EDRE has unveiled 288 Water Street, a boutique condominium building in Vinegar Hill, Brooklyn offering an elegant, understated design that is harmonious yet distinctive addition to the Vinegar Hill historic district, where streets are predominantly occupied by a mix of colonial-era townhomes and industrial-age warehouses.
Calling on Japanese aesthetic ideals of balance, grace, simplicity, and relationship to nature, 288 Water features a white porcelain facade and climbing gardens that feel contemporary while fitting well with the local texture. The building comprises eight three- and four-bedroom homes, with a maximum of two homes per floor, each with private outdoor space, and Japanese Zen garden. Residences were thoughtfully designed to offer larger living areas and optimize flow and natural light. Building amenities include a fitness center, common roof deck with BBQ and sitting area, residents’ lounge with kitchenette, lobby with package room, and Carson, a one-app resident experience™ and 24/7 remote doorman service.
“Vinegar Hill is a quiet, inviting neighborhood that has started to attract residents of DUMBO who are looking for a more tranquil lifestyle,” said Tamir Shemesh, licensed associate real estate broker and leader of The Shemesh Team at SERHANT. “288 Water is a rare offering in Vinegar Hill and we’re proud to be bringing this beautiful contemporary building to market and are confident that prospective residents will love it.”
The Shemesh Team at SERHANT. and SERHANT. New Development, the dedicated division for the sales and marketing of new development projects at SERHANT., will manage sales of the building. According to data from SERHANT. Market Intelligence, the Vinegar Hill neighborhood is surging in popularity for larger homes; contracts signed for three- and four-bedroom residences are up 110% year-over-year while the average price for units of this size has increased 78% year-over-year.
