A four-story condo building we’ve been watching at 45 India Street in Greenpoint looks pretty close to finished, at least on the outside. Windows are in on the top floors, the brick facade is installed, and it seems like interior work is under way.
Designed by Lubrano Ciavarra Architects, the development has seven apartments and a “brick corduroy facade” intended to echo the 19th century industrial buildings found throughout the neighborhood. There will be two one-bedrooms; four two-bedroom, two bath units; and a three-bedroom penthouse. Shared amenities include a rear terrace, garden and gym.
And it looks exactly like the rendering we published two years ago. What do you think of how it’s turning out so far?
We’re not sure the new building that replaced the Carroll Gardens brownstone that collapsed in 2012 is completely finished but it is on the market — as condos. The condos, as Curbed noted, are “pricey,” but we must say they look very nice.
Except for the too-short windows and door on the parlor floor, and lower overall height, the exterior looks much like it did before the collapse, although it’s a completely new building. Inside the units are modern, spacious and light, with gigantic windows in the rear. The building is 25 feet wide, so they had more space to play with than usual.
The prices are something of a surprise: $2.2 million for a two-bedroom, two-bath floor through on the second floor to $3.5 million for a three-bedroom duplex on the top. That could buy you a whole brownstone in the area, though it would probably need renovation.
Unit No. 3 is already in contract, according to the listing.
We’re interested in how the owners financed such a high-quality rebuild. As far as we can see, they didn’t take out a new mortgage and still own the building, although now in the form of an LLC. We think it’s interesting they decided to develop and sell. Above, the house under construction in September.
What do you think of the new units — and the prices?
This rendering for a four-story apartment building at 324 20th Street in Greenwood Heights is surprisingly traditional and restrained. The brick building will have traditional windows, a traditional dark cornice, and simple dark lintels above the windows that echo brownstone architecture.
NY YIMBY published the design yesterday, which is by Marin Architects. (The firm is also designing 247 Bedford Avenue, Apple’s future Brooklyn address, as we noted in our 10 am story today.)
Each of the first three floors will have two apartments with balconies, and a full-floor penthouse with private roof space will sit on top of the building, set back from the street. Overall, the development will have seven apartments, averaging more than 1,400 square feet each. NIMBY speculated the spacious units will be condos.
Plans were filed in July. Two 19th century wood frame houses currently sit on the property, and demolition permits were filed in September. The rest of the block is mostly 19th century buildings, including a lot of three-story wood frames. Click through to see what the back of the building will look like.
Plans and renderings have been revealed for the conversion of the dilapidated 19th-century apartment building on a prominent Park Slope corner across from P.S. 321. The Times reported that developer Sugar Hill Capital Partners will spend $6,000,000 revamping the five-story building at 187 7th Avenue into four condos and hopes to finish construction in the fall.
Two of the three-bedroom, two-bath condos at “2ND7th” hit the market last week for $3,198,000 and $3,500,000 respectively. Both of the pricey pads are just over 2,000 square feet, and the more expensive one is a penthouse with a private roof deck. The building will also have a common roof deck with cabanas and a communal kitchen for grilling, according to the listings.
While we’re happy the building is being revamped, we think it’s unfortunate the pressed-metal turret and its older-style windows will be lost. (Click through to see an old photo of the building.) It looks like they plan to match the old brick and keep the cornice.
Slate Property Group and Adam America are revamping the former Jay Street Arts Building at 51 Jay Street into condos, which have just hit the market from $875,000. The ODA-designed project has three stories and 74 units, 14 of which were listed yesterday. BuzzBuzzHome was the first to spot the listings.
Apartments range from studios to four-bedrooms, including six penthouses and a townhouse with a private entrance on Water Street. Asking prices run as high as $5,150,000 for a four-bedroom penthouse. And two of the 14 listings are already in contract — a $2,350,000 three-bedroom and a $2,125,000 two-bedroom, according to StreetEasy. Amenities include a 24-hour concierge, gym, yoga room, children’s playroom, lounge and rooftop terrace with outdoor kitchen, fireplace and outdoor showers.
