Archive for the 'Real Estate' Category

And here we see this apartment comes with a comfy chair and whatever that thing next to it is. (Source: Citi Habitats)

Looking for a new place to call home? Sheepshead Bites has got you covered. Our rental roundup is a new feature showcasing some of the deals on the market now. If you know of a great place available for rent or are a broker representing a property you want included, contact nberke [at] sheepsheadbites [dot] com. And if you live in or near one the places below, let neighbors know what you think in the comments.

Two Bedrooms and One and a Half Bathrooms in Sheepshead Bay
Price: $1,625
Location: 2332 East 28th Street
Description: Not only are there two spacious rooms in this listing, but they’re “superior.” The master bedroom has its own toilet room, allowing you to talk to your spouse (or whoever the younguns room with these days) while you’re on the toilet. Along with having this toilet room, there is an actual bathroom.
Contact: Inna Mushyakova, Citi Habitats,  (646) 431-7655

Two Bedrooms, Cat & Dog Friendly
Price: $1,850
Location: Brightwater Court and Brighton 1st Road
Description: EUROPEAN LUXURY STYLE! I guess that means tight pants and a pack of Parliaments or something. Maybe a nouveau mullet. You figure out how it applies to an apartment. Anyway, this unit is in a private house “30 seconds away from the beach.” Heat and hot water included, pet friendly.
Contact: Tanya, owner, (718) 769-5833

Two Bedrooms and a Long, Dark Hallway
Price: $1,500
Location: East 18th Street between Avenue N and Avenue O
Description: Now I’m not saying that long dark halls serve as portals into the netherworld where evil and depraved creatures live, but the 5-year-old in me tends to think so. Luckily, the rest of the apartment seems to get a good amount of natural light. And then we come to the “huge bedroom closets,” a feature that can be a good or bad thing depending on who you ask.
Contact: Zuz Realty, (718) 513-3763

Studio in Manhattan Beach
Price: $1,200
Location: 152 Pembroke Street
Description: Located in the small community of Manhattan Beach, this studio apartment has a laundry room and there is access to the backyard. The best part of this place is that you’re near Kingsborough Community College so you’ll be able to wake up early each morning and blast every student you see with a reprimanding stare and a condescending huff.
Contact: Gulnora Nazarova, Continent Realty, (347) 210-2272

If you know of a great place available for rent or are a broker representing a property you want included, contact nberke [at] sheepsheadbites [dot] com.

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A new premier, luxury, incredible, modern, state-of-the-art condominium development is headed to 3041 Ocean Avenue, between Voorhies Avenue and Jerome Avenue.

The former site of a medical center (minus one of those, natch), fencing went up at the site a few weeks ago, and a fancy-shmancy rendering of the site has been posted.

And, all my broker-babble derision aside, it actually looks pretty nice.

The Department of Buildings approved the plan on March 17. It’ll feature nine floors in all. The top seven stories will be home to 40-units (six on six of the floors, four on the top floor).

If you’re thinking, “Oh, great, I bet there’ll be a medical office on the first two floors,” well, you’re wrong. It looks like this developer is actually paying attention to the fact that they’re in a flood zone, and the ground level floor will be used for a lobby and garage for 30 cars and 20 bicycles, with flood-proofed storage space.

The second floor will have parking for 27 cars (including dedicated handicapped spots). This is where they’ll also be putting the mechanical equipment and boilers to protect them from potential flooding.

For those keeping track, that’s 40 units and 57 parking spaces, plus parking for 20 bicycles. Zoning for this lot requires only 20 parking spaces. So, yes, someone in this neighborhood actually put more parking than is legally required! Hell hath frozen over!

Moving on, the roof will not be dormant. The plans call for an “outdoor recreation area.”

The new owner, an LLC connected to local entrepreneur Sergey Rybak (one of the partners in the $20 million MatchPoint NYC sports development on Shell Road), bought the 12,650 square-foot lot in September 2013 for $4.1 million.

It’s too soon to say how much units here might cost. A note on the sign said more information will become available in September 2014.

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With such close living quarters, communal living is encouraged, if not forced.

Looking for a new place to call home? Sheepshead Bites has got you covered. Our rental roundup is a new feature showcasing some of the deals on the market now. If you know of a great place available for rent or are a broker representing a property you want included, contact nberke [at] sheepsheadbites [dot] com. And if you live in or near one the places below, let neighbors know what you think in the comments.

