Residential Sales in Brooklyn
WINDSOR TERRACE $800,000 543 16th Street (Park West) GMAP 2-bedroom. 2-bath, 1,211-square-foot condo in a newly constructed building; dining area, eat-in kitchen with granite countertops and stainless steel appliances, marble baths, Brazilian cherry wood floors, balcony, whirlpool, home office, 2 exposures; common charge $259; taxes $1,331 (abated); listed at $799,000 (multiple bids), 13 weeks on…
WINDSOR TERRACE $800,000
543 16th Street (Park West) GMAP
2-bedroom. 2-bath, 1,211-square-foot condo in a newly constructed building; dining area, eat-in kitchen with granite countertops and stainless steel appliances, marble baths, Brazilian cherry wood floors, balcony, whirlpool, home office, 2 exposures; common charge $259; taxes $1,331 (abated); listed at $799,000 (multiple bids), 13 weeks on market. Broker: Brooklyn Properties of 7th Avenue.
DITMAS PARK AREA $300,000
551 Rugby Road GMAP
2-bedroom, 1-bath, 948-square-foot condo in an 87-year-old house; renovated eat-in kitchen and bath, living room, home office, high ceilings, original moldings and detail; common charges and taxes $350 per month; listed at $300,000, 16 weeks on market. Broker: Mary Kay Gallagher.
From the print edition of yesterday’s New York Times
Folks did anyone read the write up, it’s says to rent till conversion is complete..
“Can rent for $1,400/month until conversion in July 2006”
I am guessing it took a lot longer for the conversion to be done, I have no idea what the conversion process is but if you have to deal with NYC Building Department I am sure a long time…
Oops, didn’t see that it was a condo inside the house!! My mistake.
$300K for a house on Rugby? Wow. I see that it’s small, but what a fab. price.
Not bad at all really, far better than a lot of pure crap we saw in “prime park slope” for way more $$$. Decent finishes, pretty bathrooms and 16th Street is lovely from 8th all the way down to the park. This bldg. fit in decently with the existing homes on the block. 975K for a two bedroom just wasn’t what we wanted to spend. Turned out fine for us though.
How did the apartment look?
These have definitely been slow moving, and I wonder if the $800,000 represents a price cut from initital offering–pretty odd to suddenly have “multiple bids” on something that wasn’t going anywhere for so long.
Oops, typed too quickly without enough coffee in the system, $1K it is.
It’s the same apt., I bought two blocks away and the broker kept us very up to date regarding the doings of said apt. The original ask in April/May ’06 was 975K.
Waiting an entire year to get your asking can sometimes be an exercise in foolhardiness, no..?
Obviuosly, the other bids were under asking.
If it spent a year on the market, I’d say that was time worth waiting if they got their asking.