Brooklyn’s luxury condominium milk factory sells out

Real estate broker REAL New York today announced the official sale of the Milk Factory at 850 Metropolitan Avenue. Comprised of 32 new homes, the property is priced at approximately $1,700 per square foot, making it his third highest selling price per square foot in East Williamsburg. As the exclusive sales and marketing company, REAL New York played a key role in all stages of the project, from pre-launch to sell-out.

REAL New York Sales Director Jennifer Carey said: “The trajectory of the Brooklyn market is on the rise. His price per square foot, which is 30% above the overall Williamsburg average, is a testament to that demand.”

Co-developed by design firm ROART and 850 Metropolitan Ave. Investors, LLC, the former 19th-century Boden condensed milk distribution plant has been transformed into a contemporary home. It incorporates innovative architectural elements such as the addition of cantilevers and multiple spaces redistributed to connect community and nature. A second-floor terrace overlooks the building’s inner courtyard, featuring gardens and custom murals by local artists. Another communal terrace at the front of the building is under a cantilever, giving more than half of the residences access to a private outdoor space. Other amenities include a fitness center, bike storage, a virtual doorman, and a lobby lounge with fireplace.

ROART founder Ran Oron said: “Fostering spatial relationships within the building and with the neighborhood was important and was achieved by the courtyard function, along with a variety of interconnected public outdoor spaces for a truly seamless living experience.”

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