Yesterday PropertyShark posted the above graph ranking the median sales price of co-ops, condos, single-family and two-family homes sold in 2012. Dumbo, previously ranked the most expensive Brooklyn neighborhood, was dethroned by Boerum Hill, which is now the borough’s most expensive address and is fifth city-wide, with a median sales price of $950,000. Dumbo, at $869,256, comes in at ninth place overall. Boerum Hill has seen a huge property value increase in the past eight years: since 2004, the price per square foot on residential sales increased by 30 percent. As The Real Deal noted yesterday, sales at 233 Pacific Street (which sold 20 units for more than $1 million each) account for some of the big sales jump. On a related note, you can check out this Property Shark map, just posted, tracking all the co-op and condo sales in Brooklyn in 2012. The map also tracks average price per square foot.
Move over Dumbo, Boerum Hill is Brooklyn’s Top Neighborhood [PropertyShark]
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There will be five homes, all with gardens or landscaped decks, on The Brooklyn Heights Association’s house tour this year. Also on the program are refreshments and guided tours of the sanctuary at the historic Plymouth Church of the Pilgrims. The tour takes place Saturday, May 10, from 1 to 5 pm. Tickets ($30 for members […]
Brooklyn, one building at a time. Name: The Decatur Address: 142-144 Decatur Street Cross Streets: Corner Marcus Garvey Boulevard Neighborhood: Stuyvesant Heights Year Built: 1888 Architectural Style: Romanesque Revival Architect: George L. Morse Other work by architect: Temple Bar Building – Court Street, Franklin Trust – Montague Street, Abraham & Straus annex – Livingston Street, […]
Brooklyn-based real estate firm Realty Collective will open an office in Clinton Hill, its fourth location. The official opening of the office at 466 Grand Avenue will take place Sunday April 27, the firm said in a press release. The new location will also handle business in Fort Greene, Bed Stuy, Crown Heights and Prospect Heights. Its […]
OK, it’s really narrow and there are a lot of down lights but this Greenwood Heights house at 396A 19th Street looks pretty cute to us. Goes to show what some great rugs and Timorous Beasties wallpaper can do, right? That bath looks pretty slick, and we also like the new unpainted clapboard exterior. We’re not so […]