. For the same reason, I prefer either southern(2,3)/northern(A/C) prospect heights over its "mid section".
btw, The Carlton is a bit too east for me. Although clinton hill is small, its west side looks better than east side.