Values Rise at Circa 1915 Soap Factory Turned Condo in DUMBO
NEW YORK, NY – June 16, 2011 – (RealEstateRama) — Halstead Property Development Marketing today announced that 30 percent of the units at Kirkman Lofts, a new residential condominium in DUMBO, Brooklyn, are currently under contract after just six weeks of sales.
As a result of rapid sales during the first two weeks on the market, the developers of Kirkman Lofts elevated prices on some units by an average of 8%. Since launching officially on April 28, contracts have been signed on 14 of the 45 units.
“We are very pleased with the pace of sales so far, and as all deals have been at asking prices without concessions, we know that buyers are recognizing the true value at this historic building,” said Stephen G. Kliegerman, president of Halstead Property Development Marketing. “Buyers are responding to the unique floor plans and design, competitive pricing and trendy locale.”
Located at 37 Bridge Street between Water and Plymouth Streets, Kirkman Lofts (www.kirkmanlofts.com) is being redeveloped into condominiums and after once housing Kirkman & Sons, a former soap factory for which the building was originally built in 1915. Kirkman Lofts is comprised of 45 condominium residences in a mix of a studios, one- two-, three, and four-bedroom homes ranging in size from approximately 839 to 2,803 square feet and in price from $570,000 to $2.4 million.
In homage to the industrial era, the original steel silos now serve as entrances to each apartment, creating hallways unlike any others in New York City and are also used as a design accent throughout the residences. Other historic accents include oversized industrial-inspired windows, reclaimed wood accents that are installed in common areas and throughout the homes, and the simple brick façade which blends in with the neighboring buildings.
The development will feature many unique floor plans, including duplexes with outdoor space, lofts with sunken living and dining rooms as well as studios and one-bedrooms with large home offices. The development will also include three unique, four-story townhouse units with private entrances, internal elevators and roof decks. Construction is expected to be complete in late fall 2011.
All apartments will include solid hardwood oak flooring and washers and dryers housed in tiled closets. Kitchens are designed with clean lines, featuring locally sourced millwork by Avalon Custom Woodworking in Brooklyn, Baltic Birchwood detailing, and sleek black LG or KitchenAid refrigerators, energy-smart GE or Whirlpool microwaves, stainless steel Bertazonni ranges and Bosch dishwashers. Bathrooms will include Toto dual-flush toilets, porcelain bathtubs and separate walk-in showers, all finished with penny tiles, Grohe fixtures, custom wood vanities, and Kohler sinks. QuietRock soundproofing drywall was used to construct walls between apartments and at corridors, creating extra-quiet residences.
Amenities at Kirkman Lofts include: a common roof terrace with sweeping Manhattan skyline and Manhattan Bridge views; bungalows available for sale; a second common terrace on the fifth floor; video doorman and concierge service; fitness room; bicycle and private storage bins and refrigerated storage.
Halstead Property Development Marketing is the exclusive sales and marketing agent. For more information, please visit www.kirkmanlofts.com or contact Nicole Amato at nicole (at) mediashoppr (dot) com or 212-867-8778 x226.
About Halstead Property Development Marketing:
Halstead Property Development Marketing is the exclusive sales and marketing firm for numerous new developments in the tri-state area. They consult with developers on every aspect of the development process, including: pre-development planning such as comprehensive market research, detailed unit mix and layout analysis and amenities planning, all of which enables their clients to maximize sales prices, increase absorption rates and provide an overall superior product benefiting the consumer and developer. In addition, the division directs and coordinates the selection of all on-site personnel, conducts extensive sales training and monitoring, designs exceptional sales environments, and creates integrated communications planning including marketing, advertising, public relations and branding. For more information on the Halstead Property Development Marketing Division, please visit: http://www.HalsteadPDM.com/.
