Sales
November 6, 2009
85 State's Roller Coaster Ride
The pricing of 85 State Street in Brooklyn Heights sure has been interesting to watch, and now that the renovated five-story townhouse's sale for $3.4 million has been recorded in public records, a trip down memory lane seems in order:
9/2005: The house trades hands for $2.5 million in an estate sale.
3/2006: Only 6 months later, the 5,000-sf property flips for $3.2 million to a developer.
1/2007: The house is placed on the market by Corcoran for $5.8 million.
5/2007: Brown Harris Stevens takes over the listing and prices it at $5.95 million.
1/2008: The listing jumps to Halstead and is priced at $5.75 million.
2/2009: A series of price cuts brings the asking down to $4.2 million.
6/2009: Warburg takes over marketing but doesn't cut the price further. Listing now says: "Offered at less than cost! Stunning XXX mint Brooklyn Heights townhouse...the home has just undergone a complete renovation from top to bottom."
10/2009: The house finally sells for $3.4 million.
House of the Day: 85 State Street [Brownstoner] GMAP
85 State Street [StreetEasy]
EDC's Deal for Wonder Wheel Park Goes Through
The Economic Development Corporation's purchase of the Coney Island land that Wonder Wheel Park sits on was recorded in public records yesterday. The EDC announced it had gone into contract with the property's owner, Ward Realty, last year, and that it would pay $11 million for the parcels, but the purchase price ended up being $9.75 million. According to an EDC spokeswoman, the Ward family agreed to reduce the purchase price in exchange for closing at an earlier date. In a press release about the purchase last year, the EDC said that Wonder Wheel Park would remain a tenant on the site through 2020 and that "the deal is the first of what NYCEDC expects to be a series of land acquisitions in the coming months as the City proceeds with its vision to create a 21st century entertainment destination and protect Coney Island’s amusement legacy in perpetuity."
Deed: 1025-27 Boardwalk West, 1102 Bowery, 3001 Jones Walk [ACRIS] GMAP
Photo by OMG! Ponies!
November 5, 2009
Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less:
$250K or under: CLINTON HILL
195 Willoughby Avenue, #109; Price=$165,000 GMAP
The listing for this co-op said it's a 450-sf, 1st floor studio. It was asking $199,000. Maintenance=$335/month. Closed on 10/27/09; deed recorded on 10/29/09.
$250-$500K Range: COBBLE HILL
200 Congress Street, #5C; Price=$475,000 GMAP
This 725-sf, 1-bedroom co-op was listed for $499,000 in June. Maintenance=$678/month. Closed on 10/14/09; deed recorded on 10/29/09.
$500-$750K Range: SOUTH SLOPE
421 17th Street; Price=$700,000 GMAP
This 972-sf house was listed for $799,000 in late May, according to StreetEasy. Property Shark says it last sold for $450,000 in '04. Entered into contract on 8/13/09; closed on 9/1/09; deed recorded on 10/30/09.
$750K-$1 Million Range: SUNSET PARK
551 57th Street; Price=$780,000 GMAP
This is a 3,072-sf, 2-family, according to Property Shark. Entered into contract on 7/24/09; closed on 10/9/09; deed recorded on 10/26/09.
Photos from Property Shark.
November 4, 2009
Rate It: 513 MacDonough Street Sells for $420,000
This three-story, three-family brick townhouse at 513 MacDonough Street just sold for $420,000. GMAP
November 3, 2009
Last Week's Biggest Sales
1. PARK SLOPE $1,695,000
247 6th Avenue GMAP (left)
A 3,420-sf, 3-family, per Property Shark. Entered into contract on 7/14/09; closed on 10/15/09; deed recorded on 10/28/09.
2. GRAVESEND $1,500,000
1710 East 5th Street GMAP (right)
This 2-family house on the Gravesend-Midwood border hit the market in May '07 asking $4,250,000, according to StreetEasy, and was asking $2,699,000 as of May '08. Entered into contract on 9/30/09; closed on 10/26/09; deed recorded on 10/27/09.
