« OHNY This Weekend: Lots To Do in Brooklyn! Co-op of the Day: 209 Clinton Avenue 1 BR(s) »

October 6, 2006

Residential Sales in Brooklyn

BROOKLYN HEIGHTS $525,000
57 Montague Street (The Breukelen)
1-bedroom, 1-bath, 700-sq.-ft. co-op in a postwar building; 24-hour doormen; dining area, renovated kitchen and marble bath, hardwood floors, whirlpool tub; laundry and common roof deck in building; maintenance $941, 50% tax deductible; listed at $550,000, 4 weeks on market. Brokers: Brooklyn Heights Real Estate, Corcoran Group Brooklyn.

PARK SLOPE $835,000
239 Eighth Street
2-family, 3-story, prewar brick rowhouse; 2 bedrooms, eat-in kitchen, sunroom in primary unit; 2 bedrooms in other unit; high ceilings, hardwood floors, 1 bath in each; needs work; 18-by-100-ft. lot; taxes $1,767; listed at $845,000, 2 weeks on market. Broker: Orrichio Anderson Realty.

From the print edition of yesterday's New York Times.




Posted by Brownstoner at 10:45 AM | Comments (8)
Categories: Sales

Comments

Park Slope listing looks like it was a steal (relatively for this over-valued market), no? Too close to 4th?

Posted by: Anonymous at October 6, 2006 11:07 AM

I was amazed when it went that quickly. My wife and I took a look at it and decided very quickly that the only thing one could do with this particular house is demolish it and build new construction - which is why we didn't pursue it. It just had too many obvious structural defects. Obviously someone thought otherwise. I think that if you look at it as an empty lot, it doesn't seem like much of a bargain.

Posted by: anon at October 6, 2006 11:42 AM

wasn't 8th street house featured in a House of the Day or Open Houses at some point? I recall people saying then too that it looked like basically a teardown, but I can't find the old post now.

Posted by: Anonymous at October 6, 2006 11:59 AM

ah, here's the 8th street house (which at the time was listed at $899K):

http://tinyurl.com/zqnsx

Posted by: Anonymous at October 6, 2006 12:05 PM

I'm surprised the price on The Breukelen co-op. I would have thought a location like that would demand a much higher price.

Posted by: cobblestoner at October 6, 2006 12:37 PM

I can understand the lower price on the Breukelen unit despite the location. The maintenance is high; higher than a young single person buying a 1 BR in Brooklyn would want to pay every month on top of the mortgage.

Posted by: Anonymous at October 7, 2006 2:08 AM

Okay go to the link 12:05 provided. To me the really interesting story there is not the 8th street house but the 251 Lincoln Road in PLG. Originally listed at $1.149K? omg. I spotted that listing on the Corcoran site at its present price of $899K and thought THAT was too much for it, in its condition. And look what a horrific job the realtors did for the poor person, likely elderly, selling the house. Click on the photos. A pink bathrobe hanging from the closet door? And Bed Bath and Beyond bags sitting on the floor in front of the fireplace? It's really sad.

Posted by: Anonymous at October 7, 2006 2:22 AM

Oh and I should also say I think the limestone houses in LM in PLG are lovely, nice layouts, and are well constructed. This one was just not presented in the best light.

Posted by: Anonymous at October 7, 2006 2:26 AM

Post a comment

Please be patient while your comment is published. It may take a moment.

Latest Restaurant Additions