First Closing at the Vermeil
It finally happened. Someone actually bought a unit at the Vermeil! According to city records, someone paid $2,010,000 for unit 2C and two parking spaces at the pricey Park Slope condo. There were price cuts at the building in June, and its official website still lists 15 units on the market, with prices going from…
It finally happened. Someone actually bought a unit at the Vermeil! According to city records, someone paid $2,010,000 for unit 2C and two parking spaces at the pricey Park Slope condo. There were price cuts at the building in June, and its official website still lists 15 units on the market, with prices going from $899,000 for a 2-bed, 2-bath to $2.1 million for a penthouse. The site also shows that four other units are in contract and there’s an accepted offer on a fifth. Ya gotta wonder whether with all that inventory left there’s gonna be round price cuts before all’s said and done. Still, one’s a start!
Condo of the Day: Price Cut at The Vermeil [Brownstoner]
Update on the Vermeil [Brownstoner] GMAP
The Vermeil [Official Site]
this is going to crash & burn? – Ouch
as for 12:23 PM
– the eternally optomistic reader who always chimes in – no matter how overpriced, under-renovated or poorly located the property is -this person always has something nice to say!
12:32:
I think they are great, but still a little too expensive.
This was built on the vacant lot where the passenger jet crashed and killed a bunch of people in the sixties -right?
If that is the lot then it is in the historic district. that may help explain why it fits in nicely. The building has a nice location, nice design, parking(a wonderful amenity), what’s not to like?
In this market, you could make an offer and see what happens. I’m sure they don’t want to hold onto these much longer. They’ve been under construction for what seems like years.
12:23 so how do you explain them not selling in 2 yrs?
Still a wee bit pricey, no?
$2.1m for 1758sf?
In my opinion, this is the absolute best area of Park Slope.
A 2 minute walk to either the 2/3 and Q trains, a 3 minute walk to the Greenmarket and Prospect Park and a 5 minute walk to all the good shops and restaurants on 5th.
I’m sure they are mostly marketing these to transplanted Manhattanites because of the great access to transportation to downtown and midtown.
One of the few high-quality, nicely designed buildings around.
I love what they’d done with it.
It has a nice interaction with the street. Very welcoming. The new entrance doors on the Sterling side are beautiful.
I think these may take a little while to sell, but they’ll do it. They’ve already lowered prices a bit from last year when they were shoddily being represented by BHS.
I find it strange that the editorial entries and comments on Brownstoner almost seem to relish the idea that these new developments may not be selling – yet for the life of me I can not understand why anyone that claims to love Brooklyn would root for investment in Brooklyn to fail?
Especially when the investment, in case like this – is a “in-context” and architecturally interesting yet tasteful design.