Construction has topped out for the ten-story condominium building at 80 East 10th Street, aka Eighty East Tenth Street. The project is between the borders of the East Village and Greenwich Village, and is four blocks away from Union Square Park, giving it a unique location. Parametric Development Group is responsible for the development.
Nearly 60 percent of the condominiums are now under contract, after being on the market for four months. Brown Harris Stevens Development Marketing is responsible for sales.
The project benefits from improving engineering techniques. Cantilevering is usually used for larger buildings, where the costs are outweighed by the gained space. NAVA Companies is responsible for designing the Jenga-like structure.
The building creates over 26,000 square feet, including 2,170 square feet of commercial retail space. 12 condominiums will result, averaging 2,000 square feet apiece.
What remains on the market are three- and four-bedroom units, priced from $4.15 to $8.25 million. This does not include the five-bedroom penthouse, which has not yet been released.
Amenities include a shared rooftop terrace, package room, private cellar storage, and a bicycle room.
The site is located just north of Astor Place, with the Astor Place Subway Station, providing access to the 4 and 6 trains. A block to the west is the 8th Street Subway Station, serviced by the Q, R, and W trains. Adjacent to the rising structure is the historic Grace Church, built in the style of French Gothic Revival.
Completion is expected by next year.