80 Met Makes it Official

Last week the first closing was recorded in public records for 80 Met in Williamsburg. The unit that sold, according to StreetEasy, was a 555-square-foot studio that was originally listed for $415,000 and wound up going for for $385,000. StreetEasy says that 45 of the condo's 123 units are in contract, so the development still has a long sales road ahead of it. Prices on active listings are ranging from $485,000 for a one bedroom to $1.67 million for one of the project's nine townhouses.
80 Met Receives TCO [Brownstoner] GMAP
80 Metropolitan [StreetEasy]
Price Cuts at 80 Met [Brownstoner]

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Far less than 50% inked with a probable yield rate the same. Run-of-the-mill overpriced listing. 8 blocks to nearest train.

***Bill Thompson for Mayor***

Posted by: Brownstones Half Off at October 13, 2009 12:32 PM

Hahaha, Bill Thompson for Mayor. That might be the dumbest thing I heard all year. What a chump.

Posted by: Stroller_Mom at October 13, 2009 10:39 PM

i agree that these were over priced - even by 2006 pricing. too bad because if these townhouses were on the market in 2005 and priced correctly, i would have bought one. i really really like this development. caught up in bad pricing and bad timing.

too far from the subway is silly. williamsburg blocks are tiny. great short walk down bedford to the L - stop at Verb on N.5th for coffee (one of the best IMO), and happy commute.

if you can't walk this in 5 minutes, you are in disabled. that was a dumb comment.

Posted by: wine lover at October 13, 2009 11:05 PM

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October 13, 2009

80 Met Makes it Official

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