« The Love Chapel Now For Sale Condo of the Day: 320 Washington Avenue, #1B »

April 28, 2009

Last Week's Biggest Sales

biggest%20sales%204-28.jpg

1. GOWANUS $1,450,000
330 Carroll Street GMAP (left)
This 2,400-square-foot, 2-family was "beautifully renovated" and has a "hi-income rental," according to its listing. Entered into contract on 2/23/09; closed on 4/13/09; deed recorded on 4/22/09.

2. BAY RIDGE $1,400,000
30 88th Street GMAP (right)
A 2,650-sf, single-family house, according to Property Shark. Entered into contract on 4/1/09; closed on 4/9/09; deed recorded on 4/21/09.

3. BROOKLYN HEIGHTS $1,200,000
78 State Street, #3 GMAP
A 1,750-sf, duplex co-op with three bedrooms, according to its listing. It was originally listed for $1,429,000 in late October. Closed on 4/16/09; deed recorded on 4/23/09.

4. BRIGHTON BEACH $1,200,000
214 West End Avenue GMAP
This 4-bedroom house was first listed for $1,995,000 last October, according to StreetEasy. The price was reduced to $1,850,000 in November. Entered into contract on 2/23/09; closed on 4/8/09; deed recorded on 4/22/09.

5. PARK SLOPE $1,018,250
153 Lincoln Place, #1A GMAP
A closing at the former Slope brothel. Units hit the market last fall, and this 1,602-sf, 3-bedroom was listed for $1,125,000, according to StreetEasy. Entered into contract on 11/11/08; closed on 4/8/09; deed recorded on 4/20/09.

Photos from Property Shark.

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/9488

Comments

The unit in the former brothel looks delicious.

Posted by: SnarkSlope at April 28, 2009 11:33 AM

cornerbodega, did you buy one of these? No, I thought not.

Posted by: daveinbedstuy at April 28, 2009 11:37 AM

That bay ridge house is super cool looking.

These are relatively low numbers for the "biggest sales" post ... no, I'm not saying anything about the economy, just commenting that it's a light week, as such things go. Nothing even over two million.

Posted by: cwbuecheler at April 28, 2009 11:37 AM

Have you walked by there Snark? The building is gorgeous and it's right up against the back garden of the Brooklyn Conservatory of Music, which is really beautiful also.

I remember lechacal said he'd be interested in one of these 3 bedrooms if they got down below a million. Seems like they're awful close.

With prices like this on such a special building, it's easy to see why they've had so much trouble at the Vermeil.

If I ever wanted to buy a larger place down the road and can afford it, I'd buy a unit in The Lincoln.

Posted by: 11217 at April 28, 2009 11:38 AM

Yeah, I really like that Bay Ridge house too. Very unique.

Posted by: 11217 at April 28, 2009 11:40 AM

that Bay Ridge house looks way bigger than 2,650 sq ft, no?

Posted by: the chicken at April 28, 2009 11:40 AM

That place is great. I live on the street, so I am bias, but I love my street! That garden is beautiful and the building is so charming. I can't tell you anything about the units, but it is a lovely area and a fantastic building. The access to subway is great as well. It takes me 35 minutes (door to door) to get to work in midtown because of the Q/B.

Posted by: LincolnSlope at April 28, 2009 11:43 AM

That's a really impressive number for the Carroll St house. I don't think they'd have gotten more than that at the peak.

Posted by: Smudge at April 28, 2009 11:43 AM

p.s. In Streeteasy, it says that unit 1A at 153 Lincoln Place sold for 1 million even. I'm not seeing where it says 1,018,250.

In any case, that would be odd, wouldn't it....one dollar less would have avoided the mansion tax, yes?

Posted by: 11217 at April 28, 2009 11:43 AM

LincolnSlope: You live on one of the most beautiful blocks in PS, that's for sure. The access on the Q/B or 2/3 is fantastic from the area. Took me 20 minutes to get to Union Square this morning for a meeting. Door to door.

Posted by: 11217 at April 28, 2009 11:47 AM

Why does Street Easy list 1A as sold for $1mm and not $1.018mm?

