clock menu more-arrow no yes

Filed under:

Closings Underway, Last Units Released at Dumbo's 205 Water

New, 6 comments

The last four units at 205 Water Street, Toll Brothers' 85 percent sold Dumbo project, are officially on the market. The developer also passed along some fresh photos of the project, collected in the gallery above, and closings are underway?high time for a development update-o-rama. StreetEasy shows six active listings, ranging in price from $1,049,990 to a recently-PriceUpped 3BR seeking $1,859,990. The average ask comes in at $905/square foot, compared to a recorded sale average of $834/square foot.
Fifteen closings have made their way to public records so far (there are another 34 units in contract, according to StreetEasy). For the ones that also had public listings, the final prices are all 1.8 percent above the asks, an indication of the payment of transfer taxes. Fun stuff! Here's the full slate of closing prices:

· Official website: 205 Water [205water.com]
· 205 Water Street [StreetEasy]
· 205 Water Street coverage [Curbed]