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In the current market, condo conversion is the most compelling way to squeeze out a profit on a brownstone. From a buyer’s perspective, the prices often seem crazy (like this place in Clinton Hill). It’s hard for us to get our arms around buying 1/2 or a 1/4 of a brownstone in one nabe for the price of a full brownstone a little further out, but for some people it’s obviously worth it. The latest such project to come to our attention is the conversion at 231 Bergen Street that’s being marketed as The Distinctive Condominiums of Bergen Street. Cobble Heights Realty has the listings and there’s a flash site up at 231Bergen.com. The offering consists of three units ranging in price from $1,050,000 for an 1,100-square-foot two-bedroom on the parlor floor to $1,600,000 for the 1,900-square-foot upper duplex. And just to sweeten the deal, all units come equipped with flat screen televisions. There was an open house yesterday. How’d they look?
231 Bergen Street [NY Times]
GMAP P*Shark


What's Your Take? Leave a Comment

  1. Just saw it (july) it has had a price chop, floor-thru down to 950k, most expensive top floor duplex down to 1.490m

    I’m not surprised, the layout is awkward, with the kitchen tucked away by itself at the back. They have unkindly pre-installed weird pot belly stoves in each unit, and ugly small flat screen tvs.

    Lastly, it is embarrassing to walk out onto the back deck and realize how they impinge on the neighbors.

  2. The whole floor of the “Parlor Floor” was raised in order to borrow some ceiling height for the apartment below; hence the high stoop.

  3. Still think there’s a story at 206 Bergen sales price.

    Neighborhood comps according to Zillow:

    187 Bergen = 3,104 sf sold at $2.075 mm or $668 per sf.

    120 Bond = 2,300 sf sold at $1.595 mm or $693 per sf.

    206 Bergen = 2,500 sf sold at $925K or $370 per sf.

    Still think there’s a story behind that price.

    208 Dean = 3,696 sf sold at $1.965 $532 sf.

  4. “all this fucking racial innuendo,wtf above poster? you afraid the kids would go native?”

    I think that was a very inappropriate comment. Nobody is talking about race except you. Have you ever looked at the crime statistics for areas “further out” like Bed-Stuy, Crown Heights, or Brownsville? Poster could be concerned with the safety of his kids that are now of the age that they leave the house without parental supervision.

  5. 2.10: he’s probably afraid his kids would end up going to a school where the other kids make it impossible to learn. Perhaps his is a culture that values education, and clearly not cultues do. In the US, asian and Indian (sub-continent) cultures tend to put it at the top. You can fill in the rest of the list yourself. Please be a realist and don’t come up with some normative facade.

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