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Southern Brooklyn’s ‘Venetian’ Condo is Back in Play!
One of the biggest real estate mysteries in Southern Brooklyn has just been cracked: Yesterday, the Real Deal reported that “The Venetian,” a luxury condo that one can see if one gazes east on the train while heading down to Coney, is being sold off by its original developers. Here’s the skinny, as told by TRD:
Sitt Asset assembled the various parcels that comprise the land in 2002 and 2003 for $9 million, and had plans to build the approximately 54,000-square-foot residential structure at a cost of about $500 per square foot, according to David Sitt, a vice president at Sitt Asset. But by the time the design was finalized and Sitt Asset took out a $54 million construction loan from Citibank in 2007 to launch the ground-up project, the cost estimate had more than doubled to $1,100 per square foot. The building was complete in 2010, when the Brooklyn sales market had collapsed to the point where it was virtually non-existent. With prospects grim for the project, Sitt moved to purchase back the loan from Citi at the discounted price of just $25 million. That effectively lowered the building costs close to the initial $500 per square foot projections. With costs now firmly under control and the borough’s sales market gaining traction, the developers were able to execute the plan as initially envisioned, Sitt said.
Unclear what they’re trying to get for the condo. Our photo above dates back to late 2009, and we thought the place was technically in Gravesend, not Midwood, though TRD refers to it as being located in the latter. In the go-go years, some units in this building were priced at more than $2,000 a foot, reportedly! Way back in the day, the marketers said the structure was inspired by 16th-century masterpieces like Veneto’s Villa Barbaro and Palazzo Porto.
Sitt Asset Brings Midwood Condo to Market [The Real Deal]
The Venetian Unveiled [Brownstoner]
The Venetian: 16th-Century Living, Gravesend-Style [Brownstoner]
$2,000 a Foot in Gravesend? You Betcha [Brownstoner] GMAP
05/03/2012 9:00 AM
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Gravesend McMansion Shoots For Single-Family Record
If a new listing at 2134 Ocean Avenue in Gravesend gets its price, it’ll be the biggest number ever for a house in Brooklyn. Take that Brooklyn Heights! As per a report in today’s Real Deal, the property in question is a 9,200-square-foot single-family behemoth has an asking price of $14 million. “It’s like a palace in the middle of Brooklyn,” said co-listing broker Ryan Serhant, a senior vice president at NestSeekers. And he’s not kidding. Check out the pics on the jump…
(more…)
05/01/2012 12:15 PM
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Last Week’s Biggest Sales
1. GRAVESEND $2,728,000
400 Avenue U, #PH6E GMAP P*Shark
There wasn’t an exterior photo for this building on Property Shark and there also isn’t a listing on Streeteasy, but this sale is listed on ACRIS as a “single residential condo unit.” Entered into contract on 12/12/11; closed on 3/07/12; deed recorded on 3/23/2012.
2. PARK SLOPE $2,200,000
117 Lincoln Place GMAP P*Shark
As a HOTD, we thought this home was “in such nice shape that the asking price of $2,200,000 doesn’t seem aggressive given the prime location.” The only drawback noted was that the house is only 17 feet wide, but that obviously didn’t deter this buyer. Entered into contract on 11/14/11; closed on 2/09/12; deed recorded on 3/22/2012.
3. SHEEPSHEAD BAY $2,200,000
1930 East 14th Street GMAP P*Shark
A one/two family house with either a garage or vacant land. Sold at $684 per square foot. Entered into contract on 12/10/11; closed on 3/09/12; deed recorded on 3/21/2012.
4. DUMBO $1,832,850
192 Water Street, #2E GMAP P*Shark
One of the first units that’s closed at the new Dumbo condo building. This particular unit is a three bed/two-and-a-half bath. It’s ask was $1,795,000. Entered into contract on 1/30/12; closed on 3/02/12; deed recorded on 3/19/2012.
5. FORT GREENE $1,775,000
185 Lafayette Avenue GMAP P*Shark
No listing for this two-family home. Sold at $732 per square foot. Entered into contract on 10/31/11; closed on 3/05/12; deed recorded on 3/19/2012.
