The folks at PropertyShark are back again, this time with market numbers on Crown Heights. The neighborhood boundaries used were Atlantic to the north, Ralph Avenue to the east, Empire Boulevard to the south, and Washington Avenue to the west. The numbers show a gradual decline in median sales prices on homes after 2006-2007. (Although in the last two quarters of 2012 those prices were on the upswing.) One- to three-family home sales in the neighborhood topped out in 2007, with a median price around $700,000, and dipped in the third quarter of 2009, with the median price at $300,000. Apartment sales look a little stronger, with the median sales price topping out above $500,000 in 2010. This year apartment sales in the neighborhood rose, with the median price around $400,000 in the third quarter of 2012. And here are some interesting factoids: The most expensive block in the neighborhood is St. Francis Place, with a median price of $740,000 for seven sales since 2005. The most expensive residential sale in the neighborhood was the glassy three-family home at 914 Pacific Street. Click through for more graphs and a map with median sales prices this year for Crown Heights and surrounding neighborhoods.
Above, the median price for all sales in first through third quarter this year.
Mrs. Harriet N. Kilmer was furious. The year was 1908. She, her daughter and son-in-law had just lost thousands of dollars in stocks at the brokerage firm of E. F. Hutton, on Wall Street. They had entrusted a great deal of the recently deceased Mr. Charles Kilmer’s family legacy to a man who was an […]
Grocery mogul John Catsimatidis’ real estate firm Red Apple Group has released renderings for 180 Myrtle Avenue, one of at least three large developments, all clustered together, it is building in Fort Greene. NY YIMBY found the renderings, designed by Dattner Architects. The renderings show a large, boxy building whose design elements are formed by intersecting rectangles of […]
A new boutique condo development has hit the market at 1329 East 17th Street in Midwood, with one-bedrooms starting at $399,000. The Graystone has “one bedrooms plus home offices,” according to the Aptsandlofts listing. There are currently five units on the market at the six-story building, which has a common roof deck. Each apartment is about 815 […]
Real estate investment firm LIVWRK Holdings is in contract to buy an industrial building in Red hook for $21,500,000, which it plans to convert into offices and “creative spaces,” The Real Deal reported. The renovated property should be ready for move-in by mid-2015, the firm estimated. Located right at the entrance to the Brooklyn Battery […]
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