Posted by: LincolnSlope at April 28, 2009 11:48 AM

I've made no secret of my love for the Lincoln Brothel. It's worth mentioning also that some of the units have a view into the Olive Vine's backyard patio ... you could leave amusing messages in your window for the customers to read. :P

Posted by: cwbuecheler at April 28, 2009 11:49 AM

That isn't the nicest unit at the brothel, if I remember right. It's at the front on the ground floor, and not very private. Think it's an OK price based on square footage - others in the building are priced higher per sq ft.
The larger units at the back of the building are nicer and have some outdoor space (but more expensive still). I liked the finishes in the apartments, but they did a cheap job on the common areas. Also I understand the building will only have a part-time super. All in all I would consider it but think their prices need another cut.

Posted by: etson at April 28, 2009 11:50 AM

Etson: What you say makes sense because when I walked by over the weekend, people were definitely living in the ground floor unit in the front. I thought the windows were high enough from ground level to make it pretty private though. No less private than any of the garden or parlor levels of the brownstones on the block.

Would a brand new gut renovation like this really require a full time super? Perhaps that's something that can be phased in later as more problems arise...

Posted by: 11217 at April 28, 2009 11:54 AM

I just thought that the common charges were high enough that I would expect a full time super for that. I am pretty impractical and so I could probably use one more than most people!

Posted by: etson at April 28, 2009 12:01 PM

The unit which sold was 1600 sf with common charges of $1349 a month. I always thought that anything under $1 psf was considered pretty good for a building with no doorman, but I see your point. That's a large chunk of change every month in addition to the mortgage.

Posted by: 11217 at April 28, 2009 12:05 PM

@smudge

I agree, Carroll St in Gowanus seems high. But the corco listing says "has additional FAR to build more." I reckon that's a factor in the high price.

Posted by: phripley at April 28, 2009 12:13 PM

> "Have you walked by there Snark?"

Oh yeah, many times. I love the look of that place. Wish I had the scratch.

Posted by: SnarkSlope at April 28, 2009 12:16 PM

the Bay Ridge house is tacky looking.
Looks like someone went overboard with the white foamboard Georgian colonial ornament.

Posted by: mcKenzie at April 28, 2009 12:17 PM

UM WHAT?
to the Gowanus House
1.45mil
wow...wow....wow
am in shock
a 3 story house in Gowanus sells for 1.45
what was is listed at??

Posted by: gemini10 at April 28, 2009 12:20 PM

I think the Lincoln Place brothel, while an excellent product, suffers a bit from the very nature of what makes them cool. The layouts seem to have a tremendous amount of lost space because of the angles and features of the overall structure. Lots of "storage areas" and cutouts in the rooms make the places not feel quite their full square footage. Possibly that is also why the maintenance charges "feel" high.

Posted by: Ledbury at April 28, 2009 12:22 PM

Oh yes, one thing I forgot re the maintenance at 153 Lincoln(I saw the apmts in Feb). I was assuming that the current levels include an abatement and so the 'real' level is higher (may not be an issue now, but would be in selling the place in a few years).
Was not serious enough to go through the full prospectus at that point, so happy to be corrected if that assumption is wrong.

Posted by: etson at April 28, 2009 12:26 PM

mcKenzie - We can't all be fans of big brick shoeboxes. :)

Posted by: cwbuecheler at April 28, 2009 12:28 PM

I would like a broken, swan's-neck-pediment on my shoe box please. Size 6 narrow, with matching eensy-weensy shutters.
easy on the quoins, but throw in a couple of oeil-de-boeufs.

Posted by: mcKenzie at April 28, 2009 12:38 PM

At $708/month for taxes doesn't seem as if there is an abatement. That 8K a year for a 3 bedroom condo.

Posted by: DeLepp at April 28, 2009 12:41 PM

The Bay Ridge house is just a 1930s Colonial. It has more trim than most, which looks nice.

Posted by: mopar at April 28, 2009 1:51 PM

Bay Ridge house buyer RE Broker.

Posted by: shchune at April 28, 2009 1:55 PM

>> what was is listed at??

Google cache has a Corcoran listing with the price at $1.495M.

