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]
guest 1:03
“That is asking a lot, given the 25% drop in prices in Williamsburg.”
from the link today:
“WILLIAMSBURG AND GREENPOINT: Overall median sales price of all property types was $508,402, up 9% from the same period last year.”
that contradicts what you say about -25%. Do you have a reference?
thanks.
where’s the floorplan? 1950 sf is huge – this looks like 950 sf – all the pix are basically the same.
biff and dibs
sitting in a tree…
1.03, if this is Apt 309, it was bought last fall for only $620,000. Must have been to a tenant or other insider. Even given the insider price last year, $1,435,000 seems unrealistic. Seller is probbaly just testing the water.
1:05 I haven’t really run into any douches in bed stuy so you must have moved in recently
You forgot to make a comment before you added your monicker
Keep going 1:05…on Monday you can go back to kicking your dog to relieve the frustration of your clearly unfulfilled life.
would appeal to someone who likes that rustic look. it’s homey, though i don’t get why you’d go for that in an industrial building. but it’s nice to see that these loft places can be tailored to all sorts or styles.
doucheinbedsty
This is not one of the developer’s buildouts. It must be one of the tenant buyer’s selling it. They likely paid $800-900K last year. They are looking for a big profit, given the fact that it looks like they have done no work on the apartment. That is asking a lot, given the 25% drop in prices in Williamsburg. A 1500 sq apartment in the same building went for less than a mill recently.