Latest Williamsburg New-Construction Townhouses Debut at $3.995 Million
Developers are keeping the new construction townhouses coming in Brooklyn. The latest to hit the market is 4 Wythe Lane, one of six single-family townhouses under construction at South 4th Street and Wythe Avenue in Williamsburg. Two other houses in the complex, No. 5 and No. 6, already have contracts out, according to BuzzBuzzHome, which was the…
Developers are keeping the new construction townhouses coming in Brooklyn. The latest to hit the market is 4 Wythe Lane, one of six single-family townhouses under construction at South 4th Street and Wythe Avenue in Williamsburg. Two other houses in the complex, No. 5 and No. 6, already have contracts out, according to BuzzBuzzHome, which was the first to report on the listing. There are no listings up except for No. 4, although renderings and floor plans have gone up on the development’s website. Halstead is handling the sales.
Developed by KUB Capital on a former scrap metal site and designed by KUB Design and SZ Projects, the townhouses will have a modern look. The four-story house at No. 4 will have a total of 3,775 square feet with four bedrooms, three full baths and two half baths. It is 16 feet wide, and there is a 25-foot deep garden. It’s asking $3,995,000.
That’s a significantly bigger number than the last Williamsburg townhouses to hit the market. The 12 Williamsburg Social Townhouses on North 3rd between Berry and Bedford started at $2,380,000 when they debuted in 2013.
We doubt construction is very far along yet, since demo of the old G&C Salvage Corp. scrap metal facility at 55-59 South 4th Street was scheduled to start in August. The site abuts “Site E” of the Domino Sugar development, until recently a temporary public park, which will be the first under construction.
Click through for renderings. A floor plan can be viewed here. What do you think of the design and price?
4 Wythe Lane Listing [Halstead]
Wythe Lane Townhouses [Official]
The Townhouses of Wythe Lane Alight in Williamsburg [BBH]
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These are sweet! Actually reasonably priced on a ppsf basis. Only drawback is the lack of elevator.
These are WAY nicer than the shitboxes on N3rd.
Yes. Compared to the rest of the market. Condos getting 1300-1500/sf.
As for the overall state of the market,we agree,pricing is insane! It’ll prob get ugly
around late 2015/2016 IMO
this is williamsburg – not some 2nd tier brownstone brooklyn neighborhood, son.