Last Week's Biggest Sales
1. COBBLE HILL $3,920,000 328 Clinton Street GMAP This 5,000-sf, 2-family home includes a 4-bedroom triplex with “intricate plaster details, original interior carved shutters, wide plank floors and 2 black veined marble wood burning fireplaces,” as well as a 2-bedroom, 1.5-bath garden floor rental. According to StreetEasy, it sold for $3,467,000 in 2007. Entered into…
1. COBBLE HILL $3,920,000
328 Clinton Street GMAP
This 5,000-sf, 2-family home includes a 4-bedroom triplex with “intricate plaster details, original interior carved shutters, wide plank floors and 2 black veined marble wood burning fireplaces,” as well as a 2-bedroom, 1.5-bath garden floor rental. According to StreetEasy, it sold for $3,467,000 in 2007. Entered into contract on 4/1/10; closed on 7/14/10; deed recorded on 7/23/10.
2. CARROLL GARDENS $3,235,000
304 Union Street GMAP
This 2-family brick house is currently used as a 1-family and has been on the market for a while. It was House of the Day back in September ’08 (before we started using the Average Reader Appraisal widget), when its charming renovation was newly complete and its price was set at $4,150,000. According to PropertyShark, it sold for $1,700,000 in 2006. Entered into contract on 5/13/10; closed on 7/12/10; deed recorded on 7/19/10.
3. BROOKLYN HEIGHTS $2,083,339.50
166 Montague Street, Unit 9C GMAP
This 3 bedroom, 3.5 bathroom penthouse condo in the Franklin Trust building has “amazing outdoor space” and was listed at $2,200,000. Common charges are $1,781. Entered into contract on 5/6/10; closed on 7/19/10; deed recorded on 7/23/10.
4. BROOKLYN HEIGHTS $2,036,500
360 Furman Street, Unit 209 GMAP
This 1,916-sf condo at One Brooklyn Bridge Park has 2 bedrooms, 2.5 baths, and was listed at $2,625,000, according to StreetEasy. Common charges are $1,916. Entered into contract on 5/5/10; closed on 6/24/10; deed recorded on 7/20/10.
5. PARK SLOPE $2,025,000
701 Sackett Street GMAP
An Open House Pick back in April, this 1889 single-family brick townhouse has “multi-zoned central air; two gas and one wood-burning fireplace; three and a half baths (including a spa-style in the master); three terraces, one patio and multi-leveled decks in the sunny backyard; hardwood flooring throughout,” and was listed at $2,275,000, according to StreetEasy. Entered into contract on 5/5/10; closed on 7/14/10; deed recorded on 7/19/10.
Photos from PropertyShark and Corcoran.
Pete, I never got those comments either. Personally I think Clinton is one of the most beautiful streets around. I always make a point to walk down Clinton when I’m over that way. Obviously the frownstoners don’t know what they’re talking about most of the time.
Female big screen actress, husband bigtime musician.
C’mon 11217, give us a hint. Male or female? Oldish or youngish?
“P.S. heard last night that a MAJOR movie star is currently brownstone shopping in Cobble Hill. Major. ”
Mel Gibson?
I thought Clinton was that busy noisy street with traffic backups? are you saying would be over $4m if on the side street?
Cobble Hill is impressive, Dave. If no renovations were done, that seller made significant money despite the fact that they bought at “peak” and sold at “bust.”
But what BHO also doesn’t understand is that not all areas are treated equal. Parts of Queens and Brooklyn dropped more than others, just like part of Manhattan dropped more than others. There are certain areas like Cobble Hill which are just getting more and more desirable and the recession doesn’t seem to be stopping that.
P.S. heard last night that a MAJOR movie star is currently brownstone shopping in Cobble Hill. Major.
Cobble Hill sold for 13% ABOVE 2007 which most likely was PEAK COMPS.
But, alas, all of these are outliers.
$1,062 psf at One Brooklyn Bridge Park is impressive as well.
This one is a very good indicator of how flawed BHO’s “logic” is. They were ASKING almost $1400, psf, but still GOT over $1,000 psf which is still a huge psf price for this location.
Asks mean nothing unless you look at them in relation to comps and DATA.
Holy moly.