Brooklyn’s 10 Best-Selling Condo and Co-Op Buildings In 2015
While only Brooklyn's tallest residential building, 388 Bridge St, made the list of NYC's best-selling buildings for 2015, the borough held its own locally, with six buildings selling units averaging $1M or more. From luxury high-rises to more standard fare, here are the top 10 sales in the borough’s condo and co-op market last year, compiled with data from PropertyShark.
10. The Bergen House
Developer: Brookland Capital
Address: 954-956 Bergen St
Neighborhood: Crown Heights
Units Sold: 31
Sale Price: $491,000
This collection of 36 condos offers a selection of studio, one- and two-bedroom homes and a common roof deck with Manhattan skyline and Brooklyn streetscape views. Residents enjoy bicycle storage and private parking, while the building is a short distance from Prospect Park, dining, shopping and nightlife on Franklin Avenue.
9. Two Northside Piers
Developers: Toll Brothers, L&M Development Partners and RD Management
Address: 146 Kent Ave
Neighborhood: Williamsburg
Units Sold: 15
Sale Price: $1,100,000
Named after the original railway terminal that was once active on the site, Northside Piers is a tower and townhouse community on the bank of the East River and includes a 400-foot pier and waterfront esplanade that has been built alongside a recreation pavilion.
8. Clinton Hill Cooperatives I
Developer (Conversion): Time Equities
Address: 201 Clinton Ave
Neighborhood: Clinton Hill
Units Sold: 35
Sale Price: $527,000
This property is part of a 12-building, 1,200-unit pet-friendly community in a park-like setting with 24-hour security, live-in staff and laundry rooms. Located in historic Clinton Hill, it’s close to the Myrtle Avenue retail corridor, DeKalb Avenue’s eateries, The Brooklyn Academy of Music and Fort Greene Park.
7. Concord Village III
Developer: Paul Tishman Inc
Address: 175 Adams St
Neighborhood: Downtown Brooklyn
Units Sold: 35
Sale Price: $549,500
Concord Village converted from rental units to private co-op ownership more than three decades ago. This building is part of a seven-acre complex comprising 1,023 units in seven 17-story buildings, and it’s parallel to the Brooklyn Bridge entrance. It's within walking distance to Cadman Plaza Park, Columbus Park and McLaughlin Park.
6. One Hanson Place
Developers (Conversion): Canyon-Johnson Urban Funds and The Dermot Co
Address: 1 Hanson Place
Neighborhood: Fort Greene
Units Sold: 18
Sale Price: $1,107,000
In 2007 and 2008, the historic Williamsburgh Savings Bank Tower was converted into 178 luxury condos under the name One Hanson Place. At 37 stories and 512 feet tall, it’s among the tallest four-sided clock towers in the world, and it’s next to the Brooklyn Academy of Music and across the street from Pacific Park.
5. The Edge South &
4. The Edge North
Developer: Douglaston Development
Address: 22 N 6 St (South); 34 N 7 St (North)
Neighborhood: Williamsburg
Units Sold: 17 (South); 20 (North)
Sale Price: $1,450,000 (South); $1,337,500 (North)
The Edge consists of over 1.1M SF, including 565 condos in two towers, 347 affordable units in two mid-rise buildings (which will be kept affordable in perpetuity and not phase out over 30 years), over 60k SF of retail, two public piers, an esplanade and a water taxi pier.
3. One Brooklyn Bridge Park
Developer (Conversion): RAL Cos
Address: 360 Furman St
Neighborhood: Brooklyn Heights
Units Sold: 27
Sale Price: $1,300,000
Clocking in at over 1M SF, One Brooklyn Bridge Park—a former Jehovah’s Witness printing plant—has 438 condo units and parking for over 650 cars. The building is one of the largest residential conversion projects in the borough’s history.
2. Oceana Condominium & Club
Developer: Muss Development
Address: 75 Oceana Dr East
Neighborhood: Brighton Beach
Units Sold: 44
Sale Price: $799,000
The Oceana Condominium & Club, which sits on the former home of the Brighton Beach Baths, offers 865 units of resort-style living. The project was built as a network of “neighborhood-scaled” streets on a 15-acre site bounded by the boardwalk and the Atlantic Ocean.
1. 388 Bridge
Developer: The Stahl Organization
Address: 388 Bridge St
Neighborhood: Downtown Brooklyn
Units Sold: 88
Sale Price: $1,326,000
388 Bridge, completed three years ago, is Brooklyn’s tallest residential tower at 53 stories and offers 234 rental units and 144 condominiums. Originally designed as an all-condo tower, the recession halted the tower’s construction from 2008 to 2012.
