The Real Deal New York

Nearly half of 388 Bridge Street’s condos have sold

Units at Brooklyn's tallest building hit the market 16 days ago

June 24, 2014 05:20PM

From left: 388 Bridge Street and interior

From left: 388 Bridge Street and interior

Just two weeks since sales launched at Brooklyn’s tallest towers, nearly half of the condominiums have sold.

Of the 104 condos at 388 Bridge Street, 44 are in contract, have offers out or have closed, Curbed reported. The remaining units at the downtown building range between $700,000 and $1.6 million.

Developer the Stahl Organization has also put the building’s 40 penthouse residences on the market. The units, which occupy floors 45 through 53, are asking $1 million to $6 million, according to Stahl.

Last month, Stahl announced that half of the building’s 234 rental units had been leased five months after hitting the market. [Curbed]Tom DiChristopher 

2 Responses to “Nearly half of 388 Bridge Street’s condos have sold”

  1. June 25, 2014 at 11:05 am, iceberg said:

    The real question is, how many of those buyers are actual end-users as opposed to speculators looking for a quick-flip

  2. June 25, 2014 at 4:25 pm, House seeker said:

    land lease? virtually no banks will lend for it? 80/20 building where sponsor will always retain majority ownership of the building. heheh ok

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