66 North 1st Relaunches
Despite having some nice raw material to work with, the conversion of 66 North 1st Street crashed and burned last year, a victim of the bursting real estate bubble. Now, though, the 21-unit project has been reborn. The mix of studios, one-bedroom and two-bedrooms that hit the market last week range in price from $415,000…
Despite having some nice raw material to work with, the conversion of 66 North 1st Street crashed and burned last year, a victim of the bursting real estate bubble. Now, though, the 21-unit project has been reborn. The mix of studios, one-bedroom and two-bedrooms that hit the market last week range in price from $415,000 to $715,000. The new prices are lower than they were just before the previous owner went under, but not that much lower. It looks like most of the apartments are priced in the high $600s per square foot. We’ll see if that’s low enough to get some deals done. Update: Say what? Curbed notes that the new listings were just yanked.
66 North 1st Street Listings [StreetEasy] GMAP
Checking In On The Factory Lofts [Brownstoner]
Development Watch: Sky’s the Limit on North 1st [Brownstoner]
zthacher: Property Shark
Odd that none of the links work on the real estate website that links from Streeteasy.
Also, I’m a novice on Streeteasy. What’s the best way to find comps for a particular neighborhood?
Price/sf is higher than what Mason Fisk ended up getting, no? And in a less desirable location?
As new properties in Williamsburg go, this one is actually one of the nicer buildings that I have seen. Like the high ceilings, bathrooms look nice and I like the exterior as well. Still high-$600s/sf seems rich.