Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less: $250K or under: KENSINGTON 207 Ocean Parkway, Unit 6J; Price=$208,000 GMAP This 1-bedroom co-op was listed for what it went for, according to this PDF. Listing said it was “fully renovated.” Maintenance=$375. Closed on 7/20/09; deed recorded on 7/24/09. $250-$500K Range:…
Some of the sales recorded last week that went for $1 million or less:
$250K or under: KENSINGTON
207 Ocean Parkway, Unit 6J; Price=$208,000 GMAP
This 1-bedroom co-op was listed for what it went for, according to this PDF. Listing said it was “fully renovated.” Maintenance=$375. Closed on 7/20/09; deed recorded on 7/24/09.
$250-$500K Range: WINDSOR TERRACE
135 Prospect Park Southwest, Unit 12F; Price=$390,000 GMAP
This 1-bedroom was asking $399,000 when it was a Co-op of the Day in May. The maintenance is $458. Closed on 7/17/09; deed recorded on 7/24/09.
$500-$750K Range: CROWN HEIGHTS
1201 Union Street; Price=$663,000 GMAP
This wide 2-family was asking $719,000 when it was a House of the Day last November. Entered into contract on 2/13/09; closed on 6/1/09; deed recorded on 7/22/09.
$750K-$1 Million Range: GREENPOINT
82 Norman Avenue; Price=$775,000 GMAP
This 3-family was initially listed for $995,000 last December and was said to need TLC. Entered into contract on 4/12/09; closed on 7/2/09; deed recorded on 7/20/09.
Photos from Property Shark
“Forrest Hills!”
Is that where Forrest Gump lives?
“…doesn’t that still seem like a lot of money?”
In this case, things ARE what they seem. The peak COULD NOT have been much more than that. I once accompanied a friend to look at a big 2BR/2BA, brand spankin’ new, abated condo with parking in Forrest Hills for $400K in 2004. Forrest Hills!
So, no, that’s not down quite a bit for Jackson Heights.
***Bid half off peak comps***
I 2nd Snark’s comment on Jackson Heights. That sounds more expensive than even Forest Hills which normally has higher prices
> Jackson Heights… big two-bedroom …for about $370,000 or $400,000…
No offense intended to Jackson Heights – I like the neighborhood – but doesn’t that still seem like a lot of money?
Looks like a “jello” market. Everything’s stuck, not much movement.
WT seems analogous to Jackson Heights. That’s down quite a bit. You can buy a big two-bedroom apt with an elevator there for about $370,000 or $400,000 now.
Perhaps, perhaps.
i’m a bit in the BS-zone here. but is it possible that areas like WT are holding up better because they had less of a run-up in prices/inventory to begin with – unlike some other ‘non-prime’/’fringe’ (sort of hate all those words) areas like clinton hill, south/east williamsburg, or harlem in mnhtn, where there was much more speculation, development, hype etc?
I like Crown Heights. Looks like a downward compressed brownstone.
***Bid half off peak comps***
lala – I think the widget would have said $650K, so this price is about right. It was a lalaland asking price thats for sure.