Last Week's Biggest Sales
1. HOMECREST $3,000,000 1771 East 9th Street GMAP (left) This is a 5,138-sf, single-family, according to Property Shark. Entered into contract on 11/2/09; closed on 12/29/09; deed recorded on 1/14/10. 2. BROOKLYN HEIGHTS $2,325,000 169 State Street GMAP (right) When this 3,540-sf two-family was a House of the Day in May, it was listed for…
1. HOMECREST $3,000,000
1771 East 9th Street GMAP (left)
This is a 5,138-sf, single-family, according to Property Shark. Entered into contract on 11/2/09; closed on 12/29/09; deed recorded on 1/14/10.
2. BROOKLYN HEIGHTS $2,325,000
169 State Street GMAP (right)
When this 3,540-sf two-family was a House of the Day in May, it was listed for $2,995,000. Its asking price was reduced to $2,495,000 in September. Entered into contract on 11/1/09; closed on 1/6/10; deed recorded on 1/15/10.
3. BROOKLYN HEIGHTS $2,133,233
360 Furman Street #519 GMAP
This is a 2,295-square-foot, 4-bedroom unit in One Brooklyn Bridge Park, according to StreetEasy. The condo was first listed for $2,725,000 in ’07. Sale included a parking spot. Entered into contract on 10/28/09; closed on 12/29/09; deed recorded on 1/15/10.
4. FORT GREENE $1,900,000
98 South Oxford Street GMAP
This wood-frame was listed for $1,995,000 in September, according to StreetEasy. Entered into contract on 10/28/09; closed on 1/12/10; deed recorded on 1/15/10.
5. COBBLE HILL $1,750,000
29 Tiffany Place, PH4 GMAP
This is a 2,500-sf condo with a private terrace, according to its listing. Its seller purchased it for $1,375,000 in 2005. Entered into contract on 10/29/09; closed on 12/29/09; deed recorded on 1/14/10.
Photos from Property Shark.
BHO you’re launching ping pong balls out of your arse. and it stinks. comps are comps. asks are all over the place, most asks are way more than 10% over comps. man, you’ve got some serious goggles on.
the data on comps on a psf basis are all yours for the taking, public information.
otherwise, light a match dude. and no more chili dogs.
That’s a rather narrow how in Brooklyn Heights with air conditioners cut into the area under the window sills. It really doesn’t have a ton of curb appeal so I can see why it didn’t go for more.
I’m extremely happy the Fort Greene house sold for a nice price. The co-owners are lovely people and have faced some reverses in this life. They did a ton of work on the house and beautified the neighborhood. Now, they can break up their household and figure out the future with a decent dime behind it. It is a charming house and I wish the new owners all sorts of happiness in their new home!
Nokilissa should have snapped up this house! (or did she?…H’mmm?)… Anyway, whoever it is, welcome to the neighborhood!
boerum- ah…i missed that comment. that sorta kinda changes everything. back to the by-laws of how to deal with shady brokers: *everything will be squirrelly / dont trust*. thanks.
Antidope — I generally agree with your interest in the overall state of the market, I don’t think this is a very useful data point based on the comment in last week’s posting to the effect that at the very first open house the agent showing the place said there was already an accepted offer.
“Fact: Most sellers price within 10% of comps as advised by their brokers. Inherently, that was my answer and still is. And since no one is challenging me otherwise, that’s where it stands.”
This is actually not a fact. It’s just your made up fact.
And in fact, nearly every person on this blog (even bears) challenges you on your arguments and you just spin it with more and more crap every time, never ever citing an example to back it up.
It’s tired, and I suspect no one besides Miss Muffet really gives 2 rats asses what you say at this point.
Fact: Most sellers price within 10% of comps as advised by their brokers. Inherently, that was my answer and still is. And since no one is challenging me otherwise, that’s where it stands.
Peak ask is the highest ask in a series of a listing that suffered price cuts (duh!). Some were set near peak comps and some weren’t (house didn’t trade at top of the market). I was referring to listings whose activity has spanned the top of the market, say 07/08, at peak comps.
You said “comp ask”. What the hell’s that?
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“squaredrive – the verdict won’t be in ’til bottom. Nobody can claim victory yet. Can you please answer the question?”
You are arguing that the relationship between sale price and ask price in these sales tells us something about the market. This is YOUR argument, so YOU answer the question, with facts please: How do these “peak asks” compare to comp asks, and how do these sale prices compare to comp sales? While you’re at it, please define “peak ask”.
I’m not doing your work for you, it’s your thesis, not mine.
fas[h]ion
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“…a huge movement of most of the art, dining, drinking and music scenes to Brooklyn over the last 10 years”
Because of finance, not fasion. You know how it goes, first the artist then the capitalist. I love Brooklyn but never cease to be amazed by the allure that Manhattan has to offer. Superior restuarants, superior boutiques, superior business opportunities. It’s an extremely rare man/woman who affords all they want in Manhattan but chooses Brooklyn. Spike Lee, Jay Z, they’re all FROM Brooklyn but where do they REALLY live.
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