Last Week's Biggest Sales
1. GRAVESEND $2,650,000 2090 East 4th Street GMAP This was one of our Biggest Sales in July 2008, when it sold for $2,000,000. PropertyShark says it’s a 1-fam, 4,290-sf house with a garage. Entered into contract on 2/12/10; closed on 2/12/10; deed recorded on 3/11/10. 2. PROSPECT HEIGHTS $2,545,625 1 Grand Army Plaza; 3F GMAP…
1. GRAVESEND $2,650,000
2090 East 4th Street GMAP
This was one of our Biggest Sales in July 2008, when it sold for $2,000,000. PropertyShark says it’s a 1-fam, 4,290-sf house with a garage. Entered into contract on 2/12/10; closed on 2/12/10; deed recorded on 3/11/10.
2. PROSPECT HEIGHTS $2,545,625
1 Grand Army Plaza; 3F GMAP
This 3,199-sf condo in the Richard Meier On Prospect Park has 4 bedrooms and 3 bathrooms, says PropertyShark. According to its listing, it offers “stunning, unobstructed views of Grand Army Plaza” through “floor-to-ceiling wall-to-wall glass,” as well as “spacious living/dining rooms, balcony, master suite with oversized walk in closet, guest suite, separate laundry room and pantry.” Entered into contract on 1/29/10; closed on 2/24/10; deed recorded on 3/11/10.
3. COBBLE HILL $2,250,000
143 Amity Street GMAP
Listed as a “5 story 4 family brownstone, used as a grand 1 family,” this was a House of the Day when it hit the market in June ’09 at the whopping asking price of $3,900,000. According to PropertyShark, the price was reduced by 23% in December and listed at $2,995,000. Entered into contract on 1/13/10; closed on 3/8/10; deed recorded on 3/12/10.
4. PARK SLOPE $1,675,000
159 6th Avenue GMAP
This 4,332-sf, 2-family brownstone was built in 1901, according to PropertyShark. Entered into contract on 11/11/09; closed on 1/28/10; deed recorded on 3/10/10.
5. PARK SLOPE $1,660,000
702 President Street GMAP
This 3-family brownstone was originally listed at $1,895,000 in June ’09, says StreetEasy, and it was an Open House Pick back in October, when the asking price decreased by 6% to $1,695,000. Entered into contract on 12/1/09; closed on 2/16/10; deed recorded on 3/11/10.
Photos from Property Shark and Richard Meier on Prospect Park.
The foresight of getting the developer to post a bond was well done. very few places have this going for them.
Those are reasonable prices on the 2 Park Slope homes.
Anyone see them in person?
Antidope;
We’ve been living on TCO’s. This was about the 4th or 5th go-around (I’ve lost count). I hear that what happened is that at the expiration of the last TCO, the Brooklyn Commissioner of the DOB put his foot down and said that it was the last – next time “our favorite developer” would have to go for the permanent one. Indeed, that is what he is doing: fixing whatever violations remain. In the meantime, we were without a TCO for a few months. Folks who were trying to sell (like 3H) bombarded the DOB with calls, however, telling them that they were holding up their sale. DOB relented, and re-issued a TCO to let these sales go through.
Still holding my breath.
BTW: if you’re wondering why “our favorite developer” is still putting resources into this matter, it’s because (fortunately) the terms of our condo required that he post a bond, whoch he can only redeem when we get our permanent C of O.
Bob, we don’t inflate our real estate prices just because we need places to keep our snakes or room for a bathtub Blessed Virgin mary in both the front & rear yards.
I was generalizing, yes. I didn’t want to bother with the whole Syrian Sephardic nuances and for that I apologize.
ok but what about initially. all the original owners bought and there were even other secondary trades. did it have a tco that expired before getting a permanent co. and now a new tco as you await, breathlessly, the final co?
just curious how this all works.
Antidope: correct! Fall of 2007.
I think we’re debating semantics here. Your question was whether or not it is illegal to live in a building without a TCO. Apparently (as the example of my condo shows) it is not. The downside of not having a TCO is that you cannot buy or sell a unit, as a bank won’t finance the transaction.
That is what held up the sale of 3H.
DIBS,
Not so much a generic “Jewish neighborhood thing” as a peculiarity of this particular Syrian Sephardic Jewish community.
I’d imagine that many Christians would be less than happy at a blanket reference to snake-handling being a “Christian neighborhood thing.”
you mean fall of 2007, i believe. there was some appreciation still left in the bubble at that time.
what’s the point of tco then? i thought banks/developers didnt let folks move in without ’em.
Antidope;
Yes, 930 is the number. Just looked it up on ACRIS. So we are off 120K from the peak sale of $1050K in Fall of 2008. Not too bad.
No, it is not illegal, not at all.