Overview of The Genesis
The Genesis Sponsor Condo is a five-story residential building with 10 units. Designed by Citiscape Consulting and developed by Sheriff Development Holdings, it offers an attractive blend of functionality and aesthetic appeal. The building’s asking price range is $845,000 to $1.4 million, making it a competitive option in the Gowanus area.
As a new construction condominium, it caters to buyers looking for modern amenities and a boutique living experience. Its location, at the intersection of Gowanus, Park Slope, and Carroll Gardens, enhances its appeal.
Key Details
-
Floors: 5
-
Units: 10
-
Year Built: 2023
-
Asking Price Range: $845K - $1.4M
-
Sales Agent: Douglas Elliman
-
Developer: Sheriff Development Holdings
-
Architect: Citiscape Consulting
Detailed Building Analysis
The Genesis has been designed with a focus on efficiency and comfort. The distribution of units ensures privacy and exclusivity, while pricing reflects the demand for modern living spaces in Brooklyn.
Stacking Plans and Unit Types
The building’s stacking plan primarily includes two-bedroom units, which account for 80% of the total. There are no studio or three-bedroom units, emphasizing a focus on mid-sized apartments. Each unit offers private outdoor spaces, large windows, and high-quality finishes, creating a harmonious living environment.
Pricing Trends
Over the past three years, The Genesis has seen gradual changes in pricing. While some units have experienced price increases, others have seen minor reductions to align with market demand. The average asking price remains competitive, offering value for its location and amenities.
Unit Features and Layout
The Genesis’s interiors are designed to maximize natural light and space efficiency. Each unit has modern appliances and premium finishes, making it a desirable option for potential buyers.
Key Features
-
Windows: Floor-to-ceiling windows that enhance natural lighting
-
Flooring: White oak floors throughout
-
Appliances: Integrated high-end appliances for a seamless kitchen design
-
Outdoor Spaces: Balconies or private gardens available in select units
Example Layouts
-
Two-Bedroom Unit: Features an open-plan living area, a modern kitchen, two bathrooms, and a private balcony.
-
Duplex Unit: Includes additional living space, a private garden, and an extra bathroom, ideal for small families or those who require more space.
Benefits of Layouts
The layouts at The Genesis are designed to cater to diverse buyer needs. The open-plan designs create a sense of spaciousness while including outdoor areas to provide a private retreat within the bustling city. Each unit balances functionality and comfort, ensuring a pleasant living experience for residents.
Market Listings and Recent Sales Data
The Genesis has seen steady sales activity since its launch. Recent data highlights the building’s popularity and pricing trends.
Active Listings
-
UNIT 3B: 2 Bed | 2 Bath | $935,000
-
UNIT 5A: 1 Bed | 2 Bath | $1,250,000
Recent Sales
-
UNIT 1A: Sold for $845,000 (10 months ago)
-
UNIT 4A: Sold for $957,000 (1 year ago)
-
UNIT 2B: Sold for $916,000 (1 year ago)
Trends
Sales have been consistent, with an average velocity of 0.1 sales per month. Price adjustments indicate responsiveness to market conditions, ensuring units remain competitively priced. The building’s gradual absorption rate reflects the steady interest from buyers while maintaining exclusivity due to its boutique nature.
Market Comparison
Compared to other developments in the area, The Genesis stands out for its thoughtful design and competitive pricing. While some nearby properties may offer a larger number of units or additional amenities, the boutique nature of The Genesis appeals to buyers seeking privacy and exclusivity.
The Development Process and Timeline
The development of The Genesis followed a structured timeline, with each milestone reflecting progress toward completion and sales success.
Key Milestones
-
Offering Submitted: November 8, 2021
-
Offering Accepted: April 21, 2022
-
Sales Started: June 23, 2022
-
Certificate of Occupancy: July 3, 2023
-
Closings Started: July 19, 2023
These milestones highlight the efficiency of the development process, ensuring timely delivery of units to buyers. The coordination between the developer, architect, and sales agents contributed to the smooth progression of this project.
