Brooklyn Sales: Under a Million
Some of the sales recorded last week that went for $1 million or less: $250K or under: BUSHWICK 1059 Hancock Street; Price=$200,000 GMAP This is a 3,000-sf, two-family, according to Property Shark. Bushwick prices are baffling: This house is only a few blocks away from a house we highlighted last week that was smaller but…
Some of the sales recorded last week that went for $1 million or less:
$250K or under: BUSHWICK
1059 Hancock Street; Price=$200,000 GMAP
This is a 3,000-sf, two-family, according to Property Shark. Bushwick prices are baffling: This house is only a few blocks away from a house we highlighted last week that was smaller but sold for $700K. Entered into contract on 1/1/09; closed on 3/18/09; deed recorded on 5/15/09.
$300-$500K Range: PROSPECT HEIGHTS
957 Pacific Street, Unit 504; Price=$499,000 GMAP
This 802-square-foot, 1-bedroom condo in the Hello Living building Sydney was initially listed for $600,000 in April of last year, according to StreetEasy. Entered into contract on 3/24/09; closed on 4/30/09; deed recorded on 5/14/09.
$500-$750K Range: CARROLL GARDENS
192 Degraw Street, Unit 4D; Price=$600,000 GMAP
This 900-sf, 1-bedroom condo was first listed for $675,000 last August, according to StreetEasy. Entered into contract on 3/23/09; closed on 4/20/09; deed recorded on 5/15/09.
$750K-$1 Million Range: PROSPECT-LEFFERTS GARDENS
84 Rutland Road; Price=$995,000 GMAP
When this one-family townhouse was a House of the Day in September, it was asking $1,200,000. The price was reduced to $1,149,000 in October. Entered into contract on 1/30/09; closed on 4/28/09; deed recorded on 5/13/09.
192 Degraw and 84 Rutland photos from Property Shark; 1059 Hancock pic from EveryScape.
Yeah.
I don’t really see that Shillstoner and Brooklynista are all that far apart except that S. seems to think that B. is worried about the market value of her house which, as far as I can see, she isn’t. Neither am I [cf my 11:32 post].
Oh stop quarreling you two.
Brooklynista, its hard to imagine you survived living in the same place for so long, what with the constant worrying about your current market value. I too have lived in my house for over 20 years and I realize that the current market value is irrelevant. As for trying to cover up the smallness of your trolling by calling it community-love, that is sad.
“Now why don’t you move along, Shillstoner, to some other shill argument over a shill stone rowhouse you’re itching to have? Clearly, there’s nothing more for you here.”
That made no sense, sweetie. I too have written many times that I have no intent on selling my brownstone or ever moving. So I’m not sure what you were trying to imply.
Gee, Shillstoner, we’ve been sitting on our investment for over 20 years at this point and, in that time, we’ve seen it multiply increased several times over. Although we have no interest in selling our house(the plan is that our daughter will eventually inherit it), I won’t deny that I take a certain amount of joy in having seen our investment grow over the years. BTW, we bought during a real estate a bubble and lived through a near decade of a busted bubble. And, guess what? We’re still here! That’s because, for us, it was always a lifetime investment not some online guessing game about which way the market would go for us. Meanwhile, rather than being worried about the value of our home 20+ years later, we’re actually delighted that we already own a property in 2009. Sorry, but we think that’s neither a rationale nor pathetic.
Now why don’t you move along, Shillstoner, to some other shill argument over a shill stone rowhouse you’re itching to have? Clearly, there’s nothing more for you here.
“shill: if you really believed this then you would not be trolling this site and posting every day – you would be enjoying your idyllic life in plg…get real – if you need to sell your crib it may be worth knowing what it’s worth in currency not idealism…”
I live in Park Slope and only post on this site about once a month.
Brooklynista, you’re just an owner worried about his/her investment who is trying to push up price in your neighborhood. It is pathetic and don’t try to rationalize it.
Shillstoner, please get a grip! Or, at least take your meds! Even if you think it “so sad” that some folk on this board have a way at guessing today’s “market value” that differs from yours, there’s no need to get your bloomers in such a knot over it.
Look, because I love my neighborhood and love Rutland Road, I am only telling you what I would be willing to pay for one of those houses IF I were in the market and IF I could afford it. But since I’m NOT in the market for a Rutland Road house and wouldn’t be able to afford to buy one right now even if I were, I am only joining others who are playing a silly online guessing game of what a house should go for in this current, very undecipherable, real estate market. I would think that the nonprofessionals who are playing this guessing game are bringing all kinds of variables into the mix that help them pick a number. I have no idea how you arrive at your guestimates, but shouting at those of us who may disagree with you, most certainly won’t win we me over. And, just as surely, you haven’t offered any convincing proof of why I should give your opinions any deference anyway.
For the last time: I think the buyer who got this 4-storey house on Rutland Road for less than a mil got a steal. If I’m wrong, I’m wrong. But, please, don’t let the thought of my delusional pricing scheme bother you so much. It ain’t that important.
shill: if you really believed this then you would not be trolling this site and posting every day – you would be enjoying your idyllic life in plg…get real – if you need to sell your crib it may be worth knowing what it’s worth in currency not idealism…
” I’m proudly consistent in the praise of my neighborhood and its beautiful housing stock.”
I find it so sad that so many people on this board seem to equate being proud of their neighborhood and their house with trying to push prices higher and higher. Promoting your community and pushing higher prices have absolutely NOTHING to do with each other.
A house is “worth” what someone will pay–it has nothing to do with the instrinsic value. My house is no better now that it is “worth” 2M than it was when it was “worth” 800K –and it is no worse than it was when it was “worth” 2.5M. If the market value drops back to 1M I will still love it just as much.
You need to stop equating market value with some real sense of worth.