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The $2 million sales price that we reported last month for a 2,173-square-foot unit on the sixth floor of the Mill Building in Williamsburg clearly has first-round buyers of the sold-out development licking their chops. One such owner just put a pair of adjacent fifth-floor apartments that originally cost a combined $1,760,000 on the market for $2,102,000. Together, they offer 2,628 square feet of space, quite a bit more than the sixth floor pad. The catch? These babies are raw. Still, we could see it happening.
Units 501 and 502 For Sale [Manhattan Living]
Unit 502 For Sale [NY Times] GMAP


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  1. 2:08, it is insane because you are spending 2 million dollars to buy raw space in an ex-industrial neighborhood filled with toxins. Yea yea it is the center of the universe, blah blah I have heard it all before, You are still living in toxic sludge. RADIAC Hey remember them all you old time hipsters, There are still there on Kent ave. Wonder why? Glad I moved out in 94. Too bad I did not buy some of those crap houses for 150.000 back in the day. I would be retired. Oh well guess I will have to sell my brownstone for a 1.5 million profit. Yea this is the greatest city in the world. I FUCKING LOVE IT.

  2. 2:08 – I would guess because of space. In San. Fran and LA it is expensive but you do get more space; often the space is your own (not in an apartment) and you have a stable climate. I KNOW–with the fires bad time to mention climate. I have to say, I have given up on Brooklyn (and I grew up there) now that prices have risen. The fact that it is so isolated stops me from paying these prices. I’d rather be in less prime Manhattan than high priced Brooklyn.

  3. I would rather buy a similarly priced brownstone in Ft. Greene and rent out 2 units in it. At least I would have double the space, in an established community while making +3k per month.

  4. 2:23:
    “williamsburg is the neighborhood that houses the business creatives – the hip, the happening, the folks that shop at Barneys and not in a food coop.”

    The hip? The happening? You sir, are a douche!

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