03/27/2012 12:00 PM
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Last Week’s Biggest Sales
1. GRAVESEND $6,052,000
409 Avenue T GMAP P*Shark
A one-family, 2,780-sqaure-foot home. Oddly sold in May 2011 for $370,000, according to Streeteasy. Entered into contract on 1/18/12; closed on 2/10/12; deed recorded on 2/28/2012.
2. CARROLL GARDENS $2,325,000
122 Carroll Street GMAP P*Shark
A HOTD in October 2010. We wrote: “This house at 122 Carroll Street in Carroll Gardens just hit the market with the absurd asking price of $3,500,000. Clearly part of the reason for the big ask is that the owner recently spent some dough on a renovation either the pictures aren’t very good or the renovation itself doesn’t have much of a wow factor. Could this place even fetch $2 million?” The price dropped to $2,350,000 in October 2011. Entered into contract on 11/1/11; closed on 2/1/12; deed recorded on 2/29/2012.
3. COBBLE HILL $1,600,000
318 Sackett Street GMAP P*Shark
No listing for this three-family home. Entered into contract on 11/17/11; closed on 2/15/12; deed recorded on 3/1/2012.
4. GRAVESEND $1,500,000
2109 Ocean Parkway GMAP P*Shark
Here’s what the listing says: “Situated on beautiful Ocean Parkway, this well-maintained home sits on a 26.5×130 lot with a private multi-car driveway, as well as a detached garage.” Asking $1,695,000. Entered into contract on 12/8/11; closed on 2/13/12; deed recorded on 2/27/2012.
5. WINDSOR TERRACE $1,405,000
238 Windsor Place GMAP P*Shark
A HOTD way back in November 2009. We opined, “This two-family house at 238 Windsor Place in Windsor Terrace may have a slightly odd mix of old-school and 80s-contemporary aesthetics going on, but at its core it looks like a lovely old house and given that it’s got over 3,000 square feet of living space, the price tag of $1,125,000 looks reasonable to us as well.” Entered into contract on 12/2/11; closed on 2/9/12; deed recorded on 2/27/2012.
03/06/2012 11:30 AM
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Last Week’s Biggest Sales
1. WILLIAMSBURG $5,000,000
331 Kent Avenue GMAP P*Shark
We covered the sale of this Williamsburg mansion yesterday. It’s a unique property: “Originally a bakery, this unique three story 10,000 sq. ft. brick loft-like building with 5,000 Sq. Ft. finished basement rests on a 68 ft. x 100 ft corner lot, with approximately 10,000 square feet of air rights. It was fully renovated, with careful attention to preserving and restoring the buildings architectural details.” It was bought by what we suspect to be a developer. Entered into contract on 6/27/11; closed on 7/27/11; deed recorded on 1/27/2012.
2. GRAVESEND $4,650,000
1896 East 5th Street GMAP P*Shark
A one-family, 2,712-square-foot home. Entered into contract on 11/1/11; closed on 1/5/12; deed recorded on 1/25/2012.
3. GRAVESEND $3,850,000
1968 East 2nd Street GMAP P*Shark
A one-family, 3,546-square-foot home. Entered into contract on 11/22/11; closed on 11/22/11; deed recorded on 1/23/2012.
4. WILLIAMSBURG $2,998,746.25
22 North 6th Street, PH1A + PH1B + two storage units GMAP P*Shark
This sale includes a penthouse unit, a unit without a kitchen, and two storage spaces. The listing’s been pulled, though! Entered into contract on 3/15/11; closed on 12/5/11; deed recorded on 1/26/2012.
5. PARK SLOPE $2,460,000
184 St. Johns Place GMAP P*Shark
A HOTD November 2011. We thought, “Despite being only three stories tall, the single-family house is just what the doctor ordered in this market. It’s been impeccably restored, has some nice modern touches and is in a great Park Slope location.” Our predictions came true: it sold over the ask of $2,300,000. Entered into contract on 11/21/11; closed on 1/12/11; deed recorded on 1/25/2012.
Honorable Mention: 357 Hoyt Street, sold for $1,750,000 on 1/25/2012.
