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July 22, 2008

Last Week's Biggest Sales

The Heights, Cobble Hill and Boerum Hill properties had all been on the market since at least last fall.

1. BROOKLYN HEIGHTS $3,000,000
54 Hicks Street GMAP (right)
Two condo units in this conversion. StreetEasy shows that one of the units (3-beds, 2-baths) was asking $1,975,000 and the other (2-bed, 1-bath) was listed at $1,249,000. They went for $2,050,000 and $950,000, respectively. Deed recorded 7/16.

1. GRAVESEND $3,000,000
2085 East 2nd Street GMAP (right)
A 2-fam, 2,093-sf house with a garage, according to Property Shark. Deed recorded 7/17.

2. BOERUM HILL $2,400,000
162 Bergen Street GMAP
22-foot-wide townhouse was listed at $2,300,000 when we had it as House of the Day in May, and it had been on the market for 8 months. Deed recorded 7/16.

3. COBBLE HILL $1,925,000
273 Baltic Street GMAP
When we featured this one as a House of the Day last September, the three-story, 16-foot-wide house was asking $1,995,000. Deed recorded 7/18.

4. SOUTH SLOPE $1,925,000
233 13th Street GMAP
Two-family house divided into rentals that go for more than $3,000 a month. Deed recorded 7/14.

54 Hicks photo from StreetEasy; Gravesend house pic from Property Shark.

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Comments

these are very healthy-looking prices!

Posted by: z at July 22, 2008 11:24 AM

Are we going to talk about this??? This is horrible...I LOVE the Flea!!!

http://nymag.com/daily/intel/2008/07/brooklyn_flea.html

Posted by: 11217 at July 22, 2008 11:28 AM

I don't understand how something is on the market for 8 months and then it goes for over asking.
3 million for the Gravesend house?!?!?
The New York real estate market is just weird!

Posted by: Bond at July 22, 2008 11:37 AM

that 3 million house in gravesend is almost certainly a teardown. Syrian Jewish community will pay anything to live in that enclave.

Posted by: Frederick Law Homestead at July 22, 2008 11:48 AM

Very strange ...

54 Hicks Street seems cheap (reno'd 5 storey house in BH for $3MM?!)

233 13th Street seems like it went for waaay to high a price (a couple of rentals in a South Slope house - probably frame - goes for $1.9MM?!).

... and Gravesend 2,100sf for $3MM?! WTF?! Fraud?

What gives?

Posted by: Mr Joist at July 22, 2008 11:54 AM

I second the motion: those price are very healthy looking. I went to a FG open house by Cocoran last week and there were < 30 people present. Submitted a bid $100000 less but a "bidding war" ensued and offers went way over asking price...i.e. no bubble in the good hoods by friends

Posted by: pierre de taille at July 22, 2008 12:03 PM

PropJoe should be kicked off the board for his racist comment.

Posted by: bricktop at July 22, 2008 12:09 PM

Mr Joist... you need to read more carefully. 2 units in the multi-unit building sold for a total of $3m....Not the whole building.

Posted by: Petebklyn at July 22, 2008 12:22 PM

12:09

Definitely a mediocre attempt at a troll, but it's a slow day on Brownstoner. How many posts have there been today? 20? 25?

Worse yet, none of the stories today are particularly controversial. That leaves only direct flamebait as the primary means of bringing out the nutjobs.

Posted by: Polemicist at July 22, 2008 12:37 PM

PropJoe, that remark is just as misinformed and distateful as your remarks yesterday about black people in Bed Stuy. I don't know what your issues are, but they are not shared or apreciated by most of the people here. Kindly shut up.

Posted by: Montrose Morris at July 22, 2008 12:37 PM

Piere: Can you please post a link for the listing?

Posted by: SnarkSlope at July 22, 2008 12:46 PM

PropJoe...They steal it from the stupidest ones that easily part with their money...like you

Posted by: daveinbedstuy at July 22, 2008 1:25 PM

3mil for garvesend?i dont get it.

Posted by: buckfast at July 22, 2008 1:33 PM

We've deleted the comment and given PropJoe a warning.

Posted by: brownstoner at July 22, 2008 1:46 PM

glad to hear it.

Posted by: bricktop at July 22, 2008 1:54 PM

Great...I think he's actually just an unimaginative baiting troll and an easy mark to come back at but he offends a lot of people who think he's serious.

