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11 Hoyt

Started by dkd
about 2 years ago
Posts: 9
Member since: May 2022
Discussion about 11 Hoyt Street #56C
Any views on this building? Seems prices have come down a lot. Is it just poor market timing by the sponsor or are there other issues here?
Response by Rinette
about 2 years ago
Posts: 646
Member since: Dec 2016

There's a lot of inventory in downtown BK, and this building doesn't appear to have any RE tax benefits. Is the developer giving mortgage rate buydowns?

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Response by stache
about 2 years ago
Posts: 1298
Member since: Jun 2017

Crappy area.

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