Listings Go up for Red Hook Conversion
After years of litigation, a change of ownership, talk of rentals and artists studios, listings have gone up for 160 Imlay, which turn out to be luxury condos with spectacular views of the river priced competitively with similar property in “prime” Brooklyn. Ten units have been listed so far, ranging in price from $973,000 to…
After years of litigation, a change of ownership, talk of rentals and artists studios, listings have gone up for 160 Imlay, which turn out to be luxury condos with spectacular views of the river priced competitively with similar property in “prime” Brooklyn.
Ten units have been listed so far, ranging in price from $973,000 to $3,857,325. The latter, the priciest listing in Red Hook right now, according to DNAinfo, is only a one-bedroom. It has 3,429 square feet and is on the sixth floor. The floor plan labels it a “white box studio,” which sounds like raw loft space. The same renderings are shown for all the listings.
Three units asking $973,000 are also one-bedrooms, but they are on the fourth and fifth floors and only about 973 square feet.
The architect of the conversion of the industrial building is Morris Adjmi Architects. Construction is expected to finish up in 2016.
160 Imlay, #6DIÂ [Douglas Elliman]
160 Imlay Conversion Brings Expensive Condos to Red Hook [Curbed]
Converted Red Hook Building’s 1-Bedroom Condo Listed for $3.8M [DNA]
160 Imlay Coverage [Brownstoner]
Renderings via Douglas Elliman
Less than a week later, 11 out of 14 are in contract. ’nuff said
A 3 bedroom condo at 1BBP, with smaller square footage, similar views and amenities, which is no closer to the subway just sold for $2.3M. The Pierhouse condos 3-beds start at $4M and have smaller square footage. A 2800 sq ft 3 bedroom with really upscale finishes doesn’t seem to bad to me at $2.7M.
Those who say there isn’t anything in Red Hook haven’t been to Red Hook lately. And this development will only bring more.
As for taxis — that’s why God invented Uber.
1BBP is a quick 10 minute walk (maybe less) to the 4, 5, 2, 3 at Boro Hall on Court Street. That is why they all sold so fast — you get the Park, The Heights, and the subway… In any event, my guess is that this Red Hook place will have a shuttle to and from the subway…
I would like to know more about the shipyard that is between the building and the water. Could a private developer purchase that land and build a tower blocking the view?
Prices are fair….this should be as nice as Pierhouse and nicer than OBB but the killer here is the montlies. They are CRAZY. Combine that with not moving in for 2 yrs and me thinks the $2m + units will be tough to sell.
Exactly. And references below to OBP are ridiculous. That may be isolated from trains, but it sits on the finest waterfront park in the city. This location is dreck. The inflated square footage here is a liability, simply means more maintenance and taxes.
Uber, bro
There are about zero NYC taxis in Red Hook – you will need car service…
Are there plentiful cabs in Red Hook these days? If I’m spending almost $4M, I don’t want to also deal with calling a car service at least twice a day every day.