Last Week's Biggest Sales
1. PARK SLOPE $3,950,000 276 Berkeley Place GMAP This 9,000-sf, 11-bedroom Romanesque Revival mansion was House of the Day in October ’09 when its price dropped from $4,250,000 to $4,200,000. Its listing describes it as “A grand and elegant home endowed with the most beautiful custom millwork all in fruit woods with matching coffered ceilings,…
1. PARK SLOPE $3,950,000
276 Berkeley Place GMAP
This 9,000-sf, 11-bedroom Romanesque Revival mansion was House of the Day in October ’09 when its price dropped from $4,250,000 to $4,200,000. Its listing describes it as “A grand and elegant home endowed with the most beautiful custom millwork all in fruit woods with matching coffered ceilings, built-ins, weighted moldings, paneled and pocket doors, leaded stained glass, extraordinary mantels (3 are gas burning), quarter-sawn oak floors and the most spectacular staircase, all in flawless condition.” Average Reader Appraisal was $3,757,916. Entered into contract on 4/13/10; closed on 6/14/10; deed recorded on 6/22/10.
2. GRAVESEND $2,750,000
1864 East 9th Street GMAP
This 1,960-sf house was built on a 40-ft x 100-ft lot in 1920, according to PropertyShark. Entered into contract on 4/22/10; closed on 6/15/10; deed recorded on 6/23/10.
3. CARROLL GARDENS $1,850,000
374 Bond Street GMAP
According to its listing on StreetEasy, this 4,250-sf building, which hit the market in late May, includes “Two residential units plus commercial space and THREE car garage.” Entered into contract on 5/7/10; closed on 6/10/10; deed recorded on 6/16/10.
4. MANHATTAN BEACH $1,537,500
159 Exeter Street GMAP
This 1,922-sf house on a 5,600-sf lot last sold for $1,400,000 in 2005, according to PropertyShark. Entered into contract on 3/24/10; closed on 5/20/10; deed recorded on 6/25/10.
5. BROOKLYN HEIGHTS $1,354,272.50
360 Furman Street, unit 440 GMAP
This 3-bedroom, 2-bathroom, 1,709-sf condo at One Brooklyn Bridge Park was listed at $1,825,000, according to StreetEasy. Entered into contract on 4/19/10; closed on 6/15/10; deed recorded on 6/23/10.
Photos from PropertyShark.
11217 –
My point was that they probably could have chopped off $1 million, got the house and still over-payed for it.
I agree that paying $20 million for an apartment that sold for $10 million 2 years ago is ridiculous. Actually, paying $20 million for an apartment ANYWHERE is ridiculous.
Investigate them all I say!
Well Ditto, this community is known for having quite a few children and they need all the space they can get.
The typical brownstone wouldn’t even have enough bedrooms for the typical Syrian Jewish family…they’d need to buy something like 276 Berkeley with 11 bedrooms but that place went for 4 million and isn’t anywhere near their Schule!
I am with Biffo. Nomination goes to 11217 hands down. I might even treat him to some gefilte fish, pirogen and kreplach.
Thank you 11217!
” (which is often torn down to make way for a larger, more elaborate home).”
rewrite:
“which is often torn down to make way for a larger home without one square inch of yard.”
“And I’m not even Jewish!! :)”
That’s the point, 11217! Nominations are made by Jews to honor righteous non-Jews who have stuck up for us. So I nominated you.
Now come in already, sit down, have something to eat, you look too thin. Oy gevalt!
“Why would someone spend $2.75 million on a house that is clearly not even worth half of that?”
It’s not worth it to YOU because you aren’t a Syrian Jew (I’m guessing) where buying a house within walking distance to your Shule is of utmost priority. The few homes which come on the market in the area are quickly snatched up for astronomical prices because of the low inventory and high demand for this type of property (which is often torn down to make way for a larger, more elaborate home).
Do you think the apartment which just sold in 15 Central Park West was worth the 20 million it sold for? I don’t, especially when it sold 2 years ago for 10 million.
But it was clearly worth it to the person who bought it.
You don’t understand the market in this part of Gravesend, but that doesn’t make it worthy of investigation by the FBI.
the Gravesend house price is, like all real estate, about location.
11217 –
Why would someone spend $2.75 million on a house that is clearly not even worth half of that? If the buyer wanted to live on that block so bad I think they could have save themselves a little $$.
And I’m not even Jewish!! 🙂