Only One Left at 476 Sterling
476 Sterling hit the market a year or so ago, offering a mix on one-, two- and three-bedroom units priced in the mid-$400s per square foot. A broker now tells us that seven of the eight units are now spoken for, with six already closed and one more in contract. StreetEasy shows that most of…
476 Sterling hit the market a year or so ago, offering a mix on one-, two- and three-bedroom units priced in the mid-$400s per square foot. A broker now tells us that seven of the eight units are now spoken for, with six already closed and one more in contract. StreetEasy shows that most of the units sold for around five percent less than what they were listed for. The final unsold unit is a two-bedroom duplex with a price tag of $562,835.
476 Sterling Condos Now for Sale [Brownstoner]
Development Watch: 476 Sterling [Brownstoner] GMAP
All new buildings suck. Landmark everything. I love vacant lots. F*** Capitalism! Free Mumia!
Thanks for reminding me about the 16th St crap. Not going there either.
Looks like an overhang for the balcony on the top floor to me, lincolnlimestone. And guessing it’s also partially decorative.
What is that odd growth on the top of the middle of the Building. I’ve biked past this many times and still haven’t got a clue as to what it could be.
Babs:
“Does anyone know of any other recently-built four story walk-up condo buildings of this size at any price range?”
Corcoran has been trying to unload a bunch in the South Slope, including the infamous 16th street condos at 226-228-230 16th Street. In terms of comparison, those places have slightly nicer bells and whistles (bathrooms have nicer fixtures, for example), but the bedrooms are about half the size at 476 Sterling, and the buildings don’t offer outdoor space (476 has a backyard).
Yes, it’s on the 4th floor (upper bedroom is 5th floor).
So is this on the 4th floor? For some reason from teh floorplan I thought it was a ground-floor duplex, and the second bedroom was one of those questionable basementy ones.
I don’t completely hate this price or location either, especially if the second bedroom is not in the basement. If still makes no sense compared to our rental, but the gap is narrower.
I’ve seen the remaining unit, and it’s actually a beautiful unit (bathrooms aren’t all that, but that means you can reno with a clear conscience).
Biggest issue is the price for 2br on the 4th floor. The second and third floor units were about $100K cheaper–without the loft feel and the second bathroom, but still . . .
Still a better deal than what you’d get in the South Slope or Gowanus areas, let alone Park Slope or Boerum/Cobble/Carroll.
By condo buildings of this size I didn’t just mean height – I meant number of units. If I’m going to buy a POS I at least want it to have an elevator, not a cement staircase. No problem with a walkup in a nice pre-war building or townhouse. No elevators in the 80 Met townhouses, but then again, no neighbors in the same building either.