Two Bedrooms in Sheepshead Bay
Price: $1,775
Location:  East 13th Street
Description: One of my biggest fears with new apartments is using toilets that have probably supported an array of people. But with this apartment the bathroom has been totally renovated. Now the only question is, what happened in there that required total renovation? Pets also aren’t allowed.
Contact: Ralph Safdieh, Hillel Realty Group, (917) 855-9161

One Bedroom in Manhattan Beach
Price: $1,475
Location: Falmouth Street and Hampton Avenue
Description: While this apartment has a large one bedroom and four closets, it’s not clear whether or not there’s a living room. The kitchen has enough space for one humanoid and some pots and pans.
Contact: Zuz Realty, (718) 513-3763

Two Bedrooms on Oceana Drive in Manhattan Beach
Price: $2,350
Location: Oceana Drive East
Description: With dark wood floors and stainless steel appliances in the kitchens, this apartment takes on its own personality. The realtor apparently thinks this apartment will sell itself because the description is only a sentence long. There’s a doorman in the building as well as laundry machines. Oh, and yes, it’s an Oceana unit. So, y’know, mind the bathrooms.
Contact: Naim Glloxhani, (347) 987-0073

One Bedroom in Gravesend
Price: $1,400
Location: East 4th Street
Description: This apartment has everything you could want from a one bedroom, except the price. There is a living room, laundry machines in the building and small little purple men whose union contract requires them to polish your shoes but nothing more. (Editor’s note: WTF are you talking about, Eric?)
Contact: Megan Kernan, DSA Realty, (917) 231-6289

If you know of a great place available for rent or are a broker representing a property you want included, contact nberke [at] sheepsheadbites [dot] com.

A residential development on Banner Avenue has changed hands for a second time after a dramatic turnaround under its previous owners.

GFI Capital Resources Group’s Irongate Realty Partners has sold the two adjoined apartment buildings to Hudson Companies for $39.5 million. The company purchased the then-beleaguered site for $17.5 million in January 2012.

Boasting 102 units at 2750 East 12th Street and 1125 Banner Avenue, the buildings began construction in the real estate boom in 2006. When the market tanked construction stalled, and it appeared there was little interest in the condo units that began in the $300,000 range. At the time, one building was 95 percent complete, and the other 70 percent.

Irongate purchased the property, completed the construction and went forward with an upscale, exclusively rental approach. It is now 90 percent occupied.

“GFI’s strategy created an attractive buying opportunity for The Hudson Companies, who saw a rare opportunity to acquire a best-in-class new construction asset with waterfront views in a prime Brooklyn location,” GFI Realty Services’ Yosef Katz said in a statement, reported by the Commercial Observer.

We’re not sure where those waterfront views might be, but it’s nice to see a stalled site reactivated, and turned into what might be one of 2014′s biggest residential real estate deals in the area.

Source: www.ny.curbed.com

Rendering of the completed development.

We’ve written before about Brighton Beach’s Bright ‘N Green development, a sustainable residential development with state-of-the-art green design.

The eco-friendly building at 67 Brighton First Lane was approaching completion last fall, and the six units ranging in price from $325,00 to $850,000 hit the market in November.

No one has bought one yet, but the building has drawn the eyes of environmentalists, who are praising it for its net positive design, meaning it will actually sell energy back into the grid. It also has a number of other features, like an independent sewage system that composts human waste for the gardens outside, massive solar panels, sustainable and recycled materials and more – while not sacrificing luxury.

The features have earned it certification for LEED, EPA, four Green Globes and other honors for environmental design. It’s currently in the running for Living Building certification, the most extreme building standard in the nation, and if it earns it Bright ‘N Green will be the first multifamily development in the country to do so.

But while such things might normally attract endless chatter in the design and environmental cliques, it’s the developer himself who has tongues wagging.

As we’ve noted before, Robert Scarano isn’t the most reputable character in New York City real estate. A decade ago, the architect was banned by the Department of Buildings for submitting false and misleading paperwork, and he spurred a crackdown on and reforms of the self-certification process. He became the poster child for abuses in over-development and the Building Department’s lax oversight.

The Daily News recently toured the development with Scarano, and depicted him as a brash egomaniac determined to reinvent himself as an eco-warrior.

Here are a few choice quotes from the piece:

  • “The air in this building is better than the air in a Columbia-Presbyterian surgical suite,” Scarano boasted on a recent tour. “The water is like if you put a spoon in the Catskill reserves.”
  • “It’ll look like that National Geographic documentary about what would happen if the people left and all the plants took over,” Scarano joked. “It’s totally different than the projects I used to do.”
  • Scarano said the hullaballoo was merely a matter of interpretation of the zoning law … “Quite frankly, I said I did nothing wrong, but I guess I must have done something wrong to be vilified like that,” Scarano says today.
  • With that gleam in his eye, Scarano is proud to show off [the sewage composting] technology, opening the lid and declaring, “That’s the worker doo-doo by the way.” Next, in a moment of TMI, he declares: “I got the honor of christening it!

