Condo of the Day: Resale at the Mill Building
It’s been about a year since
It’s been about a year since closings began at Williamsburg’s Mill Building. Since then, a handful of units have changed hands, including a couple on the top floor which went for over $900 per square foot. Compared to those levels, this 1,950-square-foot three-bedroom looks like a relative bargain at $1,435,000. It also looks good on a price-per-square-foot basis versus this 1,068-square-foot one-bedroom in the building that’s currently on the market for $835,000. Think the seller will get his/her price?
85 North 3rd Street [Pari Passu] GMAP P*Shark
Condo of the Day: Mill Building Raw Flip [Brownstoner]
Market Slump? Not At The Mill Building [Brownstoner]
I could make gratuitous comments about Radiac down the street… or has it closed yet?
Careful. They may be worth more than the apartment.
Doesn’t anybody want to make gratuitous comments about the artwork?
Wakey, wakey people.
Just look at Streeteasy.com.
Two raw units just sold for nearly $2mm for about 3000 sq feet.
That is approx. $667 a foot.
1950 x 667 = 1,300,650
And this apt is finished, albiet not the new finishes. The price is very reasonable, maybe low.
Great properties go for great prices. There is nothing like the Mill in Williamsburg.
And yes, I do live there.
This place needs two front doors in case you want to exit at the same time your partner is entering.
1:13: I love how you come to your boyfriend’s defense there, Biff. It’s so sweet!
Who says chivalry is dead?
1.38, according to Corcoran Group, prices in Williamsburg are down by 26% compared to last year —
http://www.nytimes.com/2008/07/02/nyregion/02market.html
If someone is willing to put in some time and work on this apt, my guess is it would go for $1.1 at most, if the view/light is good.
Any thoughts?
per square foot, sorry
$900 psf? Or $900K?