Last Week's Biggest Sales
1. GRAVESEND $3,750,000 1954 East 4th Street GMAP For the second week in a row, Gravesend gets the biggest sale. This 1,972-sf home has 4 bedrooms and 2 bathrooms, and according to StreetEasy, it was listed at $5,400,000 in May ’09. Entered into contract on 11/20/09; closed on 3/2/10; deed recorded on 3/17/10. 2. WILLIAMSBURG…

1. GRAVESEND $3,750,000
1954 East 4th Street GMAP
For the second week in a row, Gravesend gets the biggest sale. This 1,972-sf home has 4 bedrooms and 2 bathrooms, and according to StreetEasy, it was listed at $5,400,000 in May ’09. Entered into contract on 11/20/09; closed on 3/2/10; deed recorded on 3/17/10.
2. WILLIAMSBURG $1,527,375
1 Northside Piers #PH-1 GMAP
This 3-bedroom, 3.5-bath, 1,877-sf condo at Northside Piers was listed at at $1,799,990 in September ’09, says StreetEasy. Entered into contract on 11/7/09; closed on 2/25/10; deed recorded on 3/16/10.
3. BROOKLYN HEIGHTS $1,425,550
360 Furman Street # 212 GMAP
Not much info on this condo except that it’s located in One Brooklyn Bridge Park, according StreetEasy. Entered into contract on 12/21/09; closed on 2/25/10; deed recorded on 3/16/10.
4. SOUTH SLOPE $1,250,000
353A 14th Street GMAP
According to its listing, this 1-family home “has been PARTIALLY renovated and restored but WILL require some TLC from its new owner. It is an unbelievable opportunity to create a dream kitchen off the FANTASTIC ‘greenhouse’ dining room extension on the lower level.” StreetEasy says it was listed at $1,200,000. Entered into contract on 1/13/10; closed on 3/4/10; deed recorded on 3/18/10.
5. BROOKLYN HEIGHTS $1,188,819.09
360 Furman Street #1219 + parking space GMAP
Another sale at One Brooklyn Bridge Park. Entered into contract on 11/12/09; closed on 3/12/10; deed recorded on 3/17/10.
Photos from Property Shark and StreetEasy.
No idea Joe…but it makes me a bit cynical someone is running some kind of scam / laundering.
…something is rotten in Gravesend.
———-
They are all buying from eachother and splitting the money.
and then they are going to strategically default all at the same time.
Hope my friends on 15th street get that much for their tiny shoebox of a house too.
———–
Heather, your hope is a slap in the face to those of us waiting for lower prices.
Check out comparable listings around 1954 East 4th Street…then look at this one…and last week it was an East 3rd $5M house that had been on the market for 2 years (list at $3.5 summer 2007, then INCREASED $1.5M).
I could see a nice place on Ocean Parkway going north of $2M…but these sales from the last two weeks are nothing special, and look like 3x-4x what they should be going for…something is rotten in Gravesend.
Just doesn’t make sense.
Hope my friends on 15th street get that much for their tiny shoebox of a house too. Damn.
and it’s companion feature, last weeks biggest snails:
http://www.wvagriculture.org/images/Plant%20Industries/Giant%20African%20Snail%201.jpg
and don’t care what people say about inflated real estate bubble either apparently.
can brownstoner start a post about the cheapest sales of the week? what goes for the lowest amount in different areas? i’d be interested to see something like that.
Location, location, location… And a whole other world that doesn’t give a toss about Brownstone Brooklyn.