Four years of pricing ups and downs at Kenwood’s Lake Park Gateway II

Unit 2E, a 3-bedroom, 2-bath condo in Lake Park Gateway II at 1231 E 46th St, was first listed in June of 2007 at $289,800. The price escalated to $299,900 in August of 2008 and to $339,900 in January of 2009. After 3 price reductions, the unit was listed at $275,900 in June of 2010. It ticked up briefly to $278,900 then reduced another 3 times to $199,900 in May of this year. The price then increased twice and decreased by $1,000 on August 20 to $218,900.

Unit GE at 1231 E 46th St was listed in March of this year at $195,000 and has just been reduced to $169,900. The price of Unit 2E includes a garage space and Unit GE’s price includes an outside parking space.

Both units include fireplaces, hardwood floors and high-end finishes. You can tour a similar unit at Lake Park Gateway II, at 1227 E 46th St in Kenwood, with developer Mitch Newman in the videos above and below, which were shot nearly two years ago.

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