Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less: $250K or under: KENSINGTON 350 Ocean Parkway, Unit 3C; Price=$232,000 GMAP This is a 700-sf, 1-bedroom co-op, according to its FSBO listing. It went for $3,000 more than what it was asking. Maintenance= $591. Closed on 7/28/09; deed recorded on 8/5/09….
Some of the sales recorded last week that went for $1 million or less:
$250K or under: KENSINGTON
350 Ocean Parkway, Unit 3C; Price=$232,000 GMAP
This is a 700-sf, 1-bedroom co-op, according to its FSBO listing. It went for $3,000 more than what it was asking. Maintenance= $591. Closed on 7/28/09; deed recorded on 8/5/09.
$250-$500K Range: BUSHWICK
356 Suydam Street; Price=$460,000 GMAP
This 1,500-sf single family last sold for $430,000 in 2006, according to PropShark. Entered into contract on 4/7/09; closed on 7/28/09; deed recorded on 8/6/09.
$500-$750K Range: SUNSET PARK
448 53rd Street; Price=$530,000 GMAP
This small 4-bedroom house was originally listed for $599,000 last October, says StreetEasy. Entered into contract on 3/30/09; closed on 7/20/09; deed recorded on 8/5/09.
$750K-$1 Million Range: SOUTH SLOPE
222 14th Street; Price=$760,000 GMAP
This house was listed for $799,000 in April. Property Shark reckons it’s a 2,000-sf two-family. Entered into contract on 4/13/09; closed on 7/28/09; deed recorded on 8/5/09.
Photos from Property Shark
Slopefarm – you are totally right, that is a Charrette development. I wonder how on earth they find out about listings like this – it was listed for 3 days. Seems odd.
“Jeez, who would spend that kind of money on those Bushwick and Sunset Park houses?!?”
Sorry Park Sloper. We can’t ALL be condescending Park Slopers.
Is the price nutty? Sure. But so are brownstones in YOUR more desired and better-than-thou hood. That being said, I’m glad prices are holding in the “fringe”. (Well, at least in this one-off example)
Sparafucile, fwiw, an organic fauxdega is going in around the corner.
DeLepp, here is one my sis sent me but it needs a total gut basically.
http://www.trulia.com/property/1084323582-227-Ocean-Pkwy-3D-Brooklyn-NY-11218
Yeah there are a couple of buildings with pools and I’ll give you the addresses when we get together on Thursday. I don’t remember off hand but if my sis is lurking she can feel free to comment. She knows all the buildings in our hood pretty well.
thanks kens,damn there are pools out there! Need to get her in one of those.
DeLepp, bring her around and we’ll talk. I think Kensington in general is a solid investment. There are regular no frills co-ops and a few luxury ones with pool and doormen but those obviously will have the higher maintenance. Rentals are very reasonable as well.
Bushwick looks very much like Nehemiah Houses architecture. It is remarkable that this land, that was not worth the back taxes 20 years ago, now has a half-million dollar home on it.
kens, I’ve got a friend interested in kensington/ditmas. Looking to buy but I told her maybe rent first to get a handle on the hood. Will drag her next week to beer hall if possible.
I live around the corner from the Bushwick house and I am amazed that they can get this kind of money for these crappy 80’s infill houses. There are loads of these around Bushwick that were built after the fires in the 70’s. Most were built with public money and then practically given away in order to get people to stay in the neighborhood. Bushwich sure has come a long way.