135 Joralemon Closes for 30% Below Original Asking Price
Last month we reported that, after languishing on the market for a year and a half, the one-family house at 135 Joralemon Street finally went into contract. A little history: After a fire and a detailed renovation, the listing started out in July 2007 at $5,950,000 before being cut to $5,750,000 then $5,250,000 and ultimately…
Last month we reported that, after languishing on the market for a year and a half, the one-family house at 135 Joralemon Street finally went into contract. A little history: After a fire and a detailed renovation, the listing started out in July 2007 at $5,950,000 before being cut to $5,750,000 then $5,250,000 and ultimately $4,950,000. Last week, the house finally closed for $4,189,000. Surprised, or does it sound about right?
Biff – I have to disagree with your observation about the location. Sydney Place is a very quiet street, so the traffic & lights will be minimal. They also benefit from open views and a sense of space as opposed to looking right into another building across the street. My house faces up a street and we often receive compliments about the siting.
Out of context douche bag.
“It doesn’t matter if it doesn’t sound right to anyone else.”
Speak for yourself, mad[e]off[with your money]inbedstuy.
***Bid half off peak comps***
I saw this house in the Brooklyn Heights House Tour a few years ago. It is a beautiful house, definitely for someone who is looking for a unique housing option. The house is pretty small, and has NO closet space, and still seems drafty, but is still pretty amazing, beautifully redone, and has an amazing backyard.
definitely!
“Weakend”
Was that a Freudian slip, DIBS?
“Snark…ever been to Bears Weakend in P-Town?”
Clutch pearls, no…
Oh, Dave. Ever the optimist. What is the name of your fund, btw?
Dec. 23 (Bloomberg) — Single-family home sales in California rose 83 percent in November and the median price fell below $300,000 for the first time since 2002 as buyers purchased discounted properties in foreclosure, the California Association of Realtors said.
The number of existing single-family detached homes sold in the most populous U.S. state last month increased to 514,710 on an annualized basis, from 280,920 a year earlier, the Los Angeles- based association said today in a statement. The median home price dropped 42 percent to $285,680 from $490,511 a year earlier.
That’s what usually happens in a cycle!!!!!