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September 6, 2007
Just Sold in Brooklyn

BROOKLYN HEIGHTS $349,000
72 Orange Street GMAP
Renovated prewar studio co-op, 400 square feet, with recessed lighting, 10-foot ceilings and separate open kitchen with granite countertops and stainless-steel appliances; building is pet-friendly and features elevator, live-in super and laundry. Maintenance $546, 50 percent tax-deductible. Asking price $349,000, on market one week. Broker: Patricia Izon, Brooklyn Heights Real Estate.
CATON PARK $875,000
53 Marlborough Road GMAP
100-year-old wood colonial; 7-bedrooms, 2 1/2 baths, front porch, eat-in-kitchen, family room, 2 fireplaces, h/w floors, c/a, original oak detail, pool, 50-by-100-ft. lot; taxes $4,521; listed at $900,000; on market 8 weeks. Broker: Mary Kay Gallagher.
First item from the New York Post, Just Sold!; second from last Sunday's New York Times, Residential Sales Around the Region; photo of 72 Orange Street by Christopher Bride for Property Shark
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Comments
Wow. Great deal on the BH studio. Guess that's why it flew off the market. Wish I'd known.
It's becoming next to impossible to find a studio in a decent area for less than 350K. This one sounds terrific.
Posted by: guest at September 6, 2007 1:37 PM
Man...I'm never gonna be able to afford an apartment in this neighborhood if small ugly (probably only because Corcoran took terrible looking photos of this place...) apartments like this go for this much.
I guess there's always Concord Village *grumble*
Maybe Brownstoner can start an entry about how often people get priced out of neighborhoods like this? Although I imagine it'll end up being a bitchfest :\
Posted by: guest at September 6, 2007 6:51 PM
875K for a fixer upper in Caton Park, not bad at all. It doesn't appear as though these prices have dropped. Maybe it just won't appreciate as fast as a year or two ago though.
Posted by: guest at September 6, 2007 10:10 PM

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