St. Felix Closes for $3 Million
The house at 23 St. Felix Street in Fort Greene whose renovation and sale we have been following closed Tuesday for $3,000,000, the developer told us. That is slightly above the ask of $2,959,000. The buyers are a couple from Manhattan who work in finance and law. Three offers came in above ask within three…
The house at 23 St. Felix Street in Fort Greene whose renovation and sale we have been following closed Tuesday for $3,000,000, the developer told us. That is slightly above the ask of $2,959,000. The buyers are a couple from Manhattan who work in finance and law. Three offers came in above ask within three weeks of the house going on the market. The one-time SRO was gutted and given a modern look inside.
“I see a strong Manhattan to Brooklyn trend of homeowners cashing out on their Manhattan condos and buying bigger spaces in Brooklyn,” the developer said. “While they do dominate a big part of Manhattan, the out of country/state buyers are not too much of a factor in Brooklyn from what I see,” he said.
House of the Day: 23 St. Felix Street [Brownstoner]
Since I seem to be consistently underestimating how much folks are willing to pay these days, i suppose I will simply stop commenting on price. This is a very impressive sale. Is it a bubble? The new normal? Who knows? I sure as heck don’t.