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.
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P.S. heard last night that a MAJOR movie star is currently brownstone shopping in Cobble Hill. Major.
you say that like it’s some kind of good thing. it’s not. it’s so very very very not it’s not even funny. i hope whoever it is decides to pull a S’nora and her neighbors give her hell.
*rob*
BIG NUMBERS.
I keep scrolling through the comments looking for an assessment from BHO.
I imagine he is curled up in the fetal position muttering to himself…
“Ten times rent roll, ten times rent roll, must hold out, must hold out”
Exactly, wasder. Your whole area of Fulton, etc with the addition of more high end retail will certainly boost comps. Some don’t realize that during housing busts not EVERY NEIGHBORHOOD goes bust. Usually the outlying or least desirable areas are hit harder, the more desirable are hit less and then the average of the two is what we see in the housing decline percentage. It’s not like EVERY neighborhood drops and rises the exact same amount.
Brownstones are hot right now. I see them being hot for a while now, especially as the entire Brownstone area seems to be on a major boom in terms of retail.
Imagine…one of the things that scares *some* Manhattanites into moving to Brooklyn is because it doesn’t have all the things they’re used to. Well…once Brooklyn has the h&M and the Sephora and the Barney’s Co-op and the Trader Joes and the Crate and Barrel and the restaurants and bars, they will more and more realize the value you can get here and that you can do most if not all of your shopping, drinking and eating in Brooklyn. It’s becoming very attractive in that sense (even though we might not all love the chains).
This is something that is going on right now. Brooklyn has been very underserved by retail in the past which is why we’re seeing a big influx now….they’re realizing that Brooklyn is a city unto itself. It’s the reason why some on this website can’t believe they’re building hotels all over Brooklyn…but you know what…people are STAYING THERE! Brooklyn is almost the size of Chicago! Brooklyn = 2.6 million people. Chicago = 2.8
Is it just me, or is over $3 million for a house on Union a touch high below Court? It’s an OK block, but nothing specatacular. And Sackett is just crazy — over $2 million for no stoop on a block below 5th Avenue.
11217–I agree with what you are saying about how different neighborhoods are more or less resistant to the effects of the crash. There are local factors at work for sure. as much as folks like to say that blue chip neighborhoods hold up better than lesser neighbs I must point to my own little neck of the woods (hardly prime in most people’s eyes) as an example of how local factors effect price appreciation/depreciation. There are two sales in my very immediate neighborhood (one property touching mine and one a few doors down) that will blow out of the water 2007 comps. Because my corner of Clinton Hill was pretty low when the peak hit, and subsequently lots of positive change has come (BID, new businesses, the Fort Greene/Clinton Hill food co-op etc), this area seems to be seeing rising prices rather than declining.
Where is Miss Muffet? I miss her.
maybe she is the one that outbid Cgar for that last house he was interested in.
Allegedly, DH. We’ll see if it’s true or where they end up.
Paltrow?