330 Wallabout StreetRecorded sales & closing prices

330 Wallabout Street trades in a market of its own. Its buyer is not the buyer for a Northside one-bedroom, and comparable analysis drawn from Bedford Avenue or the Kent Avenue waterfront will mislead in both directions. What this building offers is roughly 2,100 square feet of new construction with parking on site, in a location that is walking distance to the institutions of South Williamsburg and served by the G at Flushing Avenue and the J, M and Z at Lorimer Street and Marcy Avenue. What it does not offer is an abatement, a resale record, or a finished development around it.

Pricing runs in dollars per square foot and, because the apartments are so uniform in size, separates almost entirely on floor, exposure and line. The B and G lines are a distinct sub-market at roughly two-thirds the floor area of everything else. Indexed to 2025 as the last complete year, the building prices well below the Northside waterfront on a per-foot basis and well above it on an absolute basis, which is the ordinary arithmetic of large-format outer-Williamsburg product.

The dynamic that matters most right now is absorption. Closings started in the spring of 2025, ran through that summer, and then thinned. A sponsor holding a majority of the inventory more than a year after first occupancy is a sponsor with a carrying cost, and in a building with no abatement that carrying cost is real. That is leverage, and a buyer should use it.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.