Price Cuts at 125 North 10th Street

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The new condo building at 125 North 10th Street in Williamsburg got some nice ink in The Times last month when The Hunt column featured a couple opting for a two-bedroom in the building. The press couldn’t have hurt, but it wasn’t enough to remove the need for a little pre-Christmas price-cutting. According to StreetEasy, two units had their asking prices reduced by more than 10 percent last week. A 1,048-square-foot two-bedroom went from $754,500 to $649,000 and a 1,054-square-foot penthouse went from $1,100,000 to $945,000. The broker’s website shows that 24 apartments are still available. Out of 86 total, that’s still not too bad a batting average in this market. GMAP

By Brownstoner |