Another Record Sale in Gravesend?
We’re not yet halfway into the year, but the sale of a Gravesend house that was just recorded in public records could very well end up being Brooklyn’s priciest residential transaction of 2011. The single-family at 451 Avenue S, which PropertyShark reckons weighs in at 2,914 square feet, sold for $10,250,000. Simply on a price-per-square-foot…
We’re not yet halfway into the year, but the sale of a Gravesend house that was just recorded in public records could very well end up being Brooklyn’s priciest residential transaction of 2011. The single-family at 451 Avenue S, which PropertyShark reckons weighs in at 2,914 square feet, sold for $10,250,000. Simply on a price-per-square-foot basis this has got to be one of the biggest sales ever in Brooklyn history, though for total dollars it trails other Gravesend sales like 450 Avenue S, which sold for $11,000,000 in 2003, and 2111 East 2nd Street, which sold for $10,260,000 in 2009. And, of course, there are some Brooklyn Heights properties in the borough’s $10 million+ club, like 88 Remsen Street, which sold for $10,800,000 in 2008. Even still, Gravesend remains a world of its own when it comes to prop values. GMAP
Photo from PropertyShark.
Mc Kenzie “this is the way it works, there are two cousins both with millions of dirty money in the bank”. Why would you have dirty money in the bank? Last I checked money laundering and tax evasion had to do with hard green cash.
It’s obvious that most of you don’t know the area and the people that live in it. If this house sold for 2 million like Zillow says it’s worth then there would be a case of money laundering because it would mean that there was 8 million in cash at the closing. No one purchases a 10 million dollar house with a recorded sales price of 10 million to launder funds! It’s a very pricey area & that house is on the priciest block. Properties 3 blocks away can trade for 2 million but that house is a crown jewel on the best block. Most of these house have elevators, in ground swimming pool and basements dug deep enough with full court basketball courts that even the knicks can use for practice. Finishes that are all 100% custom made and ordered usually from over seas. It’s 70% the location but these houses are very expensive to build as well.
Hello? Guess no one reads the newspapers? Dwek, Ben Haim, Kassin, Nahum Fish (& his brother). This is the top of the food chain, but the tip of the iceberg. Lets not even talk about Levy Rosenbaum. Most of these guys pled outright guilty but it took 30 years to get the old guys. AND…. course…..minimal or no jail time. Getting off easy after something like this takes BIG connections. Clearly much bigger than your stereotypical naive park slope liberal stroller mom desires to comprehend.
Once its laundered its legit. See how it works?
Using the loot to grease whatever is squeaking becomes “charity” in this country. In case you didn’t notice, its a match made in heaven for our political system. I’m not just talking about the schmucky local politicians that got caught up in that “little” sting.
Doesn’t take a genius to figure out it goes WAY beyond that. In case no one was watching, Syria is in play i the middle east and is a HUGE deal. Also, there’s that little dealie called terrorism.
The CIA is dying to recruit anyone speaks Arabic.
Guess what, who speaks great arabic and has the perfect cover, willing to do business with anyone?
EXACTLY.
And around we go.
So, then you think, maybe its not the worst thing that is going on. Welcome to the game.
The stories of this unique community are interesting to hear but we’ve heard them already and I’m so tired of seeing regular “stories” on Brownstoner about record-breaking sales in this neighborhood. This isn’t news and it doesn’t apply to Brooklyn real estate in general.
Laundering money? Is that supposed to be a clothing pun? The prices are high because high prices are bad for diversity. Some people pay a premium for a good school. People in this neighborhood pay a premium to know their neighbors think just like them, worship just like them. Not illegal. The price per square foot doesn’t matter much. It’s about the land. People will drop a few million in cash for a home only to tear it down the next day. But conspiracy theorize away. I hear one of the Elders of Zion lives in the neighborhood.
Syrian Jews don’t call a synagogue a “Shul”
quote:
That clump of three evergreens looks scared, though. Why are they cowering in the corner like that?
cuz trees are smart enough to not to believe in the crazy bananas shit that humans believe in.
*rob*
This house is pretty attractive. i like all the stairs. That clump of three evergreens looks scared, though. Why are they cowering in the corner like that?
I was in South Williamsburg Sunday with an ex-Satmar, now conservative rabbi, and he said there was no string!