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September 7, 2007

Residential Sales in Brooklyn

199Clinton.jpeg
COBBLE HILL $860,000
199 Clinton Street GMAP
2-bedroom, 2-bath, 1,000-sq.-ft. co-op in a brownstone; renovated kitchen, living room with fireplace, high beamed ceilings, 6 closets, hardwood floors, laundry; terrace; maintenance $1,060, 50% tax deductible; listed at $875,000, 8 weeks on market. Brokers: Brooklyn Heights Real Estate; Corcoran Group.

PROSPECT HEIGHTS $369,000
274 Saint Johns Place GMAP
1-bedroom, 1-bath, 650-sq.-ft. co-op in a prewar building; dining area, high ceilings, hardwood floors, laundry, 2 exposures; storage and part-time superintendent in building; maintenance $671, 48% tax deductible; listed at $379,000, 10 weeks on market. Broker: Aguayo & Huebener.
Items from the print edition of yesterday's New York Times.
Photo by Kate Leonova for Property Shark




Posted by Gabby at 11:15 AM | Comments (4)
Categories: Sales

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Comments

i looked at 199 clinton in late january when it was listed at $995k.

not exactly "listed at $875,000, 8 weeks on market."

Posted by: guest at September 7, 2007 12:25 PM

Correct. It used to be listed by Harbor View.

Posted by: guest at September 8, 2007 12:03 AM

The Prospect Heights property will be worthless after AY is built. Someone's gonna lose their shirt on this one.

Posted by: guest at September 9, 2007 3:34 PM

3:34 - I've been looking at that neighborhood for months now. I am interested in if you or someone else could expand on that view of prospect heights. I have to say, in the last month or so, demand has completely dried up. Very low attendance at open houses and interest from those outside normal transactions done by people who already live there, i.e. young families trading up and such.
The listings seem to imply that sellers are still asking for prices based on unrealistic "back in the heyday of 06" appreciation. My gut tells me most will wait it out until prices catch back up to their expectations. Why the comment about AY though? Worried about parking and congestion or construction?

Posted by: guest at September 10, 2007 10:28 AM

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