Last Week's Biggest Sales
1. BROOKLYN HEIGHTS $6,096,194 (eventually: $8,495,000?) 360 Furman Street #1216; #1130; #1128 GMAP Far as we can tell, three sales recorded last week at One Brooklyn Bridge Park account for the majority of the record-breaking deal in the building. The sales add up to a little more than $6 million and were all purchased by…
1. BROOKLYN HEIGHTS $6,096,194 (eventually: $8,495,000?)
360 Furman Street #1216; #1130; #1128 GMAP
Far as we can tell, three sales recorded last week at One Brooklyn Bridge Park account for the majority of the record-breaking deal in the building. The sales add up to a little more than $6 million and were all purchased by the same LLC; no other purchases were recorded in public records last week for that specific buyer. What we’ve got so far is the biggest piece of the puzzle, unit 1216, which closed for $4,232,267 including a parking spot. Units #1128 and #1130 closed for a little under $2 million together and came with two more parking spots. According to 1BBP’s amended condo declaration, #1216 is 4,252 square feet and has an 826-square-foot terrace. Entered into contract on 1/15/10; closed on 1/21/10; deed recorded on 2/1/10.
2. BROOKLYN HEIGHTS $2,189,237
360 Furman Street #208 GMAP
What a week for 1BBP! This sale had nothing to do with the one above, but it was a still a biggie. According to the condo declaration, this second-floor spread is a 2,734-square-foot three-bedroom. Entered into contract on 12/15/09; closed on 1/21/10; deed recorded on 2/2/10.
3. PROSPECT HEIGHTS $1,915,750
170 St. Marks Avenue GMAP
This 2-family brownstone originally hit the market in April of last year asking $2,300,000, according to StreetEasy. The price was reduced a few times until it was asking $1,910,000 in December. Ad said: “Beautiful 20 foot wide 4000 square feet multi unit Greek Revival Brownstone in Prospect Heights.” Entered into contract on 1/19/10; closed on 1/19/10; deed recorded on 2/3/10.
4. BAY RIDGE $1,700,000
22 80th Street GMAP
This is a 2,467-sf single-family, according to Property Shark. Entered into contract on 12/2/09; closed on 1/19/10; deed recorded on 2/2/10.
5. FORT GREENE $1,320,000
130 South Oxford Street GMAP
When this brick townhouse was a HOTD in June, it was listed for $1,550,000. Reader widget guess=$1,141,147. Entered into contract on 1/10/10; closed on 1/27/10; deed recorded on 2/3/10.
But how are last week’s MEDIAN sales faring?
This second dip (we’re double-dipping folks!) is going to be excruuuciating [Simon Cowell accent]. The high tide of shadow foreclosures behind the cracked dam rises daily. Mortgage debt slaves are uprising and revolting like Nat fucking Turner.
From US News and World Report…
Forget the Mortgage, I’m Paying My Credit Card Bill
http://tinyurl.com/y9ybvoc
Oh I’m sorry, is this not relevant to your little Brownstone belt?
Anybody know how much Brooklyn preforeclosures/lis pendens increased since the peak? (don’t dare answer that one) The banks are buying time by not moving on them – I have plenty of anecdotes. In some ways I AM envious of “homeowners” – RENT-FREE LIVING FOR EVERYBODY!!!
***Bid half off peak comps***
Do any of you know what’s up with the odd sale prices at 1BBP? $4,232,267? $2,189,237? Not exactly nice round numbers – someone with more knowledge than me must understand why.
11217, don’t even bother. It’s some internet made up personality. If this crazy goes away, another one will appear. It’s pretty funny how he is targeting you since he gave up on Dave and myself. Come out with us for drinks this Thursday. It’ll be fun.
I’m going to say this one more final time, Stevieb.
I do not work in banking, I do not have any interest in banking and I find the huge bank bonuses to be absurd.
The fact that you post this every day directed towards me just makes you look more and more like a crazy person.
hey 11217, your favorite banksters are in the news again; screwing people over and getting paid obscene bonuses, snapping up luxury condos in the city. suck on this!
http://www.spiegel.de/international/europe/0,1518,676634,00.html
> Do you go into the drugstore and offer more for something
> which is on sale for 3.99 from 4.99?
If that something is Visine, which will hopefully help my eyes roll more smoothly, then yes.
170 St Marks Ave… I think that’s the place I viewed last year.
Huge place.
Huge ceilings. (The ceilings seemed almost too tall for the size of the parlor.)
Huge Greek columns in living room (painted black).
Huge, but weird dog-legged backyard.
Property taxes are $8,000, which is very high for that neighborhood.
Lots of original detail, but the renovations were not top quality, nor top style. (Some of it seemed 1980’s or 1990’s style).
To me, the place wasn’t so great… but huge!
That’s a high selling price for that place, if it’s the place I’m thinking of.
Antidope,
I don’t call it boosterism…I call it optimism with a healthy dose of reality.
Something the brownstoner crowd lacks immensely. The typical brownstoner likes to find the negative FIRST. I don’t operate like that at all…not with real estate, not with anything. I find it a truly unattractive quality in a person.
Interestingly enough, we see time and time again that the BUYERS are closer to the half glass full than half glass empty. The fact that homes routinely sell for over the widget price, places DOOMED by brownstoners like Forte are selling out and the Brooklyn Bridge Park is getting built despite calls here that it never would.
Do you go into the drugstore and offer more for something which is on sale for 3.99 from 4.99?
Posted by: 11217 at February 9, 2010 11:57 AM
You’re forgetting supply