Brooklyn Bargains? This Week's Condo Price Cuts
30 Bayard Street #10B 1419-sf, 3-bed, 2-bathOriginal listing: $1,280,000, 10/27/08Price as of 12/02/08: $1,195,000Listed by Elliman 66 North 1st Street #3B 1079-ft 1.5-bed, 2-bathOriginal listing: $799,000, 11/28/08Price as of 12/02/08: $775,000Listed by Corcoran 360 Furman Street #511 % | % Single Page
30 Bayard Street #10B
1419-sf, 3-bed, 2-bath
Original listing: $1,280,000, 10/27/08
Price as of 12/02/08: $1,195,000
Listed by Elliman
66 North 1st Street #3B
1079-ft 1.5-bed, 2-bath
Original listing: $799,000, 11/28/08
Price as of 12/02/08: $775,000
Listed by Corcoran
360 Furman Street #511
683-sf studio, 1-bath
Original listing: $795,000, 6/26/08
Price as of 12/02/08: $695,000
Listed by Stribling
I’ve been hearing so much of the “things will get interesting/prices will fall in a few months” chatter, but I’m not sure what it’s based on. I don’t have my head in the sand, and I realize what’s happening to the economy, but what looms on the horizon that is going to change the game even further?
Outside of job losses and mounting pressure for developers to sell sell sell, or rent rent rent, there are also pieces in place to give home buyers a life – like 4.5 from Fannie and Freddie – that could counterbalance the downward trend and stabilize the situation somewhat.
But if anybody knows anything that can point to $800k condos suddenly being available for $500k, please share.
Cheers!
You call these bargins? Wait a little longer say a few months. Things are going to get really really interesting
“some here would think it should be 95, or will be by Q4’09.”
95 by Q409?
I’ll say 525.
Lets compare notes then.
360 Furman Street
Original listing: $795,000,
Price as of 12/02/08: $95,000
Wow, from “795,000 to 95,000.” I guess the sky is falling or at least the typos are.
some here would think it should be 95, or will be by Q4’09.
typos fixed, folks!
$95K would be a steal for Furman — but it is $695K!
360 Furman Street
Original listing: $795,000,
Price as of 12/02/08: $95,000
Wow, from “795,000 to 95,000.” I guess the sky is falling or at least the typos are.
brownstoner, furman st. is 695, not 95.