The Q at Parkside

(for those for whom the Parkside Q is their hometrain)

News and Nonsense from the Brooklyn neighborhood of Lefferts and environs, or more specifically a neighborhood once known as Melrose Park. Sometimes called Lefferts Gardens. Or Prospect-Lefferts Gardens. Or PLG. Or North Flatbush. Or Caledonia (west of Ocean). Or West Pigtown. Across From Park Slope. Under Crown Heights. Near Drummer's Grove. The Side of the Park With the McDonalds. Jackie Robinson Town. Home of Lefferts Manor. West Wingate. Near Kings County Hospital. Or if you're coming from the airport in taxi, maybe just Flatbush is best.

Wednesday, December 28, 2011

What 12 Million Bucks Can Buy You On The Flabenue

This view of 757-767 Flatbush - roughly Mango Seed to that giant Beauty Supply store - looks like the Main Street of some Western town, probably due to that pickup being the only vehicle in the shot. It's an unusual stretch for Flatbush Avenue for having no height - i.e. no apartment rentals. But it's not unusual for our neck of the Flabenue to have such remarkably diverse, and even downright wacky, mercantilean offerings. Mango Seed is awesome, btw soaking up the killer Yelp reviews (please go - don't tell me there's nowhere to eat out if you haven't given the Seed a shot). Then there's the Christian knick-knack shoppe Lilly of the Valley, that Chinese run Tex Mex Fresco joint, a shoe place, the oddly named Aroma nail salon, and that over-lit wig etc. superstore with the wooden decky seating thing out front. Actually, you're not meant to walk on it or sit on it, but the owner does squat and smoke on it. So maybe it's a "smoke deck" or a "squat 'n' smoker," neither item actually existing in the Pier I catalog, though both ought to, and I'm happy to share my patent if they come a courtin'. Speaking of Pier I, I absolutely love the old film Wicker Man, and if you haven't seen it, I guarantee a good night's viewing.

The whole strip of these stores can't bring in more than 15K a month. And yet they've hit the market for $12 million for the lot of them. Here's the NY Times ad. They call it an "8 Store Taxpayer," and for the life of me I can't fathom what that means. Taxpayer? Well I'd bloody well hope so! It's bad enough we've got corporations paying $0 in income Chinese Mexican joints too? Is there no justice? Occupy Flatbush!!!!

It's just more zaniness to add to our special stew called home sweet home. And yet, you can't help wondering whether some enterprising slob might come along, buy the whole bunch and build one of those new fangled "luxury" apartment buildings. The prices around here are finally getting to the point where developers might take the plunge.

Still...$12 million? Is that a typo?


Gary of PLG said...

A taxpayer is a one story commercial structure that earns enough income to pay the property tax and holds the place before a more substantial building is put up.

Anonymous said...

How does the owner figure this little plot of ground will sell for more than the larger land for development next door to the Prospect Park B/Q station with its much better location?