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April 5, 2007
Just Sold in Brooklyn
BROOKLYN HEIGHTS $1,429,000
66 Orange Street, Apt. 2E
Prewar three-bedroom, two-bath duplex co-op, 1,600 square feet, with wood-burning brick fireplace, open dining area, updated windowed eat-in kitchen, high ceilings, French doors and Juliet balcony on lower level; building features roof deck, laundry and storage. Maintenance $1,485.12, 49 percent tax-deductible. Asking price $1,350,000, on market 19 weeks. Brokers: Michael Connolly and Michael Ragan, Halstead Property. Photo by Scott Bintner for Property Shark.
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Comments
wow...so this place went for 79K above asking price!!!??
Posted by: jm at April 5, 2007 11:02 AM
Nero bidding while real estate empire outside Rome burns. Wow is right.
Posted by: Anonymous at April 5, 2007 11:41 AM
Gosh, this market defies logic, but then again, buying real estate is not really a logical process - unless you are a developer.
Wall Street money talks and ----- walks !
Posted by: Anonymous at April 5, 2007 11:45 AM
especially considering the time on the market. someone got jacked, but probably doesn't care...
Posted by: gpt at April 5, 2007 2:19 PM
I'm sorry, even at 1.4 mil this isn't a bad deal. Great location, IMO, and while it doesn't seem to be recently renovated ("updated" is code for "new appliances 10 years ago') you've got a 3 br duplex with balconies, fireplace and 1600 sq. ft. Anywhere in Manhattan that's at least 2 mil, plus probably a higher maintenance. agree the "19 weeks on market" doesn't square with getting $79k over ask...maybe a 2-bidder war?
Posted by: Peter at April 5, 2007 11:58 PM
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