Just Sold in Brooklyn

BROOKLYN HEIGHTS $1,295,000
160 Columbia Heights (above) GMAP
Prewar Art Deco two-bedroom, two-bath co-op, 1,200 square feet, with entry foyer, raised dining area, living room, renovated windowed kitchen, parquet floors, renovated bath and private terrace with city and harbor views; building is pet-friendly and features part-time doorman, live-in super and laundry room. Maintenance $1,600, 50 percent tax-deductible. Asking price $1,295,000, on market one day. Broker: Danielle Mosse, Brooklyn Heights Real Estate. Photo by Scott Bintner for Property Shark.

WILLIAMSBURG $546,000
30 Bayard Street GMAP
Studio condo, 650 square feet, with high ceilings, hardwood floors, kitchen with Sub-Zero refrigerator and dishwasher, washer/ dryer hook-up and views of McCarren Park; building features elevator, rooftop sports center, deck, gym and doorman. Tax-abated for 15 years. Common charges $291.76, taxes $50.40. Asking price $546,000, on market two weeks. Broker: Jessica Pfeiffer, The Developers Group.
Just Sold! [NY Post]

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Holy Moses.

$1080psf for a BH co-op? With only a part-time doorman? And $1600 in maintenance?

Is that the going rate these days?

Posted by: Anonymous at May 10, 2007 11:22 AM

^ Columbia Heights will do that I guess.

Posted by: jtg at May 10, 2007 11:28 AM

Brooklyn Heights is still a very desirable neighborhood, especially among those buyers who are not seeking "edgy". This is a beautiful Art Deco apartment building, I have often admired it, and the views from the corner windows must be super.

Posted by: anon at May 10, 2007 11:43 AM

On the market one day, that says it all.

Posted by: Anonymous at May 10, 2007 11:51 AM

1000 psf is the going rate these days for the nicer apartments in the blue chip neighborhoods of brooklyn heights and park slope.

times have a changed.

Posted by: anonymous at May 10, 2007 11:52 AM

I believe that's the building where the mobster/hitman character Jack Nicholson played in "Prizi's Honor" lived.

Posted by: 80s movie buff at May 10, 2007 12:36 PM

I think that the BH coop may be two combined 1-BRs, which would explain the high maintenance. Maintenance in the bldg is pretty much in line for the location.

Posted by: GHB at May 10, 2007 1:12 PM

This bldg is on promenade with unobstructed views of harbor and Manhattan.
Any location with views like that costs high premium. Doesn't mean going rate for neighborhood.

Posted by: Anonymous at May 10, 2007 1:27 PM

500 Grand for a Studio?????????!!!!!!! The world is going to hell.

Posted by: I don't know anymore at May 10, 2007 3:42 PM

Yes, this was Jack Nicholson's apartment building in Prizzi's Honor. A lot of the scenes were shot in location in Brooklyn Heights and vicinity. Anjelica Houston was great in that movie as a stylish Brooklyn lady.

Posted by: anon at May 10, 2007 4:18 PM

No that is not the going rate. Look at what sold last week. This is a spot market. As coffee, or cocoa, is a commodity so are coops on Columbia St.
Some only want the NOrth Hts., some only want Columbia Street for its views and
closeness to the promenade.
In the city people in the know sant to live between 66 and 82nd street nothing east of third ave. same thing. If you are going to spend over a mill. for an
apt. in Brooklyn you should get what you
want.

Posted by: Anonymous at May 11, 2007 8:12 AM

The heights apt is worth it in my opinion and as evidenced by the 1 day on the market. That is a great location with terrific views, beautiful surrounding blocks and so close to 2&3 trains.

I myself wouldn't spend that kind of money on anything less than a 3 br but different situation, different priorities.

Posted by: Joe at May 11, 2007 1:56 PM

""No that is not the going rate. Look at what sold last week. This is a spot market. As coffee, or cocoa, is a commodity so are coops on Columbia St.
Some only want the NOrth Hts., some only want Columbia Street for its views and
closeness to the promenade.
In the city people in the know sant to live between 66 and 82nd street nothing east of third ave. same thing. If you are going to spend over a mill. for an
apt. in Brooklyn you should get what you
want.""

is that why places like clinton hill, prospect heights, bushwick and bed stuy are all commanding 1 million and up prices now? because people want something SOOO specific if they are moving to brooklyn.

you don't know a thing about what you're talking about. brooklyn in general is on fire and practically everything is snatched up quickly that is average or above.

and yes, 1000 psf IS the going rate for most of brooklyn heights and park slope.

Posted by: anon at May 11, 2007 3:29 PM

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May 10, 2007

Just Sold in Brooklyn

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