The Mill Building

The Mill Building is a condo located 85 North 3rd Street, in Williamsburg, Brooklyn. The building was first built in 1910 and is 114 years old. It was first renovated and altered in 2006. The lot that the building was built on is 225 feet wide and 122 feet long. The official lot area is listed as 27,389 square feet. The building itself is 225 feet wide and 122 feet long. In total, 85 North 3rd Street has a total floor area of 165,465 square feet. Of that, 105,514 square feet are used for residential purposes. About 59,951 square feet of the building are used for commercial purposes. Additionally, the building has a 28,754 square feet garage. There are a total of 72 units. Of those, 63 are residential units. There are 9 commercial units. 85 North 3rd Street has a total of 6 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 3 elevators in 85 North 3rd Street.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 176 closings on record, of which we have matching data for 31 listings. In the past 3 years, a listing in this building will typically remain on the market for about 156 days and tend to sell below the original asking price of $2,435,000 by 7.69%. Meaning, listings tend to sell at a median of $1,360 price per square foot. The transaction that took the longest to complete was unit 413, listed on Oct 01, 2020 for $2,400,000. This particular unit ultimately sold 309 days later for $2,250,000. The most recent transaction was for unit 214, which was first advertised on Jul 28, 2023, sold for $1,500,000 on Oct 05, 2023. Fun fact, the oldest transaction we have on record took place on Mar 27, 2006. See the full transaction history for The Mill Building below.

Williamsburg, where 85 North 3rd Street is located, has a median asking price of $1,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $2,435,000. For interested buyers, that means the building's median asking price is around 3.97% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $2,150,000. It is a 1,750 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $1,049,000. It is a 897 sqft studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, no one-bedroom, 1 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,599,500. Collectively, the median square footage of these active units for sale is 1,324 sqft. Active units for sale at 85 North 3rd Street have a median count of 1 bedrooms and have a median count of 1.5 bathrooms.