Checking In On 105 Lexington Avenue

It's been a long slog, but we're hearing from the broker that the first wave of closings at 105 Lexington Avenue, a very nice loft conversion project on the Clinton Hill/Bed Stuy border, is about to happen. (To clear up some confusion, this is a different project and developer from 95 Lexington.) To date, eight of 32 units are in contract. There haven't been any price cuts recently but the sponsor has a deal on the table to pay one year of common charges for anyone who signs a contract before June 1. The average price per square foot of the listings is $533, according to StreetEasy. There's an open house from 3 to 5 p.m. on Sunday.
105 Lexington Avenue Listings [StreetEast] GMAP
105 Lexington Avenue Coming to Market [Brownstoner]

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/9244

Comments

"...we're hearing from the broker that the first wave of closings...is about to happen."

Theoretically, that can mean only two.

"eight of 32 units are in contract"

Eight is not enough whether they all close or not.

"a deal on the table to pay one year of common charges for anyone who signs a contract before June 1"

Hmmmmmm. About -$15K or half off? That's a brainer!

lechacal!!! Does your Team Bid movement smell blood?

***Bid half off peak comps***

Posted by: Brownstones Half Off at May 15, 2009 12:18 PM

This building is not "in the heart of Clinton Hill." It's the 79th Police Precint - Bed-Stuy. My wife used to have an artist's studio in this building and that block was a crazy open drug mart.

Posted by: Art Salt at May 15, 2009 2:07 PM

"It's the 79th Police Precint"

ROTFLMMFAO (although I would have thought it was in the 88 right up the street)

***Bid half off peak comps***

Posted by: Brownstones Half Off at May 15, 2009 2:32 PM

It is in the heart of Clinton Hill if you wear your heart on your sleeve and are hailing a cab.

The bf and I looked at these (curiousity only) a month or so back. The spaces were cute - and we loved the top units with decks. NBeighborhood will be very different if they are ever sold or rented.

Posted by: Putnamdenizen at May 15, 2009 2:53 PM

I lived in a loft building on the next block on Lexington fifteen years ago. It was was one of the most fun places I ever lived. Then there were a lot of Pratt students and some working artists in the surrounding buildings and blocks. Some of them still live there.

Posted by: chase at May 15, 2009 7:07 PM

I have an irrational like for that building, despite the gigantic kitchens and acrylic tubs. The spaces feel very nice. Were we in a position to buy... eh, I don't know.

Posted by: Heather at May 17, 2009 4:24 PM

« Greenpoint's Pencil Factory Shut Down Open House Picks: Six Months Later »

May 15, 2009

Checking In On 105 Lexington Avenue

Trackback Pings

Comments

Post a comment

Latest Restaurant Additions