Gravesend Sales Price Falls Just Short of Brooklyn Record
Anyone who read the recent Times Magazine article about the incredibly close-knit and financially successful community of Syrian Jews in Gravesend may not be all that surprised to learn that one of its business leaders just sold his 7,526-square-foot house for $10 million. The seller was Joseph Cayre, founder of Midtown Equities and a former…
Anyone who read the recent Times Magazine article about the incredibly close-knit and financially successful community of Syrian Jews in Gravesend may not be all that surprised to learn that one of its business leaders just sold his 7,526-square-foot house for $10 million. The seller was Joseph Cayre, founder of Midtown Equities and a former Latin music producer; the buyer was an LLC. While the $10 million number falls short of the $10.75 million paid for 140 Columbia Heights, it continues a trend of sky-high prices in the South Brooklyn neighborhood: Five out of the nine highest sales prices ever recorded in Brooklyn have been in Gravesend.
Developer sells Brooklyn home for $10M [The Real Deal] GMAP P*Shark
Photo by Nicholas Strini for PropertyShark
Madison is between Kings highway and av U. and between Ocean Avenue and Nostrand.
“Syrian Jewish women are really hot”
Even with all of the inbreeding?
I don’t see anything spectacular about the house in the picture. Why does it cost so much? Have they substituted copper or brass pipes for 24kt gold ones?
Can anyone explain exactly where Gravesend and Madison are located.
I’m not familiar w/ these areas that are going for $10mm outside of Brooklyn Heights.
12:23 is correct. The area is called Madison, not gravesend. I have a house on Bedford and its a beautiful area to live in. I am jewish, although not religious. Every saturday morning the neighbors wear their best sabbath cloths and walk to the local shules. Its very quite and peaceful (just the way I like it). Its interesting to note that there is a huge difference in price between a house that sits on a 40×100 then a house on 30×100. Its all about how big you can bulid on your land. I also own a brownstone in PS, but would rather live in Madison.
Yeah, its an enclave, I love it and I’m a proud atheist. They are friendly people and the Italian and Syrian Jewish women are really hot. It is kept Sephard by high real estate prices but isn’t Chinatown kept Chinese by a real estate conspiracy on the part of local Chinese clubs? The neighborhood is simply that much more valuable to members of that subgroup than to others.
mr b:
both you and the real deal have the neighborhood wrong. this is definitely, w/o a doubt, and has never, ever been, gravesend. this is madison.
I wondered how long it would take for that article to pop up here. I’m Jewish (reform), and none of my Jewish friends see anything of ourselves in that community. I don’t think the unpleasantness of their self-segregation has anything to do with being Jewish; to me it feels like Augusta National keeping out women.
I grew up in the Phila. area, where there’s a sizable Jewish population, but at least in the 70s it wasn’t fragmented like the NYC population is.
I’m very much torn by the rise in ultra-orthodoxy and enclaves like this one. On one hand, it’s great that the religion isn’t seen as dying out anymore, but on the other, is it really a religion that open-minded, reality-based people would want to join or take part in? Dunno.
As for their homes; it’s their money. It’s not like anyone else other than a Syrian Jew would want to live in Gravesend.
It goes a bit beyond marriage- c’mon.
To what?