214 N 11th St "Warehouse 11"

214 N 11th "Warehouse 11"

Large enough to take up two addresses (214 & 216 N 11th) and positioned only 4 blocks from the Bedford L train and 1 block from McCarren Park, Warehouse 11 is a 6 floor, 120 unit condominium that was built in 2008. The building offers a number of amenities that are uncommon for the area: a 24 hour doorman, a business room/billiards room, 4 common out-door spaces (including a 360 degree roof deck that spans the length of the building), a fitness room, a children's room, and a bicycle storage room.

The original buyers in this building purchased their units during a "fire-sale". This was a risky maneuver that saved the building from a financial cliff and also offered buyers at the time significantly lower prices. There haven't been a large amount of resales, but from the few that have happened, it's clear that they made a great return on their investment.