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New Prospect Heights Condos Will Start at $899,000

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There's a new crop of condos on the rise in Prospect Heights, and—surprise!—they will not be cheap (this is kind of a trend). Located at 280 St. Marks Avenue between Underhill and Vanderbilt avenues, the 32 condos are being built on the site of a former garage. DXA Studio designed the five-story building, developed by DNA Development, and a partial rendering shows a zig-zagging facade of grey brick. The marketing team says that every unit will have private outdoor space (yard, balcony, or terrace). There will be one- to four-bedroom apartments, and prices will range from $899,000 to $2.499 million.

According to StreetEasy, the median price for a one-bedroom condo in Prospect Heights is $810,000, though it should be noted that there is not much new development in the neighborhood. A teaser site is now live, with a sketch of the full building, and sales should launch "in the next couple of weeks."
· The 45+ New NYC Developments Hitting the Market This Fall [Curbed]
· 280 St. Marks [official]