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
it’s official, bho wins.
50% off peak comps.
game over.
If I get too itchy, I’ll likely just leave NYC and buy elsewhere. I know most people will disagree with me on this, but for me, paying hundreds of thousands of dollars to have some board tell me what I can and cannot do with my property is asinine and Coop/condo living is far too much like dorm living to me. Besides, I’m super loud with my music and my neighbors would hate me!
Joe, I don’t do Coops. For me, when and if I buy, it’s single family or bust.
Posted by: InsertSnappyNameHere at January 7, 2010 11:59 AM
I’m with you on that Snappy. I will probably have to settle for a Coop if I’m still single when I’m ready to buy in (hopefully)a few years.
NO WAY that house sold for 175K even in horrible condition. I know that area very well. Probably some sort of inside sale.
Joe, I don’t do Coops. For me, when and if I buy, it’s single family or bust.
I guess I’ll scratch checking out homes in Marine Park off my to do list 🙁
Posted by: InsertSnappyNameHere at January 7, 2010 11:53 AM
You can get a nice one Bedroom Coop across from the park on Bernett Street for around 100-125K
“That MP house must be in pretty bad shape. It’s also probably on of those tiny, shoddy wood “Realty” homes built in the 50’s and 60’s before NYC building code required brick
Posted by: Joe from Brooklyn at January 7, 2010 11:11 AM”
Joe, Joe, Joe;
Che cosa faro’ da te!?!?!?
I thought you knew southern Brooklyn. The house shown was clearly built in the 1920’s. This type of house was known as a “Dutch Colonial”,and was built by the 10’s of 1000’s in the 1920’s.
My in-laws live in a house very similiar to this.
Posted by: benson at January 7, 2010 11:52 AM
The cheaper “Realty” homes from the 50’s I’m speaking about look very similar but are smaller,probably around 1200 square feet and are shoddy wood construction. If this is a 20’s 30’s it should fetch about 450-475K
I guess I’ll scratch checking out homes in Marine Park off my to do list 🙁
Marine Park house is a red herring. Houses start at $400 K and go up from there. Still a bargain in Brooklyn, especially for a such a safe, clean, neighborly place. Believe it or not, there are great restaurants, bakeries, local shops, not to mention the park itself.