3. BROOKLYN HEIGHTS $1,415,000
One Brooklyn Bridge Park, #540 & T8 GMAP
Condo unit 540 at 1BBP is a 1,709-sf, 3-bedroom that was last asking $1,295,000, according to StreetEasy. The sale included a second "condo unit without a kitchen," #T8, but it's unclear from listings what that is. Entered into contract on 8/31/09; closed on 10/14/09; deed recorded on 10/29/09.
4. BRIGHTON BEACH $1,300,000
253 Corbin Place GMAP
A 3,048-sf, 2-family house, according to Property Shark. Entered into contract on 8/12/09; closed on 10/23/09; deed recorded on 10/29/09.
5. MIDWOOD $1,250,000
3403 Bedford Avenue GMAP
This 4,070-sf 2-family was listed for $1,499,000. Entered into contract on 5/5/09; closed on 8/12/09; deed recorded on 10/29/09.
Photos from Property Shark.
November 2, 2009
Widget Falls Way Short on South Oxford
Another reason we wish our programmer would finish the updated version ye olde widget: This one-bedroom at 60 South Oxford Street in Fort Greene was listed for $399,000. 58 readers weighed in on the price via the widget, with an average vote of $306,250. Once again the widget (and the seller) have the last laugh: The co-op just sold for $375,000. We're definitely a little surprised at how high a price this one fetched. You? GMAP
October 29, 2009
Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less:
$250K or under: PARK SLOPE
130 8th Avenue, #5H; Price=$250,000 GMAP
This 400-sf studio co-op was listed for $289,000 in May, according to StreetEasy. Maintenance=$551/month. Closed on 10/1/09; deed recorded on 10/22/09.
$250-$500K Range: FORT GREENE
155 Lafayette Avenue, #3D; Price=$382,500 GMAP
A 723-sf, 1-bedroom co-op, says StreetEasy. Maintenance=$737/month. Closed on 10/13/09; deed recorded on 10/22/09.
$500-$750K Range: BEDFORD-STUYVESANT
652 Jefferson Avenue; Price=$600,000 GMAP
This 2-family brownstone was listed for $599,000 in March. Entered into contract on 8/18/09; closed on 10/15/09; deed recorded on 10/21/09.
$750K-$1 Million Range: GREENPOINT
196 North Henry Street; Price=$887,500 GMAP
This 2,334-sf, 3-family was listed for $939,000. Entered into contract on 7/31/09; closed on 9/7/09; deed recorded on 10/22/09.
Photos from Property Shark.
October 27, 2009
Last Week's Biggest Sales
1. MILL BASIN $2,850,000
2235 East 66th Street GMAP (left)
According to a listing, this house is 12,096 (!) square feet and was asking $5 million. Entered into contract on 9/22/09; closed on 9/22/09; deed recorded on 10/21/09.
2. PARK SLOPE $2,400,000
178 8th Avenue GMAP (right)
When this single-family was a House of the Day in May, it was listed for $2,995,000. The reader widget guesstimate for its selling price, $2,382,103, was pretty close to the mark. Entered into contract on 8/11/09; closed on 10/14/09; deed recorded on 10/21/09.
3. PARK SLOPE $1,975,000
458 2nd Street GMAP
This 4-story townhouse was listed for $2,235,000 in April, according to StreetEasy. Entered into contract on 9/15/09; closed on 10/6/09; deed recorded on 10/19/09.
4. MANHATTAN BEACH $1,700,000
118 Hastings Street GMAP
A 3,908-sf, 2-family, according to Property Shark. Entered into contract on 12/22/08; closed on 8/11/09; deed recorded on 10/23/09.
5. PROSPECT PARK SOUTH $1,600,000
1306 Albemarle Road GMAP
This sprawling Victorian Flatbush beauty was on the market for a long time. The 15-room manse was a House of the Day in September '07, when it was listed for $2,595,000. By the time it was an Open House Pick this May, the price was down to $1,895,000. While the house sold for quite a bit less than it was initially asking, this still has to be one of the biggest sales ever in Prospect Park South. Entered into contract on 7/10/09; closed on 10/15/09; deed recorded on 10/23/09.
