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February 29, 2008
Just Sold in Brooklyn
COBBLE HILL $840,000
120 Boerum Place GMAP
Renovated one-bedroom, two-bath duplex loft condo, 1,222 square feet, with bamboo floors, spiral staircase, steam shower and deck; building features live-in super. Common charges $543, taxes $342. Asking price $850,000, on market three weeks. Brokers: Julie Elizabeth Cohen, Dowling Realty Group and Brooklyn Heights Real Estate.
KENSINGTON $315,000
40 Tehama Street GMAP
Prewar one-bedroom, one-bath co-op, 700 square feet, with eat-in kitchen with stainless-steel appliances and dishwasher, renovated bath, five closets and den/nursery; building features elevator, laundry and back yard. Maintenance $560, 62 percent tax-deductible. Asking price $299,000, on market 80 days. Broker: Calvin Gladen, The Corcoran Group.
WILLIAMSBURG $715,000
407-415 Leonard Street GMAP
Two-bedroom, 1½-bath condo, 973 square feet, with stone-tiled bath, central AC andkitchen with Viking stove, Sub-Zero refrigerator and cherry-wood cabinets; Aqua building features doorman, courtyard and parking. Common charges $538, taxes $18. Asking price $715,000, on market three weeks. Broker: Yury Vattel, Aptsandlofts.com.
Just Sold! [NY Post]
Photo of 120 Boerum from Property Shark.
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Comments
i've noticed prices in kensington rising significantly over the past 3 years.
probably a good place to buy for a relative deal still while still seeing price appreciation, even in a downturn.
Posted by: guest at February 29, 2008 12:46 PM
Looks pretty healthy to me.
Posted by: guest at February 29, 2008 12:59 PM
super healthy market.
840k for a 1 bedroom.
yeah, the market is tanking.
Posted by: guest at February 29, 2008 1:07 PM
Yes, prices have been appreciating in Kensington. The 40 Tehama Street apt. must have been turnkey. However, I've been noticing on Streeteasy that most listings(with few exceptions) in the area go for UNDER asking. Also, lots of over-priced listings lingering on the market for months.
Posted by: guest at February 29, 2008 1:08 PM
I've noticed that too: a lot of Kensington and non-prime Windsor Terrace spots being overpriced by brokers and then sitting and sitting when the interest would probably be there at a proper market rate. Curious to see how these areas hold up during the downturn as they're fringe in some ways and honestly desirable in others...
Posted by: guest at February 29, 2008 6:10 PM
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