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341 Eastern Parkway (NE corner of Franklin and EP) is now 65% leased

whynot_31
whynot_31
edited September 2014 in Crown Heights/Prospect Lefferts Gardens
Previously discussed here:

http://www.brooklynian.com/discussion/35888/the-curious-case-of-341-eastern-parkway-formerly-known-as-the-hole-/p1

341 Eastern Parkway (the building that some felt was outrageously priced for the area and the size of the units) is now 65% leased.

"CROWN HEIGHTS—The Starbucks-equipped 341 Eastern Parkway opened for leasing two months ago, and 65 percent of the pricey units have been taken, included one of the awkward one-windowed studios. To be fair, that studio was the unit's cheapest, at $2,200 per month. The most expensive unit that has rented is two-bedroom duplex with a terrace that was listed at $3,799. There are about 23 units left, but StreetEasy shows only 10 active listings, ranging from a studio at $2,250 to a two-bedroom asking $3,350"

http://ny.curbed.com/archives/2014/09/22/341_eastern_parkway_65_leased_moinian_on_42nd_st_update.php

Comments

  • chekhovian
    chekhovian
    While a $2250 one-windowed studio does not seem all that competitively priced, something about a two-bedroom duplex at $3,799 doesn't seem too far from the mean.
  • whynot_31
    whynot_31
    Not to be coy, but we all have different means. :)
  • chekhovian
    chekhovian
    I'm using one of the lower definitions of mean, i.e. the statistical average.

    Also, how many duplexes are there in the area?
  • whynot_31
    whynot_31
    edited September 2014
    Yes, I am aware of the mean, median, mode, standard deviation, etc. I guess my definition of mean would be a hybrid of math, sociology, luck, and hard work.

    Yes, the duplex units went quickly not just because they were duplexes, but because they were duplex RENTALS.

    Most duplexes in the area seem to be for sale, not lease.

  • whynot_31
    whynot_31
    edited October 2016
    Creating a zombie thread to announce that the building just sold for $52M.