47 bridge street dumbo rendering

Greystone’s condo project at 47 Bridge Street in Vinegar Hill will launch sales this week with a private wine cellar and tasting room and 700-square-foot one-bedrooms asking $895,000. The Daily News reported last week that the seven-story, 25-unit development, dubbed Waterbridge 47, will have three duplexes and two penthouses with wraparound terraces.

Prices will go as high as $2,400,000 for a 1,200-square-foot three-bedroom. Besides the private wine cellar made of salvaged brick, the building will feature a fitness center, inner courtyard, bike storage and parking. Tribeca-based AB Architetekten is designing the condos. Click through to see some renderings of the tasting room and a few new interior ones.

Pretty fancy kitchen. What do you think of the design and prices?

Update: PR reps for the developer tell us that sales officially launched today, but listings haven’t gone up yet.

Renderings by AB Architekten via StreetEasy and New York Daily News

47 bridge street tasting room 1

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47 bridge street tasting room 3

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  1. For $895k you can buy an entire house, with money left over for renovation, in Crown Heights. Every time I think these ridiculously high priced condos will mark the beginning of a bubble I am proven wrong.