The Elan Goes Partially Rental
Only a couple weeks ago we noted that sales at the Elan, the condo on 1st Street between 4th and 5th avenues, have been very sluggish; now, via an eagle-eyed Forum poster, we learn that it’s gone at least partially rental. StreetEasy says rents on 18 of the building’s 32 units are ranging from $2,200…
Only a couple weeks ago we noted that sales at the Elan, the condo on 1st Street between 4th and 5th avenues, have been very sluggish; now, via an eagle-eyed Forum poster, we learn that it’s gone at least partially rental. StreetEasy says rents on 18 of the building’s 32 units are ranging from $2,200 for a 946-sf 1-bedroom to $4,500 for a 1,512-sf 3-bedroom. There are also still sales listings up for the building and three units have sold.
Checking in on The Elan [Brownstoner] GMAP
“nsr is wrong about the side of the street, altho not wrong about 4th Avenue is not prime.”
What he said…
In my defense, I was confusing this building with the one next to the Kentucky Fried Chicken (which is on the Gowanus side of 4th).
Oh, and if anyone doubts that ‘4th avenue is not prime’, see above under ‘rob likes 4th ave better’.
😉
Wow. Classic case of BHO’s pet peeve “rents not equaling cost of ownership.” Geez. And I’m not even sure I’d pay the rents they’re asking for this location.
and he NEVER takes a picture of the front of the building showing the balconies and windows, or the giant parking lot on the other side of it. always a full shot of the mcdonalds hahah
*rob*
What is indefensible is running that photo. You can’t even see anything in it. Mr. B, you need to come over and learn to use photo editing software, or something.
also i like 4th avenue much better than 5th and 7th. so people have differing opinions. (im not defending this building tho)
*rob*
no, it’s the correct side of 4th avenue. i live on the corner of 5th ave and 1st street by the bank and this building is down the block from me.
*rob*
deli, nsr is wrong about the side of the street, altho not wrong about 4th Avenue is not prime.
> And this is on the wrong side of 4th Avenue, so it is even more not prime.
What is the prime side of 4th Ave? I would have thought it would be the side “closer” to the park. At least it’s not directly on 4th ave?
“It’s a prime location”
Uh, no, it isn’t. Nothing on 4th Avenue is “prime”. And this is on the wrong side of 4th Avenue, so it is even more not prime.
But there is no need to complicate things. Just repeat this over and over and over until it sinks in:
4th Avenue is not prime
4th Avenue is not prime
4th Avenue is not prime
4th Avenue is not prime
4th Avenue is not prime
4th Avenue is not prime
4th Avenue is not prime
4th Avenue is not prime
4th Avenue is not prime
4th Avenue is not prime
4th Avenue is not prime