30 Orange Street Sells for $2,775,000
When we posted about 30 Orange Street back in April, the four story brick house had just had its asking price cut from $3,100,000 to $2,900,000. (As a commenter points out below, it began life at $3,250,000 in February.) Despite the fact that the house needed a full renovation, the consensus opinion seemed to be…
When we posted about 30 Orange Street back in April, the four story brick house had just had its asking price cut from $3,100,000 to $2,900,000. (As a commenter points out below, it began life at $3,250,000 in February.) Despite the fact that the house needed a full renovation, the consensus opinion seemed to be that the market-clearing price could not be much less. Sure enough, the property went into contract at the end of June for $2,775,000 and just closed on July 30.
HOTD: 30 Orange Street [Brownstoner] GMAP P*Shark
Quick close! Seemingly low comp for the area. Family or friend?
No, the new owner is Roelfien Kuijpers, a lady who managed an evil way to be famous in the financial district.
Another Joan Goldberg/ BHS listing featured by BROWNSTONER. Have you no shame???
this is a beautiful home. congrats to the lucky buyer.
perfectly lovely.
To (sort of) answer my own question: I poked around some online sources, and while I never figured out how this house’s sale price compared to similar houses, I did discover that all the house sales that closed this year in Brooklyn Heights sold at a 10-15% discount to the original asking price (except for one which sold at ask). This surprised me – the percentage number might not be significant (as someone else mentioned above), but the fact that all of the houses are going under ask could be – I assume is a change from prior years.
Disagree with thinking twice about “living in the 5 boros until kids finish high school”. We’ve raised our kids in the City (teens now)and it’s worked out great. It may take a little more energy than in the suburbs, but in the end I think you know your kids better. At a minimum it beats commuting and leaving the house at 7AM and returning at 7PM. The commuter doesn;t see their kids much.
Noki:
Yes, i think your twenty year scenario is fine.
With three children, you may want to think twice about living in the 5 boros at all until they finish high school.
I love the picture you paint. A nip of sherry amidst stacks of unopened boxes and unrolled Persian carpets (which really tie the room together 😉 and all the time in the world in front of you, to dream and plan.
Wish we could.
With two little ones underfoot, and a possible third in the works, such a scenario would test me to my outer limits. But if it were just me and my husband, we’d probably open up the fireplaces first, then slowly and patiently get to planning.
It sounds romantic, unhurried and lovely. Maybe in twenty years!
“…the day after the closing I would move in, put down my persian carpets, and after the movers leave, have a sip of sherry…”
I like your style.
“…does anyone actually have a basis to back up either of these assertions?”
My general sense of Brooklyn Heights brownstones and other properties on BHS. It just seems like this location (close to promenade) is untouchable and brownstones go for upwards of $4M. I guess that price is for bigger and better quality brownstones in that ‘hood.