Condo of the Day: Something to Gretsch About
We remember last year when some people started advocating cubic feet as a better metric than square feet when talking valuation. This makes some sense, given that a 1,000-square-foot apartment with 14-foot ceilings is, all else being equal, worth a heck of a lot more than the same apartment with 8-foot ceilings. Which is probably…
We remember last year when some people started advocating cubic feet as a better metric than square feet when talking valuation. This makes some sense, given that a 1,000-square-foot apartment with 14-foot ceilings is, all else being equal, worth a heck of a lot more than the same apartment with 8-foot ceilings. Which is probably the logic behind the pricing of today’s Condo of the Day, a 1,473-square-foot ground-floor loft with 26-foot ceilings one either the third and fourth or fifth and sixth floors. The price? A cool $1,250,000. We’d be curious to know what these units originally sold for, not that it really matters. What does matter is how much of the stated square footed is mezzanine space. It looks like about a third. In the end, the deal might hinge on whether you could convince the boys at Marlow & Sons to deliver oysters on a regular basis.
60 Broadway Condo [Prudential Douglas Elliman] GMAP
Please you really don’t know what you’re talking about.
Well, if the real estate brokers are selling… as they say, rats are the first one to jump the ship.
BTW, check out his listings. The apartment is listed as both for sale and for rent.
Suzy: I’ve been in the duplexes, and they are most definitely not just a mezzanine — its a full bedroom upstairs. The vanity in this unit is close to the tub, but isn’t nearly as squashed as it appears in the photo. Also, this isn’t even the nicest of the bathrooms. The double-vanity, marble version with the 6-foot long soaking tub is much nicer. I guess you opt for a smaller bathroom for the higher ceilings.
The ‘gangplank” isn’t where the bed is supposed to be. I’m not sure why its there. There is a full-size bedroom up there, and if anything the gangplank should be used as a home office.
Winston: According to the offering plan, the garage and housing behind the building is set back 40 feet and will be 5 floors high. At 8’ ceilings that would be about the height of the 3rd or 4th floor of the Gretstch. Because of the set back there shouldn’t be too much problem with light, and the view couldn’t be any worse than the empty lot that’s there now.
Mr. Minerva: LOL… I love the traveling flower pot. Reminds me of the Travelocity Gnome.
Also, the rep used to rep the building and bought inside, directly from the Sponsor at about $300+K. Check it out on ACRIS.
The duplexes are in the back of the building.
The problem is that when the garage eventually goes up, all of the light may be blocked, since nobody really knows what the garage is going to look like.
whoa. 1.2, hu? the vanity is squished right against the tub, the bed rests on a narrow gangplank … and when did 1 story units with a mezz become duplexes? yuk.
IMO the Gretsch Building is the nicest building in Williamsburg. I only wish I could afford it. These duplex units tend to be the cheapest in the building per square foot for some reason.
That’s DUMBo
It’s Bob & Bonnie!! Where is the Awkward Floral Staging??!!