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.
OK, 11217. If this was straight line appreciation over 6 years that would come to 4% a year. How is this bullish in any way?
In Manhattan, high profile properties have been commanding top dollar. Obviously the same situation is not occurring in prime Bklyn.
Berkeley sold for what, 7% under orig. asking? Doesn’t sound bad to me.
that should say “tight-knit”
have called it carroll gardens for couple of decades so why stop now. And I don’t think canal smells so much either.
is there any authority, etc. that looks into these things? i realize most of the high-dollar Gravesend deals are among the tight knight Syrian-Jewish community, but please explain this:
Gravesend house: $1,400 per square foot
prime Park Slope MANSION: $438 per square foot
I guess overpaying is not “illegal” but this is very eyebrow-raising, no?
$2.75 Million for a really blah house in Gravesend? Is the interior made out of platinum?
Invisible:
And I just noticed that it was listed in May, went to contract the same month and closed in June. Doesn’t sound bearish to me in the least.
are we still calling a house 1/2 a block from the smelly canal “carroll gardens”? and when i say half a block i mean the inside of your nose gets bathed in ass when the wind is blowing the wrong way. oh well, its only 1.85 mil anyways – def team bear.
One Brooklyn Bridge Park (even with the discount from listing price) sold for just shy of $800 psf. Given the location, I wouldn’t call that bearish at all, personally.
Only one which at first glance could even remotely be considered bearish in my opinion is Carroll Gardens and knowing nothing about the property or condition, I really have no idea on that one.