Market Slump? Not At The Mill Building
If the Brooklyn market is heading into a slump, one buyer at Williamsburg’s Mill Building didn’t get the memo. Earlier this month, someone stepped up to the plate to pay a cool $2 million for a 2,173-square-foot unit on the sixth floor of the building at 85 North 3rd Street. (The apartment does have a…
If the Brooklyn market is heading into a slump, one buyer at Williamsburg’s Mill Building didn’t get the memo. Earlier this month, someone stepped up to the plate to pay a cool $2 million for a 2,173-square-foot unit on the sixth floor of the building at 85 North 3rd Street. (The apartment does have a terrace too.) The sponsor had held this unit as well as a smaller one next to it (#606) until a couple of weeks ago. Both were snapped up at asking price in a matter of days. This happens to be one of our favorite condo buildings in Williamsburg, so we’re sure it’s a sweet pad, but $920 a foot? Yowza. How’s that common roof deck coming along, anyway?
85 North Third Street, Unit 605 [Corcoran] GMAP
Mill Building Closings Have Begun. Really. [Brownstoner]
Mill Building Gets TCO; Closings in 30 Days [Brownstoner]
Condo of the Day: The Mill Building [Brownstoner]
Why won’t people stop saying “billyburg”? Especially people who live there…
I bought in the Mill Building last year. Had been looking all over Manhattan, Brooklyn (was in BHeights), The Slope, CG, etc. But this checked all of my boxes: high ceilings, old renovated features like beams and old factory floors, high quality built ins and appliances (okay, i’m a sucker for stainless steel kitchen porn), high ceilings, in-building garage, a bit out of high hipster trafficdom without being too isolated as South Williamsburg can be.
I bit. I bought. And I can’t wait til my closing this month.
And in the past few months, I’ve sublet here. I like the vibe. The people watching is amusing and pretty diverse. At least it takes a little more effort to get over here than the LES and EVillage, which have become beyond Disneyland at night.
Tell me, does Tribeca have more trees than Billyburg?
Yes, Williamsburg is beautiful, tree-filled and toxin-free. The housing stock is sturdy and beautiful, and the subway service is the best in the city.
YES, only YOUNG people can be creative. No one over 30 has ever created anything.
that maybe is the single dumbest thing ever said here.
4th ave is one of the worst traffic corridors in Brooklyn. Williamsburg may have the BQE, but at least it’s mostly elevated. And DUMBO has the BQE too. 4th ave is just a shadeless wasteland of parking lots, rush-hour gridlock, and trucking exhaust a stone’s throw from the brownfields on 2nd and 3rd. And it’s about three times as wide as any street in north Brooklyn. I think it’s a joke that you could think a condo on that would be preferable.
they are working on the whole foods site as we speak.
walked by it last week.
“and they are mostly in process of being cleaned up.”
Are they? I was under the impression that things are at a bit of a stand-still in Gowanus. Developers can’t get plots re-zoned for residential in order to do the cleanup in order to build the condos. Even Whole Foods look dead in the (scary bright green) water for at least another year or so.
there are no toxic issues with 4th avenue.
it’s all farther west….3rd ave, 2nd…
they are not even close to the problems in greenpoint.
and they are mostly in process of being cleaned up.
i don’t believe there is such a plan for greenpoint at the moment. could be wrong.
Like I said before, the toxicity’s the thing. How toxic is it? That’s the question of the day…
Personally, I don’t see how 4ave or Gowanus can be any better — they seem worse.