Real Estate Carroll Gardens

Last Week's Biggest Sales

1. CARROLL GARDENS $1,675,000 32 1st Place GMAP This 20’x55′ 4-family brownstone hit the market in October, priced at $1,890,000. According to its listing on StreetEasy, it “needs renovation” but has a lot of original touches intact: “The garden level has original tin ceilings. The Parlor Floor has a huge front parlor and rear parlor…

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by Kara
03/30/2010 48

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1. CARROLL GARDENS $1,675,000
32 1st Place GMAP
This 20’x55′ 4-family brownstone hit the market in October, priced at $1,890,000. According to its listing on StreetEasy, it “needs renovation” but has a lot of original touches intact: “The garden level has original tin ceilings. The Parlor Floor has a huge front parlor and rear parlor with pocket doors, pier mirrors, marble mantels and gorgeous original detail. The third and fourth floors have tin ceilings and marble mantels. In addition there is a fifth floor, but it is not full ceiling height.” Entered into contract on 1/14/10; closed on 3/12/10; deed recorded on 3/22/10.

2. CARROLL GARDENS $1,475,000
348 Sackett Street #2 GMAP
Located in the 5-story elevator building at 348 Sackett Street, this 3-bedroom, 2-bathroom, 1,839-sf condo has white oak hardwood floors and an open kitchen, says its listing on Streeteasy. Entered into contract on 11/4/09; closed on 3/18/10; deed recorded on 3/26/10.

3. CARROLL GARDENS $1,475,000
348 Sackett Street #3 GMAP
Just like the 348 Sackett Street condo above, this one’s got 3 bedrooms, 2 bathrooms, and 1,839 sf. Entered into contract on 8/9/09; closed on 3/17/10; deed recorded on 3/26/10.

4. DUMBO $1,425,000
100 Jay Street, #23H GMAP
This 1,592-sf condo has 3 bedrooms, 2 bathrooms, and 1 half bath. According to StreetEasy, it was listed at $1,575,000 in February ’09, and in June ’09, the price decreased by 5% to $1,499,000. Entered into contract on 2/16/10; closed on 3/12/10; deed recorded on 3/23/10.

5. MANHATTAN BEACH $1,200,000
177 Kensington Street GMAP
According to PropertyShark, this 2-story, 2,378-sf, 1-family home with a garage is located on a 6,000-sf lot near Manhattan Beach Park. Entered into contract on 10/14/09; closed on 3/18/10; deed recorded on 3/25/10.

Photos from Property Shark and Development Watch.

Carroll Gardens Real Estate Carroll Gardens DUMBO Sales

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  1. >> “My argument is very strong. 25% vs 75% is the point! The bigger the boom (double dip, dead cat bounce, sucker’s rally in this case), the bigger the bust.”

    No, your argument is still weak. It appears to be simply that (a) you personally think the stock market will go down in flames (b) it hasn’t, and in fact has gone up but (c) we can ignore what market performance is signaling; your case is paridoxically now even stronger because the higher things rise, the harder they must fall.

    Of course that is all predicated on your base assumption that things will fall. One could also say: the deeper the crash, the sharper the recovery. Same logic…

    In any event, the argument isn’t about the magnitude of any rise (or fall). There are fundamental differences in steps taken to mitigate this crisis when compared with the Great Depression. You can choose to ignore those differences and spew anti-government rhetoric all you want, but it just undermines your case.

  2. I certainly am not the one to nail down your question BHO but I think I have made myself clear to you that I agree there seems to be a problem with the fundamental make up of the economy right now. It doesn’t seem like we have been a major exporter of anything for quite a number of years now.

  3. It’s a nice snapshot, wasder. If it weren’t for unsustainable, thus expiring, unprecedented government intervention and we could identify a real economic driver that we produce and export, I’d say the market was probably turning around. But that’s just not reality. Are the rising defaults and shadow inventory just going to magically disappear. Why this new principal reduction bill by Obama if RE is on the rise again? They know the inconvenient truth. THe recovery is pure fantasy.

    These c/s numbers can go up in the short term as the reGOVery programs effect lags on the way in and on the way out. But in the long run, particularly after summer, how do you explain how a real, private sector based bottom will be established given the shadow inventory and lack of a real economic driver based no production and exportation?

    Not just a question for you wasder, just one I’m putting on the table. No one above seems to nail this down.

    ***Bid half off peak comps***

  4. havelc,

    You’re stuck in subprime headlines of 2007. There’s distress in prime too. It affects everyone either directly or indirectly as our local economy is tied around banks. Micro, macro, it’s all relevant. We all take slices from the same economic pie.

    antidope,

    Since when is 1,446 cases a very small absolute number? Well, now it’s 2,603! How do you think it’ll be when the stock market crashes again?

    http://tinyurl.com/yzal2of

    berude,

    My argument is very strong. 25% vs 75% is the point! The bigger the boom (double dip, dead cat bounce, sucker’s rally in this case), the bigger the bust. You help my case by saying “economists — and the Fed in particular — knew much less about how to deal with crises back in the 1920s/1930s”. ‘How to deal’ simply means how to buy time so their campaign donors can “get out”.

    Today, Washington was able to buy more time, buy more worthless MBS’s, borrow more money, create more debt and allow a longer speculitve rally. But now it’s all deflating. Banks can no longer lend like they have (fraudulently hidden losses the general public knows nothing about) and consumers/private sector can no longer borrow like they have. It’s all a failing Ponzi scheme and confidence game.

    Don’t be a sheep. You’re taking your ammo straight from the main stream. This same main stream said “no housing bubble”, “no pop”, “no subprime contagion”, “no recession”, “no hard landing”, etc. These were all Bernanke’s words. How is he an expert on ANYTHING other than obfuscation? You have to be retarded to base your financial decisions on what this guy says!

    There’s no better comparison than to the 1930’s. The ‘G’ word is all over the blogosphere (not allowed in mainstream). It was all over Obama’s campaign in ’08 until they got their TARP. The parallels are starkingly similar. For one, we haven’t had a negative savings rate since (now positive as borrowing has hit a wall and hoarding cash is on the rise).

    Obama is deficit-spending 10% of GDP right now. -10% GDP is the definition of a depression. Hoover and FDR didn’t eff anything up except for the timing. They extended what inevitably what had to happen. A clearing of an unsustainable debt load. We’re on track to lose another decade or two (like Japan). Why do you think FDIC is expecting more bank failures this year than last? Commercial RE is compounding the problems in residential. Recovery? Ha!

    About LWBS: 1.675M is all we get? Anything over ask?

    ***Bid half off peak comps***

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