clock menu more-arrow no yes mobile

Filed under:

With Sales at Asking Prices, DoBro's Toren ... PriceChops?

New, 23 comments

So far, units at Brooklyn hot topic Toren have been closing at or slightly above full asking price, with the exception of a 15-percent-off 1BR and, more recently, a 1BR sold at 4.9 percent off. The building's average recorded sales price so far is $723/square foot. Not a bad performance for the SOM-designed Downtown Brooklyn tower. Which means it's time for...the PriceChopper? Apparently, as the building's StreetEasy page reveals choppage on a handful of the apartments still on the market. Maybe the six units recently visited by the Chopper are just the least desirable of the bunch, because their prices are now 6 to 22 percent less than they were yesterday. The biggest cuts came on apartments #601 and #604, which are now asking $895,000 and $480,000, respectively. Want to check the choppage on the rest?
1) #601: A 2BR, 2.5BA last asking $1.15 million, now asking $895,000, a 22 percent cut.
2) #1903: A 2BR, 2BA last asking $872,000, now 15 percent less, or $743,000.
3) #1101: A 2BR, 2BA, was chopped only 6 percent, from $775,000 to $725,000.
4) #703: A 2BR, 2BA originally asking $850,000, now $699,000, an 18 percent cut.
5) #604: A 1BR, 1BA originally asking $618,000, now asking $480,000, 22 percent less.
6) #1005: A 1BR, 1BA last asking $522,000, now asking 12 percent less, or $458,000.

· Toren at 150 Myrtle Avenue [StreetEasy]
· Toren coverage [Curbed]


150 Myrtle Avenue, Brooklyn, NY 11201