Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less: $250K or under: KENSINGTON 495 East 7th Street, #5H; Price=$145,000 GMAP This 600-sf, L-shaped studio was first listed for $172,000 in May, according to StreetEasy. The price was cut a few times, until it was ultimately asking $148,000. Maintenance=$335/month. Closed on…
Some of the sales recorded last week that went for $1 million or less:
$250K or under: KENSINGTON
495 East 7th Street, #5H; Price=$145,000 GMAP
This 600-sf, L-shaped studio was first listed for $172,000 in May, according to StreetEasy. The price was cut a few times, until it was ultimately asking $148,000. Maintenance=$335/month. Closed on 12/21/09; deed recorded on 1/4/10.
$250-$500K Range: BUSHWICK
260 Covert Street; Price=$425,000 GMAP
This is is a 2,736-sf, two-family, according to Property Shark. It sold in an estate sale. Entered into contract on 9/30/09; closed on 12/17/09; deed recorded on 1/7/10.
$500-$750K Range: SUNSET PARK
552 47th Street; Price=$715,000 GMAP
When this limestone was a House of the Day in August, it was listed for $720,000. Entered into contract on 10/27/09; closed on 12/23/09; deed recorded on 1/7/10.
$750K-$1 Million Range: WINDSOR TERRACE
540 16th Street; Price=$999,000 GMAP
This Arts and Crafts house was first a HOTD in August ’08, when it was listed for $1,350,000. (Before that, it had been on the market for $1,550,000 and then $1,499,999.) It was a House of the Day for a second time last June, when the price had been cut to $1,185,000. The reader widget guess was $954,086. Entered into contract on 10/5/09; closed on 12/11/09; deed recorded on 1/6/10.
Photos from Property Shark
quote:
bottom fishers failed to hook sunset park.
frownies were giggling about picking the ppty up with a 5 handle.
can you say, echo chamber.
can YOU say there are just still too many morons with too money and wannabe status symbol seeking? i can. there are too many morons with too much money who think buying a run down rowhouse in a crappy neighborhood for a million dollars makes them faaaaaaabulous.
*rob*
WT 35% off peak. peak ask that is.
bottom fishers failed to hook sunset park.
frownies were giggling about picking the ppty up with a 5 handle.
can you say, echo chamber.
Mansion tax at 1 million.
Typical price for the Bushwick house.
Invisible – I think the mansion Tax kicks in at $999,001.
Funny how people, The Ususal Suspects, Hammered the sunset house place back in August and said it would never sell and was overpriced by 20-30%. Widget was around $607K.
Correct me if i’m wrong, but don’t you still have to pay the mansion tax at $999K? Maybe that extra thousand makes one feel better at night. Love that quiet WT neighborhood though.
Yes, Sunset Park house is nice, but a few years ago sellers were hoping for prices around the million mark. Still, holding on better than say, Bed Stuy.