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April 10, 2006
Just Sold in Brooklyn!
PARK SLOPE $2,900,000
96 Sixth Ave.
Prewar renovated four-story, two-family townhouse, 3,800 square feet, with one-bedroom, one-bath garden apartment with steam room and two-bedroom, two-bath owner's triplex with soaking tub that has room for six, sauna, bay windows, fireplace, dining room and open chef's kitchen; building features roof deck, courtyard and two-car garage with artist's studio above. Taxes $4,000. Asking price $2,490,000, on market 10 days. (Broker: Jessica Buchman, the Corcoran Group)
SUNSET PARK $900,000
526 58th St.
Two-family townhouse, 20-foot-by-50-foot property on a 20-foot-by-100-foot lot, with two-bedroom, one-bath unit over two- bedroom (convertible to three-bedroom), four-bath owner's triplex with crown moldings, sunken living room, wood-burning fireplace, central AC, kitchen with granite countertops, Jacuzzi and oak floors, walk-in cedar closets; building features deck and finished basement with office, laundry and storage. Taxes $3,148. Asking price $950,000, on market one month. (Broker: Mayra Ortiz, the Corcoran Group)
Just Sold! [NY Post]
Comments
Sunset Park is such a bargain. This house sounds great and is less than 2 blocks to the express train - 25 to Manhattan.
Good buy.
Posted by: Anonymous at April 10, 2006 11:49 AM
Nice job Ms. Buchman. Now that's what I like to see from a broker...a bidding war that produces a $400K premium. The seller got to be happy with that one. So much for a slowing market.
Posted by: Anonymous at April 10, 2006 12:32 PM
410k above asking! wow!
Posted by: Anonymous at April 10, 2006 12:33 PM
Okay, what exactly earned the 2.9 on the PS house? What was the X factor? Cause it looks pretty standard (2 mil) from the description.
Posted by: Anonymous at April 10, 2006 1:01 PM
2M, or just over $500/sf for a north slope brownstone on 6th Ave, is wishful thinking. but am also curious if there was something special here.
Posted by: Anonymous at April 10, 2006 1:03 PM
I wouldn't say "so much for a slowing market"...I would say "now I understand what is meant by location, location, location"...
It's unequivocal at this point that the numbers are going to show slowing nationwide...but the bottom line in brownstone brooklyn is that there is no inventory...particularly no inventory that's fully renovated like this place was...everyone who's waiting for "the crash" is not going to see it in properties like this...if there are people out there who bid 20+% over ask it continues to point to the fact that a ton of high-end inventory isn't going to come on the market because rates go up and suddenly people can't afford their IOs...this seems to be the common point a lot of people make on this site...yes I guarantee you that you will be able to buy all the Bud-Stuy brownstones and DUMBO condos that you want at a 20+% discount but its not going to happen in Prime Slope...
Posted by: Anonymous at April 10, 2006 1:06 PM
Come on, you dopes -- can't you read? The $2.9m PS house includes a 2-CAR GARAGE WITH ARTISTS STUDIO and what must be the overall level of renovation in a house that has a steam room in the rental?!
Posted by: Anon at April 10, 2006 1:11 PM
Brownstoner,
Still get "loading" on the thread for Open House Follow-up. Not able to comment.
Thanks!
Posted by: CrownHeightsProud at April 10, 2006 1:19 PM
I'd love to have a house with a sauna and steam room. But, where's the pool and the hot-tub?
Posted by: Anonymous at April 10, 2006 2:02 PM
I went to the open house for the 6th Ave. house. The interior was newly renovated but not to my tastes (a little new agey eg. bamboo walls etc.) However, the outdoor spaces were amazing and the artist's studio a nice little getaway if you're keeping it for yourself. Location not in 321 school district but nice and close to subways.
Posted by: Anon at April 10, 2006 2:41 PM
Hey Anon 1:11pm: I'm one of the dopes. Thanks for setting me straight. I thought maybe the two car garage was the big selling point, but then I remembered that anytime a regular row house has "garage space" it's basically concrete in the garden. But then you did also mention the steam room, which implies that they probably have jacuzzis in the bathrooms and water beds installed in the bedrooms -- hence the price!!!!
Posted by: Anonymous at April 10, 2006 2:49 PM
obviously the broker
Thanks for the advice Mayra.
Posted by: Anonymous at April 10, 2006 3:43 PM
Just love out real estate tax system.
$2.9m house has $4000tax and house that sells for less than 1/3 the price has $3100.
Posted by: Anonymous at April 10, 2006 3:43 PM
I think the garage did it. you know how hard is it to find parking everytime i drive to the area!!!
Posted by: armchair warrior at April 10, 2006 4:18 PM
I assure you the tax increases will be phased in. In about 10 years, taxes will probably be $12K.
But, please. Give us home owners a break. Everything else in NYC is so expensive, at least r.e. taxes were a (disappearing) deal.
Posted by: Miguel at April 10, 2006 5:27 PM
the 6th ave house was very nice, but for a specific type of buyer with specific tastes and lifestyle. heavy space emphasis on gigantic, luxurious bathrooms. lots of new, somewhat modern (nice, but simple, not retro in any way but not like you'd see in dwell either) woodwork throughout. a very fun open kitchen, dining, living area that gives the new owner's a trophy for entertaining. very lovely outdoor deck, smallish backyard, parking and a room above for i don't know what exactly because as i recall there was no bath in there, so it's not a guest suite yet. there were like a trillion people from all the various REBNY agencies in there and clearly the person who bought it must have lost out on other attempts to purchase and ponied up a ton of money to make sure they got it. it still happens folks. one house + one buyer = one sale.
Posted by: Anonymous at April 10, 2006 7:24 PM
It says above that there's an artist's studio, so that's prbly what that extra place above the garage is.
Posted by: Anonymous at April 10, 2006 8:09 PM
ANyone have links to the 6th ave house?
Posted by: Anonymous at April 10, 2006 8:10 PM
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