Wednesday, November 2, 2011

Riverdale's real estate prices are still outrageous

Evidence: To get a three- or four-bedroom in this apartment building, be ready to shell out somewhere between $900K and $1.059 million.

The building, dubbed "Fieldston Lofts," is on Riverdale Avenue near W. 238th Street. It's at the north end of the commercial strip that runs between 238th and 235th Streets.

As one of Riverdale's prominent leaders put it, "The terraces have a great view of Salvatores," the pizza place across the street.

According to the Real Deal, the condominium development site is owned by a Chicago-based LLC that shares an address with Builders Bank, according to public records, which picked up the site for $9.79 million in 2009.

Looks like Riverdale has another Solaria on its hands. At least that empty building has some good views.

At least it's completed and up for sale. It could be this neighboring building:

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