Just Sold in Brooklyn

BROOKLYN HEIGHTS $410,000
100 Remsen Street GMAP
One-bedroom, one-bath co-op, 700 square feet, with galley kitchen, dining area, parquet floors and S/E exposures; building features part-time doorman, laundry and storage. Maintenance $879.88 (includes utilities). Asking price $399,000, on market one week. Broker: Sandra Dowling, Brooklyn Heights Real Estate/Dowling Group.

DUMBO $608,000
100 Jay Street GMAP
One-bedroom, one-bath condo, 800 square feet, with open kitchen with stainless-steel GE appliances, granite countertops and garbage disposal, washer/dryer and casement windows; new-construction building features concierge, gym, common terraces and storage. Common charges $522, taxes $185. Asking price $608,000, on market one month. Broker: Sue Wolfe, Nancy McKiernan Realty.

PROSPECT HEIGHTS $516,000
365 Saint Johns Place GMAP
Prewar three-bedroom, one-bath co-op, 850 square feet, with modern kitchen, dishwasher, original details, eastern exposure and window AC; building is pet-friendly and features laundry, storage, garden and live-in super. Maintenance $536, 48 percent tax-deductible. Asking price $470,000, on market 20 days. Broker: Cindy McField, The Corcoran Group.

WILLIAMSBURG $540,000
223 N. 11th Street GMAP
Two-bedroom, one-bath condo, 757 square feet, with dining room, renovated bath and open kitchen with granite countertops and stainless-steel appliances; building features laundry. Common charges $259, taxes $254. Asking price $550,000, on market three weeks. Broker: David Ahdoot, The Developers Group.

WINDSOR TERRACE $1,150,000
300 Sherman Street GMAP
Six-bedroom, 2 1/2-bath, 22-foot-by-38-foot Victorian on a 40-foot-by-100-foot lot, with front parlor, fireplace, formal dining room, renovated kitchen, sitting room, hardwood floors, Jacuzzi and private driveway. Asking price $1,350,000, on market four months. Broker: Lolita Andrade, Fillmore Real Estate.
Just Sold! [NY Post]
Photo by Scott Bintner for Property Shark

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so it seems from looking at the recently sold here on brownstoner, that the market here in brooklyn is still pretty darn healthy.

Posted by: anon at June 7, 2007 11:54 AM

Of course we have no idea what the original asking prices were, or how long they were actually on the market.

Posted by: Anonymous at June 7, 2007 12:08 PM

well it does give both those details above. i suppose we don't know if they are accurate of course but i'd say since all but one were sold within a month, that's a good sign.

Posted by: anon at June 7, 2007 12:15 PM

you really don't know how long this stuff has been on the market, whether or not it's been in and out of contract, etc. and of course brokers aren't going to offer up details about deals where their client took a beating.
none of which means these aren't accurate reports - because they could be - or that certain properties in certain parts of brooklyn still continue to rise in value - because they certainly are.

Posted by: Anonymous at June 7, 2007 12:25 PM

Except, 12:15, the asking prices and time on market figures are not accurate IF the asking price changed. The only thing listed in these ads is the *last* asking price - and the time on market is the time that the apartment was on the market *at* the last asking price.

So they could have been on the market for a year, dropped the price by 10%, then sold in a month, and all you'd know is that it was on the market for a month at the 10% lower price (though you wouldn't know it *was* 10% lower.

Posted by: EJ at June 7, 2007 12:26 PM

yeah ej, i did hear that was the case with these things. guess i can't jump to any conclusions.

since two went for over asking price, i guess that would be unlikley, but who knows. maybe the prices were lowered to gte a bidding war going.

in any event, i think it's a great time to be living in brooklyn right now. not because of these prices, but just because of all the exciting things going on, up and around us.

Posted by: anon at June 7, 2007 12:36 PM

I'm surprised at the maintenance at 100 remsen. That building is a land lease - when I was looking a couple of years ago, my attorney warned warned me to stay away, even though the prices were attractive for $/sq.ft.

Posted by: ld at June 7, 2007 1:25 PM

Land lease or not, 100 Remsen is a very nice building.

Posted by: Anonymous at June 7, 2007 2:55 PM

I almost sublet an apt. in 100 Remsen a fe w years back. Very very nice and tidy building. the back apts have great light. A bit small, tho. A classic mid-size BH co-op.

Posted by: Pete at June 7, 2007 3:21 PM

I looked at a 399k place in 100 Remsen over a month ago, there were two apts available. Dunno if they were the same one that just sold.

Posted by: Anon at June 7, 2007 4:10 PM

The upper apartments have really nice views too.
This is Brooklyn Heights, so the apartments are sized and priced like Manhattan. But the ambiance is defnitely more serene. A great building for folks who like to come home to quiet Remsen Street after long days and evenings across the harbor.

Posted by: Anonymous at June 7, 2007 5:16 PM

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June 7, 2007

Just Sold in Brooklyn

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