150 Bond Finally Sells—For a Loss
The sale of 150 Bond Street, which was a House of the Day a number of times, was recorded in public records yesterday. The price: $1,400,000. The property, which was pitched as a gutted blank slate that would allow its new owner to “build your dream house in Boerum Hill,” first hit the market asking…
The sale of 150 Bond Street, which was a House of the Day a number of times, was recorded in public records yesterday. The price: $1,400,000. The property, which was pitched as a gutted blank slate that would allow its new owner to “build your dream house in Boerum Hill,” first hit the market asking $2,495,000 in March ’08. The price was cut several times until it was asking $1,595,000 this summer. The seller purchased it for $1,725,000 in September ’07. This one seems like it was a victim of unrealistic pricing from the get-go and a down market in which fixer-uppers are a tough sell.
House of the Day: 150 Bond Street Revisited GMAP P*Shark
Open House Picks: Price Cut Edition [Brownstoner]
Houses of the Day: A Couple of Price Cuts [Brownstoner]
House of the Day: 150 Bond Street [Brownstoner]
150 Bond Price History [StreetEasy]
Ah, DIBS, you forgot to include, regarding the Fidelity announcement:
” The gains include investment returns, employee contributions and employer’s matches. ”
Just curious, do you use a bow and arrows to guard the animals in the bronx zoo? ROTFL!
Not sure if I want to venture into this arguement but at the end of the day the seller got 1.4 million for a shell. I don’t know about you but that is still a lot of money.
It’s virtualy impossible to get rehab money these days. You options are FHA 203k (which I no longer offer because they are just too damn work and have all types of problems) and Hard Money at 14% with 4 points at least.
Cash is king in the rehab business these days.
Kenny boy! Are you really Mongolian? Aha! that explains a lot about you!
lol Snarky.
> In this country, you say “Didn’t your mom teach you to….”
– http://redwing.hutman.net/~mreed/warriorshtm/grammarian.htm
“Grammarian usually has little to contribute to a discussion and possesses few effective weapons. To compensate, he will point out minor errors in spelling and grammar. Because of Grammarian’s obvious weakness most Warriors ignore him.”
mopar, were they able to fix the floor problem???
Oooppppps, I must be a scumbag foreigner…I spelled “home” wrong above.
lol etson, I would be on Dave’s must have list then.