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December 24, 2007
Just Sold in Brooklyn
FORT GREENE $605,000
168 Washington Park GMAP
Two-bedroom, one-bath co-op in a brownstone, 800 square feet, with galley kitchen, window AC, garden and E/W exposures with park views; building features laundry and storage. Maintenance $480, 40 percent tax-deductible. Asking price $625,000, on market 64 days. Broker: Rodolfo Lucchese, The Corcoran Group.
COBBLE HILL $780,000
210 Congress Street GMAP
Two-bedroom, one-bath co-op, 1,000 square feet, with renovated windowed chef's kitchen with Sub-Zero refrigerator, Wolf range, Miele dishwasher, granite countertops and slate floors, dining room, vestibule, crown moldings, window AC and N/S exposures; building features elevator and garage. Maintenance $796, 58 percent tax-deductible. Asking price $749,000, on market 20 days. Broker: Heather McMaster, The Corcoran Group.
EAST WILLIAMSBURG $379,000
225 Maujer Street GMAP
One-bedroom, one-bath duplex condo, 791 square feet, with renovated kitchen, renovated bath, high ceilings, washer/dryer, central AC and roof deck. Common charges $229, taxes $18 (15-year tax abatement). Asking price $389,000, on market eight weeks. Broker: Alan Shaker, The Developers Group.
GREENPOINT $749,000
113 Beadel Street GMAP
5-bedroom, 2-bath, legal 2-family prewar brick row house; finished basement; 20-by-90-ft. lot; taxes $2,272; Iisted at $849,000, 10 weeks on market. Broker: Kline Realty.
WINDSOR TERRACE $362,000
651 Vanderbilt Street GMAP
1-bedroom, 1-bath, 900-sq.-ft. co- op in a postwar building; maintenance $567, 28% tax deductible; listed at $369,000, 6 weeks on market. Broker: Orrichio Anderson Realty.
First three items from the New York Post, Just Sold!; last two from the print edition of Thursday's New York Times.
Photo of 168 Washington Park by Scott Bintner for Property Shark.
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Comments
It seems as if 'Just Sold' listings on this site has strangely excluded Bedford Stuyvesant for months now... are you all trying to paint a false picture???
Brownstoner do you care to elaborate?
Posted by: guest at December 24, 2007 11:47 AM
He is simply trying to avoid the idiotic comments from the people who have never been to the nabe who can't control their racist and inappropriate comments.
Thank you for not posting a sale from Park Slope, Brownstoner!
Posted by: guest at December 24, 2007 12:30 PM
spinach dip?
Posted by: guest at December 24, 2007 7:19 PM
That poor Washington Park brownstone has been really bastardized. Just look at it compared to the ones that flank it. Too bad. I wouldn't pay to live in a ruined historical building.
Posted by: guest at December 24, 2007 10:16 PM
Oof, $379K for a one-bedroom condo, facing the projects, on friggin' Maujer Street? There goes the neighborhood.
Posted by: Zach at December 25, 2007 1:21 PM
Someone actually paid $756 a sq ft for that bastardized brownstone condo. It's gotta be nice inside.
Posted by: guest at December 26, 2007 8:37 AM
Me again -- it's a COOP?!?!? With a window AC unit? Where do people come up with these prices -- and these buyers?
Posted by: guest at December 26, 2007 8:38 AM
Regarding the co-op on Washington Park, say what you like, but A) I've been inside, and yes, it is really nice, B) anybody who's done even the most cursory research knows that $750 psf is going rate for Brownstone Brooklyn, and C) last I checked, nobody was making more Brownstones in Fort Greene that directly overlook parks championed by Walt Whitman and designed by Frederick Law Olmstead.
Posted by: guest at December 26, 2007 10:22 AM
Ok, answers A and C are reasonable. But that "going rate" for "Brownstone Brooklyn" rationale is bogus. Lots of brownstones in Clinton Hill and Bed stuy go for under $500 sq ft. Renovated.
Posted by: guest at December 26, 2007 11:15 AM
Those brownstone parlor floor windows were SHORTENED!! Hello?? That's a travesty. That could have been restored, as well as the facade and the lintels, especially when the units are commanding so much dough.
Posted by: guest at December 26, 2007 11:27 AM
my "wtf?" vote goes to the joint in Greenpoint.
Posted by: kanoa at December 26, 2007 2:05 PM
Well, 11:15, you may be right that some Brownstones in Clinton Hill and Bed-Stuy go for less than $500 psf, but some go for more, too.
More to the point, Fort Greene (even when you're not on the park) is more pricey than Clinton Hill, which, in turn, is much more pricey than Bed Stuy. A house worth $1.5 in the Hill might trade for half that price in B/S.
So your comparison seems apples and orange-ish to me.
Posted by: guest at December 26, 2007 4:04 PM
I want the crack houses to come back.
Posted by: guest at December 26, 2007 10:31 PM
Wow. I've seen that Maujer St. condo and the "renovation" is an abomination. And, as mentioned, it's surrounded by low-rise projects. Somebody must have pulled a fast one on mommy and daddy just so they could live near the L to Williamsburg.
Posted by: guest at December 26, 2007 10:39 PM
Those are architecturally significant projects, and they weren't that bad when I lived near there seven years ago. Actually, I think the Maujer street listing might be the best of the lot -- simply in terms of rental cost vs. owning. You could rent a floor of a brownstone in any of those neighborhoods for $2K -- why would you get a mortgage and pay twice that to own one?
Posted by: guest at December 27, 2007 4:10 PM
4:10 so you can OWN SOMETHING and not piss your money away (while lining some lazy landlord's pocket for doing nothing). Why not become a lazy landlord, invest your money, reap the longterm benefits of actually having an asset?
The only reason people should rent is if they can't afford to buy or are waiting for a real estate bubble to burst.
Posted by: guest at December 28, 2007 10:59 AM
Because, 10:59, when it costs twice what it costs to rent it isn't worth it to do so.
Posted by: guest at December 29, 2007 1:44 AM
1:44 that is just um wrong! rent goes up, and you build equity in owning. plus, sorry, you do not know the burg rental market if you think you can rent for something nearly that nice for that money.
Posted by: guest at December 29, 2007 11:57 PM
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