8th Avenue photo from Property Shark; Mill Basin photo from Realtor.com.
October 23, 2009
20 Clifton Place Sells, Kicks Widget's Ass
The widget underprices again! We've gotten used to the pricing widget being off by 10 to 15 percent, but in the case of 20 Clifton Place, a three-family in Clinton Hill that was on the market last spring for $899,000, it was off by 20 percent. The average reader prediction was for a selling price of $679,708 and the house closed on September 24 for $850,000. Quite a difference! Meanwhile next door, 22 Clifton Place, which never was a House of the Day, also closed last month for $1,200,000, quite a bit below what it was asking when it was an Open House Pick back in 2007 and in 2008.
House of the Day: 20 Clifton Place [Brownstoner] GMAP
October 22, 2009
Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less:
$250K or under: BAY RIDGE
7423 Ridge Boulevard, #1H; Price= $125,000 GMAP
This studio was listed for $135,000 in April, according to StreetEasy. Maintenance=$369/month. Closed on 10/9/09; deed recorded on 10/16/09.
$250-$500K Range: PARK SLOPE
943 President Street, #2R; Price=$460,000 GMAP
This 2-bedroom co-op was first listed for $549,000 last September. Its price was cut a couple times, and it was last listed for $475,000 in May. Maintenance=$659/month. Closed on 10/6/09; deed recorded on 10/14/09.
$500-$750K Range: KENSINGTON
246 East 5th Street; Price=$729,000 GMAP
This 1,772-sf house was flipped by a seller who bought it for $375,000 in an estate sale earlier this year, according to Property Shark. The sellers renovated, according to the house's listing, and were initially asking exactly what the property sold for. Entered into contract on 7/30/09; closed on 10/7/09; deed recorded on 10/16/09.
$750K-$1 Million Range: WINDSOR TERRACE
8 Fuller Place; Price=$900,000 GMAP
This 1,452-sf, single-family was listed for $1,275,000. Entered into contract on 6/29/09; closed on 10/7/09; deed recorded on 10/16/09.
Photos from Property Shark.
October 20, 2009
Last Week's Biggest Sales
1. PARK SLOPE $2,350,000
567 1st Street GMAP (left)
When this 5,352-sf brownstone was a House of the Day a year ago, it was listed for $2,989,000. (It was initially priced at $3,489,000 last summer.) By the time it was an Open House Pick in July, it was asking $2,595,000. The transaction was an estate sale. Entered into contract on 8/1/09; closed on 9/21/09; deed recorded on 10/13/09.
2. PARK SLOPE $1,700,000
383 1st Street GMAP (right)
This house hit the market in October '08 asking $1,995,000 and was pitched as follows: "Attention Investors-Perfect Condo Conversion Opportunity! Add your own special touch to this 4 story 4 Family Limestone in PRIME center Slope! An architect's dream- 19.75 X 60 on a 19.75 X 100 Lot." Entered into contract on 5/19/09; closed on 9/30/09; deed recorded on 10/16/09.
3. DUMBO $1,460,000
70 Washington Street, #4R GMAP
This 1,656-sf, 2-bedroom loft was first listed for $1,675,000 in May, according to StreetEasy. Entered into contract on 8/20/09; closed on 9/30/09; deed recorded on 10/15/09.
5. WILLIAMSBURG $1,200,000
72 Berry Street, #6B GMAP
A 1,621-sf unit in the Mason-Fisk condo building, according to StreetEasy. It was listed for $1,375,000. Entered into contract on 4/1/09; closed on 10/7/09; deed recorded on 10/16/09.
5. SHEEPSHEAD BAY $1,200,000
1029 Crawford Avenue GMAP
StreetEasy says this 1-family was listed for $1,650,000 in the spring. Entered into contract on 4/1/09; closed on 9/23/09; deed recorded on 10/16/09.
Photos from Property Shark.
Some Traction at One Brooklyn Bridge Park?
