101 Lafayette FSBO Goes for 8% Over Ask!
Calling all bulls! This one-bedroom FSBO (advertised on the Brownstoner Marketplace, by the way) at The Griffin in Fort Greene recently closed for $430,000, which wouldn’t be particularly noteworthy except for the fact that it was originally asking $399,000 when it was on the market last fall. (A look at the comments shows that the…

Calling all bulls! This one-bedroom FSBO (advertised on the Brownstoner Marketplace, by the way) at The Griffin in Fort Greene recently closed for $430,000, which wouldn’t be particularly noteworthy except for the fact that it was originally asking $399,000 when it was on the market last fall. (A look at the comments shows that the owner chimed in at the time with the news that he already had an above-ask offer. Now we know how much over ask!) Go Fort Greene!
Co-op of the Day: 101 Lafayette Avenue, #17E [Brownstoner] GMAP P*Shark
[gnaws own leg off to escape]
This is clearly a snark trap, and I refuse to take the bait!
As a new reader this year, I’ve been quite non-plussed by the naive comments on the market from the many otherwise well-informed young people writing in your comment section.
As a retired broker living since my birth in the ‘new’ Crown Heights ‘North’, I have watched in wonder at the changes in the last 30 years, starting in the 1980s.
Clearly – to me at least – this is an upward market that has not yet hit its peak. However, this, only the latest run up, may at best last until the end of next year when President Obama is (god willing) re-elected. Or it may go well into 2012. Who knows?
I got a nice laugh about astringer and BHO’s comments on the thread about questioning whether the market has “bottomed”. If anything, we are nearer to a top. Some people just keep wearing bell bottoms and eventually will be on the right side of the trend.
At this price, the other 1 bedroom in this building that was coop of the day seems like a deal. Agreed that ground floor and lighting is not ideal, but it’s considerably bigger(over 200+ sq ft)and also has outdoor space.
http://www.101lafayette1h.com
it’s not jejune and puerile, it’s retarded.
> I remember when this building was such a pit.
The common areas and hallways are still pretty pit-like, which is one reason the high prices continue to astound me.
> cheerleading for overpriced property is totally jejune and puerile.
I think it’s cute that you’ve learned two new words, but using them on every thread is perhaps a trifle jejune and puerile.
Nice to see when an owner can do well FSBO.
I’ve got nothing particular against brokers (although, in specific, we’ve all been annoyed by annoying broker behavior, both as buyers and sellers), but their services do cost a seller a lot.
This one shows that if you’ve made your place nice, and are willing to do the marketing, you can pocket that money for yourself.
My future comments on listings featured here will say I predict it will go over ask.