Posted by: Smudge at April 28, 2009 1:58 PM

I know I like one thing about that Bay Ridge house - DRIVEWAY!

Posted by: italiana71 at April 28, 2009 2:00 PM

Ledbury is spot on w/r/t the old whorehouse. I love the building and love the block but the units themselves are really lacking when it comes to layout, window placement, etc.

Posted by: lechacal at April 28, 2009 2:23 PM

Are ya kidding me with the Carroll Street house? Additional FAR or not. $1.45 million for only 2,160 square feet (per StreetEasy) between Hoyt and Bond?! Ridiculously overpaid.

Posted by: CarrollGardner at April 28, 2009 2:30 PM

That carroll st place is nice, I saw it. The place a few houses down the block from the Carroll Gardens landmark district, what's with the Gowanus label?

Can we agree Gowanus starts at the canal and continues eastward to 4th ave?

Anyway, the house was in move in condition.

Posted by: stuntmanmike at April 28, 2009 3:02 PM

"Can we agree Gowanus starts at the canal and continues eastward to 4th ave?"

I'd say Gowanus also extends at least one block west of the canal, and probably two.

When the warehouses stop, you're out of Gowanus.

Posted by: cwbuecheler at April 28, 2009 3:22 PM

>> Can we agree Gowanus starts at the canal and continues eastward to 4th ave?

Not unless we're all brokers...

Posted by: Smudge at April 28, 2009 3:27 PM

11217 - just saw your note that I had said I would be interested in one of the 3 beds on Lincoln at less than a million. In theory that's still the case, although it looks like we may officially be taking the PS 282 catchment area (and with it Lincoln, Berkeley and other great streets) out of our search area. We're probably going to be focusing more on center slope from here on. Mrs Jackal has finally convinced me that we don't want to send the kids to PS 282 and I just can't justify the added cost of private school (x3 kids) on top of north slope prices, even assuming they come back down to Earth. In theory I would actually prefer to live more or less where we are now and send the kids to private school but there just isn't a real estate price differential to support that decision.

Posted by: lechacal at April 28, 2009 3:42 PM

Totally understandable, Lechacal. I've only recently been more "up" on the school situation in the neighborhood since I've had a few people I know move to PS with school age children recently, and they've all done a TON of research and I can't recall anything negative being said about PS. 282. In fact, they seemed to suggest that 282 actually has a few benefits over 321...one of which was that it's not nearly as overcrowded. I also thought that they had a good music and art program in addition to their heavy on the math and science stuff...

Any reason why your wife isn't so keen on 282?

I obviously don't know anything about the schools firsthand...I'm only picking things up from others...you all have surely done the research yourselves...

I'm really just curious.

Posted by: 11217 at April 28, 2009 3:53 PM

I don't really have a problem with 282, but my knowledge is also limited to what they say in books about NYC schools (which would lead one to conclude that there is no problem sending one's kids there). Mrs Jackal has formed a pretty negative view based on how the kids act with each other on the playground and how the teachers interact with the kids. More yelling, aggressive behavior, etc. than some other schools. There is clearly a different socio-economic and racial make-up at 282 than 321 and some other local schools and it can be a pretty hot button for someone to say they are uncomfortable with how kids at 282 act when that can easily be misinterpreted as classism and/or racism. The discussion in the Jackal household is still very much a live one, as I don't want to exclude the area where we currently live, which I really love, from our search. I have to admit I find it difficult to say I don't want to send my kids to 282 without feeling a guilt instilled in me by my liberal white upper middle class ex-hippie parents (but doesn't that pretty much describe most of the people who lie about their address to send their kids to 321 instead of 282, even while they claim to be progressive, liberal, etc? ahhh the classic irony of white american liberalism...but I digress).

Posted by: lechacal at April 28, 2009 4:08 PM

my husband went to 282 and loved it and wishes to send our kids there one day and notes that 321 was actually "the bad school" years ago.
but then again - he's black and that was 22 years ago

Posted by: gemini10 at April 28, 2009 4:20 PM

Thanks gemini: I am very interested in anything that anyone can add by way of actual experience with 282.

