« Parlor Floor Kitchen #3: Jeffrey's 35-Footer Co-op of the Day: 474 3rd Street (Revisited) »

July 31, 2007

Residential Sales in Brooklyn

jcondowindows.jpg
DUMBO $608,000
100 Jay Street GMAP
1-bedroom, 1-bath, 800-square-foot condo in a new building; concierge; open kitchen with granite counters and stainless steel appliances, hardwood floors, washer-dryer, triple-glazed casement windows; gym and common roof terraces in building; common charge $522; taxes $2,220; listed at $608,000, 4 weeks on market. Broker: Nancy McKiernan Realty. From the print edition of Thursday's New York Times.

230seventhst.jpgPARK SLOPE $1,010,000
230 Seventh Street GMAP
1,650-square-foot new duplex condo with 3 bedrooms and 2 baths; dining room; marble counters and baths, skyline view; common charge $285; taxes $89 (abated); listed at $999,000 (multiple bids). Broker: Brooklyn Properties of 7th Avenue. Photo by Kate Leonova for Property Shark.
Residential Sales [NY Times]




Posted by Brownstoner at 11:57 AM | Comments (13)
Categories: Dumbo, Sales

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/1719

Comments

didn't the park slope duples started with an asking price of 1.7mil?

Posted by: Anonymous at July 31, 2007 12:27 PM

Yep, that went on the market in the summer of 2005 for the entirely ridiculous price of $1.7m. I'm surprised they got as much as they did for it...

Posted by: anon at July 31, 2007 1:09 PM

I'm pretty sure it was the triplex that was asking $1.7 million, but in any case, yes, they were asking $1000/sf for this originally, which was a pipe dream:

http://www.brownstoner.com/brownstoner/archives/2005/07/1000_psf_on_fou_1.php

Still, $600/sf in this location? Not shabby.

Posted by: slopion at July 31, 2007 1:32 PM

You can still get a 1-bedroom in dumbo for $600k? Not bad.

Posted by: Anonymous at July 31, 2007 3:17 PM

Actually $600 a/ft is cheap in that location, basically gave it away.

Posted by: Anonymous at July 31, 2007 4:21 PM

didnt a studio in 100 jay go for mid 500s? at 608K this looks like a steal.

Posted by: harry at July 31, 2007 4:27 PM

Count me as a clueless denizen of Bushwick who's taxes are ohhh $400 for an entire house, but $2220 taxes for that dumbo condo? Is that 'normal'? Sounds insane to me.

Posted by: Anonymous at July 31, 2007 5:42 PM

5:42, I'm hoping that's annual... $185/mo seems like a possible amount.

Posted by: Anon at July 31, 2007 5:54 PM

Hey Anons from 4:27pm and 3:17pm

STOP TROLLING, we all know you are the broker who is trying to unload this p.o.s.... so don't pretend to be someone else!

Posted by: Rilks at July 31, 2007 5:59 PM

whether they are trolling or not, it doesn't really matter because i believe a studio DID sell in the 500's which would make this a good deal by those standards. broker or not, those are the facts.

Posted by: anonymous at July 31, 2007 6:05 PM

what an atrocious building. it looks like a motel 6. i remember the day when dumbo was one of the coolest atmospheric neighborhoods in NYC and had a distict beauty and sense of place.

Posted by: adriennui at July 31, 2007 9:34 PM

still does. if one building makes you dislike the entire neighborhood as much as you sound, you didn't really love it much in the first place.

my how fickle transplanted new yorkers are.

the reason i know that is most of us real new yorkers don't know what a motel 6 looks like.

Posted by: anon at July 31, 2007 9:53 PM

I am a broker in New York and New Jersey.
When a building isn't selling, this is for the aging new development statistics,
there is what you call a false buy to plump up sales. The broker os a large development buys, a dayghter of the developer buys, just to make the papers etc. I wish I could say the market is well, but I am shocked at the number of foreclosures in Brooklyn. Especially in Fort Greene and Clinton Hill. Houses theat wind up as reos, because they were over priced five years ago. I have been a broker for over thirty years, and I am
not feeling good about things. I am puzzled and ecstatic that others see the market as only going up.

Posted by: Anonymous at August 1, 2007 6:27 AM

Post a comment

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

Latest Restaurant Additions