01/31/2012 11:30 AM
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Last Week’s Biggest Sales
1. PARK SLOPE $3,300,000
52 Montgomery Place GMAP P*Shark
We posted on this sale last week. The three-time HOTD sold below its ask of $3,750,000. The previous owner bought the five-story, bay front home for $3,125,000 in 2010. Entered into contract on 12/9/11; closed on 12/21/11; deed recorded on 1/11/2012.
2. DUMBO $2,787,500
1 Main Street, #6D GMAP P*Shark
The listing’s been pulled for this unit already. Entered into contract on 10/11/11; closed on 12/21/11; deed recorded on 1/11/2012.
3. GRAVESEND $2,700,000
1393 East 7th Street GMAP P*Shark
A one-family, 7,400-square-foot home. Entered into contract on 10/18/11; closed on 12/16/11; deed recorded on 1/13/2012.
4. PARK SLOPE $2,670,000
86 6th Avenue GMAP P*Shark
A HOTD in May 2011. We said: “This new listing at 86 6th Avenue in Park Slope has much to recommend it, to be sure, including some gorgeous original woodwork, but we’re having a tough time wrapping our head around the configuration, which includes having the kitchen on the second floor, alongside the master suite, and the dining room a floor below on the parlor floor.” It was asking $2,995,000. Entered into contract on 11/19/11; closed on 12/23/11; deed recorded on 1/11/2012.
5. FORT GREENE $1,850,000
228 Cumberland Street GMAP P*Shark
The listing’s down, but StreetEasy does reveal this home sold for just $696,500 in 2009. Entered into contract on 11/22/11; closed on 12/27/11; deed recorded on 1/9/2012.
01/17/2012 11:30 AM
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Last Week’s Biggest Sales
1. BROOKLYN HEIGHTS $2,625,000
1 Pierrepont Street, #7B GMAP P*Shark
A three bed, two-and-a-half bath. Ask: $3,200,000, then $2,950,000, then $2,695,000. Entered into contract on 11/17/11; closed on 11/17/11; deed recorded on 12/29/2011.
2. GRAVESEND $2,000,000
1793 East 5th Street GMAP P*Shark
A two-family, 2,720-square-foot house. Entered into contract on 11/8/11; closed on 12/8/11; deed recorded on 12/30/2011.
3. PARK SLOPE $2,000,000
850 Union Street GMAP P*Shark
The listing says, “Townhouse treasure has a flexible layout which can either be used as a one family or a two. The owners duplex is already in place so all you have to do is rent out the large top floor or, simply return it back to a single family. Sprawling with multiple bedrooms, living areas and a finished basement.” Asking price was $2,350,000 and then it dropped to $2,100,000. Entered into contract on 9/19/11; closed on 12/14/11; deed recorded on 12/28/2011.
4. GRAVESEND $1,600,000
2201 East 4th Street GMAP P*Shark
Not much info on this two family home. Entered into contract on 10/10/11; closed on 12/6/11; deed recorded on 12/29/2011.
5. BROOKLYN HEIGHTS $1,527,375
360 Furman Street, #1207 GMAP P*Shark
The listing has been removed for this sale at 1 BBP. Entered into contract on 11/29/11; closed on 11/29/11; deed recorded on 12/29/2011.
01/03/2012 11:30 AM
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The Biggest Brooklyn Sales of 2011
As usual, the biggest residential sales in Brooklyn this year were in Gravesend and Brooklyn Heights.
1. GRAVESEND $10,250,000
451 Avenue S GMAP
Simply on a price-per-square-foot basis this has got to be one of the biggest sales ever in Brooklyn history, though for total dollars it trails other Gravesend sales like 450 Avenue S, which sold for $11,000,000 in 2003, and 2111 East 2nd Street, which sold for $10,260,000 in 2009. The sale of the 2,914-square-foot house was recorded in May.
There’s a tie for the runner-up position:
2. BROOKLYN HEIGHTS $6,000,000
74 Hicks Street GMAP
Here was our take on this Brooklyn Heights property back in March, when it was a House of the Day: “It’s clearly undergone a high-quality (and tasteful) renovation that preserved the old floorboards while spiffing up the kitchen and bathrooms.” The sale of the 25-foot-wide house was recorded in November.
and
GRAVESEND $6,000,000
420 Avenue S GMAP
The sale of this 2,697-square-foot single family was recorded in city records in April.
