120 Amity Street Is Finished and Being Lived In

It’s possible that we’re way behind the times on this, but we only just noticed it on a bike ride earlier this week…120 Amity Street, one of four single-family lots that were part of the original Lamm Institute parcel back when Time Equities was planning to develop the site back in 2008, was sold off to a Brooklyn Heights resident in 2010 for $900,000, a half million dollars less than what the developer initially was hoping to get for it. Plans were already in motion for the construction of a one-family townhouse of just under 4,000 square feet when the new owner took possession. By January, according to a photo on PropertyShark, the exterior of the house was largely complete but still shrouded in netting. It was complete enough for the owners to refinance the property in February. And when we passed by on Tuesday it was clearly being inhabited with only minor finishing touches remaining. Given the way prices for houses in Cobble Hill have moved in the past couple of years, we bet that the new owners have done pretty well for themselves.
Lamm Lots Coming Down in Price [Brownstoner] GMAP