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« Commercial Klutch: June Edition Open House Picks »

June 26, 2009

Open House Picks: Six Months Later

Because of the Christmas Holiday six months ago, there's no Open House Picks: Six Months Later post today. Any recent sales that have caught your eye?




Posted by Brownstoner at 12:39 PM | Comments (10)
Categories: Open Houses, Six Months Later

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Foreclosure: http://www.streeteasy.com/nyc/sale/408666-multi-182-13-st-gowanus-brooklyn

According to Property Shark, it sold for $793k last year.

Posted by: Smudge at June 26, 2009 2:00 PM

how does that foreclosure thing work? does it go to auction? or can you just get it for this asking price? does it have to be all cash?

Posted by: funkymonkey at June 26, 2009 2:08 PM

134 South Oxford sold for $ 1.1 million

Posted by: fetyre at June 26, 2009 2:08 PM

134 South Oxford sold for $ 1.1 million

Posted by: fetyre at June 26, 2009 2:09 PM

No sales of interest, but as for contracts signed I heard that 100 Nevins (Open House pick on Oct 31 and followed up on on May 1) was in contract for close to 1.2M, or 1/3 off its ask this spring. It's an unusual layout IIRC, so I am not sure if that price level will be followed in the rest of the neighborhood.

Posted by: Boerumresident at June 26, 2009 2:13 PM

anyone know anything about the foreclosed house being sold by Brown Harris Stevens at 416 Pacific St.? They're still listing it for $1,995,000!

Posted by: pacJ at June 26, 2009 3:07 PM

The exclamation point regarding 416 Pacific is included b/c it appears the place has been gutted; no pipes, electrical wiring, some broken windows (pigeons now live in there)

Posted by: pacJ at June 26, 2009 3:09 PM

416 Pacific is a tough price given that 398 Pacific (or is it 400) is also at the same price and shows much nicer evne though it too needs work -- plus there is the possibility of negotiating in the extra lot.

Also across the street from 416 there is at least one house in far better condition asking $2.475. (I think there is another in that range as well, but I can't find the other listing right now). Personally I think that is also 20-30% over where it should be.

Given that 416 has to be $800K of renovations (minimum), it would seem that it should be asking $1.6 at most and then go down from there.

Posted by: Boerumresident at June 26, 2009 3:33 PM

funkymonkey you can go to an auction or you can buy a foreclosed property like normal thorugh a broker that deals in them. They're in the regular realtor.com listings.

Posted by: mopar at June 26, 2009 6:10 PM

Someone please buy this sad little house and fix the porch, it hurts me to see it looking so sad.

http://www.brooklynproperty.com/content/ProDetails.aspx?pid=28

Posted by: ennuiater at June 27, 2009 10:50 AM

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