Condo of the Day: 85 North 3rd Street, #207
The Mill Building at 85 North 3rd Street has long been a favorite of ours. The conversion hit the market in better times and was popular with buyers. One such buyer is now moving on though and putting his second floor loft on the market. The 1,750-square-foot pad, which originally went for $872,000, is asking…
The Mill Building at 85 North 3rd Street has long been a favorite of ours. The conversion hit the market in better times and was popular with buyers. One such buyer is now moving on though and putting his second floor loft on the market. The 1,750-square-foot pad, which originally went for $872,000, is asking $1,200,000, and before everyone jumps to the conclusion that that’s too big a mark-up, consider that, despite the plethora of new construction condos clogging the market, there’s actually a paucity of nice conversion properties available. Witness the overwhelming demand for Mason Fiske recently. At under $700 a foot, this place is priced competitively with the Mason Fiske apartments.
85 North 3rd Street, #207 [Corcoran] GMAP P*Shark
NOMI!!! How do you possibly come to think that *rental* prices are somehow magically disconnected to *purchase* prices?!
There is a direct relationship! You buy a house for waaaay to much money, so you rent the garden apartment for $2700 instead of $1200 to try to cover your monthlies… Someone pays that ridiculous prices and BAAAAM! That’s the new “standard” for some mediocre crap whole with low ceilings.
That affects ME… a renter.
tybur6 — why begrudge people with money spending it however they want to?
This is one of the most desirable places to live in the world. And you live here too. It IS possible to live here on what is a modest income (modest here, well above average in many other states). If buying is a priority, then you’ll figure out how. But many people rent in NY their whole lives. Happily. Nobody bought in my mother’s generation, save the truly wealthy.
Heather — funny.
Looks like a 3-br in this configuration, no? (yeah, no windows, no bedroom…).
I think this may actually go for ask. That’s a great part of williamsburg, close to the train, very interesting shops,clubs, restos. East of Bedford doesn’t interest me all that much, probably because I’m over 40.
I have been thinking about this some more. Not, like, obsessively, but just randomly. The pink kitchen. I admire it. It is a bold choice. But that wall mural is so godawful faux warholian that it makes my teeth ache. Still, I want to know the rest of the narrative. Is this Shalom Harlow’s apartment and she’s checking into rehab? Getting married and buying a tudor in Greenwich? An art director at Cookie or Domino who got canned?
Not that it’s important, I just wonder. I mean, okay, I admit it, except for that mural, I actually like the decor.
I am just confused. Is this a swinging bachelor pad for someone who thinks they are Warren Beatty in Shampoo? Or is it a woman’s apartment? Or a gay man? Honestly, the line is so metrosexually blurred with the cultural signifiers, I can’t tell.
And for some reason, it bothers me.
A comparable property in the Esquire Building was just on the market for 1.1million. (high floor, 1600s/f, 20ft ceilings etc…). It went thru a price chop and sold for 985,000 to a foreign buyer. The Esquire also has less than half of the monthly costs.
DH, it does look like great entertaining space.
“The square footage keeps being quoted… But these aren’t 1,700 *livable* square feet. This place has gallery/museum proportions. It’s 1,700 open square feet. It’s a 600 sq ft living room!”
Floorplan is ideal for a single person/couple who likes to throw bitchin parties.