Some sales news about One Brooklyn Bridge Park, via Curbed...A press release from the development's marketing team suggests that the recent round of large price cuts may be having the desired effect: "In less than one month, the building has signed 12 new contracts and eight contracts out." Not too shabby.
October 15, 2009
Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less:
$250K or under: BROOKLYN HEIGHTS
70 Clark Street, #2B; Price=$220,000 GMAP
This "spacious" studio was listed for $225,000 in June, according to StreetEasy. Maintenance=$504/month. Closed on 10/2/09; deed recorded on 10/8/09.
$250-$500K Range: WILLIAMSBURG
72 Berry Street, #6A; Price=$456,300 GMAP
A 626-sf, 1-bedroom condo in Williamsburg success story Mason Fisk. Entered into contract on 4/3/09; closed on 9/23/09; deed recorded on 10/6/09.
$500-$750K Range: BEDFORD-STUYVESANT
208 Hancock Street; Price=$570,000 GMAP
This 3-family, 3,600-square-footer was a House of the Day twice: First in August '08, when it was listed for $859,000 and then last October, when the price was down to $799,000. Entered into contract on 5/15/09; closed on 9/30/09; deed recorded on 10/8/09.
$750K-$1 Million Range: CROWN HEIGHTS
691 St. Johns Place; Price=$815,000 GMAP
This limestone 3-family was listed for $869,000 when it was a House of the Day in March. Entered into contract on 7/7/09; closed on 9/23/09; deed recorded on 10/7/09.
Clark Street and St. Johns Place photos from Property Shark.
Closings and Move-Ins at 420 Classon Avenue
After a lengthy delay for much of this year, people are finally living at 420 Classon (aka The Hawthorne), the affordable housing conversion brought to you by the Pratt Area Community Council. We noticed that the first three closings hit public records last month, and a PACC rep told us that six families have already moved in. Another five are expected to move in over the next two months.
420 Classon Avenue Almost Ready for Lucky Winners [Brownstoner]
420 Classon Avenue: Waiting for the Lottery Results [Brownstoner]
Lottery for 420 Classon Avenue Kicks Off [Brownstoner] GMAP
Development Watch: Windows for 420 Classon Avenue [Brownstoner]
Present from PACC: 420 Classon Rendering [Brownstoner]
Development Watch: PACC on Classon [Brownstoner]
The Future of 418-422 Classon? [Brownstoner]
October 14, 2009
Last Week's Biggest Sales
1. GRAVESEND $5,002,000
2021 East 5th Street GMAP (left)
Humble-looking house, big-ass price: Property Shark says it's a 2,016-sf one-family. Entered into contract on 3/16/09; closed on 9/24/09; deed recorded on 10/6/09.
2. COBBLE HILL $1,945,000
51 Cheever Place GMAP (right)
This 3,360-sf 3-family townhouse was first listed for $2,200,000 in June, according to StreetEasy. Entered into contract on 8/7/09; closed on 9/30/09; deed recorded on 10/8/09.
3. PROSPECT HEIGHTS $1,700,000
388 Sterling Place GMAP
Second go-round for this house on a Biggest Sales list: It sold for $1.6 million a little over a year ago. This time the 4-story, 4-family was first listed for $2,195,000 in March and was eventually asking $1,795,000 before it went into contract, according to StreetEasy. Entered into contract on 8/26/09; closed on 10/1/09; deed recorded on 10/9/09.
4. PROSPECT HEIGHTS $1,665,000
On Prospect Park, Unit 10B GMAP
StreetEasy says this unit in the Meier-designed condo is a 2,125-sf 3-bedroom. Entered into contract on 5/27/09; closed on 9/15/09; deed recorded on 10/8/09.
5. DUMBO $1,450,000
1 Main Street, #5L GMAP
This 1,655-sf condo was listed for $1,699,000 in July, according to StreetEasy. Entered into contract on 8/21/09; closed on 9/24/09; deed recorded on 10/5/09.
Photos from Property Shark.
October 8, 2009
Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less:
$250K or under: DOWNTOWN BROOKLYN
270 Jay Street, #5E; Price=$217,000 GMAP
This is 464-sf, L-shaped studio in Concord Village, according to StreetEasy. Maintenance=$581/month. Closed on 9/17/09; deed recorded on 9/30/09.
