Brooklyn Sales: Under a Million
$250K or under: COBBLE HILL 177 Amity Street, #15; Price=$247,000 GMAP This co-op studio had a (FSBO?) website set up to market it. The site said it’s 415 square feet and that the “apartment has hardwood floors, decorative fireplace, high ceilings, two exposures (east and north), and two spacious closets. The kitchen has been recently…
$250K or under: COBBLE HILL
177 Amity Street, #15; Price=$247,000 GMAP
This co-op studio had a (FSBO?) website set up to market it. The site said it’s 415 square feet and that the “apartment has hardwood floors, decorative fireplace, high ceilings, two exposures (east and north), and two spacious closets. The kitchen has been recently totally renovated.” Maintenance=$698/month. Closed on 12/21/09; deed recorded on 1/28/10.
$250-$500K Range: CROWN HEIGHTS
1972 Bergen Street; Price=$300,000 GMAP
This 1,800-sf brick house was listed for $609,000 way back in ’07. There was some foreclosure pressure on the seller, according to Property Shark, but the price still seems very low. Entered into contract on 4/15/09; closed on 11/16/09; deed recorded on 1/27/10.
$500-$750K Range: PROSPECT HEIGHTS
315 St. Johns Place #2B; Price=$700,000 GMAP
This 2-bedroom co-op was listed for $719,000 in October, according to StreetEasy, and it went into contract in a little over a month. Ad said: “Looking to trade up to that great apartment with just the right amount of extra space? Here it is! A huge family-size home that features 2 generous bedrooms, plus an office/den that can easily be a third bedroom, 2 full baths, a fabulous galley kitchen, a washer/dryer in the unit, and windows in every room.” Maintenance=$989/month. Closed on 1/13/10; deed recorded on 1/29/10.
$750K-$1 Million Range: BEDFORD-STUYVESANT
17 Madison Street; Price=$875,000 GMAP
Property Shark’s records on this 3,312-sf house appear to show that it was foreclosed upon in 2008 from a buyer who paid $850,000 for it in ’06. Entered into contract on 1/20/10; closed on 1/20/10; deed recorded on 1/27/10.
Photos from Property Shark.
I know the PH building – frankly, if you have windows facing the street, it is LOUD in the summer (its right at the corner of underhill and there is major hanging out at night). Such a NYC phenomenon that one end of a block can be so different than the other. The building isnt the nicest, but its better than it used to be. It certainly isnt one of PH’s “most desirable buildings.” I find it so amazing that an apt in it sold for nearly 3/4 of a million. But apts do have space.
Adam and bxgrl, interesting points, thanks. If the condo I’ve been considering was a “steal”, I’d probably disregard the light issue. The reason I’ve hesitated to make an offer is because I think the condo is overpriced for what you’re getting, meaning views only of a courtyard and other apartments. On the other hand, its nearly 1700 square feet, has a 300-500 square foot patio, and a laundry room the size of the studio I lived in for 4 years.
I’m with Adam. there is nothing like natural light. I lived in ground floor apt. on Schermerhorn and it was like living i a tunnel. It’s depressing and dreary- hold out for sunlight.
CGAR- I was just like you. Square footage and location were key for me. My place has a view of courtyard and other windows and it’s my biggest issue with my condo. I have underground parking, courtyards with gas grills buit in, fitness center with sauna, basketball court, movie theather, but I keep coming back to the bad light and it constantly bothers me.
Hold out for natural sun light, I wish I did.
> View isn’t important to me, but light is.
That’s my feeling on it. The huge expanse of windows in my current place is what first attracted me.
Though a huge patio is mighty tempting.
Wow, M4L, very interesting. I predict real estate fraud! Look again in three months to see if it’s in foreclosure again.
As for that Crown Heights house, after being foreclosed on, it was probably trashed inside and had no kitchens and/or working bathrooms, hence the $300,000 price. Probably sold to a flipper outfit, and will be back on the market for $600,000 — or $800,000 — soon.
View isn’t important to me, but light is. If you had to keep the shades drawn all day for privacy, the apartment would feel dark. But I agree that a huge patio would definitely make a difference — if only such a thing were in my budget .
DIBS, I remember seeing that BS house before it was foreclosed. some details. ok quality details. everything needed to be replaced. choppy layout. very so so location. so unless inside changed a ton to the good, it does look pretty high price
I can certainly understand the claustrophobic feel. I’m considering bidding on a Cobble Hill duplex, the one downside being the windows all look out on an interior courtyard and other apartments. But the space is incredible, and there’s a huge patio, so I’m thinking the trade off is worth it. Personally, view is always at the bottom of my priority list. Space and location vie for number one.