When many of today's buyers think of Williamsburg, they are most likely to picture industrial buildings transformed into over-the-top condominiums. However, this neighborhood is not without the historic brownstones that characterize the rest of the borough at the beginning of the 20th century. Proof of that can be found at 315-317 South 5th Street, a two-townhouse condo conversion on the opposite end of Brooklyn from The Twine on Park Place, another combination conversion that recently launched sales.
Just over a year since its $3.7 million offering plan was accepted, sales have launched on the apartments at 315 South 5th Street. The four units comprise three floor-through two-bedrooms and a one-bedroom duplex with a private backyard. Prices range from $799K to $1.1 million, putting it slightly below the Williamsburg median price of $1.5 million for similarly sized condos (per CityRealty listings).
Occupancy was estimated for summer 2020, but it remains to be seen how the COVID-19 pandemic and economic fallout will affect that timeline. What is clear is that its address in south Williamsburg is a prime one: It is across the street from Rodney Park North, around the corner from the Marcy Avenue J/Z/M trains, and surrounded by popular restaurants and bars. Close to home, amenities include a bike room, laundry room, and roof deck with Manhattan views.
Just over a year since its $3.7 million offering plan was accepted, sales have launched on the apartments at 315 South 5th Street. The four units comprise three floor-through two-bedrooms and a one-bedroom duplex with a private backyard. Prices range from $799K to $1.1 million, putting it slightly below the Williamsburg median price of $1.5 million for similarly sized condos (per CityRealty listings).
Occupancy was estimated for summer 2020, but it remains to be seen how the COVID-19 pandemic and economic fallout will affect that timeline. What is clear is that its address in south Williamsburg is a prime one: It is across the street from Rodney Park North, around the corner from the Marcy Avenue J/Z/M trains, and surrounded by popular restaurants and bars. Close to home, amenities include a bike room, laundry room, and roof deck with Manhattan views.
Triple exposures and oversized windows fill the homes with abundant natural light.
Interiors boast soaring ceilings, 4" white oak floors, and restored original brick feature walls.
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