155 Warren Sells; Highest Price Ever in Cobble Hill?
Here’s a post-Lehman data point for you: 155 Warren Street, the gorgeous 7,000-square-foot townhouse-cum-carriage-house property in Cobble Hill that attracted (much-deserved) attention when it hit the market in the fall of 2007 with a price tag of $8,750,000. As you can see from the price history (on the jump), it was a tough slog for…
Here’s a post-Lehman data point for you: 155 Warren Street, the gorgeous 7,000-square-foot townhouse-cum-carriage-house property in Cobble Hill that attracted (much-deserved) attention when it hit the market in the fall of 2007 with a price tag of $8,750,000. As you can see from the price history (on the jump), it was a tough slog for the princely pad. From the looks of it, someone swept in in November when the asking price was still $5,900,000 and offered $5,400,000. Given that the transaction only took a month to close, we’d bet it was an all cash deal. Waddya make of that?
HOTD: 10% Off at 155 Warren Street [Brownstoner] GMAP P*Shark
House of the Day: $8.75 Million in Cobble Hill? [Brownstoner]
Saw the house as well during an Open House. Amazing property. Tons of space, tasteful renovation and 4 car garage ! In the best neighborhood in Brooklyn, Cobble Hill so no surprise !
Must have been Russian oil money . . .
Whoever paid that price either is filthy rich or incredibly naive.
Market value will plummet 50% by this time next year.
“Here’s a post-Lehman data point for you…”
Just one?
“Miss Muffett, BHO, cornerbodega??? Hellllloooooo???”
You rang? Oh, a sale. That’s soooooooo cuuuuuuuute – look at that little sale! And how are the total number of sales doing? Oh, down -60% according to ACRIS. What happens to prices after volume collapses? The same. In your own words, “Hellllloooooo???”.
***Bid half off peak comps***
It will someday cornerbodega, just like your rent.
Dibs, congrats your crib in the ghetto just doubled in price. Whens the party?
Beautiful place and very atypical. Truly a special sale. Where else in *prime* Brooklyn can you find a house AND carriage house, along with 3,706 sq ft of unused FAR? Oh, and someone with $5 million cash who wants it now!
City of Albany politics – that must’ve been interesting. That’s a pretty rough town. You have the student ghetto and you have Arbor Hill (the real ghetto). Downtown is nice, but Arbor Hill may give Camden a run for it’s money as one of the most run down crack infested areas in the country (at least when I was there in the 90’s – not sure how it is now).
hey ilikeslices – the picture of the attic in this house looks like there’s roof access. Was there any kind of usable outdoor space up there? This house probably has some decent views where it is if it’s high enough.
That’s a house to fall in love with, at which point $$ don’t matter.
Are these really Ikea cabinets??? That’s a great kitchen layout.