Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less: Under $250K: PARADE GROUNDS AREA/FLATBUSH 25 Parade Place, Unit 6H; Price=$180,000 GMAP This 675-square-foot studio hit the market in late ’08, according to StreetEasy, and went into contract pretty quickly. Maintenance is $486. Entered into contract on 1/27/09; closed on 3/26/09;…
Some of the sales recorded last week that went for $1 million or less:
Under $250K: PARADE GROUNDS AREA/FLATBUSH
25 Parade Place, Unit 6H; Price=$180,000 GMAP
This 675-square-foot studio hit the market in late ’08, according to StreetEasy, and went into contract pretty quickly. Maintenance is $486. Entered into contract on 1/27/09; closed on 3/26/09; deed recorded on 4/3/09.
$300-$500K Range: PARK SLOPE
302 2nd Street, Unit 12H; Price=$461,308 GMAP
This 684-square-foot, 1-bedroom condo in the Crest was originally listed for $579,000 in mid-2007, according to StreetEasy. Entered into contract on 2/26/09; closed on 3/18/09; deed recorded on 4/3/09.
$500-$750K Range: KENSINGTON
216 Beverley Road; Price=$695,000 GMAP
This 1,460-square-foot, four-bedroom, single-family house was asking $750,000 when it hit the market in September, and its price was never reduced. Entered into contract on 12/10/08; closed on 2/12/09; deed recorded on 4/1/09.
$750K-$1 Million Range: WINDSOR TERRACE
538 16th Street; Price=$840,000 GMAP
This 1,862-square-foot house supposedly sparked a bidding war last February, but it never sold. At that point, it was asking $999,000. The house came on and off the market last year, with its price eventually reduced to $949,000, according to StreetEasy. Entered into contract on 2/26/09; closed on 3/23/09; deed recorded on 4/1/09.
25 Parade Place and 216 Beverley Road photos from Property Shark
My close friends were part of the bidding war at the WT house, but that was months ago (pre-Lehman) – and after an offer was accepted the listing was pulled due to estate issues. My friends went on to buy another house in WT, but that particular house had a bunch of weird issues, driven by the kids who were selling for their deceased parent or grandparent. Not sure it is the best barometer of the HOTD listing.
The HOTD is about 2700 sq feet based on the records. Having been inside houses of both types, there is a big difference between the two.
I thought someone said the HOTD yesterday was 800 sf per floor?
Wouldn’t that make it 2400 sf, thus only 540 sf larger?
And that house needed considerable work.
This house is about a thousand sq feet smaller than the HOTD yesterday.
then that WT HOTD, at 1.6M, is in trouble. Have so suspect buyers with means to buy at 1.6M will be smart & aware enough to take advantage of situation and squeeze hard.
more4less – This WT house is one block away from yesterday’s HOTD. Both are nice blocks.
Very cool to see some real world buying and selling.
“how is the location of this WT place compare with that 1.6M HOTD yesterday?”
I think this is one block down. One block farther from commerce, one block farther from subway, one block farther from foot traffic. Perhaps a slightly nicer block. I’d call it a wash.