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20/23 Units sold at 52 Dean St Development
Josh Guttman | December 11, 2007
I stopped in the sales office at 52 Dean Street over the weekend. Apparently, 20 of 23 units in the complex have already been sold…just another data point that real estate in Cobble Hill remains on a bit of an island and hasn’t been seriously affected by market softening elsewhere. Still available in the hastily constructed, boxy apartment complex are two 2-bedroom units in the $900,000-ish range as well as the “Townhouse” of the complex, a 3-story, 3-bedroom unit with private entrance and outdoor terraces on two levels. I toured this unit and while it’s definitely a very nice home, I’m not sure it’s worth anywhere near the $2.7 million asking price. For that price, you could buy yourself a choice brownstone on a charming block and have a real backyard instead of a newly constructed asphalt terrace. It’s a sweet unit with plush spaciousness, but at that price, it’s a bit too cookie-cutter for us. I’m curious to see who buys it though and at what price.
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