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.
i agree slopefarm. i do not believe these deals are fraudulent in and of themselves, but rather the vehicle to clean up illicit cash.
and yes i am old enuf to remember crazy eddie. (and to remember being annoyed by his screaming ads.)
Here it is
http://www.nytimes.com/2007/10/14/magazine/14syrians-t.html
“And miss the opportunity to see mckenzie and his ilk stick an entire Converse in their mouth? Not on your life, pal.”
Speaking of which, this thread is proof we’ve seen the last of propjoe, whether he was banned, gave up, or whatever.
By Biff Champion on May 19, 2011 1:24 PM
Every time a Gravesend home sale like this is posted, there should be an accompanying link to the NY Times article on Syrian Jews (in the event Slopey isn’t around to explain it all over again).
…
And miss the opportunity to see mckenzie and his ilk stick an entire Converse in their mouth? Not on your life, pal.
Also, I don’t think many of you realize how opulent the interiors of these houses are. I know a few Syrians and trying to match each other and one up is very common. You got a mahogany walk in closet? I’m getting one too.
Building sub basement levels seems very popular there lately. I don’t know how they do it but they do it.
Every time a Gravesend home sale like this is posted, there should be an accompanying link to the NY Times article on Syrian Jews (in the event Slopey isn’t around to explain it all over again).
Very funny, anti and m4l. Your young prosecutor would be better off looking up the owners in the transactions and then looking at their businesses, not the RE transactions. I would expect the transactions to be clean. The businesses through which they made their $$? Well, are you old enough to remember Crazy Eddie? For a lot of these folks, though, I wouldn’t expect to find much more than some sales tax skimming and maybe “three sets of books,” as the old joke goes.
I hear Carl Kruger bought this place.
i’ll make sure not to answer the door 😉