NV Now 85% Sold
Remember the upbeat news back in May that the NV had sold 17 out of its 40 units in the first four months of the year? Well, now the glassy new development at 101 North 5th Street has sold another 17 (according to the sales agent), bringing the percentage sold up to 85 percent. Ah,…
Remember the upbeat news back in May that the NV had sold 17 out of its 40 units in the first four months of the year? Well, now the glassy new development at 101 North 5th Street has sold another 17 (according to the sales agent), bringing the percentage sold up to 85 percent. Ah, to be a condo development and be at least 50-percent sold.
Signs of Life for Williamsburg Condos? [Brownstoner] GMAP
i think this is a pic of the real place. it’s very surreal”ish” in person. anything in north burg near the L will sell better than other areas. street parking is easier a bit north and east for sure. pretty soon street parking will get very tough unless all the new buildings offer parking lots or garages. there are so many new people moving in to north WB. warehouse 11 has a huge parking structure that’s half finished. will be interesting to see if that building figures out it’s financials and comes back on the market. it’s a big place (seems finished!) and although over-priced appeared to be well done. assume it would rent out quickly.
crimsonson — It’s just troubling that I can’t figure out if the object I’m looking at in the photo is real or not. Of course I’d visit… don’t generally spend more than $6 without seeing first.
My friend just closed and moved in to this place.
Its a nice apt, good size for a singleton, and no leaks so far. He got the parking spot thrown in for free so it worked out as a pretty good deal.
I pointed out to him, as he’s a worrier by nature, that the NV sits in a pretty choice spot – he gets to live in prime Billyburg while remaining 1 block off the craziness that’s the N 6th corridor, 2 blocks from the Bedford bedlam and 3 blocks from the L train – so the commute into Manhattan is miniscule.
And the parking spot really is key, while it used to be easy to park around there and it still is during off-peak hours, weekend nights are becoming a pain.
I think this is a pretty good looking building, of its kind. Certainly better than anything on 4th Avenue. Hopefully there are no leaks.
WTF? I didn’t think condos in Williamsburg were going to sell til prices hit $200psf?
Why would it trouble you?
Photo or render don’t you visit the place anyway when you buy a piece of real estate?
That photo looks like a computer rendering… it’s troubling to me.
Well, according to the Satelite image this place is conveniently located by a golf course with easy access to the McKinley Bridge.
Well what is the listed price of the spot? $35K? $55k? Storage units, depending on size, are non starter. Many new dev condos have them standard.
On their site they have matching program for the Fed tax credit. That is up to $16k. So we can safely say roughly 5%-10% worth of concessions. So that effectively results in $650 /sqft.
Pretty good in this economy and that it is in Willy-B.
Good for them.