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Brooklyn's Newest Condo Project Now Opened, Reporting Brisk Winter Sales

Residential News » Residential Real Estate Edition | By Michael Gerrity | February 9, 2010 3:27 PM ET



(BROOKLYN, NY) -- Steiner NYC, developer of Williamsburg's new 80 Metropolitan midrise condo tower, is now open and having their first residents moving in this week.

80 Metropolitan is situated in the heart of Williamsburg, home to the creative class as well as fashionable boutiques and cutting-edge restaurants, bars and clubs. The building is within blocks of the new East River State Park and the L train, with Union Square a five minute ride away.

The 80 Metropolitan has also just been FHA approved, meaning that borrowers can now get mortgage loans with low down payments - as little as 3.5% - and easier credit qualification.

As new residents have begun settling in, more closings are underway. Currently over 50% of the newly finished homes sold. Steiner NYC reports that 11 units were sold over the last 60 days.

Prices for studios start at $419,000, one-bedrooms from $485,000, and two- bedrooms from $689,000.

"We're proud of what we've accomplished at 80 Metropolitan. It's well-designed, well-built, and respects the texture of the neighborhood," said Douglas C. Steiner, Chairman of Steiner NYC. "Buyers recognize that 80 Metropolitan is a great investment and wonderful place to live. It's a full service building, with tons of amenities, expert soundproofing, great finishes and layouts, and amazing skyline views. We're ready for immediate occupancy."

Designed to capture the industrial, artistic vibe of Williamsburg, 80 Metropolitan includes 114 lofts featuring 10-foot ceilings, oversized windows, lapacho wood flooring, and sweeping vistas of Manhattan, the East River and the Williamsburg Bridge. 80 Metropolitan also features nine true townhouses, all with private, grassy backyards, wood decks, second floor terraces, and direct access to parking spaces at the basement level.

A two-bedroom, two-bathroom model home is now open on the building's fourth floor. The gourmet kitchen features CaesarStone countertops, a marble backsplash, lacquer and glass cabinetry with wenge details, and state-of-the-art appliances by Miele, Bosch, and Liebherr. A luxurious master bath touts Pietra Piasentina tile, a custom wenge vanity, sleek frameless glass shower enclosure with marble bench, Grohe fixtures, rainwater showerhead and Zuma soaking tub.

The amenity package includes an indoor, windowed swimming pool and fully-equipped fitness center with yoga studio, as well as a Zen garden, common rooftop terrace, lounge/media room with kitchenette, and 24-hour on-site concierge. The building also offers 29 private rooftop cabanas affording sweeping city and bridge views, enclosed private parking spaces and resident-only storage units.




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