Before Brooklyn’s Williamsburg neighborhood became a lure for affluent twenty and thirty-somethings, it was home to starving artists and musicians due to its relative affordability. However, after the area was rezoned along with Greenpoint, the price of land skyrocketed — and soon, so did the rents.
Since Williamsburg was rezoned in 2005, it has seen unprecedented gentrification as vacant waterfront properties have been transformed into luxury condos and real estate prices have soared — pricing out many of its long-time artist residents.
New Yorkers that flocked to Williamsburg were greeted by a neighborhood that offered luxury at a lower price than across the river in Manhattan, and an easy commute into Manhattan via the L-train, whose impending shutdown for 18-months of tunnel repair is now sending home prices spiraling downwards.
And while Williamsburg often gets a bad rap for being hipster-mecca, it’s actually quite diverse. Population growth has boomed so much so that the Post Office was forced to rezone a new zip code in the area to accommodate the increased number of residents and businesses.
The building boom in Williamsburg continues to this day, with more new developments popping up in the neighborhood every year.
Here’s a brief round-up of what’s available in the Williamsburg new condo market for under $2 million:
1. Casetta Williamsburg
Developed by Mackie Developments LLC, Casetta Williamsburg houses 12 units, ranging in size from 570 square feet to 1,390 square feet. Casetta Williamsburg is a new boutique condo development designed by the award-winning architecture firm ODA New York.
Its thoughtfully-designed facade is an artful interpretation of the modern Brooklyn townhouse. Residents will find a pleasing combination of light and air, inviting layouts, and designer details packaged into an intimate setting.
Residences feature floor-to-ceiling windows, custom kitchen cabinetry and integrated appliances from Liebherr, Smeg and Summit.
Amenities include: a virtual concierge, private storage, bike room and a common rooftop deck.
Pricing for available units starts at $780,000.
2. 220 Withers Street
220 Withers Street was developed by BK Developers. It has six units, ranging in size from 918 square feet to 1,353 square feet. The stately reclaimed brick exterior with oversized factory-inspired windows pays homage to the neighborhood’s industrial past, while giving a taste of the stylish sophistication within.
Kitchens feature custom Italian cabinets made by Miton, caesarstone counters and a Viking appliance package. Bathrooms feature radiant heated floors, deep soaking tubs, and floor-to-ceiling tile work for a truly spa-like experience. Each unit has been equipped with modern amenities and conveniences, including wireless Sonos sound systems, WiFi-enabled thermostats and video intercom systems. And, each home has its own private terrace or cabana, most with panoramic Manhattan views, and all with custom outdoor kitchens.
Pricing for available units starts at $795,000.
3. 338 Berry Street
A former noodle factory, 238 Berry Street features thick concrete floors and striking columns. Every loft has ceiling heights over 12-feet tall, exposed beams and massive windows that capture the essence of Williamsburg’s manufacturing heyday.
Residences also include built-in custom Italian wardrobes.
Amenities include: a doorman, resident garden, rooftop terrace and a fitness center.
Pricing for available units starts at $1.6 million.
4. Sixth & Meyer
Sixth & Meyer was developed by Avo Construction and is located at 286 North 6th Street. It houses a total of 13 units, ranging in size from 1,776 square feet to 3,126 square feet with one- to four-bedroom floorplans available.
Units boast ceiling heights of 10- to 13-feet, eight-inch white oak flooring throughout and expansive windows. Ample storage space is available for residents. Some residences include private outdoor space.
Amenities include: outdoor space.
Pricing for available units starts at $2.4 million.
5. 868 Lorimer
Developed by Chatham Development Company, 868 Lorimer has a total of 14 units that range in size from 1,238 square feet to 1,800 square feet. Its modern, shimmering facade showcases the thoughtful and exquisite design touches that went into 868 Lorimer.
Residences feature five-inch white oak plank floors, independently-zoned HVAC systems, and state-of-the-art energy recovery ventilation units. Kitchens come equipped with custom Italian cabinetry, while every bedroom has its own full bathroom. Private outdoor spaces are outfitted with lighting, gas and water hookups.
Amenities include: a courtyard, communal workspace, a children’s playroom and bike storage.
Pricing for available units starts at $2.7 million.