$250-$500K Range: PROSPECT HEIGHTS
587 Washington Avenue, Unit 4; Price=$499,750 GMAP
The last unit to close in this new, 4-unit condo. StreetEasy says it's a 942-sf 2-bedroom that was originally listed for $625,000 last year. Entered into contract on 5/20/09; closed on 9/2/09; deed recorded on 10/2/09.
$500-$750K Range: SOUTH SLOPE
420 12th Street #D3L; Price=$740,000 GMAP
This is a 1,200-sf duplex in the Ansonia, according to StreetEasy. It was first listed for $885,000 in February. Closed on 9/17/09; deed recorded on 9/29/09.
$750K-$1 Million Range: WILLIAMSBURG
273 Berry Street; Price=$981,500 GMAP
As we covered in April, this 2,300-sf house started out listed for $1,129,000 and was later reduced to $1,049,000. Entered into contract on 7/7/09; closed on 9/1/09; deed recorded on 9/28/09.
Photos from Property Shark.
October 7, 2009
280 Hicks, Many Others, Fail to Sell at Auction
As expected, the $2 million asking price of 280 Hicks proved to be too high yesterday, as the historic but dilapidated Brooklyn Heights carriage house failed to sell at public auction. As far as the other seventeen properties that were up for auction are concerned, only nine ended up selling. The Public Adminstrator said that the properties that didn't sell would be auctioned again in six months and the ones that again failed to sell would be opened up to brokers. Complete auction results on the jump.
280 Hicks Up For Auction [Brownstoner]
Continue reading "280 Hicks, Many Others, Fail to Sell at Auction"
October 6, 2009
Last Week's Biggest Sales: Bay Ridge on Top
1. BAY RIDGE $1,900,000
8025 Harbor View Terrace GMAP (left)
In its listing, this 3,274-sf one-family house was described as being in "the Beverly Hills of Bay Ridge." It was asking $2.3 million. Entered into contract on 6/28/09; closed on 9/18/09; deed recorded on 9/28/09.
2. BAY RIDGE $1,570,000
7801 Narrows Avenue GMAP (right)
This house sold under foreclosure pressure, according to Property Shark. Two foreclosure auctions on the 3,074-sf, single-family house were scheduled this year. Entered into contract on 7/6/09; closed on 9/16/09; deed recorded on 9/30/09.
3. BAY RIDGE $1,300,000
120 85th Street GMAP
This 3,190-sf house was listed for $1.49 million. Entered into contract on 9/18/09; closed on 9/18/09; deed recorded on 10/2/09.
4. PROSPECT HEIGHTS $1,300,000
50 Plaza Street East, Unit 11 GMAP
Size of this unit, which is in one of Prospect Heights' most prestigious co-ops, is unknown. Property Shark says the unit last sold for $960,000 in 2004. Closed on 9/3/09; deed recorded on 9/29/09.
5. PARK SLOPE $1,265,000
133 Sterling Place #5A GMAP
If StreetEasy's info on this unit is accurate, it commanded far less than what the sponsor was fishing for: The 1,758-sf condo in the Vermeil was originally listed for $2,300,000 in January '07 and last asking $2,100,000. Sale included a parking spot. Entered into contract on 3/20/09; closed on 6/4/09; deed recorded on 9/28/09.
Photos from Property Shark.
October 5, 2009
Closings at Green on Dean
Things have gone remarkably well for Green on Dean, the 6-unit condo project at 357 Dean Street on the edge of Boerum Hill. The first four closings that happened in September just hit public records, and as far as we can tell from the confusing data on StreetEasy, one other unit is in contract. Given the market over the past year, an .833 batting average ain't bad.
Price Cuts at 357 Dean Street [Brownstoner] GMAP
357 Dean Street Hits the Market [Brownstoner]
Development Watch: 357 Dean Street [Brownstoner]
House of the Day: 357 Dean Street [Brownstoner]
October 1, 2009
Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less:
$250K or under: BAY RIDGE
138 71st Street, #F6; Price=$208,000 GMAP
This 780-sf, 1-bedroom co-op was originally listed for $229,000 in June, according to StreetEasy. Maintenance=$501/month. Closed on 8/18/09; deed recorded on 9/21/09.
