Gowanus' evolution from industrial hub to haven for creative fields to a family-friendly residential neighborhood can be seen at the site of 480 Degraw Street. Once upon a time, turning an abandoned Gowanus warehouse into a music venue would have been seen as the next logical step. But in spring 2013, when Brooklyn Bowl owner Peter Shapiro announced his intention to convert such a building to Rock and Roll Playhouse, his plan was met with opposition from neighbors who feared the late-night performances planned would affect their quality of life. They were unmoved by the promise of music classes for children during the day, and demolition permits were ultimately filed in March 2017.
About six months later, permits were filed for a four-story, 13-unit condominium that would be designed and developed by Build360 and Atelier New York. Residents have their choice of duplex, penthouse, or townhouse units; and, with layouts ranging from two- to four-bedrooms, all are sized to accommodate growing families as well as buyers desperate for more space after months on lockdown.
About six months later, permits were filed for a four-story, 13-unit condominium that would be designed and developed by Build360 and Atelier New York. Residents have their choice of duplex, penthouse, or townhouse units; and, with layouts ranging from two- to four-bedrooms, all are sized to accommodate growing families as well as buyers desperate for more space after months on lockdown.
Sales have just launched on the apartments inside from $2.2 million for three-bedrooms and $2.3 million for four-bedrooms. At an average price of $1,794 per square foot, the building is well above the Gowanus average of $1,091 per square foot (per CityRealty data). However, luxury condos of this type are still relatively rare in this section of Brooklyn.
Residential amenities at 480 Degraw Street include a dog washing station, bike room, and state-of-the-art automated parking garage that can accommodate up to 21 cars and 11 electric vehicle charging pads. It is located on a quiet side street, albeit one with easy access to the dining and shopping of Court Street and Smith Street, not to mention Gowanus nightlife, local schools, and the Carroll Street F/G subway stop.
The small number of residential condos in Gowanus make for erratic pricing averages. Chart via CityRealty
↓ Developed by Build 360 and designed by Atelier New York, 280 Bond's exterior is one of the most interesting new additions in this part of Brooklyn.
↓ The facade presents an interesting interpretation of the hybrid nature of the site: at the crossroads of the waning industries of Gowanus and the lively residential brownstones of Carroll Gardens.
↓ All units boast double-height ceilings, massive double-pane windows, radiant floor heating, and multiple zone split system heating and air conditioning.
↓ Residents enjoy views of lush neighborhood foliage and the historic St. Agnes Church.
↓ Kitchens come outfitted with crafted steel features and built-in paneled appliances, including double drawer dishwashers by Fisher & Paykel.
↓ All primary suites come with walk-in closets.
↓ Primary baths feature radiant heated flooring, terrazzo floor tiles, Duravit sinks, Toto toilets, and Jason Wu matte black bath hardware.
↓ Each home features a private garden or private terrace equipped with direct gas and water lines.
↓ Three-bedroom homes start at $2.2 million.
↓ Four-bedroom units start at $2.7 million.
Related Articles
Future New York
New York’s Classical Revival: See the new Penn Station and traditional designs reshaping the luxury residential market
Wednesday, June 24, 2026
Great Listings
Tudor City at 100: Rich history and attractive listings from $309K at Turtle Bay city-within-a-city
Wednesday, June 24, 2026
Future New York
Price Cuts: "Big" screenwriter's Cobble Hill townhouse trimmed by $900K; Lantern House junior penthouse drops below $10M
Wednesday, June 24, 2026
Future New York
Landmarks praises residential conversion/restoration of NoMad's Baudouine Building, Seeks revisions to rooftop addition
Tuesday, June 23, 2026
Get To Know
What is a sponsor unit? Pros, cons, and NYC apartments with no board approval required from $165K
Tuesday, June 23, 2026
Future New York
NYC contracts led by $18.5M Upper East Side mansion and a bespoke Billionaires' Row condo
Tuesday, June 23, 2026
Get To Know
How property values are assessed in NYC + Great new listings with open houses from $445K
Saturday, June 20, 2026
Get To Know
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