3. BROOKLYN HEIGHTS $5,250,000
69 Willow Street GMAP
The 5,800-square-foot house with a ground-floor office sold after being on the market for about a year. The sale was recorded a couple weeks ago.
4. GRAVESEND $5,150,000
1996 East 5th Street GMAP
The sale of this 2,400-square-foot single family hit public records in January.
5. BOERUM HILL BROOKLYN HEIGHTS $4,100,000
141 State Street GMAP
At the beginning of ’11 this brownstone was listed for $4,300,000. The sale was recorded by the city in July.
12/28/2011 9:05 AM
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Last Week’s Biggest Sales
1. MANHATTAN BEACH $2,650,000
72 Coleridge Street GMAP P*Shark
This is a five bedroom, 8,000-square-foot house (with a four-level elevator!) Ask was $4,100,000, then $3,999,000. Entered into contract on 9/26/11; closed on 12/1/11; deed recorded on 12/12/2011.
2. VICTORIAN FLATBUSH $1,475,000
120 Marlborough Road GMAP P*Shark
A HOTD in September. We said: “The front porch and lawn, the formal dining room and eat-in kitchen, the surfeit of original woodwork! So good. In fact the only mark against this place is the fact that the kitchen could benefit from some updating.” Ask was $1,495,000. Entered into contract on 10/17/11; closed on 11/30/11; deed recorded on 12/16/2011.
3. FORT GREENE $1,300,000
106 Vanderbilt Avenue GMAP P*Shark
This is a two-family, 25-foot-wide home. The interior is nice but the exterior leaves something to be desired. Ask was $1,399,000. Entered into contract on 8/24/11; closed on 11/4/11; deed recorded on 12/12/2011.
4. BOERUM HILL $1,150,000
82 Douglass Street GMAP P*Shark
82 Douglass was an OHP pick a few times. It’s a two family currently used as owner’s lower duplex and a rental 1 BR apartment on the 3rd floor. The ask was $1,295,000 when it went on the market in May. Entered into contract on 10/5/11; closed on 12/02/11; deed recorded on 12/16/2011.
5. GRAVESEND $1,125,000
16 Village Road East GMAP P*Shark
A two-family detached home that went on the market in January for $1,689,000. It slowly but surely decreased down to $1,299,000. Entered into contract on 5/12/2011; closed on 6/27/2011; deed recorded on 12/15/2011.
12/20/2011 11:30 AM
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Closing Bell: Newtown Creek Armada to Set Sail
The artists Laura Chipley, Nathan Kensinger and Sarah Nelson Wright are collaborating on a project called the Newtown Creek Armada that will involve each of them creating miniature, radio-controlled boats that visitors can maneuver around the Newtown Creek. The boats “will be equipped with an underwater camera and lights, allowing participants to record a unique voyage on the creek.” The resulting videos will then give people “a chance to virtually immerse themselves in the toxic waters of this Superfund site.” The project will launch in Greenpoint this spring.
Newtown Creek Armada
11/10/2011 4:00 PM
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Last Week’s Biggest Sales
1. PARK SLOPE $2,750,000
532 3rd Street GMAP
This home has had a long history on the market. It sold in 2007 for $2,600,000, came back to the market in 2008 for $3,200,000 (that’s when it was a HOTD) and was delisted later in 2008. But it just popped up last week with a sale of $2,750,000. Entered into contract on 7/29/11; closed on 8/31/11; deed recorded on 9/19/2011.
2. WILLIAMSBURG $2,700,000
293 Grand Street GMAP
This is a two-family home with commercial space. It was an Open House Pick in 2009 when it was priced at $3,600,000. Then it was listed this June for $2,795,000. It entered contract after 35 days. Entered into contract on 7/7/11; closed on 9/7/11; deed recorded on 9/22/2011.
