Condos of the Day: Goings-On at the Gretsch
Although it was only three years ago, the Gretsch was still one one of the earlier condo developments in Williamsburg to hit the market. The 132-unit conversion is also one of the nicer ones, in our opinion. (But, then again, we tend to like our new condos inside an old shell.) After Apartment 3B caught…
Although it was only three years ago, the Gretsch was still one one of the earlier condo developments in Williamsburg to hit the market. The 132-unit conversion is also one of the nicer ones, in our opinion. (But, then again, we tend to like our new condos inside an old shell.) After Apartment 3B caught our eye in The Times this weekend, we decided to check in on listings in the building in general. Turns out there are currently six apartments on the market, ranging in price from $515,000 to $1,350,000. 3B is a pretty gasp-worthy bachelor(ette) pad, but, despite its 1,480 square feet, would work too well for a family set-up. (Which raises another question: Are there many kids living in the Gretsch? We would imagine not.) The best deal, from where we sit, looks like Apartment 5B, which looks like the same layout as 3B but for a considerably lower price tag of $935,000.
60 Broadway Listings [StreetEasy] GMAP
What’s the address of the lot behind Gretsch? Any ideas on when that building will be going up?
I think the gretsch is a good building with some really hideous giant kitchens in the actual apartments (which work OK for the huge units but are a waste of space for studios and 1BRs). I was interested in an south facing apartment but then I was concerned that they would build something in the back lot and kill my view 100%. Considering that in streeteasy the there is a “sold lot” for 2.6m, I just think that something will come up over there and that’s way most of the buildings on sale are on the back from the 5th floor down.
Yes, not having parking is a bummer. I park my car at Schaeffer and only use it during the weekend, so not much of a hassle. We’ve been told that when the building goes up in the back lot, it will have parking (and yes, it will block some of the South-facing buildings). Would have to say that other than the parking issue, the Gretsch is one of the nicest buildings in Wburg. Solid feeling (never have heard a neighbor) with great finishes. Some of the asking prices are crazy (especially for the 1BR duplexes) but I guess it’s just based on what the market is for the building. Probably not so bad when compared to the Edge asking price of $1,000 sq ft (but, not sure if they are selling at that price). And yes, there does seem to be a lot of kids/newborns lately…
My only problem with the building is that they still have not delivered the promised parking.
I was going to buy one of the penthouses, but had to back out over the parking. I know that most NYers do not have cars, but I do and I would think that other people that can afford to live in the Gretsch would too.
There is no other indoor parking in the area except for at Schaeffer Landing. And that was not there at the time the Gretsch was ready to be occupied.
The lot in back is still empty. If they ever get around to buidling the parking structure some of the units in the back are going to losing their light and will be facing a wall.
Does Anthony Hopkins actually own a unit there, or is that hearsay?
I heard there was a building going up directly behind the Gretsch that would create a sort of tenement-courtyard vibe for the south facing condos.
Just a bunch of delusional greedy *unts.
these prices are still ridiculously expensive, especially in this market. 3B sold in december 2005 for $880,000 and now less than 3 years later is asking $1,295,000. that’s an appreciation of close to 47% from 2005 to 2008 or approximately 16% per year.
if that isn’t a sign of unrealistic seller expectations (a $415,000 profit in less than 3 years), i don’t know what is!!
Well, in answer to Heather and 3:42, perhaps people were getting sick of large (and, perhaps, loud) entourages hogging the elevator and all decided to move out.
Pure conjecture, of course.