531 vanderbilt avenue 1

Brookland Capital’s Clinton Hill condo project has hit the market, and prices are well under a million bucks. The 18-unit building has studios, one- and two-bedrooms priced from $399,000 to $594,000, marketing reps from Aptsandlofts told us.

The building, at 531 Vanderbilt Avenue, is close to Atlantic Avenue, and as Curbed pointed out, the apartments are relatively small, sized from 411 to 564 square feet. Some units will have private terraces or ground-floor outdoor space, and interiors feature herringbone oak floors, granite countertops, radiant heated floors in the bathrooms and deep soaking tubs.

Issac and Stern designed the seven-story project, which broke ground earlier this year. Click through for more photos.

We like the simple cabinetry and the herringbone floors. What do you think of the design, location and pricing?

531 Vanderbilt Avenue Listings [Aptsandlofts] GMAP
Renderings via Aptsandlofts

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83 halsey street bed stuy 112014

We wrote about the condo conversion of 83 Halsey Street back in 2008. At the time, this third-floor unit was priced at $425,000. Six years, however, is an eternity in the life of a rapidly gentrifying neighborhood so it should come as no surprise that the 745-square-foot pad is now asking $700,000. This apartment is very nice, with original woodwork and a private deck to boot. Plus, the common charges are just $330 a month. There’s an open house tonight from 6 to 7 pm.

83 Halsey Street, #3 [Halstead] GMAP

one john street kitchen 1

Last night, Alloy Development hosted a preview for its multimillion-dollar condos under construction at One John Street in Brooklyn Bridge Park, along the Dumbo waterfront. Although the developer is still driving piles into the mud next to the Manhattan Bridge, there are accepted offers on roughly 40 percent of the condos in the 12-story, 42-unit building, reps told us.

Alloy, which is also designing the project, created a model kitchen and bathroom in its offices at 20 Jay Street in Dumbo. Apartments will range in size from 1,500 to 3,600 square feet and in price from $2,500,000 to $8,000,000. Most of the units are three- and four-bedrooms with three baths, but there are a few two-bedroom, two-bath ones. Sotheby’s has nine listings up.

The demo kitchen featured two islands with Gaggenau appliances, a vented ceiling hood, basaltina countertops, a five-burner gas cooktop, integrated full height cabinetry with pantry and “appliance garage” for concealing toasters and such, and a wine fridge. And we saw a master bath, which was finished with stone mosaic floors, Dornbracht and Fantini fixtures, a glass-walled dual shower, a freestanding soaking tub and double vanity. Click through for more photos.

One John Street [Alloy]
One John Street Listings [Sotheby's]
One John Street Coverage [Brownstoner]

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304 north 7th street willliamsburg

Three big developers have snapped up a crumbling Williamsburg factory for $18,300,000, Crain’s reported, paying a near-record price in hopes of building condos on the site. Adam America, Naveh Shuster and Slate Property Group recently bought the large, L-shaped property at 304 North 7th Street. It faces the BQE and has close to 200 feet of frontage on both Meeker Avenue and North 7th Street, for a total of 22,325 square feet.

The final sale price works out to $432 per buildable square foot, for a property that could accommodate up to seven stories and 60,278 square feet of development. The lot last changed hands for $9,450,000 two years ago, meaning that the previous owners flipped it for nearly twice what they paid.

The developers are confident about the condo market, an exec from Slate said. Condos in Williamsburg are relatively scarce, with 256 condos in development versus 3,725 rentals, according to TerraCRG data quoted in Crain’s. TerraCRG brokered the deal.

The development trio is also working on several other projects in Brooklyn, including large developments at 535 4th Avenue, 470 4th Avenue, and 275 4th Avenue, as well as a six-story rental in the Broadway Triangle. And just a block away, Adam America is  building two seven-story buildings housing 169 units at 247 North 7th Street

Williamsburg Warehouse Fetches Near-Record Sum [Crain's]
Adam America Coverage [Brownstoner]

Photo by Christopher Bride for PropertyShark

951 pacific street crown heights 112014

Passive house condos are all the rage in Brooklyn these days, and last week, we got to tour what is apparently the borough’s first net zero passive house development under construction at 951 Pacific Street in Crown Heights. If a building is rated net zero, that means it is able to produce as much energy as it consumes. Designed by architect Paul Castrucci, the three condos hit the market last month.

The 5,600-square-foot building has triple-glazed Shuco windows, four inches of insulation and is wrapped in an air-sealed, breathable membrane. As is typical in passive houses, each apartment has its own “energy recovery ventilation” system that dehumidifies and pre-cools outside air during the summer and mixes outgoing hot air with outside cool air in the winter, which helps reduce energy costs. A solar array on the roof provides 4 kilowatts of electricity for each unit, and there’s a solar-powered backup outlet in case the electricity goes out. The garden has a 1,200-gallon rainwater harvest system, and the kitchen features an Energy Star Electrolux fridge, induction range and granite countertops.

The three duplexes all have outdoor space. Unit No. 1 is a one-bedroom, 1.5-bath with 1,517 square feet of space and a private garden asking $1,400,000, and Unit No. 2 — the model unit we toured — is a 1,492-square-foot three-bedroom, two-bath with two balconies asking $1,490,000. Unit No. 3 is priced at $1,567,000 and features three bedrooms and two baths spread across 1,567 square feet, along with two private roof terraces. It already has an accepted offer, according to the broker.

Construction is expected to finish by the end of the year. Click through for more interior photos and description.