3. CARROLL GARDENS $2,375,000
395 Union Street GMAP
From the listing: “Beautiful 20ft-wide, 4-floor brownstone on prime, tree-lined Carroll Gardens block. Currently configured as a 3-family home with owner’s garden duplex and two full-floor rental apartments above, this home can continue to generate solid rental income or can easily be converted to a spectacular single-family home.” Ask was $2,375,000. Entered into contract on 6/14/11; closed on 8/30/11; deed recorded on 9/19/2011.
4. GRAVESEND $2,000,000
2094 East 2nd Street GMAP
Interesting, this home sold for $780,000 in June of this year, then again for $2,000,000 in September. Entered into contract on 9/1/11; closed on 9/1/11; deed recorded on 9/19/2011.
5. PARK SLOPE $1,521,500
551 3rd StreetGMAP
When this was a HOTD in 2007 we said: “The four-story brownstone at 551 3rd Street changed hands in 2004 for $1,900,000; the new owner proceeded to do a pretty serious renovation as well as an over-the-top interior design that maybe be a bit much for some people. But if you can look past the chintz, this is certainly a beautiful house with tons of original detail on one of the more desireable blocks in The Slope.” It was asking $3,750,000. It was pulled off the market in 2008 and wasn’t marketed, as far as we know, since then. Entered into contract on 8/26/11; closed on 8/26/11; deed recorded on 9/19/2011.
09/27/2011 11:30 AM
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Last Week’s Biggest Sales
1. BROOKLYN HEIGHTS $3,200,000.00
19 Garden Place GMAP
19 Garden Place was a HOTD in 2008 and we didn’t have a bad thing to say about it. Although we commented, “The biggest challenge to achieving the asking price of $3,995,000 will likely be the somewhat diminutive size.” According to StreetEasy, it came off the market in 2009 and was re-listed this February for $3,600,000. Entered into contract on 6/27/11; closed on 8/24/11; deed recorded on 9/12/2011.
2. PARK SLOPE $2,400,000.00
475 4th Street GMAP
A HOTD in 2008 which read: “It’s a gorgeous house in move-in condition with tons of original woodwork (and no recessed lighting!). It also feels like it’s priced as if it were a year ago.” Ask: $2,995,000. Streeteasy shows a long, painful history of price cuts until 2010, when the home was pulled off the market. It was last priced at $2,575,000 before it sold. Entered into contract on 5/25/11; closed on 8/30/11; deed recorded on 9/13/2011.
3. GRAVESEND $2,350,000
801 Avenue S GMAP
A one-family home, 2,728 square feet in size. Entered into contract on 7/14/11; closed on 8/12/11; deed recorded on 9/13/2011.
4. BOERUM HILL $1,950,000
140 Dean Street GMAP
A one or two family house with a garage and vacant land. Before this sale, the building was purchased in 2010 for $475,000! Entered into contract on 7/21/11; closed on 8/31/11; deed recorded on 9/15/2011.
5. DYKER HEIGHTS $1,900,000
1062 84th Street GMAP
Quite a beautiful house in South Brooklyn. Asking $3,499,000 in 2007 and then $2,600,000 in 2010 before getting a few price drops. Entered into contract on 4/5/11; closed on 8/24/11; deed recorded on 9/13/2011.
09/20/2011 11:30 AM
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Last Week’s Biggest Sales
1. BROOKLYN HEIGHTS $3,920,000
33 Willow Place GMAP
33 Willow Place was a HOTD in March 2010 and we said this: “The brick single-family house is 25 feet wide and full of original details. The house has clearly had a renovation recently, and overall it looks very tastefully done. Given the size, condition and primo Brooklyn Heights location, the asking price of $3,750,000 isn’t completely crazy.” According to Streeteasy, the home sold later that year for $3,600,000. It was relisted this April for $3,950,000 and entered contract two months later, selling for $3,920,000. Entered into contract on 6/2/11; closed on 6/28/11; deed recorded on 8/22/2011.
2. GRAVESEND $2,375,000
20 Colin Place GMAP
This is a one-two family with a garage or vacant land. According to StreetEasy, it’s on a 3,300-square-foot lot. Entered into contract on 5/15/11; closed on 8/10/2011; deed recorded on 8/25/11.
