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September 10, 2009

Brooklyn Sales: Under a Million

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Some of the sales recorded last week that went for $1 million or less:

$250K or under: BROOKLYN HEIGHTS
142 Hicks Street, #5C; Price=$199,000 GMAP
This 300-sf studio co-op was originally listed for $225,000 in February, according to StreetEasy. Entered into contract on 7/7/09; closed on 8/27/09; deed recorded on 8/31/09.

$250-$500K Range: CLINTON HILL
312 St. James Place, #3A; Price=$458,000 GMAP
This 800-sf, 2-bedroom condo in a conversion was asking $533,000 when it was first listed in March, and last asking $475,000 in June, says StreetEasy. Entered into contract on 7/15/09; closed on 8/26/09; deed recorded on 9/3/09.

$500-$750K Range: SUNSET PARK
757 58th Street; Price=$750,000 GMAP
This is a 3,072-sf, 2-family, according to Property Shark. Entered into contract on 6/1/09; closed on 8/26/09; deed recorded on 9/3/09.

$750K-$1 Million Range: CARROLL GARDENS
95 Summit Street; Price=$900,000 GMAP
This is a 2,970-sf 3-family with a ground-floor commercial space, according to Prop Shark. Entered into contract on 3/13/08; closed on 8/18/09; deed recorded on 8/31/09.

Photos from Property Shark and StreetEasy.




Posted by Gabby at 11:00 AM | Comments (10)
Categories: Sales

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Re: $750K-$1 Million Range: CARROLL GARDENS
95 Summit Street; Price=$900,000

Wow, I didn't think entire townhouses went for that low of a price, until I looked at the map. It's on the "wrong" side of the BQE.


BROWNSTONER:

Might I suggest using/linking onnyturf.com subway/gmap mash-up instead of the regular gmap? People get a much better sense of where the subways are in relation to a particular location.

e.g.:
http://www.onnyturf.com/subway/?Address=95%20summit%20street%2C%20brooklyn

Posted by: CookieCutterBrownstone at September 10, 2009 11:24 AM

Cookie: I don't consider myself an authority on these sorts of things, but the price on that Carroll Gardens place looks surprisingly low even considering the location. It also took a year and 1/2 from contract to close, so maybe something else is going on?

Posted by: bivouac at September 10, 2009 11:29 AM


$200,000 for 170 sq ft of living space!!

I guess it works out to be about $1300 or 1400 a month, so I guess that's not too bad... AARGH!

OK. No. That's not acceptable.

Posted by: tybur6 at September 10, 2009 12:47 PM

BTW, the dimensions for the BH place only add up to 271 sq ft, including the "foyer" and the crapper...

Posted by: tybur6 at September 10, 2009 12:52 PM

200K is cheap for that place.

People pay way more than $1300 or 1400 a month to share a room in a 2 bedroom apartment.

And it actually works out to $1270 a month, which includes the maintenance.

Great deal for someone who wants to live alone in a good neighborhood and end up with something to show for it down the line.

When you get back the few grand at tax time from the mortgage interest deduction, you've got a sweet little pad AND a trip to Greece.

Posted by: 11217 at September 10, 2009 12:59 PM

"you've got a sweet little pad AND a trip to Greece."

are you being sarcastic?

Posted by: bitter_bubble_buyer at September 10, 2009 1:27 PM

I'm not being sarcastic.

From the refunds I've received from the past couple years from owning my place, I saved enough money to buy a vacation property.

People who rent seem to have no idea about how the mortgage interest deduction works. It's significant money.

Posted by: 11217 at September 10, 2009 1:56 PM

omfg do you ever stop bragging blair?

*rob*

Posted by: Butterfly at September 10, 2009 2:46 PM

Do you ever stop being riddled with jealousy and envy?

Why don't you work a little harder instead of spending all day on a blog?

I haven't had anything handed to me...I WORK FOR IT!

You should try it sometime instead of whoring yourself out to any blog who will take you.

Or not, I really don't care.

Posted by: 11217 at September 10, 2009 2:54 PM

"omfg do you ever stop bragging blair?"

I second that!

Posted by: qis4quincy at September 10, 2009 6:44 PM

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