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Former Williamsburg Steel Factory Finally Debuts as Rentals

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The road to residential reality has been long and bumpy for Williamsburg's 1930s steel factory, but the apartments are finally here. Now known as the Lewis Steel Building, the converted warehouse at 76 North 4th Street offers 83 apartments, ranging from studios to three-bedrooms. Currently, 12 units are on the market. The cheapest studio is asking $2,862/month, while the most expensive three-bedroom is listed for $6,923/month. Developers Cayuga Capital Management and Jacob Toll worked with Hustvedt Cutler on the design, and the interiors feature a lot of industrial remnants: exposed wooden beams, brick walls, blackened steel accents, and original sliding factory doors.

It's been more than eight years since we first reported that this factory would be converted. The plan was for high-end condos designed by AvroKO, but like so many other developments, it was waylaid by the market crash and recession.

It sold in 2010 to the current development team, but apparently it wasn't a priority for Toll, so progress was slow. Construction finally got moving in mid-2012, and they started to tease the new rentals with renderings in April 2013. Last August, it seemed like the building was gearing up for a fall launch, but clearly that didn't happen until now.

The building has a slew of amenities, including a bocce court, a vegetable garden, a rooftop terrace, private cabanas, gas fireplaces, and a library. Several apartments also have private outdoor space.

· Listings: 76 North 4th Street [MNS via StreetEasy]
· Lewis Steel Building [official]
· All 76 North 4th Street coverage [Curbed]