160 Imlay Conversion Brings Expensive Condos to Red Hook

Here now, from the developers who "discovered" Red Hook, the first listings for the gentrifying neighborhood's new, expensive condos. Est4te Four is currently converting a century-old warehouse at 160 Imlay Street into 70 condos, for which prices currently start at $1,284,075 for a 1,317-square-foot one-bedroom. The most expensive apartment on the market—not only in the building, but also in the whole neighborhood—is a 3BR/3.5BA asking $2,858,000. All of the homes are spacious (the aforementioned 1BR is currently the smallest unit), and several have private outdoor space. According to StreetEasy, the most expensive condo ever sold in the neighborhood is a 1,020-square-foot two-bedroom that went for $875,000 last year, so, uh, these are just a tad more expensive.

UPDATE 2:25 p.m.: Almost immediately after this post published, the units were delisted on StreetEasy and the listings disappeared from Elliman's website.

AA Studio, formerly known as Adjmi & Andreoli, designed the conversion, giving the new apartments white kitchens with matte lacquer cabinetry, caesarstone countertops, and Miele appliances, and bathrooms with stone floors, quartz countertops, and Duravit toilets, bidets, and bathtubs. Units have 12 to 16-foot ceilings, and a bunch of "industrial chic" features like floor-to-ceiling steel-framed windows, exposed concrete ceilings, and sliding doors between the living and sleeping areas to allow for a more loft-like space. The building will have a fitness center with a sauna, a rooftop deck, backyard, and 24-hour doorman.

The waterfront neighborhood, which is pretty much cut off from the rest of Brooklyn by the Brooklyn-Queens Expressway, does not have a lot of inventory—StreetEasy shows just 17 listings (UPDATE: now 12, since these five units have been delisted)—but even with the small pool, it's clear that the condos at 160 Imlay are priced much higher than just about everything in the area. Aside from 160 Imlay, the most expensive listing in the neighborhood is a multi-family townhouse asking $2.45 million. The most expensive house ever sold in the neighborhood was a multi-unit townhouse that went for $1.9 million. It will be interesting to see if there is demand for dozens of new million dollar condos.

· Listings: 160 Imlay Street [Elliman via StreetEasy]
· All 160 Imlay Street coverage [Curbed]
· 160 Imlay Street [official]