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.
“It surprises me that someone with 3 or 4 million dollars to spend wouldn’t wait to find a home in a more ideal location.”
And my point is related because I think what you’re not realizing is that many of these buyers are coming from Manhattan and to them Union and Clinton ARE an ideal location. They don’t know block by block in many cases like those who live here in Brooklyn.
To you, Clinton Street might be a traffic nightmare. For someone moving from even Broadway on the UWS….it’s calm and quiet. It’s all relative and many times I hear people who move from Manhattan to Brooklyn say that they want a little quiet, but they don’t want TOO QUIET.
So while Clinton might not be your ideal, for a family moving from Broadway on the UWS or in Soho, or the East Village or loud horrible 3rd Avenue, Clinton will seem like a quiet, charming street.
11217, I think you missed my point. There are homes for sale on many of the more quiet and beautiful side streets of Cobble Hill and Carroll Gardens and the location is just as convenient. However, none are renovated like these two homes. It surprises me that someone with 3 or 4 million dollars to spend wouldn’t wait to find a home in a more ideal location. Both of these locations are fine; however, for my 3+ million dollars I’d wait for something on a different block in the same neighborhood.
Of course any street can back up, but that’s not what I’m talking about. I don’t think you’ll argue that Clinton gets extremely crowded nearly every weekday morning from traffic avoiding the BQE. There’s a reason all those “illegal to honk” signs are posted there and not on every narrow Cobble Hill block And the Union Street block is just not very charming.
The thread on the HOTD for Union Street was really interesting. September 23, 2008 was the edge of the cliff. We went out of NYC for a month that September; when we left, all was hunky-dory, we came back to panic-city. It’s fascinating to read comments and stories from that “missing” month, and see the jitteriness.
Someone called it pretty well, said the house would sell for $3.2M. Congratulations, bktycoon, wherever you are now!
It’s true, GowanusGirl, and I’m not giving them credence for being the be all, end all but I’m definitely hearing some comments from friends who still live in Manhattan like…”why are all the good restaurants in Brooklyn now?” or “the fun bars to hang out are all in Brooklyn”
And these are people who are still anti-Brooklyn because it’s “too far” but the more the retail comes and the more the NYC PR machine feeds it to them, the more we’ll see people come explore and see for themselves what makes Brooklyn such a nice place to live (for some). Obviously I realize there will always be people who want/need/tie their self worth to living in Manhattan.
” Time Out and New York Mag’s list of the best of restaurants and bars now seem to be more Brooklyn centric than Manhattan. That recent Cheap Eats list that New York Mag did was like 75% Brooklyn establishments.”
– True, but this is more due to the face that a lot of mag writers/editors live in BK, have been since the days of affordable wburg rents.
Perhaps CGar. Maybe that combined with the fact that many deep pocketed buyers realize that when you live in the largest city in the United States, you’ll have some cars and traffic around.
They probably all have country houses to escape city life anyway.
The traffic/noise/etc don’t seem to affect people’s interest in buying high priced property in Manhattan, and I’m not sure why people assume that because someone has moved to Brooklyn, they no longer want to hear a peep of noise anymore.
Pete, go with it man. BoCoCa is going to bring you massive $$$ for your house and for your neighbors’ houses. Milk it for all it’s worth.
BoCoCa = BIG BIG $$$
Any of the streets in Cobble Hill can back up at any time due to their extreme narrowness. Being stuck behind a delivery truck or a sanitation truck or even a family with strapped-in toddlers can seemingly take a lifetime while you sit and wait. That’s a little secret problem of Cobble Hill. But the area is convenient to mass transit and most residents only use their cars on the weekend, for good reason.