Oro Watch: Still Building, Now Selling
The Oro Condominium (shown in a fresh action shot from about 15 minutes ago) sales effort is underway. The winning brokerage firm? Douglas Elliman. Ka-ching! The first wave of thirteen listings ranges from $366,000 for a 484-square-foot quasi-one-bedrooom to $995,000 for a 1,334-square-foot two-bedroom with two baths. Finishes, not surprisingly, look pretty high-end. Overall, asking…
The Oro Condominium (shown in a fresh action shot from about 15 minutes ago) sales effort is underway. The winning brokerage firm? Douglas Elliman. Ka-ching! The first wave of thirteen listings ranges from $366,000 for a 484-square-foot quasi-one-bedrooom to $995,000 for a 1,334-square-foot two-bedroom with two baths. Finishes, not surprisingly, look pretty high-end. Overall, asking prices are within spitting distance of about $750 a foot, which gives us further conviction that some of these smaller, more marginal developments like Das Haus are going to have to scale back their price expectations.
Oro: 306 Gold Street [Douglas Elliman] GMAP
ro Condos worth their weight in gold [Set Speed]
Oro Condos: Now For Sale [Myrtle Minutes]
Gold Rush! Oro Condos Hit the Market [Curbed]
There’s Gold in Them There Hills! [Brownstoner]
Oro Watch: Three Stories and Counting [Brownstoner]
just came back from an open house, sales people don’t seem to eager to sell, a bit of a joke
http://orocondos.com/
“are the buyers well-off minorities or white pioneer?”
scary what can come out of someone’s mouth (brain)
Yeah, Especially to walk right up the block to Atlantic Mall to buy your Nets gear to wear to their games at new Stadium.
In fact, I would argue that the Oro is superiorly located.
It isn’t that far from stuff– dumbo, fort greene, brooklyn heights! Obviously the neighborhood is marginal, but the location is good for transportation, manhattan, and a lot of other neighborhoods. I don’t think it is so strange…
who is buying the condos in these somewhat marginal areas . they’re far fron inexpensive and the amenities will not change for a few years. are the buyers well-off minorities or white pioneers getting in on somenting they thing will appreciate. i’d be curious to know the demographics.
Looking at the two-bed of 1,334 sq. ft for $995k, I cannot get more than 1,100 sq. ft. from the floorplan.
Also, If residents venture to cross Flatbush Ave Extension and walk through MetroTech directly across the street to get to the other side of Brooklyn by foot, they cannot. FD headquarters and PD 911 Building are across from them, guarded by PD 24/7, and you need FD or PD ID to enter the entire surrounding area.