$250-$500K Range: CROWN HEIGHTS
658 Park Place, Unit 9; Price=$440,000 GMAP
This 1,186-sf, 2-bedroom condo in a conversion was asking $465,000, according to StreetEasy. Entered into contract on 6/25/09; closed on 9/16/09; deed recorded on 9/24/09.
$500-$750K Range: WILLIAMSBURG
98 North 9th Street; Price=$615,000 GMAP
This is a 1,400-sf single-family house, according to Property Shark. Entered into contract on 9/15/09; closed on 9/15/09; deed recorded on 9/21/09.
$750K-$1 Million Range: FLATBUSH
1430 Glenwood Road; Price=$935,000 GMAP
This is a 2,987-sf, 2-family house, according to Property Shark. It's in the West Midwood section of Victorian Flatbush. Entered into contract on 5/4/09; closed on 9/14/09; deed recorded on 9/23/09.
Photos from Property Shark.
September 30, 2009
Last Week's Biggest Sales
1. GRAVESEND $10,260,000
2111 East 2nd Street GMAP (left)
As covered earlier, the trade of this 8,206-square-foot one-family is the biggest sale in Brooklyn this year—at least so far. Entered into contract on 9/16/09; closed on 9/16/09; deed recorded on 9/25/09.
2. BROOKLYN HEIGHTS $2,200,000$4,000,000
160 Henry Street, PH GMAP (right)
When this 3,000-square-foot penthouse was a Co-op of the Day in March, it was listed for $4.25 million. Closed on 9/21/09; deed recorded on 9/25/09.
3. BROOKLYN HEIGHTS $3,150,000
1 Pierrepont Street, #8A GMAP
Sure, $3 million+ is a pretty penny, but the sale price for this sprawling co-op seems low given the prestige of the building and its asking price. (We've got a call into Brown Harris, which brokered the sale, to find out whether there was behind-the-scenes action not reflected in the public records sale price, and we'll update this if they get back to us.) The 10-room co-op's been on the market since last year, and the initial ask was $6,250,000, which was later reduced to $5,500,000. The reader widget guess on it clocked in at $4,764,268. Closed on 9/21/09; deed recorded on 9/24/09.
4. PROSPECT HEIGHTS $2,545,625
On Prospect Park, Unit 4F GMAP
This is a 1,090-sf unit in the Meier-designed condo, according to StreetEasy. Entered into contract on 8/13/09; closed on 8/27/09; deed recorded on 9/24/09.
5. PARK SLOPE $1,570,662
520 11th Street GMAP
This South Slope townhouse was originally listed for $2.25 million last year; after not selling, it was taken off the market and re-listed for $1,640,000 this May. Entered into contract on 7/7/09; closed on 8/27/09; deed recorded on 9/23/09.
Photos from Property Shark.
September 28, 2009
Priciest Brooklyn Sale of '09 is in Gravesend!
Holy moly! The sale of 2111 East 2nd Street in Gravesend for $10.26 million just hit public records, and although the price tag isn't high enough to make it a Brooklyn record, it's definitely the biggest sale of this year, and probably one of the top 10 or so biggest house sales in the borough ever. (Houses in Brooklyn Heights, for example, have traded for more.) Here are the specs on 2111 East 2nd from Property Shark: It's an 8,206-square-foot one-family house that was built in 1998. The buyer of the manse was cloaked behind an LLC.
2111 East 2nd Street Deed [ACRIS] GMAP P*Shark
Photo from Property Shark.
September 24, 2009
Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less:
$250K or under: SUNSET PARK
466 49th Street, #4; Price=$110,000 GMAP
This 550-sf, 2-bedroom co-op was originally listed for $135,000 in April, according to StreetEasy. Maintenance=$275/month. Closed on 8/28/09; deed recorded on 9/15/09.
