Last Week's Biggest Sales
1. BROOKLYN HEIGHTS $5,325,000 46 Monroe Place GMAP “Completely renovated two years ago with impeccable taste and remarkable care. A full 25′ wide and 45 ‘ deep on a 122’ lot, this house is perfect in every way. Working fireplaces, central air conditioning, a true chefs kitchen, stunning baths and beautiful detail,” says its Corcoran…
1. BROOKLYN HEIGHTS $5,325,000
46 Monroe Place GMAP
“Completely renovated two years ago with impeccable taste and remarkable care. A full 25′ wide and 45 ‘ deep on a 122’ lot, this house is perfect in every way. Working fireplaces, central air conditioning, a true chefs kitchen, stunning baths and beautiful detail,” says its Corcoran listing. According to PropertyShark, the 4,600-sf, one-family home sold for $3,650,000 in 2006. Entered into contract on 2/26/10; closed on 6/9/10; deed recorded on 6/9/10.
2. BROOKLYN HEIGHTS $2,650,000
8 Grace Court Alley GMAP
This carriage house with its original stables intact was a House of the Day in April and quickly went into contract. Asking price was $2,950,000 and Average Reader Appraisal was $2,674,762. Entered into contract on 5/27/10; closed on 6/7/10; deed recorded on 6/18/10.
3. PARK SLOPE $2,250,000
417 3rd Street GMAP
According to PropertyShark, this 5,208-sf building is 4 stories tall and has 4 residential units. Entered into contract on 4/14/10; closed on 6/10/10; deed recorded on 6/17/10.
4. BROOKLYN HEIGHTS $2,160,000
360 Furman Street, unit 216 GMAP
Neither StreetEasy nor PropertyShark has much info on this condo in One Brooklyn Bridge Park. Entered into contract on 4/22/10; closed on 5/18/10; deed recorded on 6/16/10.
5. CARROLL GARDENS $1,426,000
43 3rd Street GMAP
A House of the Day back in March, this 3-story, 2 family home is “Currently set up as a parlor floor and garden level owner’s duplex with a large back yard and a 2nd floor rental,” according to its listing on StreetEasy. Asking price was $1,390,000 and Average Reader Appraisal was $1,193,948. Entered into contract on 4/20/10; closed on 6/4/10; deed recorded on 6/16/10.
Photos from PropertyShark and Corcoran.
R I G H T, BHO. Everyone and the market are wrong and you’re right.
Denial is not just a river in Egypt, my friend.
That block of Third Street in Carroll Gardens (between Smith and Hoyt – one block w. of Third + Bond) is really nice – very neighborly, everyone knows everyone else and says hello, not all that busy (and in a few days there won’t even be a bus stop on it…), and really convenient to Smith St. and the F/G trains at Carroll St (entrance on 1st St, one block away (no 2nd St here)). The canal is not an issue – you’re uphill from it here, so no worries about runoff, etc.
“GAME OVER, BHO.”
Yup. It’s been over. My prophecies keeping you up at night, DIBS? Get some rest baby boy.
A gross $1.675M renovation @ 46 Monroe?! Or is it mostly market Ponzi?
“This house has a bad layout for many buyers. That, coupled with bad block, make price not so reasonable.” – Villified Miss Muffet comment
Prices don’t collapse when they’re reasonable. They also don’t collapse unless people pay them when they’re unreasonable.
Austerity and deflation are now pop culture.
***Bid half off peak comps***
Grace Alley might have been sold for under widget BUT it sold for cash (most likely). Just look at the deal dates….
The BH house sold so high because it has four (count them, four) ensuite bathrooms.
Somebody take Miss Muffett out of the oven she’s burnt.
$5,325,000 buys you a pretty sweet house in the Heights. But no coat closet by the front door.
🙂
By antidope on June 22, 2010 1:56 PM
dibs, you’re already well established as the mother of all *idiot buyers*!
Antidope, I trademarked “idiot buyer” and the “I” word. so that’ll cost you a beer for unauthorized use
I’ve been called worse, antidope. But alas, the What isn’t on here any more. 🙁