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It looks like the developers behind 192 Spencer may have been overly optimistic about the kind of prices the industrial section of northwestern Bed Stuy can support at this stage. The 47-unit building, which we’ve affectionately been referring to as the Kodachrome building, just reduced prices on the first seven units it released in September by 10%; according to Streeteasy, a second batch of seven other apartments was also just released. Prices of available units range from $325,000 for a 634-square-foot one-bedroom to $611,100 for a 1,011-square-foot one-bedroom. Surprised that isn’t selling better? We are.
Kodachrome Building Open For Business [Brownstoner] GMAP P*Shark
‘Kodachrome’ Building Underpromises, Overdelivers [Brownstoner]


What's Your Take? Leave a Comment

  1. Actually Spencer St is a rather cool place to live–relatively quiet, buildings being fixed up, stores coming in. I;ve been on the block for 3 years and have seen real change!

  2. Anyone else notice that this building has been advertising right here on Brownstoner? Aside from the communist-housing-block panels, I don’t see much that “overdelivers” here Bstoner. Shill I stop now?

  3. Kodachrome is not a bad effort guys. The design will age well but i do think the price needs a further downward correction. Area has a ways to go but is improving ..rapidly.

  4. ^^ my 10 year old cousin could take better pictures than that.

    and whats the location. I hate it when people leave the location blank.

    u suck

  5. not sure 8th avenue is park slope’s best block…there’s a bit of traffic and i’d prefer a side street, but basically you’ve got the idea.

  6. i may not be able to afford that and its pretty small but thats an awesome block and a great spot in park slope. A couple could make that happen pretty easily.

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