Posted by: lechacal at April 28, 2009 4:22 PM

he also likes to claim he was part of the "G&T" (gifted and talented) bunch! - whateves
but seriously - he praises the school from actual experience but I think when you are a kid your idea of a good school might differ from that of your parent ;)

Posted by: gemini10 at April 28, 2009 4:29 PM

I plan on having a G&T as soon as the kids go to sleep tonight. ;)

Posted by: lechacal at April 28, 2009 4:31 PM

haaaaaaaaaaaaaaaaaaaa
good one

Posted by: gemini10 at April 28, 2009 4:33 PM

Is there a way to look at the pics on that Gowanus house? Corcoran covered it with that big sold sign.

Posted by: JAE at April 28, 2009 5:51 PM

http://www.corcoran.com/property/PhotoTour.aspx?Region=NYC&ListingID=1321589

You can still click "View all photos" on that page.

Posted by: Smudge at April 28, 2009 8:12 PM

Lechecal, I was recently told an amusing story about someone who lied to get her daughter into the "good" cachement in Park Slope for middle school and then dismayed to discover the kids were all let out at lunchtime, where apparently, at least according to anecdote, most of them headed straight to the park to get stoned. That kind of goes in line with my own experience of liberal hippie-parented childhood, so I am inclined to believe it's true.

I think a little yelling on the playground is preferable, but that's just me. You know, I hate pot and stuff.

Posted by: Heather at April 28, 2009 8:19 PM

i saw the gowanus/CG house about 2 months ago...i live about 4 blocks away and wanted to know what mkt looked like...it was listed at $1.45 then and i believe that price was reduced from a few months earlier...there's an incredibly awkward addition already on house that results in a foot or so difference on the first floor...u enter thru basement...the place is small with a lot of dead hallway space...there was 1 tenant on top floor-she couldn't be paying more than $1,500.....the addition looked awful....across the street is a stop and go condo project that the Corcoran rep conceded wasn't too popular w/ some of the immediate locals...i too am shocked that this place traded at $1.45 but i've said it before in this price range(maybe $1.2 to $1.8) u could probably look at 50,000 co op/condos in Manhattan or maybe 15-25 houses between atlantic ave and huntington....between hicks and 4th ave...go on line, buy the sunday nyt, hit a few realtors up or better yet ride a bike around here....THERE'S NOT A LOT OF HOUSES ON MKT AROUND HERE

Posted by: bklyn14 at April 28, 2009 9:45 PM

bklyn14 - I don't know, inventory seems to be creeping back up, even with houses. We are noticing more houses coming on the market, and many, many houses that are not budging at current prices (even after a few price cuts, since the prices are still way too high).

RE: the school debate - it's been discussed here many times, but 282 is generally a more traditional school, which from what I've heard/read from those who've gone there, means an emphasis on discipline and a more rigid definition of academics. A school like 321, while it takes academics very seriously, also spends a huge amount of effort on promoting social skills, fostering community, etc. Academically, I think 321 and indeed many of the District 15 schools (39, 107, 10, etc), put enormous resources into professional development and are always on the lookout for ways to improve their curriculum with the latest best practices.

Posted by: Miss Muffett at April 28, 2009 10:08 PM

> "Is there a way to look at the pics on that Gowanus house?"

Adjust the width of your browser and the "sold" sign will move out of your way.

Posted by: SnarkSlope at April 29, 2009 10:27 AM

It really is amazing how many ‘experts’ there are on this site.
First of all, this block is Carroll Gardens.
Second of all, the rent was $2300/month. ($1500? 6 years ago)
Third of all, yeah it was a good price but it is a good house.
Where people get their information is a mystery to me.
I lived in this neighborhood for over 40 years. I love it, it’s a great place to raise your kids and you pay for that.
I am moving on and will miss this house.
Be positive and maybe this market will slowly recover, be negative and you will only help the downfall.
Brooklyn is like no other place in the world.

Posted by: inthecountyofkings at April 29, 2009 11:14 AM

« The Love Chapel Now For Sale Condo of the Day: 320 Washington Avenue, #1B »

April 28, 2009

Last Week's Biggest Sales

Trackback Pings

Comments

Post a comment

Latest Restaurant Additions