vermeil-02-2008.JPG
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]


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  1. Oh, I was thinking of the facade that faces 7th Avenue. I hadn’t seen the copper facade on the side-street yet. Isn’t the address for the Vermeil on 7th? So that would be the front?

    I saw a model unit over a year ago priced at $1.6 million. Its small kitchen was crammed into the corner of a not-huge living room. The bathrooms were too trendy with mosaic tiles and glass vessel bowl sinks, which were already dated over a year ago so they’d really seem so now. Not too practical for families, either. The 3rd bedroom didn’t have a closet and was really just a small office. All in all for $1.6 million it was depressing. It’s a great location being near the B/Q but I can completely understand why the bigger $2.1 million penthouse would sell but not the smaller units.

  2. 11:43. Not sure what you are talking about. That most DEFINITELY is a picture of the Vermeil. Corner of 7th and Sterling. I walk by it every single day.

    I think it looks very well done. The copper is great. There is also an attached brownstone facing 7th Avenue that is also a part of the Vermeil and is currently having its facade redone. It looks good.

    I was skeptical about this place as it’s taken so long to get off the ground, but the quality of construction really seems above average.

    I hope they sell some more units.

    The location can’t be beat.

  3. Love that copper.

    IMHO, prices are a baseline, and like everything can be negotiated.

    these developers were at least smart enough to realize that the peoples of Brooklyn want more 3br apartments and they also want the parking for their cars.

  4. Love that copper.

    IMHO, prices are a baseline, and like everything can be negotiated.

    these developers were at least smart enough to realize that the peoples of Brooklyn want more 3br apartments and they also want the parking for their cars.

  5. That’s not a photo of the Vermeil. Wrong picture.

    Honestly I think a big part of the technical problems on this website is the fact that every single advertiser here must have a moving ad. What’s with that?

    Moving ads are irritating and I will specifically and purposely NOT click on them!

    Hate those things.

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