Residential Sales in Brooklyn
WINDSOR TERRACE $349,000 135 Prospect Park SW GMAP 1-bedroom, 1-bath, 700-sq.-ft. co-op in a prewar brick and limestone building; windowed eat-in kitchen and bath, hardwood nd parquet floors, Prospect Park view; laundry and storage in building; maintenance $433, 50% tax deductible; listed at $349,000, 15 weeks on market. Broker: Orrichio Anderson Realty. Photo by Kate…

WINDSOR TERRACE $349,000
135 Prospect Park SW GMAP
1-bedroom, 1-bath, 700-sq.-ft. co-op in a prewar brick and limestone building; windowed eat-in kitchen and bath, hardwood nd parquet floors, Prospect Park view; laundry and storage in building; maintenance $433, 50% tax deductible; listed at $349,000, 15 weeks on market. Broker: Orrichio Anderson Realty. Photo by Kate Leonova for Property Shark.
SHEEPSHEAD BAY $740,000
2467 East 14th Street GMAP
4-family, 81-year-old brick-sided house; 2 bedrooms, 1 bath, dining area, living room, high ceilings in each unit; private driveway; 20-by-100-ft. lot; taxes $5,059; listed at $789,000, 2 weeks on market. Broker: Carollo Real Estate.
BROOKLYN HEIGHTS $5,000,000
29 Garden Place GMAP
2-family, 3-story landmark brick house; built circa 1899; 4,500 square feet; 25-by-89-ft. lot. We saw that this one sold via Property Shark but couldn’t find a listing or more details about it. Anyone been inside it or have details about the sale?
First two items from the print edition of yesterday’s New York Times.
Not fishy? Perhaps, but to say that $3m 4 years ago justifies $5m today explains why the market is out of control. Everyone wants to be rich overnight.
Garden Pl is listed on BrooklynBridge and HarborView sites. and probably others.
Garden Pl had sales near $3m four years ago so $5m today doesn’t seem anything to question. (remember this is 25′ widehouse).
Buyer puts up $2m and mortgages $3. Do a search on his name and see started his own investment firm. So probably well qualified.
So tell me what is so fishy.
if people pay a million and half bucks to live in clinton hill, or odder yet, fort greene, then 3 million bucks for garden place seems reasonable.
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there are very very nices on sale on Garden Place in this price range (I see 3 from 4.4-6.995). the place listed here is not in that league. something fishy there.
been in the garden place house 20+ years ago. owned by a family with two boys; they lived on the top two floors and possibly the parlor as well.
Nice enough house — had a nice extension and was light and sunny.
Still, paying 5MM to live here seems a bit ridiculous — the three houses on the henry st side of the block are for sale for 3MM and are roughly the same size, and even those are wildly overpriced.