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A blog from CityRealty (Links below will take you to the 6sqft site)

Milk Factory, 850 Metropolitan Avenue

Between Orient Avenue & Olive Street

Key Details

  • Year Built 1920
    Converted Year 2020
    Building Type Condominium
    Neighborhood Williamsburg
  • Total Apartments 34
    Total Floors 5
    Doorman FT Doorman
Avg. Price / ft2
Avg. Price / ft2

Description

The Milk Factory condominiums at 850 Metropolitan Avenue is a conversion of the former Borden milk distribution plant into 32 residences. Situated in East Williamsburg, the 40,000 square foot, four-story building is just east of Bushwick Avenue and conveniently only two blocks away from the Graham Avenue L train station. Envisioned and executed by ROART, the development preserves the original building’s elegant proportions while making an audacious architectural statement. Building amenities include a windowed gym, bike storage, virtual doorman system, and a double-height lobby lounge furnished with a gas fireplace and textured concrete walls.

 

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Building Amenities

  • Post War
  • Rooftop Terrace
  • Elevator
  • Mail Room
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • Outdoor Entertainment Space
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Terraces / Balconies
  • Virtual Doorman

Apartments for Sale at 850 Metropolitan Avenue (3)

3
Available Apts
$887K - $1.9M
Price Range
$1,284
Avg. Price / ft2
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Rating

15
Out of 44

Architecture Rating: 15 / 44

+
24
Out of 36

Location Rating: 24 / 36

+
17
Out of 39

Features Rating: 17 / 39

+
8
=
64

CityRealty Rating Reference

 
Architecture
  • 30+ remarkable
  • 20-29 distinguished
  • 11-19 average
  • < 11 below average
 
Location
  • 27+ remarkable
  • 18-26 distinguished
  • 9-17 average
  • < 9 below average
 
Features
  • 22+ remarkable
  • 16-21 distinguished
  • 9-15 average
  • < 9 below average
 

Carter Horsley's Review

Carter Horsley's Building Review
"This handsome, 5-story building at 850 Metropolitan Avenue between Orient Avenue and Olive Street in East Williamsburg was built in 1920 and converted by Boaz Gilad to a condominium in 2020.  It has 34 apartments. 

The building was formerly a three-story Borden Milk distribution facility and the new four-story project is appropriately named the Milk Factory. " Read Carter's Full Review
Pros
  • Virtual doorman
  • Roof deck
  • Double-height lobby with gas fireplace
  • Windowed gym
  • Fitness center
  • Bicycle room
  • Few apartments
  • Two blocks from subway
Cons
  • No sidewalk landscaping
  • No concierge
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Subways

  1. L
at Graham Ave and Metropolitan Ave 0.17 miles
  1. G
at Metropolitan Ave 0.50 miles
 

Sales Summary - Past 12 Months

View By Apartment Sizes
Past 12 Months
$1,211
Avg. Price / ft2
Based on 8 Sales
 

Closing History - Last 10 sales

10
Units Sold
$715K - $1.4M
Price Range
$1,202
Avg. Price / ft2

Pricing Comparison of Similar Buildings

View Detailed Comparison

In The Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 315 Available for Sale
  • $1,321 Avg. Price / Ft2
  • $1,730,215 Avg. Price
  • $1,395,000 Median Price
  1. Most Expensive 205 Bedford Avenue Apt | $7,500,000
  2. Least Expensive 97 South 8th Street Apt 22 | $325,000
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 298 Total Sales
  • $1,219 Avg. Price / Ft2
  • $1,258,825 Avg. Price
  • $1,147,500 Median Price
  1. Most Expensive 868 Lorimer on the Park Apt 3A | $3,300,000
    Price / ft2 $1,833
  2. Least Expensive The Lynch Park II Apt 7L | $406,250
    Price / ft2 $516

Alternate Addresses

  • 840 Metropolitan Avenue
  • 842 Metropolitan Avenue
  • 844 Metropolitan Avenue
  • 846 Metropolitan Avenue
  • 848 Metropolitan Avenue

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For More Information
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