Another Big Sale in Bed Stuy
Are you still reeling from that $2.2 million sale at 254 Gates Avenue? Well, here’s another big one. A HOTD pick this January, 266 Clifton Place just closed for $1.6 million in an all-cash deal. It worked out to $620 per square foot. The house, asking $1,675,000, looked like it was in move-in condition. Commenters seemed to think they’d…
Are you still reeling from that $2.2 million sale at 254 Gates Avenue? Well, here’s another big one. A HOTD pick this January, 266 Clifton Place just closed for $1.6 million in an all-cash deal. It worked out to $620 per square foot. The house, asking $1,675,000, looked like it was in move-in condition. Commenters seemed to think they’d get the price. Douglas Elliman’s Jerry Minsky represented both buyer and seller, and he’s known for pulling in eyebrow-raising prices in Clinton Hill. Looks like we can come to expect similar selling prices in Bed Stuy now, too. GMAP
House of the Day: 266 Clifton Place
This is clealry the same developer as 262 Clifton which sold a few houses down for 1.2 million back In 2011.. Great work, trendsetting prices for the area.
This is nothing to celebrate. One more hood becoming newly unaffordable for lower income people. It won’t be too long before NYC as a whole is an option for the wealthy only.
It’s so pretttty. Sigh.