Posted by: daveinbedstuy at July 22, 2008 1:59 PM

buckfast - thats what Manhattanites say about PS.

Posted by: dittoburg at July 22, 2008 2:04 PM

I think 13th Street is brick, not frame, possibly 4 story with a mansard roof, but I have't been down the block in a while and don't know the house for sure by number.

In any event, is there more to the story? I am all for higher values in my neck of the woods, but that seems almost unprecedented (except for 303 on the next block).

Posted by: slopefarm at July 22, 2008 2:21 PM

I live directly opposite the BH renovation and have watched over time the care and attention--the tasteful restraint-- with which it's been done.

Had I the dough, I'd seriously consider the 3 BR condo, which, I'd imagine, is as thoughtfully executed as the exterior.

I believe that the owners now occupy the ground floor.

Posted by: AB at July 22, 2008 2:44 PM

Well, guess what? This S. Slope house was owned by the same people who owned 303 13th St., Charrette Properties. So they've recently sold 2 13th St. houses, the frame just below $1.8 and the brick over $1.9! Now I know why their 14th St. house is priced close to $2 mill........ They do good work, people like it, and they're making money hand over fist. Does this mean the S. Slope rules, or what?

Posted by: ssloper at July 22, 2008 3:13 PM

Goes to show that nice staging gets you big bucks, since all of these Charette places always looks terrific in photos.

People love that stuff.

Posted by: 11217 at July 22, 2008 3:30 PM

Thanks for the Warning, Mr. B. I mean no umbrage, but i'm curious how these Jews obtain vast amounts of wealth and why do they spend it so foolosihly in Gravesend. That's a $600k house. $3mm. What kind of funny Lox are the Jews smokin'?

Posted by: PropJoe at July 22, 2008 3:47 PM

prop, you're a real lowlife.

What's your Jewish problem? One of them boffed yo momma?

But I'll let you in on their secret, since you're dying to know.

They sell sneakers to yo momma and her boyfriends.

Posted by: guest_poster at July 22, 2008 4:06 PM

"i mean no umbrage"

Good, real good!

Posted by: daveinbedstuy at July 22, 2008 5:10 PM

This is purely a grammatical or vocabulary point, but you can mean no harm, you can intend no insult, but only the person(s) on the receiving end of criticism can take umbrage. You can't mean umbrage or give umbrage when you insult someone, wittingly or unwittingly. The best you can do, grammatically, is express the hope that the target of your criticism won't take umbrage. Moreover, "umbrage" has a whiff of suggesting that any reaction is a bit of an overreaction. Propjoe would have been better off saying something more neutral like "I hope these Jews won't take offense but . . . " Hmm, correct in terms of grammar and usage, but still somehow not quite right for proper discourse.

Now, if you'll excuse me, I need a dime of Nova from Murray's so I can roll my own.

Posted by: slopefarm at July 22, 2008 5:35 PM

LOL slopefarm.

What, exactly, is wrong with you, PropJoe?

Posted by: 11233 at July 22, 2008 5:45 PM

PropJoe, as always, real estate is all about location. There's only but so much property within walking distance of the socially and theologically 'right' temple if you're a big shot Sephardic businessman. So you're gonna pay for that location, since you can't drive on the Sabbath.

Just like people pay a premium to be close to Smith Street's restaurants, or Williamsburg's hipster bars.

Posted by: Flatbushwhacker at July 22, 2008 5:52 PM

flatbushwhacker- kudos to you for trying to address propjoe like he's an intelligent human being. He really doesn't care- his sole purpose is to offend people and he does that quite well.

Posted by: bxgrl at July 22, 2008 7:20 PM

I was wondering where you were bxgrl!

Posted by: 11233 at July 22, 2008 7:40 PM

Hey SnarkSlope, sorry about the delayed response but the house is on Clermont Ave in FG and is sold by Abdul Muid & Tmor Morris from Corcoran...its still online just check out the corcoran website.

Posted by: pierre de taille at July 22, 2008 7:44 PM

Hi 11233- been in Manhattan lately instead of working from home. Too hot!!

Posted by: bxgrl at July 22, 2008 10:42 PM

Thanks Pierre. I'll check it out.

Posted by: SnarkSlope at July 23, 2008 8:06 AM

I'd love to see a steel caged match between a Syrian Jew & an Arab from 4th & Atlantic. That would be great

Posted by: PropJoe at July 23, 2008 11:11 AM