« NB: House Tours and Brownstoner Party Sunday A Toast to Applewood »

May 3, 2007

Just Sold in Brooklyn

344degrawst.jpg
CARROLL GARDENS $685,000
344 Degraw Street (photo)
Two-bedroom, 2 1/2-bath duplex condo, 1,306 square feet, with office; building features part-time doorman, roof deck, parking, laundry, storage and live-in super. Common charges $534, taxes $63. Asking price $695,000, on market six months.
Brokers: Judah Domke, The Corcoran Group, and Sue Wolfe, Nancy McKiernan Realty.

CROWN HEIGHTS $465,000
1520 Bedford Avenue
Two-bedroom, two-bath condo, 1,025 square feet, with renovated eat-in kitchen, marble bath, bay windows, hardwood floors and three exposures; building features roof deck, laundry and storage. Common charges $356, taxes $0 (15-year tax-abatement). Asking price $465,000, on market three weeks. Broker: Alan Shaker, The Developers Group.

FORT GREENE $615,000
87 Lafayette Avenue
Prewar two-bedroom, one-bath condo, 960 square feet, with kitchen with dishwasher, marble countertops and stainless-steel appliances, gas fireplace, hardwood floors, window AC and terrace with N/S exposures; building features roof deck. Common charges $335, taxes $350. Asking price $599,000, on market 45 weeks. Broker: Rodolfo Lucchese, The Corcoran Group.

KENSINGTON $279,000
280 Ocean Parkway
Prewar one-bedroom, one-bath corner co-op, 800 square feet, with entry foyer with built-in bookcases, renovated windowed kitchen with dishwasher, microwave, cherrywood cabinets and stainless-steel appliances, dining area, hardwood floors, renovated bath, four closets and N/S/W exposures; building features elevator, live-in super, laundry room, storage and bike room. Maintenance $525, 50 percent tax-deductible. Asking price $279,000, on market one day. Broker: Robert Frye, Brooklyn Heights Real Estate.

Just Sold! [NY Post]
Photo by Kate Leonova for Property Shark




Posted by Brownstoner at 11:51 AM | Comments (21)
Categories: Sales

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/1085

Comments

It's weird that it went above ask, particularly after sitting on the market for 10+ months. How does that happen?

Posted by: EJ at May 3, 2007 12:11 PM

Seems like a more-than-reasonable price on the CG duplex. Exterior looks pretty grim, and i'd guess the interior is just a box, but that's a lot of space and low maint. for 685k. Bad timing on listing it, though...last fall things were really slow, so they basically wasted 3-4 months, it looks like. Had they listed it now, I'm guessing they might have topped 700k.

Posted by: Pete at May 3, 2007 12:21 PM

Hey 12:21. Grim? It's FUGLY and embarassing. If that's all I could afford in Brooklyn, I don't live here.

Posted by: Anonymous at May 3, 2007 12:27 PM

"...I don't live here."

Or rent and save here. Doomsday will come. I predict liquidation sale by 2010. We wait for clothes to go on sale. Why not homes?

Posted by: Anonymous at May 3, 2007 12:38 PM

EJ, maybe the apt just needed that long for the right people to show up. Nothing more to it than that, perhaps.

Posted by: Anonymous at May 3, 2007 12:43 PM

Anon 12:43, I understand ya. I guess I just wonder because if I were an interested buyer and liked this place, I'd have tried to figure how long it was on the market and make my offer accordingly. Obviously there wasn't likely going to be a bidding war if there had been little interest so far, so why not offer at asking, at least?

Posted by: EJ at May 3, 2007 12:49 PM

Look at this at same address on Degraw-- why so much more?http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=907024

Posted by: Anonymous at May 3, 2007 1:09 PM

Just look at the photos and floor plan. The one that sold had the bottom floor underground. The one you posted has private deck and 'lounge' area and probably gets tons more lights and less ground noise.
I'm not saying it's worth over a million though...

Posted by: anon at May 3, 2007 1:11 PM

Anon 12:38 "I predict liquidation sale by 2010. We wait for clothes to go on sale. Why not homes?"

If I understand you Nostradamus, you are waiting for a correction you think is comming in 2010. Renting for 2-3k a month in the meantime. That is ridiculous if you could time markets that well you would have more money than you knew what to do with. Enjoy the wait, I hope you are wearing cloths.

Posted by: Anonymous at May 3, 2007 1:20 PM

Saw those DeGraw apartments when they were first built in 2001. Not much character, and I think they were going for close to $400,000 then (or maybe more), so by the standards of other properties, haven't appreciated as much as some other places. But parking and location are nice.

Posted by: Anonymous at May 3, 2007 1:36 PM

1:20,

"Nostradamus"? LMFAO. Nice. I'm actually renting a floor-thru for 1k/mo in prime Clinton Hill with utilities included. Not everyone is that fortunate but rent CAN be had for significantly less than the 2k lower limit you state (maybe not in prime C.H.). Even still, it's far cheaper than buying at current prices. Rents will drop too until all the inventory gets "dumped".

I didn't say I can time well, I said I PREDICT. I could be wrong. I could be right. Nevertheless, a severe correction by 2010 is my call. Look up the word "predict". Enjoy catching the falling knives. Sorry if I fogged up your rose-tinted shades.

Posted by: Anonymous at May 3, 2007 1:48 PM

I don't understand the use of 'prime' and 'Clinton Hill' in the same sentence.

Posted by: Anonymous at May 3, 2007 2:41 PM

For starters, prime clinton hill (historic) starts literally one block (Vanderbilt) over from Ft. Greene proper. To close, there are still a great many people that don't know the difference between bedstuy and Clinton Hill, or Ft. Greene and Clinton Hill.

Using the term Clinton Hill proper" refers to the part of "Clinton Hill that some mistake as Ft. Greene, when in fact it's Clinton Hill. I hope this helps clarify things for you.

Posted by: Anonymous at May 3, 2007 3:17 PM

Not Prime Clinton Hill probably = North of Willoughby, or South of Gates, or East of Hall/St James (although a few of those Cambridge/Grand blocks are nice).

P.S. obviously I live in not ready for prime time Clinton Hill.

Posted by: putnam-denizen at May 3, 2007 3:47 PM

Y-A-W-N

Posted by: anon at May 3, 2007 4:06 PM

Good job Putnam...do you know that I've lived in the area for 7 years and always spell Willoughby wrong. I usually just type Willo...lol. I think it's reversed though, should be south of Willo. and North of Gates = no CH proper, no?

Posted by: Anonymous at May 3, 2007 4:27 PM

CG apartment was $700k+ 6 months ago around $725k I think. Around 8 apartments have been on sale or sold in that building in the past 6 months. Could just be people taking profit from when the building was built. It's a shady building, they advertise all the apartments as having parking....it turn's out the lot is still owned by the orginal property owner and he is going to deed the spots and sell them on the open market....IE no guarantee that buying an apartment in the building gets you a spot.

Posted by: Anonymous at May 3, 2007 4:47 PM

Actually it's like 5 or 6 apartments in the past 6 months on sale....not 8.

Posted by: Anonymous at May 3, 2007 4:59 PM

We went to an open house when that building on Degraw had either just oepned or soon after.

It was raining and the upper floor apartment we were seeing was leaking BADLY. So much so, there was a bucket to catch the flow. Out in the middle of the floor.

Like 99% of the new construction going up in this burg, crap new construction, crap construction "quality." (And I use that term very loosely.)

Oh, and it's got those lovely Fedders conditioners.

Take this flat and shove it.

Posted by: NoIkea at May 3, 2007 5:53 PM

Post a comment

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

Latest Restaurant Additions