Good Deal or Not? Oozing Space edition

This condo is located at 1731 1st St, NW:

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The flier says:

“Larger than most row houses, this unit oozes space, style and luxury from every square foot. Three large bedrooms, 3 baths and a den complement a huge luxury kitchen, and an enviable location near Metro, Big Bear and Windows cafes, and easy access to all DC neighborhoods. This condo is not yet registered with D. C. ; owner can accept only reservation agreements at this time.”

You can find more info here and a virtual tour here.

What do you think of the reno itself? Unit #2 has gone under contract and was listed at $495,000. Should there be any concern that the condo is not yet registered? Unit #1 is going for $459,900, sound realistic?

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