Residential Sales in Brooklyn

PARK SLOPE $1,402,500
357 Sixth Street
2-family, 3-story brick house; primary duplex: 3 bedrooms, 1 bath, dining room, fireplace, deck; top-floor simplex: 1 bedroom, 1 bath; 20-by-100-ft. lot; taxes $2,200; listed at $1.45 million. Broker: Warren Lewis.

MIDWOOD PARK $875,000
642 East 18th Street
96-year-old wood house; fireplace, sun porch, stained glass, parquet floors, original detail, professional office, 59-by-109-ft. lot; taxes $2,950; listed at $899,000. Broker: Brooklyn Properties of 7th Avenue.

Comments

These residential sales blurbs can be so misleading. The 6th street house went through at least 2 price reductions. This makes it seem like the seller accepted only a slight reduction from the asking price but in fact the reduction was over $100K. Also interesting that it did not disclose the number of weeks on the market.

Posted by: Anonymous at October 30, 2006 10:56 AM

Can anyone find out how many weeks the park slope house was on the market for?

Posted by: brilly at October 30, 2006 12:42 PM

Sale price $1,402,500
Sale date 7/17/2006
Building dimensions 19.75 ft x 36 ft
Wow.

Posted by: Anonymous at October 30, 2006 12:45 PM

I think that the 6th street house indirectly benefited from the feeding frenzy that occured at 392 6th street (accross the street). I still do not think that the house was worth that much (saw it 3 times). My guess is that one of the 9 unlucky bidders for 392 6th street came to the conclusion that 357 was a good consolation prize!

Posted by: Anonymous at October 30, 2006 1:58 PM

Maybe one of the unlucky bidders decided to buy something before prices start to rise again.

They should have bid more aggressiveley on the first house!

Posted by: Anonymous at October 30, 2006 4:51 PM

12:46-- why "wow"? Because it's low or high? Just curious because it seems about right.

Posted by: west at October 30, 2006 5:32 PM

Anon 4:51, all this bidding occured in April BEFORE the market downturn.

Posted by: Anonymous at October 30, 2006 6:35 PM