Last Week's Biggest Sales

big%20sales%2010-12.jpg

1. MIDWOOD $2,036,500
1028 East 9th Street GMAP (left)
This is a 2,288-sf, single-family, according to Property Shark. Entered into contract on 4/13/09; closed on 4/30/09; deed recorded on 5/8/09.

2. MIDWOOD $1,500,000
1127 East 17th Street GMAP (right)
A 3,419-sf, single-family house, per Property Shark. Entered into contract on 11/14/08; closed on 4/30/09; deed recorded on 5/7/09.

3. DOWNTOWN BROOKLYN $1,375,000
306 Gold Street, Unit 41F GMAP
This sale in the Oro condo included two storage spaces. The 3-bed, 3-bath unit was originally listed for $1,660,000, according to StreetEasy. Entered into contract on 10/24/08; closed on 4/24/09; deed recorded on 5/7/09.

4. SHEEPSHEAD BAY $1,277,903
3112 Emmons Avenue, Unit 4 GMAP
A condo plus a parking space in The Breakers development. Entered into contract on 2/8/08; closed on 2/24/09; deed recorded on 5/7/09.

5. SOUTH SLOPE $1,250,000
317 Prospect Avenue GMAP
This two-family last sold for $760,000 in 2007, according to Property Shark. It was originally listed for $1.425 million last September. The price was cut a couple of times, until it was asking $1,265,000 in December. Entered into contract on 12/18/08; closed on 2/26/09; deed recorded on 5/7/09.

Photos from Property Shark.

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Comments

Seems purse strings opened up after last week.

Posted by: daveinbedstuy at May 12, 2009 11:38 AM

Despite the price cuts, the South Slope sale looks pretty strong, considering the economy. Bought in 2007 for $760,000 and sold for $1,265,000 in December. Not bad.

Posted by: Biff Champion at May 12, 2009 11:38 AM

Not my favorite location, but the Prospect Place house had a sweet modern reno. Looks like they gutted and tarted the place up good, hence the big price jump since the previous sale.

Posted by: SnarkSlope at May 12, 2009 11:45 AM

Yeah -am shocked by that South Slope House
1.265 is A VERY GOOD PRICE! it looks to be a full reno job which helped that sale price
Prospect Avenue isn't very ideal as it's a 2 way road with tight parking.

Posted by: gemini10 at May 12, 2009 11:47 AM

The south slope house was a solid renovation. Not super high end, but very livable- nice ikea kitchen, sliding glass doors to the back, good bathrooms and good layout for the rental on the ground floor. Think that area of the South Slope is a good spot- although as people mention, prospect is a busy street.

Posted by: Park Place at May 12, 2009 12:08 PM

people are paying high dollar to live on flatbush ave...

Posted by: bklynite at May 12, 2009 12:09 PM

So was driving by the Oro the other day and frankly was shocked anyone would want to live in that building.am sure it's swanky inside etc etc
but the surrounding nabe pretty much has nothing. The base of the building sits on Flatbush at the base of the Manhattan bridge and Prince/Myrtle - correct?
Just strange to me

Posted by: gemini10 at May 12, 2009 12:09 PM

Midwood / E 7th St. was quick and expensive - entered into contract on 4/13/09; closed on 4/30/09. What's the deal there, is it one of those blocks near the right synagogue ?

Posted by: Bklnite at May 12, 2009 12:13 PM

Just looked at the pics of the South Slope home. I'm not crazy about the facade and sounds like the location isn't prime, but it's a decent reno. And the backyard looks like a great spot for kids to run around in.

Posted by: Biff Champion at May 12, 2009 12:22 PM

The deal with East 7th Street is that it works out to $439 a square foot. It's a big, nice looking house, on a big lot. It's right across the street from Midwood Field. This area is predominantly Orthodox and there are many synagogues in the area, but it's not where the Syrian Jews live.

Posted by: Sparafucile at May 12, 2009 12:42 PM

My comment was about the East 17th Street house. East 9th Street is a little harder to explain.

Posted by: Sparafucile at May 12, 2009 12:44 PM

Yeah, my typo, I meant E9th st. - a quick sale at more like $900/sf. !?

Posted by: Bklnite at May 12, 2009 12:53 PM

Last week, most Biggest Sales were under a million. Now Brooklyn realestate prices have doubled within a week. Housing bust over!

Posted by: basementalist at May 12, 2009 1:18 PM

I'm thrilled that architect J.H. and his wife who is a designer finally sold the house on Prospect. Breathing a sigh of relief for this very nice young (ish) couple.
Congrats, Kids!

Posted by: BrooklynGreene at May 12, 2009 2:43 PM

There are more than a few McMansions in Ashkenazi territory - Borough Park has a strip of faux-chateaux, there are others to be found in Midwood proper, in the Brooklyn College area, just outside South Midwood/Victorian Flatbush territory (where the E. 17th St house is). Homes are not on the same scale as those constructed by the Sephardic community, but there is wealth and one-upmanship in other Orthodox communities, too.

Posted by: Architerrorist at May 12, 2009 2:49 PM

Often the homes purchased in midwood are totally knocked down and then they will build something even larger that takes up any available backyard space.

Posted by: eh at May 12, 2009 3:06 PM

« Price Cut at 355 Degraw Street Co-op of the Day: 38 Livingston Street, #54 »

May 12, 2009

Last Week's Biggest Sales

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