951 Pacific Street [Official]

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88 schermerhorn street screenshot downtown brooklyn

The wrecking ball is coming for this attractive circa-1900 walkup at 88 Schermerhorn Street in Downtown Brooklyn, which sold for $11,000,000 last month and will be replaced by condos. The new owner, Second Development Services, filed a demolition application for the four-story, eight-unit building last Friday.

A deed dated October 1 lists Second Development as the buyer. The site’s zoning allows a building as large as 33,330 square feet, which works out to a sale price of $330 per buildable square foot, a record for the area, according to GlobeSt.com, which covered the sale.

SDS told the publication they’re going to build a 20-story condo on the lot between Boerum Place and Court Street. The developer is also working on the 29-story Vos Hotel at 95 Rockwell Place. GMAP

Photo by Google Maps

53 lincoln place park slope 112014

This $2,400,000 duplex at 53 Lincoln Place in Park Slope is pretty slick. The 2,217-square-foot pad takes up the ground floor and basement of the 2009 vintage building. It’s all very modern but in an unrisky way that should have broad appeal. We can’t recall ever seeing such an intricately dug out back yard. It’s a little too institutional feeling for our taste but it looks pretty pro. Fair price?

53 Lincoln Place, #1 [Corcoran] GMAP

265-nostrand-1-110714

A former school and Building of the Day at 265 Nostrand Avenue in Bed Stuy is being turned into apartments. The three-story Renaissance Revival structure is getting a two-story addition and 30 units, according to alteration permits. Ten duplex apartments will occupy the top two floors, according to Schedule A filings.

listing for a two-bedroom – we’re not sure if it was a rental or condo sale — went up in March but is no longer active, according to Zillow (we couldn’t find any record on StreetEasy or elsewhere). The interiors look pretty basic — a strip kitchen with stainless steel appliances, central heat and a typical new-construction bathroom. The listing says there’s a shared backyard. Thanks to a tipster for the listing and the heads up on the building.

Originally the Brooklyn College of Pharmacy, and more recently a church, the building was constructed in 1903 and designed by J. B. McElfatrick and Sons. Public records show that it last changed hands two years ago for $1,803,600. The building doesn’t have a new certificate of occupancy or a condo declaration on file, which might explain why there are no active listings or sales. Click through to see a schematic and a few interior shots.

Update: The interior photos on the Zillow listing are from another building, a spokeswoman for Aptsandlofts, which is repping the building, told us. She said she didn’t have any more information about 265 Nostrand and whether it will be condos or rentals. We took down the interior shots.

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244 bushwick avenue bushwick 112014

The big selling point for this penthouse apartment at 228 Bushwick Avenue in East Williamsburg is the huge private roof deck. The way it spans the entire length of the apartment, with entrances from both the living room and the bedroom, is great. The rest of the one-bedroom unit is nicely proportioned and modern in style. As far as we can tell, the total indoor space comes to about 600 square feet. With an asking price of $844,000, that’s putting a high value on the deck!

228 Bushwick Avenue, #7A [Bond] GMAP

828 bedford avenue bed stuy 112014

We caught this schematic on the fence at 828 Bedford Avenue in Bed Stuy, a block from the Williamsburg border, where foundation work recently began for a six-story apartment development. Plans for the 11-unit building were first filed in 2002, but the latest round of new building permits were issued in June of this year. The architect of record is De-Jan Lu, and the owner is an LLC who purchased the lot from another LLC for $1,015,125 last year. It looks like the project will be condos, because the previous owners filed a condo declaration in 2009. The property is a sizable 50 by 100 foot vacant lot that once held a car repair shop, according to old tax photos.

Click through to see what’s behind the fence.

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265 state street boerum hill 102014

After fewer than four months in business, retail mogul Andy Spade’s home goods store Boerum House and Home at 312 Atlantic Avenue in Boerum Hill has shut its doors. Meanwhile, nearby at 265 State Street, a combo hotel-condo, known as The Boerum, is getting ready to launch sales in mid-November, a spokesperson for the development told us. The space that housed Boerum House and Home will become the Corcoran Sunshine Marketing Group sales gallery for the condos.

Boerum House and Home was founded by Partners & Spade, a partnership of Andy Spade and Anthony Sperduti, in partnership with architecture and development firm Flank, which designed the store. The store debuted in late June or early July, as we reported at the time. In an email to us, a spokesman for The Boerum called it “the acclaimed housewares and furnishings store designed and curated by Flank and Partners & Spade” and noted that Partners & Spade is a creative agency whose clients include Warby Parker, Shinola and J.Crew. Flank is also the developer and the designer of The Boerum, its first and biggest project in Brooklyn.

The Boerum, which apparently will take up all of one side of Smith Street between State and Schermerhorn, has put up a teaser site. The site also goes by the addresses 71 Smith Street and 140 Schermerhorn, and The Carlyle Group is also involved, according to Crain’s. The hotel will occupy the first six stories, and floors seven through 19 will hold 128 one- to five-bedroom apartments, including four penthouses, with a focus on larger units catering to families, the PR rep said. The red brick and cast stone building will offer family-friendly amenities such as art classes for kids staffed by teachers from the Children’s Museum of the Arts in the Village, according to The Wall Street Journal. Pricing has not yet been announced.

Corcoran may not even have to change the sign at 312 Atlantic Avenue, which just says “Boerum.”

The Boerum [Official] GMAP
Andy Spade Debuts Home Store on Atlantic Avenue in Boerum Hill This Month [Brownstoner]
Rendering by Flank