Challenges and Solutions
Like any real estate development, The Genesis faced challenges, including adapting to fluctuating market demands and aligning with local regulations. However, proactive planning and collaboration among stakeholders ensured these challenges were addressed effectively, resulting in a successful project completion.
Amenities and Building Features
The Genesis offers a range of amenities designed to enhance the living experience of its residents. These features are thoughtfully integrated to meet the needs of modern city living.
Amenities
-
Rooftop Deck: Provides open skyline views and a communal space for relaxation
-
Bike Storage: A practical feature for Brooklyn’s bike-friendly culture
-
Virtual Doorman: Adds security and convenience
-
Pet-Friendly Policies: Caters to pet owners
-
Laundry: On-site facilities for residents’ convenience
-
Storage Options: Additional storage areas for residents’ belongings
Environmental Considerations
The Genesis incorporates energy-efficient designs and sustainable practices, aligning with modern environmental standards. Features like energy-saving appliances and efficient heating systems contribute to reduced utility costs and a lower carbon footprint. These measures make The Genesis an appealing choice for environmentally conscious buyers.
Location and Neighborhood Highlights
Situated in Gowanus, The Genesis benefits from a prime location that offers both convenience and charm. This neighborhood has significantly developed in recent years, adding to its appeal.
Nearby Attractions
-
Park Slope: Known for its brownstones, dining options, and family-friendly vibe
-
Carroll Gardens: Offers boutique shops and trendy cafes
-
Greenwood Cemetery: A historic site and green space for outdoor enthusiasts
Transit Accessibility
The building is well-connected to public transit, with the F, G, and R subway lines accessible at the 4th Avenue – 9th Street station. This connectivity enhances its appeal for commuters. Additionally, the area’s walkability and bike-friendly streets make it convenient for residents to explore nearby attractions.
Future Developments in Gowanus
Gowanus is transforming with rezoning and infrastructure improvements. These developments are expected to enhance property values and attract new businesses and residents. The Genesis is well-positioned to benefit from these changes, further solidifying its appeal as a long-term investment.
News and Updates
Recent developments surrounding The Genesis and the Gowanus neighborhood reflect its growing prominence in Brooklyn’s real estate market.
Recent Activity
-
Price Changes:
-
UNIT 3B: Sale Price Increased by 6.42% (1 year ago)
-
UNIT 2B: Sale Price Dropped by 2.17% (2 years ago)
-
Listings:
-
UNIT 5A: Listed for $1,250,000 (1 year ago)
-
UNIT 3B: Listed for $935,000 (1 year ago)
Neighborhood Developments
The rezoning of Gowanus and ongoing environmental projects are expected to enhance property values and attract new buyers. These changes reflect the growing interest in Gowanus as a desirable residential and commercial development location.
Summary and Final Thoughts
The Genesis offers a compelling blend of modern design, thoughtful amenities, and a prime location in one of Brooklyn’s most dynamic neighborhoods. With its boutique size and well-designed units, it caters to a range of buyers, from young professionals to small families.
The building’s consistent sales activity, competitive pricing, and sustainable features position it as a strong contender in Brooklyn’s real estate market. The Genesis represents an excellent investment opportunity for those seeking a blend of modernity, convenience, and community. Its location in Gowanus and its thoughtful design ensure long-term appeal and value. Buyers can confidently consider The Genesis as a property that combines functionality with style, providing a comfortable and vibrant living experience.
FAQs
What amenities does The Genesis offer?
The Genesis provides residents several amenities, including a welcoming lobby with an elevator, a bicycle room, a virtual doorman system, and a standard rooftop deck offering open skyline views.
What types of units are available at The Genesis?
The Genesis comprises 10 distinguished one- and two-bedroom homes. Each unit features modern design elements such as floor-to-ceiling windows, white oak floors, and high-end integrated appliances.
What is the location of The Genesis?
The Genesis is located at 136 14th Street in Brooklyn, NY, at the intersection of Gowanus, Park Slope, Greenwood, and Carroll Gardens. It is just moments away from Brooklyn's vibrant dining scene, Prospect Park, and Green-Wood Cemetery, with the F/G/R subway lines nearby (4th Avenue – 9th Street).
