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The Gretsch Building

The Gretsch Building

The Gretsch Building
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

130 Units
12 Stories
1916 Year Built
$750K - $3.0M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Concierge
  • Rooftop Deck
  • City View
  • Elevator
  • Bike Room
  • 4 min walk to Berry Playground

Musical instrument factory converted to condos

The Gretsch Building is notable for a few reasons: The 1916 12-story building on busy Broadway is where Gretsch guitars and drums (still favored by the musical elite) were once manufactured; it’s considered prolific architect Karl Fischer’s first major project and Williamsburg’s first white-glove condo; and it represents a period where Williamsburg quickly transformed from an industrial artist outpost to a wealthy neighborhood, now dense with modern glass condos and converted warehouses and factories. Fischer’s 2003 loft conversion left the facade and bones mostly intact, other than adding two stories for penthouses. A 2024 New York Times article referenced the Gretsch as part of an extensive Williamsburg timeline, noting that rapper Busta Rhymes and actor Josh Hartnett were among the early buyers following its $75 million conversion.

Loft-like spaces with 13-foot ceilings

Equally prolific interior designer Andres Escobar spearheaded the Gretsch’s 130 units; similar to Fischer, it was the first big NYC project for the Montreal-based Escobar. He chose less commonly seen luxury elements, like kitchens with black granite counters, blue-grey cabinets, islands with wrap-around shelves and top-notch appliances from Wolf, Sub-Zero and Asko. Bathrooms are less surprising with soaking tubs, separate showers and dual vanities. Other standard touches involve Australian jarrah floors (a durable, reddish-hued wood), in-unit washers and dryers (or hookups) and a combination of central air and PTAC units. Original ceilings stretch to 13 feet with windows making good use of the wall space and views, whether overlooking the Williamsburg Bridge, Downtown Brooklyn or Manhattan. Some units also include fireplaces, terraces and spiral staircases to a second level. One and two bedrooms are the most common, but there’s a good representation of studios starting at 560 square feet and three bedrooms exceeding 3,000 square feet. Some units have also been combined to attain 4,000 square feet, with a 2021 sale reaching $8 million. Studios start around $800,000.

Expansive rooftop terrace overlooking the Williamsburg Bridge

The Gretsch heralded the arrival of white-glove buildings in Williamsburg, counting a concierge and live-in super among its staff. The dramatic lobby is all soaring ceilings, glass and wood, but the ample roof deck is the main talking point, where residents can relax on comfy patio cushions while appreciating a front-row view of the Williamsburg Bridge. A children’s playroom (also with sky-high ceilings) reflects the changed demographic from hipsters to families, or hipsters who stayed and started families. Pets are welcome as well, while cold storage encourages grocery deliveries for busy residents. Bike storage is another bonus since many locals prefer getting around by bike, and many businesses offer bike parking as well.

Trendy waterfront section catering to the well-off

Some facets of 2003 South Williamsburg remain, like the iconic Peter Luger steakhouse, which is a mere two blocks away and tends to draw an older crowd from beyond the neighborhood. Newer businesses cater to moneyed hipsters: trendy bars, independent coffee shops, casually cool restaurants, upscale tattoo shops, luxury hotels, designer boutiques and boutique fitness studios surround the Gretsch. Some of the closest hotspots include Aska, a two-Michelin-starred restaurant for small portions of innovative Swedish cuisine and Baby’s All Right for live music. Residents can walk to Nighthawk Cinema in about 10 minutes, a mainstay for eclectic movies, movie-themed cocktails and full meal options, as well as Whole Foods. The waterfront is another lure, with the five-acre Domino Park two blocks away where locals meet at the dog park, play beach volleyball, watch kids run around the playground inspired by the Domino Sugar Factory or grab an outdoor table at the popular taco spot.

Ferries, bikes and subway are the main options

Bikes are a common sight in Williamsburg; the entrance to the Williamsburg Bridge is close and its dedicated bike lane makes it a viable commuting option for many. Alternatively, there are also Citi Bike rentals right up the street. But residents at the Gretsch also fare better than in other parts of Williamsburg, with the J, M, Z lines a 10-minute stroll over to Marcy Avenue. Another less common, but viable, option is the South Williamsburg ferry. It’s a short walk to this East River line route, bringing riders to Wall Street and 34th Street among its stops.

Available Condos

No units matching this criteria are available right now.

Building Details

Amenities

  • City Views
  • Concierge
  • Doorman
  • Rooftop Deck
  • Package Room
  • Bike Room
  • Community Storage Space

Condo Association

  • Williamsburg Community

Building Design

  • Elevator

Unit Information

Unit
Beds
3 Beds
Baths
3.5 Baths
Sq Ft
2,465
Price
$5,750,000
Price / Sq Ft
$2,333 / Sq Ft
List Date
05/25/2024

Unit Size and Value Ranges

Studio Units
Sq Ft Range
555 - 2,258
Est. Values
$750,316 - $2,948,817
1 Bedroom Units
Sq Ft Range
785 - 1,153
Est. Values
$895,763 - $1,373,074
2 Bedroom Units
Sq Ft Range
1,048 - 1,851
Est. Values
$1,297,816 - $2,710,731
3 Bedroom Units
Sq Ft Range
1,643 - 2,891
Est. Values
$2,103,677 - $3,019,619
5 Bedroom Units
Sq Ft Range
1,801 - 1,803
Est. Values
$2,333,836 - $2,394,069
All Units
Sq Ft Range
555 - 2,891
Est. Values
$750,316 - $3,019,619

Map

Area Factors

Biker's Paradise

Bike Score®

97 / 100

Walker's Paradise

Walk Score®

97 / 100

Rider's Paradise

Transit Score®

98 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

63 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building And Area

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Property Taxes

Range in Assessed Values
$35K - $407K
Range of Taxes in Building
$3,945 - $45,484
Range of Taxes per Sq Ft
$5.30 - $14.23

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Property Management
Corcoran Group Real Estate
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.