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January 11, 2007
Just Sold in Brooklyn
BOERUM HILL $1,965,000
208 Dean Street
Four-story landmark brownstone, 3,784 square feet on a 100-foot-deep lot, with five-bedroom, one-bath duplex over two-bedroom, one-bath duplex; home features triple parlor, pocket doors, moldings, marble mantels, renovated kitchen, deck and garden with hot tub in lower duplex. Taxes $4,500. Asking price $1,800,000, on market two weeks. Brokers: Christine Brandle Dugan, The Corcoran Group and James Crow, Nancy McKiernan Realty.
BROOKLYN HEIGHTS $458,000
195 Adams Street
Two-bedroom, one-bath co-op, 834 square feet, with renovated windowed kitchen with dishwasher, dining area, parquet floors and city and Statue of Liberty views; building features doorman, laundry, storage and bike room. Maintenance $971.62, 50 percent tax-deductible. Asking price $469,000, on market 12 weeks. Brokers: Ilene Riva Zeins, Brooklyn Heights Real Estate and Dowling Realty Group.
Just Sold! [NY Post]
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Comments
who's the idiot who paid nearly $200K over asking in boerum hill?
Posted by: anon at January 11, 2007 10:43 AM
Obviuously the idiot who got into a bidding war. Two bedroom lower duplex, instead of usual one bedroom, makes that home extremely desirable for its rental income
Posted by: west at January 11, 2007 10:50 AM
I meant to put quotes around "idiot". Obviously I don't think s/he is an idiot.
Posted by: west at January 11, 2007 10:52 AM
Dean Street was 10/6/06 Open House pick. But little comment on it that day.
Posted by: Anonymous at January 11, 2007 11:08 AM
Its on the best stretch of Dean Street. Plus, fact that its a 22-footer as opposed to standard 19.5 makes it attractive.
Posted by: crouchback at January 11, 2007 11:12 AM
HERE'S THE CORCORAN LINK FOR 208 DEAN:
http://www.corcoran.com/property/listing.aspx?Region=NYC&listingid=904816
Posted by: Anonymous at January 11, 2007 11:24 AM
who says there's a slump???...not in Boerum Hill thank you very much.
Posted by: Anonymous at January 11, 2007 11:27 AM
who says there's a slump???...not in Boerum Hill thank you very much.
Posted by: Anonymous at January 11, 2007 11:37 AM
I would have thought a double duplex to be less desirable than a triplex over a rental in that price range. You either have to pay the additional money to triplex it, or choose a space to live in. If you choose the upper, you give up the parlor floor, and have to walk up stoop and flight of stairs to your apartment. If you choose the lower duplex, you only have 2 bedrooms. But apparently the buyer didn't care.
Posted by: Anonymous at January 11, 2007 11:52 AM
I'd bet the new owner plans on taking the whole place (maybe a rental in bottom)...but if you can accord $2 mill you probs don't need rental income.
Posted by: Anonymous at January 11, 2007 12:05 PM
Maybe I've been looking at overpriced properties too long, but am I the only one that thinks the Brooklyn Heights coop went a little on the cheap side?
Posted by: Anonymous at January 11, 2007 12:18 PM
I agree with 12:18, does anyone know what gives with the BH coop?
Posted by: Anonymous at January 11, 2007 1:01 PM
Anon 12:05 -- you make no sense. Maybe he only can afford the $2M with the rental income. Who knows?
12:18 -- When I saw "Brooklyn Heights: $458K" I thought: "Studio". Must be a dump ;)
Posted by: Mork at January 11, 2007 1:06 PM
I believe the Brooklyn Heights place is in Concord Village, which is across Cadman Plaza and more reasonable priced than most everything else in the Heights
Posted by: anonymous at January 11, 2007 1:10 PM
Is Concord Village even considered Brooklyn Heights? It's my opinion that everything east of Cadman Plaza is either Downtown Brooklyn, Metrotech, or DUMBO.
Posted by: Whitbo at January 11, 2007 1:47 PM
The 2 bedroom is in Concord Village. It's stuck between the bridges, but has some decent deals,
as well as parking and a supermarket. It's right
next to Dumbo, for half the money.
Posted by: anonymous at January 11, 2007 1:48 PM
Concord Village (195 Adams) is bargain compared to much of the area. A bit separated from Bklyn Hts proper blocks but with growth of DUMBO also very close I think place is a deal.
(for those looking for coop with doorman and don't mind a bit bland looking). Nice grounds and subway on corner.
Some apts/bldgs in complex could be bit noisy if facing Tillary/Bklyn Bridge entrance - but 195 Adams set back and good spot in complex.
Posted by: Anonymous at January 11, 2007 2:06 PM
The house was delivered vacant.The interior detail,garden and interior decorative painting,moldings,floors,etc are all in excellent condition.New floor to ceiling windows etc.Boerum Hill brownstones,depending on the condition would go for just under 2 million.Do you know the price of a 4 story,excellent condition with a garden in Manhattan? Not going to happen.And Brooklyn is all of a sudden "Hotter than Hot".I suppose it's all about what is in and what is excellent.
PS Adams street is NOT really the Heights.
Posted by: someone who knows at January 11, 2007 6:30 PM
6:30 is right, it's about the perception and the context. The more that Brooklyn becomes an acceptable place to buy for people who would only live in Manhattan before, the Brooklyn house prices will rise. Because to those Manhattan people the houses here seem a bargain. Even though Brooklynites think the prices are too high. New residents from Europe, same thing. Prices in the U.S. even in NYC are more reasonable than the major cities in Europe. When we were selling we had a lot of European couples looking at our place. I kept wondering if it was a trend that was being noticed or tracked, that Europeans who previously would also only buy in Manhattan, now think of Brooklyn as hip. I've been hearing Brooklyn gets more tourists now, too. The word is out. Whaddya gonna do.
Posted by: Anonymous at January 12, 2007 12:14 PM

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