« Details on the Brooklyn Take-Out Taxi Gems of Park Slope »

October 3, 2008

Just Sold in Brooklyn

439A-Waverly-Avenue-Sold-2.jpg
Here are three recent sales listed in yesterday's NY Post:

CLINTON HILL $1,333,333
439A Waverly Avenue
Restored prewar two-family townhouse, 2,600 square feet, with three-bedroom, 2½-bath owner's triplex over one-bedroom, one-bath garden-level unit; property features stainless-steel appliances, laundry area, limestone-tiled bath and Jacuzzi. Taxes $2,247. Asking price $1,299,000, on market 28 days. Broker: Rodolfo Lucchese, The Corcoran Group. OHP!

MIDWOOD $1,333,000
1721 Glenwood Road
Prewar seven-bedroom, 3½-bath house, 26-by-42-foot structure on a 75-by-100-foot lot, with stained-glass windows, double parlor, wood-burning fireplace, built-in window seats, built-in bookcases, formal dining room with pocket doors, renovated kitchen with granite countertops, unfinished basement with laundry area, enclosed wraparound porch, driveway and garage. Taxes $5,044. Asking price $1,450,000, on market two weeks. Broker: Alexandra Reddish, Mary Kay Gallagher. HOTD!

BOERUM HILL $499,000
53 Boerum Place
One-bedroom, one-bath condo, 608 square feet, with kitchen with granite countertops, stainless-steel appliances and maple cabinets, central AC and southern exposure; building features doorman, garage, garden and gym. Common charges $497, taxes $28. Asking price $499,000, on market three months. Broker: Margaret Heffernan, The Corcoran Group.
Just Sold [NY Post]




Posted by Brownstoner at 10:41 AM | Comments (17)
Categories: Sales

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/6524

Comments

Further evidence of the implosion of the Mutant Real Estate Bubble!!! NOT. Amazing how fast the two higher priced properties sold. Cingratulations to both the buyers and the sellers.

Posted by: daveinbedstuy at October 3, 2008 11:21 AM

Hi,
Forgive me for redundancy as I have posted this in different areas with no luck and am hoping for a reply.Does anyone have an idea on the area of 16th St. and PPW, specifically 16th bet 8 Ave+ PPW? I'm looking to rent in the area (pvt home w basement and large yard) The area looks to be rapidly gentrifying and seems to have many great features (very close to Park, F train, etc.) Heard that a new Pub/Restaurant is opening shortly right on the corner of 16th and PPW (owners from Cake Shop in lower Manhattan). I am confident that the apartment and area have all that I want/need. I'm just trying to get an additional feel on the nabe. Thanks.

Posted by: Hank at October 3, 2008 11:21 AM

Daveinbedstuy I am tottaly on Board with you, houses go for over asking and none of the naysayers comment. I am really tired of these people. They just don't get it this is not miami.

Posted by: sebb at October 3, 2008 11:27 AM

dibs - i'm not sure waverly did sell that fast. unless my memory is going (a distinct possibility) i think we saw it when we were looking in the fall of 2006. but good for the sellers either way for getting their price.

Posted by: i disagree at October 3, 2008 11:29 AM

these sale prices are great. But the studio I thought was nice in park slope has already dropped 75k over the last month or so.

so whatevs.

Posted by: Santa at October 3, 2008 11:31 AM

Man that house on Waverly is tiny. Can't believe it fetched that much but I am not unhappy either.

Posted by: wasder at October 3, 2008 11:44 AM

The place on waverly did sell fast. The owners had bought it about a year ago and were moving so had to sell (I learned this from the broker when I looked at it). It is a very nice place and at the time I looked at it I thought it was a fair price and would get the asking. I didn't see the rental unit though and assumed it would be nice. I think this place is representative of a good deal on a house that will only increase in value as that zone in clinton hill will only get nicer.

Posted by: ks8000 at October 3, 2008 11:45 AM

Santa understand this in good real estate markets or bad prices go down. So wake up

Posted by: sebb at October 3, 2008 11:45 AM

im up.

i dont have the money to buy contacts let alone a downpayment on an apartment.

no need to get nasty.

Posted by: Santa at October 3, 2008 11:52 AM

Santa u got it.

Posted by: sebb at October 3, 2008 11:57 AM

Hank- very nice area, "gentrified" long ago but that end of south slope/ windsor terrace still retains some of the vibe (in my opinion) that this area had 10/ 15 years ago (you won't be fighting against as many double-wide strollers). Terrace Bagels and Connecticut Muffin are great, other restaurants continue to press on, with recent new restaurants opening. Close to the park etc. Just don't know how many "private homes" are available to rent in that area.

Posted by: ppw_girlz at October 3, 2008 12:04 PM

ks8000, that explains it. i can't remember what the rental unit looked like, but i recall thinking (in 2006, when it was a bit cheaper) that, though cute and definitely in good condition, it wasn't a great deal given the location and size. also, the kitchen, while staged well in the photos, wasn't really built to last. and there were other properties in that same price range ($1.1-$1.3) in boerum hill, west carroll gardens, fort greene and prospect heights for the same size or larger. some of those places needed a bit of work, but were still better deals in our estimation. what's interesting is that, since then (early 2007), we've seen very few attractive houses in that price range or less in any of those neighborhoods.

Posted by: i disagree at October 3, 2008 12:10 PM

Let's just keep watching the market and see what happens. Just about every indicator shows we've now turned a corner and, while prices have started to come down (despite the occasional recent anamoly like Waverly), the price erosion will now accelerate.

Posted by: Miss Muffett at October 3, 2008 2:13 PM

Miss Muffet: I find your comments really fun. I know you don't intend them to be, but I think they are funny.

Posted by: 11233 at October 3, 2008 3:27 PM

Somebody who lives in Clinton Hill please explain to me who is buying these brownstones: Retired couples who sold their UWS apartment they bought in 1986 and made $10 billion? Two-earner lawyers? And if they can afford Clinton Hill, why Clinton Hill? Why not Park Slope or Brooklyn Heights or Carroll Gardens or whatever? Or Bed Stuy? What is the difference?

Posted by: mopar at October 5, 2008 12:06 PM

Also, P.S., isn't the going rent rate on a one-bedroom floor-through on a Clinton Hill brownstone fairly low? Like somewhere between $1200 and $1800? So the rental wouldn't make up a huge portion of the mortgage?

Posted by: mopar at October 5, 2008 12:08 PM

11233 - glad someone finds the current climate funny. Or is it that you go in for gallows humor?

Posted by: Miss Muffett at October 6, 2008 12:52 PM

Post a comment

Please be patient while your comment is published. It may take a moment.

Latest Restaurant Additions