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NYC real estate in brief

July 15, 2009 The Real Deal  n/a

http://therealdeal.com/newyork/articles/nyc-real-estate-in-brief--37

FHA-approved building opening in Williamsburg
Aptsandlofts.com has announced the opening of 229 North 8th Street, perhaps the first condominium in the northern part of Williamsburg to be FHA-approved. The seven-story building has 54 units that range from 670-square-foot one-bedrooms starting at $425,000 to 1,150-square-foot two-bedrooms, priced at $659,000. The building has also received a final certificate of occupancy, meaning buyers are able to close and move in within four months. Apartments at 229 North 8th Street are available for purchase with a 3.5 percent down payment, which amounts to as little as $14,875 upfront.

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