A Couple of Co-op Sales
There are not a lot of sales taking place in the Brownstone Belt these days (most seem to be to the east or the south), but these two are proof that a few are still getting done. A garden duplex at 317 3rd Street closed for the asking price of $549,000 on January 21 while…
There are not a lot of sales taking place in the Brownstone Belt these days (most seem to be to the east or the south), but these two are proof that a few are still getting done. A garden duplex at 317 3rd Street closed for the asking price of $549,000 on January 21 while a two-bedroom at 59 Pineapple Street closed for $850,000 on January 15. The 3rd Street deal definitely came together post-Lehman, as we suspect Pineapple Street did as well. What do you read into these?
Sold: 317 Third Street #1B [StreetEasy] GMAP P*Shark
Sold: 59 Pineapple Street #2BC [StreetEasy] GMAP P*Shark
Streeteasy has it at 950sf. Half of it on the lower level, so take that for what it is.
garden duplex on 3rd street for 550k?
who big was it? you cant look at streeteasy sales without paying.
If the market has as you said BH76 come to a screeching halt – then who is out there looking and buying? People are in fact doing so, maybe not in droves but there are folks out there and they aren’t offering 50%off comps!
cornerbodega is right. The rare honest broker will tell you that the market has essentially come to a stop. Most people who are looking are hoping for desperation — “bid half off comps.”
“And yet, BHO, contrary to what you may believe, places are selling every day. Truly amazing.” ~ Dibs
Another day, another idiotic post from Dibs. Hey, Dibs guess what, people are still buying cars on a daily basis.
And yet, BHO, contrary to what you may believe, places are selling every day. Truly amazing.
“What do you read into these?”
A grasp for straws.
***Bid half off peak comps***
What I read into this is: “I might actually be able to afford a half-decent co-op in Park Slope at some point”
What do I read into this? May I reiterate your opening statement of, “There are not a lot of sales taking place in the Brownstone Belt these days…”?