set speed aka onehansonplace.com

1/30/2006

The Washington Condos - 28 now sold

From the Real Deal, we learned of this Daily News article on Prospect Heights and the condo boom there.

Aguayo & Huebener are quoted in the article as saying 28 units out of 39 have now sold, all from floor plans.

Note that the highest priced unit they've sold is a 3 bedroom with terrace for $844K.

Peggy Aguayo and her brokers at Aguayo & Huebener have been able to
sell 28 of the 39 condos at The Washington just by showing architectural plans.
Construction is nearing completion on the building at 35 Underhill Ave.


Because of strong demand, they've been able to raise the prices five times.
The biggest deal they've done so far is for a three-bedroom apartment with a
terrace — which is under contract for $844,000.

Condo and co-op prices are on the rise in Prospect Heights, said Aguayo, who is Brendan's mother. They're now $575 to $700 per square foot. Still, they're less than neighboring Park Slope's $625 to $800 per square foot.


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