Condo of the Day: Price Cut at the Oro
The price of one lower-floor two-bedroom at the Oro was just reduced from $640,000 to $599,000. The 933-square-foot pad, which, according to our calculations, must be one of the lower units with the big, curved corner windows, has two equally large (or, some might say, small) bedrooms and only one bathroom to share. That said,…

The price of one lower-floor two-bedroom at the Oro was just reduced from $640,000 to $599,000. The 933-square-foot pad, which, according to our calculations, must be one of the lower units with the big, curved corner windows, has two equally large (or, some might say, small) bedrooms and only one bathroom to share. That said, that living room is pretty cool and the building has amenities out the wazoo. As far as we can tell, the building is about 1/3 sold (96 out of 300-odd apartments are listed as being in contract on the Douglas Elliman site.) Then again, for the same money, a buyer could also pick up this two-bedroom at BellTel. Which do you think is a better deal?
306 Gold Street [Douglas Elliman] GMAP
2:19 – Kids don’t need closets?
You’re joking, right?
The buildings look good but I think it would be better to be by 75 Smith and 53 Boerum just becasue of the proximity to Cobble and Boerum Hill…
But obviously both areas have pros and cons…
Either way Brooklyn has alot of potential…
2:14 – well, if it’s a kids room, probably not needed. lots of options then.
No actual bedrooms in the Belltel unit. Too much for a studio in an uninteresting location.
There’s no closet in the second bedroom in the Oro. How dumb was the “architect”?
12:56 – Oro’s “location” had better improve a lot in coming years, because right now you got handy access to the BQE, proximity to the fire station, and a short walk to a pretty grim stretch of Myrtle avenue. Ugh.
This Oro unit provides a good counterpoint to the 175 Eastern Pkwy co-op [this one – http://bstoner.wpengine.com/brownstoner/archives/2008/04/coop_of_the_day_112.php%5D that was listed for 595K a couple of weeks ago. Seems to me the Eastern Pkwy listing looks way over priced in comparison. Not just because Oro is new, and is a full service building, but b/c the Eastern Pkwy unit was so unexceptional in its finishes – an area in which a really exceptional pre war unit might have outshone the Oro. As for neighborhoods, though Prospect Hts is far more developed, Washington is not that much nicer than Myrtle in my opinion.
This place is TINY!
I like PDE’s feeble attempt at the Euro play:
“Come and see why such an international group of people have already bought at Bell Tel.”
Those Euros are staying in Manhattan, folks