Condos of the Day: 255 1st Street
Corcoran just launched the sales campaign for 255 1st Street, the 32-unit condo that once upon a time was called The Gowanus (despite being located between 4th and 5th avenues). Thus far, only five listings have popped up, ranging from a $800,000 one-bedroom to a $1,100,000 three-bedroom. The pre-opening sale was held on Saturday. Anyone…
Corcoran just launched the sales campaign for 255 1st Street, the 32-unit condo that once upon a time was called The Gowanus (despite being located between 4th and 5th avenues). Thus far, only five listings have popped up, ranging from a $800,000 one-bedroom to a $1,100,000 three-bedroom. The pre-opening sale was held on Saturday. Anyone go?
255 1st Street Listings [StreetEasy] GMAP
Does the 3br have ANY windows – other than the balcony?
Mmmmmm-mmmm, they still have that new rental smell.
How much can a 1100 sf $1M apt. appreciate in value? My guess is very little, if at all.
What’s going on with the development that is just a bit further up the block towards 5th avenue on First Street. It’s been dormant for a couple of years now I believe.
@ 1:27pm “4th ave will never be the new 5th.”
That’s right. Isn’t 4th meant to be the new Park Ave? lol
This is too funny. I’m sure these apts will sell, as did all the other junk on or near 4th ave, but I’ll never understand it. 4th Ave will never be nice. Come check out my $1,000,000 condo next to a nasty McDonald’s with view of a cab stand and Staples. Oh and I can hangout on my balcony and look at all that traffic on 4th ave which is only going to get worse. 4th ave will never be the new 5th.
Only an idiot would buy an 1100 sf place for $1M. That being said, there are plenty of idiots.
These look like really bland apartments and they are coming to the market at a bad time. The only people the folks at Corcoran are kidding is themselves; this is just unrealistic pricing.
I don’t go to that part of town.