Showing posts with label 306 Bond Street. Show all posts
Showing posts with label 306 Bond Street. Show all posts

Wednesday, April 09, 2014

One Of The Most Expensive Buildings in Carroll Gardens/Gowanus Comes With No Certificate Of Occupancy And A Stop Work Order

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 Photo credit Google Maps
Screen Shot 2014-04-09 at 12.02.53 PM

With a sticker price of $5,800,000 the building at 306 Bond Street between Union and Sackett Streets, is one of the most expensive buildings in Carroll Gardens/ Gowanus. The price is certainly not a reflection of its overall appearance. The building is rather bland looking. But it is big, featuring a total
of 9,100 square feet. According to a real estate listing, the semi-attached structure features 4 one bedroom lofts, 8 studios, an office, a full basement and a garage.

Perhaps to some, the building's size may warrant the high price, but its bulk is why the NYC Department of Buildings probably never issued a Certificate Of Occupancy and why it has remained unoccupied since it was built in 2005.
The structure covers the entire lot and probably far exceeds the Floor Area Ratio of the block's RB6 zoning.  Currently, there is a Stop Work Order on the property, as well as nine unresolved violations.

The property has been for sale for a while and the price was dropped from a high of over $6 million. It is now being marketed by Brooklyn Real Properties, Inc. as :
"Fully vacant! View of City &  Brooklyn! Near new 400 approved condos (Lightstone) & walk to new Whole Foods! Near trains! Great for conversion to Condo, Hotel, rental & more! Walking distance to Whole Foods Brooklyn and Gowanus!"

$5,800,000 is a rather stiff price for a building without a Certificate of Occupancy and with a Stop Work order, don't you think? But then again, anything seems to fly in Brooklyn real estate these days.



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