3. PARK SLOPE $2,350,000
566 10th Street GMAP
This home has been an open house pick a few times. From the listing, “The Owner’s triplex has 6 bedrooms and 3 full baths. This lovingly restored home has a gracious flow. The newly renovated kitchen opens into the grand living room.” It was asking $2,299,000 when it hit the market in April. Entered into contract on 5/24/2011; closed on 8/11/2011; deed recorded on 8/26/11.
4. PARK SLOPE $2,100,000
802 President Street GMAP
This house was configured as a four-family home with a rent roll of approximately $120,000. But as the listing said, “The house will be delivered vacant and can be easily set up as a glorious owner’s upper triplex with garden rental, double duplex, etc.” Asking $2,200,000, went into contract two months later. Entered into contract on 7/20/2011; closed on 8/17/2011; deed recorded on 8/26/11.
5. PROSPECT HEIGHTS $1,897,000
279 Park Place GMAP
A HOTD in April: “It’s hard to find anything wrong with this new listing at 279 Park Place. The Prospect Heights brownstone has gorgeous period detail and has been tastefully updated where it counts (like the kitchen).” We didn’t think it would remain on the market long, and we were right. Ask: $1,995,000. Entered into contract on 5/11/2011; closed on 8/10/11; deed recorded on 8/24/11.
08/30/2011 11:45 AM
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Last Week’s Biggest Sales
1. GRAVESEND $10,250,000.00
451 Avenue S GMAP
The sale of this one-family home came in as the priciest BK sale this year. As we said last week: “Simply on a price-per-square-foot basis this has got to be one of the biggest sales ever in Brooklyn history, though for total dollars it trails other Gravesend sales like 450 Avenue S, which sold for $11,000,000 in 2003, and 2111 East 2nd Street, which sold for $10,260,000 in 2009.” This home comes in at 2,914 square feet. Entered into contract on 5/5/11; closed on 5/5/11; deed recorded on 5/19/2011.
2. PARK SLOPE $2,850,000
35 Prospect Park West, #8-9B GMAP
Curbed beat us to the punch on this one, writing yesterday that “this duplex at 35 Prospect Park West finally closed for $2,850,000 last week after asking a high of $4,950,000 all the way back in 2008.” This was our Co-Op of the Day when it was asking $3,000,000. We thought it was a beautiful apartment and wondered how low the price could go. Now we have our answer. Entered into contract on 4/28/11; closed on 4/28/2011; deed recorded on 5/18/11.
3. WILLIAMSBURG $2,392,887.50
34 North 7th Street, PH1B GMAP
There isn’t a lot on this penthouse unit at The Edge. The sale includes a storage space. Entered into contract on 3/29/11; closed on 4/28/2011; deed recorded on 5/20/11.
4. MIDWOOD $2,200,000.00
1677 Ocean Parkway GMAP
1677 Ocean Parkway is a two family with some vacant land. According to StreetEasy, the 5,175-square-foot home sits on a 5,600-square-foot lot. It was asking $2,200,000. Entered into contract on 2/16/2011; closed on 5/9/2011; deed recorded on 5/18/11.
5. COBBLE HILL $2,175,000
14 Tompkins Place GMAP
The listing for 14 Tompkins Place says this: “Currently used as a two-family, this three-family townhouse needs a complete make-over, but your investment will be well spent on lovely, tree-lined Tompkins Place.” From the few pictures it still looks like this house has some surviving details. The ask was $2,350,000. Entered into contract on 1/10/2011; closed on 5/12/2011; deed recorded on 5/20/11.
Just missed the cut: 307 Adeplphi, a renovated townhouse asking $2,690,000, closed for $2,000,000.
05/24/2011 11:32 AM
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Another Record Sale in Gravesend?
We’re not yet halfway into the year, but the sale of a Gravesend house that was just recorded in public records could very well end up being Brooklyn’s priciest residential transaction of 2011. The single-family at 451 Avenue S, which PropertyShark reckons weighs in at 2,914 square feet, sold for $10,250,000. Simply on a price-per-square-foot basis this has got to be one of the biggest sales ever in Brooklyn history, though for total dollars it trails other Gravesend sales like 450 Avenue S, which sold for $11,000,000 in 2003, and 2111 East 2nd Street, which sold for $10,260,000 in 2009. And, of course, there are some Brooklyn Heights properties in the borough’s $10 million+ club, like 88 Remsen Street, which sold for $10,800,000 in 2008. Even still, Gravesend remains a world of its own when it comes to prop values. GMAP
Photo from PropertyShark.
