Brooklyn | October 2021

According to New York City Records, the median price for an apartment in Brooklyn in the month of October was $704,687. The price represents a 2.874% increase from last year’s median price of $685,000. The number of sales increased from 505 to 514, representing a year-over-year increase of just under 2%. What exactly does $704,687 get you in Brooklyn? Let’s take a look. Apartment 8-U at 98 Front Street is a two-room ...

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This Week’s Price Chop – 57 Laight Street, Apt 4

The latest edition of Price Chop looks at a spectacular floor-through apartment in prime Tribeca. Apartment 4 at 57 Laight Street is a six room, full-floor loft residence with 2 bedrooms and 2 baths.  The current price for the Tribeca co-op is $2,850,000, an 18.6% drop from the original ask of $3,500,000. The property was introduced to the market in September 2021. 57 Laight Street is a turn-of-the century six-story loft building ...

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A Piece of History for Sale in Soho, 16 Greene Street, 4-S

It’s not every day that we get to write about a loft apartment in an actual flux house (aka Fluxhouse Cooperative). Rich in New York City history and full of architectural detail, these abandoned manufacturing spaces were converted to live-work studios for artists in the 1960’s and eventually played a pivotal role in revitalizing Soho. Apartment 4-S at 16 Greene Street is an exquisite floor-through loft and it’s cast as the ...

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Permits filed for new rental building – 585 Union Street, Gowanus, Brooklyn

Permits have been filed for a mixed-use building at 577 Union Street, Gowanus, Brooklyn between 3rd Avenue and Nevins Street.  According to early marketing materials, the building will use 585 Union Street as its formal address.  The nine-story building will contain 167,036 square feet which will include 158,137 square feet of residential space and 8,899 for commercial use.  The building will have a significant retail presence along Third Avenue and ...

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Brooklyn One Bedrooms Under $400k

Today’s installment of “Price Buster” zeros in on three fantastic one-bedroom apartments currently available in Brooklyn. All three properties are true one-bedrooms listed for less than $400,000. 61 Oliver Street, Apartment 5R 61 Oliver Street is a post-war brick building at the northwest corner of Marine Avenue and Oliver Street, just one block east of Shore Road Park in Fort Hamilton, Brooklyn. The current asking price for the one-bedroom co-op is $399,999.  Apartment ...

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