Did you think this day would ever come? Clinton Hill condo building the Isabella, at 545 Washington Avenue, has sold out. The building first went to market in the summer of 2008 and was met with slow sales. In 2009 the developer received a loan to finish building construction and relaunch sales. Units were relisted in October 2010 with some significant price cuts. We heard the building reached the 50 percent mark last April. Still following? Here’s the latest, per a Corcoran press release: “The 62 residences sold out in 18 months since sales began in March 2011. The largest apartment, a 1,656-square-foot three-bedroom, three-bath with patio, sold for $795,000.” Looks like Corcoran took over the sales effort in March and got the job done!
Isabella Half Sold, Closings Under Way [Brownstoner]
Progress at Formerly Stalled Clinton Hill Condo [Brownstoner]
The Isabella Launches Sales [Brownstoner] GMAP


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