05/19/2011 11:00 AM
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Last Week’s Biggest Sales
1. GRAVESEND $6,000,000
420 Avenue S GMAP
We gave a shout out to Brooklyn’s biggest sale of 2011 in a post last week; this one-family home is 2,697 square feet and sold at $2,224 per square foot. Entered into contract on 4/5/11; closed on 4/5/11; deed recorded on 4/12/2011.
2. GRAVESEND $2,664,000
2233 East 3rd Street GMAP
A two-family, 3,200 square foot home on a 4,483 square foot lot. Entered into contract on 1/15/11; closed on 3/29/2011; deed recorded on 4/12/11.
3. MIDWOOD $2,000,000
911 East 9th Street GMAP
South Brooklyn was owning the top sales last week….This two family comes with a garage or vacant land. The 2,928 square foot home is on a 6,000 square foot lot. Entered into contract on 3/31/2011; closed on 3/31/2011; deed recorded on 4/14/11.
4. GOWANUS $1,835,000
345 Hoyt Street GMAP
Another big sale for Gowanus! 345 Hoyt Street was a HOTD in 2009, where we stated: “Maybe we’re missing something, but we don’t see how the asking price for this three-story house at 345 Hoyt Street (at Carroll Street) in Carroll Gardens can be $2,150,000.” The interiors had been pretty much stripped, although there was a three car garage and some unused FAR. Since 2009, the house has been on the market but didn’t drop any lower than $1,990,000. Guess there’s something to be said about sticking it out! Entered into contract on 2/17/2011; closed on 4/8/2011; deed recorded on 4/14/11.
5. COBBLE HILL $1,699,100
59 Tompkins Place GMAP
59 Topkins was listed for $1.9M last year with an aside to “bring your architect or designer.” And while there are still details in this three-story home, the listing photos suggest a needed revamp. What do you make of the final sale price? Entered into contract on 1/13/2011; closed on 3/30/11; deed recorded on 4/15/11.
Photos via PropertyShark.
04/19/2011 11:30 AM
Comment
Guess Where the Priciest Residential Sale in Brooklyn So Far This Year Is?
Yep, Gravesend. City Records show 420 Avenue S selling for a cool $6 mil. PropertyShark pegs the single-family at 2,697 square feet.
Pic from PropertyShark.
04/14/2011 10:15 AM
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Last Week’s Biggest Sales
1. PROSPECT HEIGHTS $2,100,000
1 Grand Army Plaza, #8F GMAP
This is the second week in a row OPP has topped the biggest sales list. (There’s also another penthouse unit still in contract.) Like last week’s unit, this is a three bedroom. It was on the market for $2,900,000 back in 2007 and took about a 27 percent cut. Entered into contract on 10/7/10; closed on 2/9/11; deed recorded on 3/11/2011.
2. GRAVESEND $1,500,000
2018 East 5th GMAP
This one-family home is 2,900 square feet on a 4,000-square-foot lot. Entered into contract on 01/3/11; closed on 2/14/2011; deed recorded on 2/28/11.
3. DUMBO $1,487,500
30 Main Street, #9A GMAP
Nice big sale at the Sweeney Building in Dumbo. This two-bedroom unit has been on the market since 2008 and gone through three different brokerages. The ask was $1,969,000, then $1,700,000, then $1,550,000. Entered into contract on 10/21/2010; closed on 1/14/2010; deed recorded on 3/1/11.
4. GRAVESEND $1,350,000
1841 East 4th Street GMAP
This is a two-family house spanning 1,305 square feet on a 2,600 square foot lot. Entered into contract on 6/4/2010; closed on 2/22/2011; deed recorded on 3/1/11.
