Some time ago a new resident at Williamsburg condo building 125 North 10th Street wrote us a heartfelt letter begging for other buyers to join the party. It worked! OK, maybe the "dramatic price cuts" that happened a little bit later had something to do with it. The building?actually two six-story buildings joined by an interior courtyard (above)?has just passed the 70% sold mark, a press release chirps, thanks to 37 sales since another wave of minor price cuts at the end of last year. Hey, a C grade is not too shabby!
Marketing for the building kicked off so long ago that it had a MySpace page touting its many amenities, including a 24-hour concierge, lounges, two roof decks and a 'Burg rarity?a children's playroom. Remaining apartments are priced from $595,000 for a one-bedroom up to $1.15 million for a lingering three-bedroom penthouse (another penthouse recently sold for just over $940K). The listings average in the $750-per-square-foot range, a bit higher than that off-the-waterfront sweetspot.
· Listings: 125 North 10th Street [CORE]
· 125 North 10th coverage [Curbed]