Austin Nichols House Named Brooklyn’s Best-Selling Building

11/2/17

Austin Nichols House, the condominium conversion of a national historic landmark along the Williamsburg waterfront, is the best-selling building in Brooklyn and the sixth best-selling building in all of New York City, according to leading global property research company PropertyShark. PropertyShark’s report covers recorded sales that took place in the five boroughs during the recently concluded third quarter of 2017. During this period, there were 42 closings in the building at an average price of $939,025. This highly anticipated landmark luxury condominium conversion developed by LIVWRK Holdings, Kushner Companies and Rockpoint Group began closings over the summer, and offers immediate occupancy for remaining residences. Over 70 additional homes are in contract or since closed and the building previously announced a record-breaking price-per-square-foot of over $1,900 for select residences.

“We’re thrilled to have the Austin Nichols House recognized as the top-selling building in Brooklyn and sixth top-selling building in New York City by PropertyShark,” said Asher Abehsera, Owner and CEO of LIVWRK. “The projects offers a remarkable value proposition and we’re glad the market has responded so positivity to the rich legacy and authenticity of Morris Adjmi’s reimagination of this historic waterfront property.”

The Austin Nichols House is an architectural marvel built in 1915 by the legendary architect Cass Gilbert, for the Austin, Nichols & Co., the city’s largest grocer at the time and later the distributor of Wild Turkey bourbon. Homes at the Austin Nichols House showcase Woolworth architect Cass Gilbert’s visionary style and feature a refined collection of fixtures and finishes by Morris Adjmi Architects, the firm that made its mark on Williamsburg with the conversion of an old factory building into the celebrated Wythe Hotel.

Remaining inventory includes studio-to-three bedroom homes with expansive living areas and 12-foot loft ceilings set over chevron-laid tobacco smoked oak flooring. Kitchens feature matte-lacquered custom cabinets, Bertazzoni cooktop ranges, smart tech Dacor refrigerators, and Asko dishwasher, as well as custom light pendants by Matter Made, hand-painted Japanese Kyoto tiles, and brushed concrete stone countertops resulting in an impeccable aesthetic.

With a completed dedicated amenity floor, residents at the Austin Nichols House will enjoy a 360 recreational experience, including coworking spaces, a resident café and catering kitchen, children’s playroom, theatre, music rehearsal rooms, as well as on-site parking. The building features an incredible waterfront fitness center with soaring ceiling heights, direct waterfront views, and state-of the art cardio, weight, and training equipment. Residents will also have access to an on-site SoulCycle and numerous exercise and wellness options nearby.

The Austin Nichols House is one of the earliest reinforced concrete warehouses in the United States and is distinguished by the unique features of Egyptian Revivalist design. The building is designated as a New York City landmark and has a listing in the National Register of Historical Places.

The building is located at the epicenter of Brooklyn’s most popular neighborhood, with a surplus of bustling cafés, bars, art venues, and boutiques, and residents will additionally enjoy close proximity to brand new retailers including Whole Foods, Equinox and Brooklyn’s first Apple store. The Austin Nichols House is steps away from the East River Ferry, the North 5th Street Pier, East River State Park and Bushwick Inlet Park.

Prices for remaining residences range from $780,000 to $2.8 million with studios to 3-bedroom availabilities. For additional information or to schedule an appointment, please contact the sales team at 718-486-KENT or visit www.austinnicholshouse.com.

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