5. SUNSET PARK $1,343,000
747 49th Street GMAP
It’s not often Sunset Park makes the biggest sales list. This two-family house is located on a 4,000-square-foot lot and was marketed for redevelopment. Currently the home has a nice garden set up. It was first listed for $1,280,000 then upped to $1,300,000. Considering that it sold more than ask, we’d say to look out for a new development coming to this lot. Entered into contract on 11/10/2010; closed on 2/4/10; deed recorded on 2/28/10.
Photos via PropertyShark.
03/08/2011 11:30 AM
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Last Week’s Biggest Sales
1. PARK SLOPE $2,900,000
555 1st Street GMAP
This three-family home was an Open House Pick in September 2008 when it was asking $3,748,000. Here’s the old listing, which brags about the 4800-square-feet, renovated limestone. It sold as a five-bedroom upper triplex with a “high income” garden rental. Entered into contract on 10/15/10; closed on 1/7/11; deed recorded on 1/25/2011.
2. PROSPECT HEIGHTS $2,650,000
1 Grand Army Plaza, #12D GMAP
#12D is a 2,620-square-foot three bedroom. It was originally listed for $2,850,000 and then got a price boost to $2,950,000. The unit entered contract five months later. Entered into contract on 12/13/10; closed on 1/20/2011; deed recorded on 1/28/11.
3. FORT GREENE $1,950,000
237 Carlton Avenue GMAP
This sale was already featured on the blog. A Brownstoner fave from way back and a HOTD when it was listed for $2,500,000. This home was originally part of the upcoming Carlton Mews development. Entered into contract on 12/16/2010; closed on 1/14/2011; deed recorded on 1/24/11.
4. PARK SLOPE $1,850,000
506 3rd Street GMAP
Another sale that was just covered on Brownstoner. We thought this one missed the Biggest Sales list but the deed was just recorded last week. The four-story, three-family house had been listed for $2M since July 2010. Entered into contract on 9/17/2010; closed on 1/11/2011; deed recorded on 1/24/11.
5. MIDWOOD $1,600,000
971 East 8th Street GMAP
This two-family house is 2,448 square feet. Entered into contract on 10/25/2010; closed on 1/18/11; deed recorded on 1/24/11.
Photos via PropertyShark.
02/01/2011 11:30 AM
Comment
Last Week’s Biggest Sales
1. GRAVESEND $5,150,000
1996 East 5th Street GMAP
There isn’t a lot of information on 1996 East 5th Street. All we could pick up is that it is a 2,400-square-foot one family on a 4,000-square-foot lot. The Property Shark photo isn’t revealing much either. Entered into contract on 1/11/11; closed on 1/11/11; deed recorded on 1/18/2011.
2. GRAVESEND $3,385,000
2085 Ocean Parkway GMAP
This two-family home is big: 4,266 square feet on a 6,000 square foot lot. What do you make of it from the photo (on right)? Entered into contract on 12/3/10; closed on 12/30/2010; deed recorded on 1/21/11.
3. PARK SLOPE $1,536,392.81
638 President Street GMAP
This condo sale comes from the once-controversial development in Park Slope. There are four units in the building and StreetEasy shows two selling over $1M. This particular four-bedroom unit is a duplex with a private roof-deck and a balcony. It was listed for $1,749,000 in 2009 and got gradually price slashed. Entered into contract on 12/3/2010; closed on 1/7/2011; deed recorded on 1/20/11.
4. BOROUGH PARK $1,300,000
1618 51st Street GMAP
This is a two-family, two-story, 5,180 square foot house. Entered into contract on 6/3/2010; closed on 12/31/2010; deed recorded on 1/18/11.
5. PROSPECT HEIGHTS $1,095,000
1 Grand Army Plaza, #6D GMAP
This latest sale at On Prospect Park was for a one bedroom, two bathroom. That’s a lotta money for a one bedroom, but the layout does afford extra space with the possibility of a convertible bedroom. It first went to market for $1,500,000 then came down to $1,300,000. Entered into contract on 8/25/2010; closed on 12/30/10; deed recorded on 1/21/11.
Photos via PropertyShark.
01/25/2011 11:30 AM
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adam_dahill
May 21, 2012 | 02:16 PM