The landmarked Brooklyn Lyceum at 227 4th Avenue will become condos. Interestingly, the developer plans to put only two or three luxury units inside the relatively small building — it is 12,200 square feet — but will put up a 12-story rental building next door with as many as 70 apartments, Crain’s reported.
Real estate investment firm Greystone just closed on the Lyceum, which it purchased at auction for $7,600,000 in October, as we reported at the time. It is in the process of buying the empty lot next door at 225 4th Avenue for $13,500,000, Crain’s said.
We had speculated in October the building, a public bathhouse built in 1910, was unlikely to become apartments because there wasn’t enough room for more than a few, unless Landmarks allowed an addition on the roof.
By buying both sites, the developer can transfer about 20,000 square feet of development rights from the Lyceum to the empty lot and build bigger there. Greystone is also planning to restore the exterior of the building.
The developer plans to start construction in the spring and finish early in 2017. Work on the Lyceum will begin whenever Landmarks approves the plans, the firm told Crain’s.
“We’re looking forward to restoring the building,” a Greystone exec told Crain’s. “This is a brownstone neighborhood, so we’re going to try to create something in context with that, inside with the units.”
Update: We just received a press release from Greystone, which says 225 4th Avenue will have 68 luxury rentals and 3,500 square feet of stores on the ground floor. Amenities will include a gym, bike storage, and roof deck. RKF is going to be the leasing and sales agent for both buildings.
Paging all Richard Meier fans! This two-bedroom condo at 1 Grand Army Plaza just became available. The fourth-floor unit has two bedrooms, two bathrooms and an open living/dining area in addition to the modern all-white finishes you would expect. Asking price for the 1,263-square-foot apartment is $1,395,000 and the monthly common charge is $1,465.
This two-bedroom (three, if you count the home office) condo at 70 Washington Street in Dumbo just hit the market with a price tag of $2,175,000. The 1,700-square-foot pad has high ceilings, big windows and a corner exposure. Oh, and you also get your own rooftop cabana.
Seven months after launching sales, the 53-story tower at 388 Bridge Street has sold half its 144 condos and leased 95 percent of its 234 rentals. Only 67 condos are left, and move-ins and closings are well under way, according to PR people for the development.
The remaining condos at Brooklyn’s tallest high-rise range from $650,000 to $1,600,000, and asking prices for the fancy “Penthouse Collection” start at $1,742,000 and go up to $5,999,000. Condos are selling for close to $1,600 a square foot.
Designed by SLCE and developed by the Stahl Organization, the building features 8,000 square feet of amenity space and has a two-story Manhattan Athletic Club at its base.
This fourth-floor condo at 138 Sackett Street has been for sale since last summer, which is a pretty long time in this market, especially for a place as nice looking as this. All we can come up with is that the asking price of $1,195,000 for 1,062 square feet has been too high for the Columbia Street Waterfront District. Anyone checked this place out?
Four former rent-stabilized apartments in a pretty Park Slope apartment house have just hit the market as condos. The one-bedrooms at 19 St. Johns Place range from 601 to 666 square feet and are priced from $631,000 to $732,000. For those of you keeping score at home, that shakes out to roughly $1,049 per square foot.
The priciest apartment, Unit 4B, has been upgraded with new cabinets, a new bathroom and stainless steel appliances, as well as an open plan kitchen/living room. It also comes with roof rights. The rest of the apartments have more traditional layouts, with separate kitchens, standard white appliances and white cabinets. A fifth condo will go on sale in the spring, according to the broker. (Some of the units “were briefly on the market in 2010,” he added.)
The four-story turn-of-the-century building has eight units, three of which are still occupied by rent-stabilized tenants. Do you think these condos sound attractive?
This prewar condo at 225 Eastern Parkway in Crown Heights just hit the market with an asking price of $1,100,000. The two-bedroom pad could really accommodate a third bedroom, given the full-sized dining room. The 35-foot-long foyer also adds a nice sense of scale to the place. Gut-renovated in 2005, the 1,440-square-foot apartment is in good shape (though we don’t love the design choices in the kitchen).