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Remember the Rialto? The 31-unit development sold out back at the beginning of last year, but you’ve been kicking yourself for missing out first time around you’ve got another shot: The first resale at the Northside development has just hit the market. Like many ground-floor units in newer buildings, this one has high ceilings, a mezzanine and lots of square feet (1,425) for the price ($895,000). On the flip side, it’s on the ground floor. Location—on North 5th Street just off Bedford—doesn’t get more central for The Burg.
150 North 5th Street, #1H [Aptsandlofts.com] GMAP P*Shark


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  1. “Just over $600 a foot? They gotta be taking a pretty big hit with this one. Wonder why they hate it.”

    My guess based on the kids room, is that a 1 bed with a mezzanine gives parents no privacy.

    I wouldn’t want to live on the ground floor anywhere, but especially not in prime northside williamsburg.

  2. “This one is facing the funeral home. I don’t think you want to live in a building that faces dead people.”

    If that’s the case, avoid buying anywhere in Brooklyn Heights.

  3. “Just over $600 a foot? They gotta be taking a pretty big hit with this one. Wonder why they hate it.”

    On Streeteasy it looks like the original asking was 795k (can’t see what it closed for).

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