With the units having been on the market for five months without a sale (and, in fact, an increase in price), we’ll be keeping an eye on these units in an area less than well known for environmental consciousness. And once people move in, we’re eager to find out just how well those systems hold up.

Rendering of the interior of one of the one bedroom lofts.

With such high ceilings, you won’t ever have to stoop down in your apartment again. (Source: ATG Realty)

Looking for a new place to call home? Sheepshead Bites has got you covered. Our rental roundup is a new feature showcasing some of the deals on the market now. If you know of a great place available for rent or are a broker representing a property you want included, contact nberke [at] sheepsheadbites [dot] com. And if you live in or near one the places below, let neighbors know what you think in the comments.

Two Bedrooms and “Deep” Closets in Midwood
Price: $1.800
Location: 1580 East 13th Street
Description: Along with high ceilings, big bedrooms and a large living room, this 1,100 square foot apartment has five closets that are equally “deep.” Too bad there are no pictures to verify this claim. I like to think that the realtor meant to take pictures of it but every time he plunged into the depths of the closet, he became disoriented and even heard a low, primordial, grumbling that sent him running back to safety. Or maybe he meant “deep” in the philosophical sense. My closets quote Nietzsche.
Contact: George, ATG Realty, (917) 832-5428

One Bedroom and a Pool in Sheepshead Bay
Price: $1,500
Location: East 19th Street and Avenue X
Description: If for some reason you thought the pool was in the actual apartment, then you’re way too bourgeois for this humble news site. Apart from this standing water somewhere in the building, there is also a doorman. Pets are allowed but more importantly there is a “TON of closet space,” which sounds dangerous because I’ve generally been trained to avoid things that weigh a ton. Womp womp.
Contact: Ksenia Kutovsky, Oxford Property Group, (347) 536-0308

One Bedroom in Brighton Beach
Price: $1,175
Location: Brighton 5th Street
Description: This apartment has completely renovated floors and the walls have a new coat of paint. Being in Brighton Beach, you’ll be a walk away from the ocean. Let’s just hope that ocean acidification doesn’t happen too quickly.
Contact: Allie, Wolf Properties Inc., (646) 309-0526

One Big Bedroom in Sheepshead Bay
Price: $1,575
Location: 2249 Ocean Avenue
Description: For a one bedroom, this apartment appears to be very big. Which, of course, doesn’t excuse the price tag. Unfortunately, the kitchen is the exception to this rule but based on the pictures, it looks like there is something that vaguely resembles a hallway (maybe it’s the living room).
Contact: Thomas, ATG Realty, 917-577-5124

If you know of a great place available for rent or are a broker representing a property you want included, contact nberke [at] sheepsheadbites [dot] com.

Even though this is probably the smallest radiator in the world, size isn’t everything. Except maybe with radiators? (Source: CitiHabitats)

Looking for a new place to call home? Sheepshead Bites has got you covered. Our rental roundup is a new feature showcasing some of the deals on the market now. If you know of a great place available for rent or are a broker representing a property you want included, contact nberke [at] sheepsheadbites [dot] com. And if you live in or near one the places below, let neighbors know what you think in the comments.

One Bedroom and Bamboo Floors in Brighton Beach
Price: $1,325
Location: Brighton 13th Street
Description: Are you tired of plain old wood floors? Well this apartment has something for the adventurous type: bamboo floors. All of the rooms have windows and cats and dogs are allowed. But, for obvious reasons, pandas are a no-no.
Contact: Diana Rodriguez, CitiHabitats, (917) 736-3203

Two Bedrooms in Midwood
Price: $1,800
Location: 1580 East 13th Street
Description: Along with two bedrooms, this apartment also has two bathrooms. There is more than enough room in the kitchen for a small table and the rest of the apartment looks equally spacious with long hallways that make for some good echoes.
Contact: George, ATG Realty, (917) 832-5428

Four Bedrooms in Sheepshead Bay
Price: $1,750
Location: East 24th Street and Avenue U
Description: According to the realtor’s site, the apartment actually holds three and a half bedrooms but I rounded up for the sake of practicing my math skills. Based on the pictures, the apartment is large but the windows don’t get much sunlight because most of them face a neighboring wall.
Contact: Aramis Arjona, Town Real Estate, (516) 244-6728

Two Bedrooms in Gravesend
Price: $1,500
Location: East 3rd Street and Avenue Y
Description: This apartment can either be a one bedroom with a living room or two bedrooms or if you want to get all post-modern it could be two living rooms. The kitchen looks small but there is a good amount of closet space.
Contact: Chris Shiamili, Ardor Real estate, (212) 588-3000

If you know of a great place available for rent or are a broker representing a property you want included, contact nberke [at] sheepsheadbites [dot] com.