$250-$500K Range: GREENWOOD HEIGHTS
643 6th Avenue; Price=$300,000 GMAP
This is an 884-sf, 2-family, according to Property Shark. Entered into contract on 4/21/09; closed on 9/3/09; deed recorded on 9/14/09.
$500-$750K Range: WINDSOR TERRACE
279 Prospect Park West, #2A; Price=$595,000 GMAP
This is a 1,196-sf condo, according to Property Shark, divided thus: main floor is 900 sf; smaller upper level has bedroom; and above that is a roof deck. The condo was first listed in the mid $600,000's, but by the time it wound up here was asking $599,000. Entered into contract on 7/28/09; closed on 9/11/09; deed recorded on 9/17/09.
$750K-$1 Million Range: PARK SLOPE
323 7th Street; Price=$850,000 GMAP
This is a 2,346-sf, 3-family house, according to Property Shark. There's no listings trail, but it was definitely an estate sale. Entered into contract on 7/9/09; closed on 8/26/09; deed recorded on 9/17/09.
Photos from Property Shark.
September 23, 2009
69 St. James Sells For A Lot Less Than Originally Asked
69 St. James Place, a charming four-story brownstone in Clinton Hill, finally closed yesterday for $1,400,000. Versus the most recent asking price of $1,500,000, this sounds like a pretty standard discount. But the house actually started out on the market in June 2008 with a price tag of $1,995,000, and then suffered death by a thousand price cuts. Unfortunately, it looks like another example of a property (or owner) who was living in the past and couldn't face reality. If the seller had just come out with an asking price of, say, $1,700,000 at the start of things, chances are the outcome would have been much better.
House of the Day: 69 St. James Place [Brownstoner] GMAP P*Shark
September 22, 2009
Last Week's Biggest Sales
1. BOERUM HILL $2,800,000
28 Butler Street GMAP (left)
According to StreetEasy, by the time this 3,000-sf, 2-family townhouse was listed in June—for $3.2 million—it was already in contract. It was last purchased for $950,000 in 2007. (Presumably the sellers renovated.) Entered into contract on 6/2/09; closed on 9/3/09; deed recorded on 9/17/09.
2. PARK SLOPE $2,200,000
213 Berkeley Place GMAP (right)
When this four-story brownstone was a House of the Day in April, it was listed for $2.475 million. The reader widget guessed it would ultimately sell for $1,984,668. Entered into contract on 7/23/09; closed on 8/28/09; deed recorded on 9/15/09.
3. PARK SLOPE $1,300,000
90 8th Avenue, #6B GMAP
This 1,860-sf, 3-bedroom co-op was listed for $1,395,000 in June, according to StreetEasy. Closed on 8/25/09; deed recorded on 9/14/09.
4. MILL BASIN $1,275,000
130 Whitman Drive GMAP
This is a 3,220-sf single-family, according to Property Shark. Entered into contract on 9/10/09; closed on 9/10/09; deed recorded on 9/16/09.
5. PARK SLOPE $1,250,500
133 Sterling Place, #4G GMAP
This 3-bedroom unit in the Vermeil condo was originally listed for $1.99 million in early 2007, according to StreetEasy. Entered into contract on 6/25/09; closed on 9/4/09; deed recorded on 9/14/09.
Photos from Property Shark
Latest Restaurant Additions
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Chickadee Chick
added November 6, 2009 12:00 PM in Park Slope -
Vutera
added November 5, 2009 12:00 PM in Williamsburg -
Park Cafe
added November 4, 2009 12:00 PM in Park Slope -
Bahia
added November 3, 2009 12:00 PM in Williamsburg -
Aqualis Grill
added November 2, 2009 12:00 PM in Fort Greene -
Wombat
added October 30, 2009 12:00 PM in Williamsburg -
Organic Heights
added October 29, 2009 12:00 PM in Park Slope -
Giardini Pizza
added October 28, 2009 12:00 PM in Carroll Gardens -
Rye
added October 27, 2009 12:00 PM in Williamsburg -
Bati
added October 26, 2009 12:00 PM in Fort Greene