Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less: $250K or under: MARINE PARK 1715 Stuart Street; Price=$175,000 GMAP This is a 1,388-sf, single-fam house, according to Property Shark. Entered into contract on 12/15/09; closed on 12/15/09; deed recorded on 12/31/09. $250-$500K Range: BOERUM HILL 378 Baltic Street #9B; Price=$415,740…
Some of the sales recorded last week that went for $1 million or less:
$250K or under: MARINE PARK
1715 Stuart Street; Price=$175,000 GMAP
This is a 1,388-sf, single-fam house, according to Property Shark. Entered into contract on 12/15/09; closed on 12/15/09; deed recorded on 12/31/09.
$250-$500K Range: BOERUM HILL
378 Baltic Street #9B; Price=$415,740 GMAP
This is 650-sf 1-bedroom in the unlikely condo success story 378 Baltic. Entered into contract on 10/29/09; closed on 12/14/09; deed recorded on 12/30/09.
$500-$750K Range: CROWN HEIGHTS
570 Park Place; Price=$665,000 GMAP
This 2-family on the Prospect-Crown Heights border needed a little “TLC,” according to its ad, but that didn’t stop it from selling quickly at a hair above asking. It was listed for $659,000 in September. Entered into contract on 10/30/09; closed on 12/17/09; deed recorded on 12/30/09.
$750K-$1 Million Range: PARK SLOPE
920 Union Street #3B; Price=$861,000 GMAP
Another property that went for more than it was asking: StreetEasy says this 2-bedroom co-op hit the market in September, with a $799,000 price tag. Maintenance=$1,088/month. Entered into contract on 10/10/09; closed on 12/16/09; deed recorded on 12/28/09.
Photos from Property Shark
I’m surprised that no one is talking about the Park Slope property that went for over ask.
While on the topic of Park Slope, a friend and client is looking for a 2 Bedroom Condo or Coop with good light, outdoor space either private or shared in Park Slope PROPER in the 500-700k range. If closer to 700k it would need to have lower CC or tax abatement.
Got any good leads???
adahill AT wcslending.com
Benson, I scrolled the whole thing and still don’t see it. I can see the $175k transfer and the title docs section, but don’t see any sales for previous years. Are you a subscriber and get more info? I just have a free account.
God, I should really proof-read my posts better before hitting “Post”. Here is a re-write:
Joe;
The DOB records show that this house was built in 1925. I repeat again, this is readily apparent from the picture. These houses are very specific to the 1920’s. The key points of this type of 1920’s Dutch Colonials are as follows:
a) front, enclosed, unheated front porch. There is NO WAY that such a feature would have been built in the 1950’s, as it had become unpopular by then.
b) Windowed dormer.
Snappy;
Go all the way down towards the bottom of the Property Shark listing.
Joe;
The DOB records show that this house was built in 1925. I repeat again, this is readily apparent from the picture. These houses are very specific to the 1920’s. The key points of this type of 1920’s Dutch Colonials are as follows:
a) front, enclosed, unheated front porch. There is NO WAY that such a feature would have been built in the 1920’s, as it had become unpopular by then.
b) Windowed dormer.
kens,
I think you’re right,
I haven’t seen houses at this price for
very long time.
perhaps it was sold to a relative or
something like that.
Marine Park actually has good schools
and is a pretty safe area like
jester said.
Hold on…Benson, I’m looking at Property Shark and can’t find the sale info you listed above. How did you get that?
The house really did sell for 175K according to all documents on ACRIS and even mortgage was taken out but I will still say that there must have been some money exchanged under the table to avoid estate taxes (looks like an estate sales by the daughter of the original owner who was holding on to the house for sometime and probably living in it as well since she is listed as the resident of the house for a while). Co-ops in the area go for around that much so I am willing to place a wager that the house didn’t really sell for 175K or exchanged hands within family for that much. THE END.
Thanks for the info, cis2000!
Sorry to burst everyone’s bubble but there is really nothing available for $175K in Marine Park. This must have been a foreclosure or a family transfer. Marine Park houses, some albeit small start in the $400K range and trend upward with size/location to $900K. Marine Park is a wonderful neighborhood where you know everyone on your block and the schools are great. There is a real sense of civic pride in Marine Park and of course, being located around the largest park in NYC (sorry Prospect park)there are all types of wonderful benefits. Regarding the house type, wood frame houses continue to be built today, just not in Manhattan. I live here in Marine Park in a lovely wood frame Dutch Colonial that is approcahing 100 years old. Come out to Marine Park sometime and maybe you’ll stay!! Check out my website http://www.brooklyndreamland.com for some more info on this part of Brooklyn.