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Need a beach home for your family? And your brother’s family? A couple of cousins, maybe a neighbor and an old college buddy? And still have a room to spare for the help?

Fortunately, there’s a home in Seagate on the market that’s got you covered. A 7,989-square-foot two-story mansion hit the market last week, sporting 11 bedrooms, 11 full bathrooms and a “south facing beach exposure [that] provides unparalleled experience from sunrise to sunset where every moment is different and unique.” Uhuh. And here I thought once you’ve seen one sunrise, you’ve seen ‘em all.

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Anyway, the property is at 4050 Atlantic Avenue – the ocean facing street that saw several homes obliterated during Superstorm Sandy. But according to the broker, the “outdoor living season is long and mild.” Nevermind the superstorms. We can’t imagine why the current owners are heading for the hills.

Some of the neater amenities include three wood-burning fireplaces, an ocean-facing deck, a penthouse master suite, and a “library/music room with Philippines Mohagany wood paneling.” Also: rooftop gardens.

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There’s no mention of Superstorm Sandy or flood damage at all – and, really, who would put that in a real estate post. In fact, they even omit the tell-tale “newly renovated” boast that pervades every Zone A listing we’ve seen. Oh, but wait, there is a hint: “This property is equipped with massive new mechanicals: Two Weil McLain furnaces, one with hot water circulating system and one with steam, two huge Smith boilers and a new electric system.”

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Still, pretty property and a relatively low asking price. Would you buy a home this close to the water in the post-Sandy age?

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[via Curbed]

Chase Bank at 1500 Coney Island Ave (Source: Google Maps)

Chase Bank at 2500 Coney Island Ave (Source: Google Maps)

A 7,200-square-foot retail property, currently home to a Chase Bank and cellphone repair store, has sold to new owners for $5.425 million.

The property sits at 2500 Coney Island Avenue, on the corner of Avenue V. It’s a two-story building with a 12,000 square foot parking lot.

The owners could choose to redevelop the site, building taller while staying within zoning laws, but the Observer, which reported on the deal, notes that it is “unlikely.”

The new owner is Francman Realty LLC, a New Jersey-based company.

Sheepshead Bites Tip #126: The key to a happy home starts with pink and blue kitchen appliances. (Source: DSA Realty)

Looking for a new place to call home? Sheepshead Bites has got you covered. Our rental roundup is a new feature showcasing some of the deals on the market now. If you know of a great place available for rent or are a broker representing a property you want included, contact nberke [at] sheepsheadbites [dot] com. And if you live in or near one the places below, let neighbors know what you think in the comments.

Two Bedrooms in Sheepshead Bay
Price: $1,700
Location: East 17th Street between Avenue T and Avenue U
Description: While this apartment is on the expensive side, there are some conveniences like a washer and dryer in the apartment itself. There’s also a dishwasher. But your desire to do that machine-assisted cleaning all day and all night might be curtailed by the fact that electricity is not included.
Contact: Megan Kernan, DSA Realty, (917) 231-6289

Loft Space in Manhattan Beach
Price: $2,000
Location: Amherst Street and Hampton Avenue
Description: For a total of 2,000 square feet and two floors, this loft space can be used for residential or work. And if you’re feeling creative it could be both. The first floor has concrete so unless you recently got out of prison, it doesn’t have a very cozy feel. But the top floor has wood. There is also parking and “two retractable garage doors perfect for loading and unloading.”
Contact: Andrey Kisheyev, (646) 434-9100

Two Bedrooms and a hospital in Sheepshead Bay
Price: $1,700
Location: Gravesend Neck Road
Description: Are you a hypochondriac or just getting really old? Well, this apartment might be well suited for you. No, they don’t have live-in care but, according to the posting, there is a hospital and an Adult Care Facility in the area. You can also have a pet cat. What more could you want?
Contact: Irene Koutros, Ardor Real Estate, (917) 873-1278

One Bedroom in Midwood
Price: $1,350
Location: 1576 East 19th Street
Description: Completely renovated, this apartment can be turned into a two bedroom without a living room. Heat and hot water are included and the super lives in the building. If you’re interested in this place you’ll have to jump through all the hoops of credit and income verification.
Contact: George, ATG Realty , (917) 832-5428

If you know of a great place available for rent or are a broker representing a property you want included, contact nberke [at] sheepsheadbites [dot] com.

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