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February 22, 2008

Just Sold in Brooklyn

98-2nd-place-02-2008.jpgCARROLL GARDENS $749,000
98 Second Place GMAP
One-bedroom, one-bath co-op, 1,150 square feet, with wood-burning fireplace, renovated kitchen with dishwasher, renovated bath with washer/dryer and garden. Maintenance $688, 62 percent tax-deductible. Asking price $749,000, on market 13 weeks. Brokers: Brian Lewis and Gloria Macri, Halstead Property.

CLINTON HILL $420,000
360 Clinton Avenue GMAP
Prewar one-bedroom, one-bath co-op, 730 square feet, with formal entry foyer, windowed eat-in kitchen with dishwasher and N/W exposures; building features doorman. Maintenance $613. Asking price $439,000, on market 41 days. Brokers: Rodolfo Lucchese and Linda Wolff, The Corcoran Group.

Just Sold! [NY Post]
Photo of 98 2nd Place by Kate Leonova for Property Shark.




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Comments

The CG seems like alot for a 1-bedroom. I wonder if it's convertible to a 2-bedroom, since it's so large (and unless it is basement level, should have that typical "extra" little room that many people use for a 2nd bedroom for a kid. I would think the people willing to pay a premium to live in the neighborhood are more likely to be a family with kids (especially with a good public school), rather than a couple or single. But that is a prime location in the neighborhood -- close to the subway and other amenities.

Posted by: guest at February 22, 2008 12:49 PM

Halstead really blew it on that CG 1 BR. Think of what Corcoran could have got for it. 5 mil? 8 mil? C'mon! Its Carroll Gardens.

Fuhgeddaboudit!

Posted by: guest at February 22, 2008 1:00 PM

ha ha!

it seems that all the nastiness leveled at CG is not warranted. The area is nice and should command a premium.

Posted by: guest at February 22, 2008 1:04 PM

What does 62% tax deductible mean?

Posted by: guest at February 22, 2008 1:24 PM

62% of the maintenance is deductible -- it is mortgage interest and R/E taxes. High mortgage deductible is likely due to new mortgage on the coo-op.

Posted by: guest at February 22, 2008 2:32 PM

Here's the floor plan via Streeteasy for the 2nd Place Co-op

http://www.streeteasy.com/nyc/attachment/show/9145

Given that it seems 25%+ of the space is underground I am amazed that they got $749k for it and what's more it went into contract at asking within 1 month - sorry 31 days).

http://www.streeteasy.com/nyc/sale/151069-coop-98-2nd-place-cobble-hill-brooklyn

Posted by: guest at February 22, 2008 3:23 PM

There is a sucker born every minute. Make that every 30 seconds.

Posted by: guest at February 22, 2008 3:51 PM

"There is a sucker born every minute. Make that every 30 seconds."

Yup. Don't hate the brokers, hate the buyers.

Posted by: guest at February 23, 2008 9:05 AM

Sounds to me that some people want to buy in this area but can't afford it. What is wrong with u 9:05am. I bet u probably want someone to give u something, u don't want to work for it. Get over it these are the prices in CG, if u dont like it move into the Red Hook projects. Who do u think u are labeling someone a sucker, chances are yor the biggest sucker, becuase people like u suck the life blood from the city. I bet u have some lousy job your not happy with and make shit money and your angry at the world because your a loser.

Posted by: guest at February 25, 2008 7:15 AM

There were two open houses hosted a week apart and multiple offers were made. Contracts were signed after the 2nd OH and it closed the first week in February. The backyard was featured on Landscapers Challenge on HGTV last Sunday 3/2.

Posted by: guest at March 7, 2008 8:59 PM

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