Testing the Crown Heights Waters


Bringing new developments in less-than-prime neighborhoods during the current market might seem counter-intuitive, but they're giving it a go in Bushwick and even finding success in Sunset Park so why not Crown Heights? This 10-unit project at 765 Park Place hit the market last week with prices ranging from $225,000 to $429,000. One unit's in contract already. The developer paid $335,000 for the empty lot in 2007, or about $33,500 per apartment. GMAP

Copyright Brown - Brownstoner
Contact Us