Tuesday, January 29, 2013

125 North 10th Street


125 North 10th Street is a 6 story, 86 unit condominium that was designed by Savanna Partners and Ryder Construction and opened in 2008. The building features a 24 hour doorman, garage with spaces for sale, a garden, spa services, a fitness room, laundry room, playroom, rooftop deck, media room, and private storage in the basement for purchase. The building has an entrance on both North 10th and North 11th Streets, as this is a pretty sizable condo building. The apartments feature Icestone counter tops (made out of recycled glass) and custom cabinetry in the kitchens, Ipe flooring, and six foot soaking tubs.

In the later half of 2012, the average square footage of sales in this building have increased from as low as $786 PSF to as high as $1151 PSF. This demonstrates a steady and steep increase for property in the building and surrounding buildings due to a lack of inventory coupled with a over-saturated buyers market. The location of this building is away from the chaos of Bedford Ave while still being very much so in the action of Northside Williamsburg.











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