House of the Day: 259 Banker Street

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    Wow. This gigantic artist live-work space at 259 Banker Street in Greenpoint is mind blowing. Checking out the views of Manhattan, the blue tiled bathroom, the built-ins and the indoor/outdoor patio with reclaimed wood siding and retractable roof!

    Still, considering the dozens of $10,000,000-and-up properties in Brooklyn that have failed to sell in the last two years, including David Salle’s huge complex in Fort Greene, we aren’t optimistic about the ask of $11,000,000 — unless maybe a developer wants to purchase it? But it’s already 8,962 square feet over FAR, according to PropertyShark.

    (P.S. The seller is artist Matthew Day Jackson, who bought it in 2010 for $2,000,000, according to Brooklyn Paper. It’s next door to the notorious Sweater Factory lofts, and used to have the same owner.)

    What’s your take?

    259 Banker Street [Elliman] GMAP

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