Industrial-Chic Apartment in one of Brooklyn’s Trendiest Neighborhoods Sells for $5.33 Million



A loft-style apartment in a historic waterfront building in Brooklyn’s Williamsburg neighborhood has sold for $5.33 million, setting a unit price record for the area.

Located in The Mill, a century-old industrial building that was converted into a condo in 2008, the apartment spans nearly 2,200 square feet. The unit sale price, averaging $2,490 per square foot, was the highest for the tony Williamsburg, according to listing agent Wesley Stanton of Douglas Elliman.

“It’s in a great location and the unit has large scale rooms, high ceilings, wooden beams and columns, exposed brick and 100-plus-year-old floors,” Mr. Stanton said. “It’s just a one-of-a-kind property that appeals to people looking for the aesthetic of an authentic loft.”

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Mr. Stanton, along with his colleagues, Catherine Slotnick and Alejandra Cata Posas of Douglas Elliman, listed the apartment for $5.995 million in mid-October with a contract signed. The sale closed Wednesday afternoon for $5.33 million.

The transaction has yet to appear in public property records.

The private seller assembled the apartment and roof terrace through separate deals and gut renovated it with assistance of architect Thomas Jensen, combining old-world authentic detail with modern design and convenience, Mr. Stanton said. 

The home has two bedrooms, two and a half bathrooms, a loft-style entertaining space, a home office and an open kitchen. There is a 1,600-square-foot private, landscaped roof deck with an outdoor kitchen, a sun lounge and a hot tub, according to the listing.

The apartment is equipped with smart home technology, including a five-zone Sonos stereo system with in-ceiling speakers, central HVA and a Lutron lighting system. It also has views of the Williamsburg Bridge, the East River and the Manhattan skyline, the listing said.

Building amenities include a full-time doorman, a common roof terrace, on-site garage, storage, and a bike room, with the ground floor housing retail stores, yoga and salon studios.

Brooklyn’s luxury residential market has been performing strongly for the past two years, with the average sales price increasing 9.7% year over year in the third quarter to a record of $3.46 million, according to a Douglas Elliman report in October.




Read More:Industrial-Chic Apartment in one of Brooklyn’s Trendiest Neighborhoods Sells for $5.33 Million

2022-11-10 21:48:00

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