Last Week's Biggest Sales
1. COBBLE HILL $2,900,000 254 Warren Street GMAP An Open House Pick back in April, the dimensions of this two-family brick building are 21 ft x 42 ft (882 sf), and it’s on 2,097-sf plot — which includes the vacant lot beside the building. According to PropertyShark, the first asking price was $3,800,000 in April…
1. COBBLE HILL $2,900,000
254 Warren Street GMAP
An Open House Pick back in April, the dimensions of this two-family brick building are 21 ft x 42 ft (882 sf), and it’s on 2,097-sf plot — which includes the vacant lot beside the building. According to PropertyShark, the first asking price was $3,800,000 in April ’10, and it dropped to $3,500,000 a month later. Entered into contract on 5/24/10; closed on 7/21/10; deed recorded on 8/4/10.
2. GRAVESEND $2,550,000
1844 East 8th Street GMAP
This 1,660-sf, 1-2 family home is on a 3,495-sf lot, according to PropertyShark. Entered into contract on 5/13/10; closed on 7/26/10; deed recorded on 8/2/10.
3. MIDWOOD $2,200,000
975 East 8th Street GMAP
According to PropertyShark, this 1-family, 2,072-sf home has a garage and is located on a 4,000-sf lot. For whatever it’s worth, it’s in walking distance from Di Fara. Entered into contract on 3/15/10; closed on 7/27/10; deed recorded on 8/6/10.
4. COBBLE HILL $2,000,000
468 Henry Street GMAP
This 4-family brownstone was House of the Day in May ’08 (before we started using the reader appraisal widget), when the asking price was $2,600,000. Entered into contract on 5/28/10; closed on 7/22/10; deed recorded on 8/6/10.
5. BROOKLYN HEIGHTS $1,650,000
23 Pierrepont Street GMAP
Built in 1856, this 4-family, 5,231-sf building has been in the same hands since 1967, according to PropertyShark. Unfortunately, the last sale price isn’t listed in the public record. Entered into contract on 6/10/10; closed on 7/22/10; deed recorded on 8/5/10.
Photos from PropertyShark.
so no buy-outs involved in removing the tenants from the pierrepont house? if little or none, that’s a sweet as price.
expert: I think it will probably take more than “hundreds of thousands” to buyout and relocate the existing tenants in the Pierrepont house.
thanks for the run down on the pierrepont house.
“a ploy to kick out the tenants”
That’s funny. The new owner is gonna spend hundreds of thousands of dollars to legally convert this to a one-family as a ploy to kick out tenants?!
How about someone wants to live in a house.
Vertical living = an elevator.
If the new owner doesn’t install an elevator in this house they’d be a fool.
the posters on the BHB seem not only old but out of it.
It is a weird blog.
The discussion on the BHB reminds me just how old those readers are. Why on earth would anyone pretend to convert to a single-family just to kick the people out (and then, according to BHB crazies, make it market rate) when most people would far prefer a single-family house! But it’s the old “they’re out to get us oldies” attitude.
The Brooklyn Eagle article said the buyers of the Pierrepont house were planning on reverting it back to a single fam house. Which sounds to me like there are rent stabilized apartments but without anyone over 62 in them
When is the widget going to return????
There was an article in the Daily Eagle about Pierrepont.
http://bk.ly/tkl
It’s carved up into 8 apartments. It’s huge but narrow. The article claims the new owner will convert into a single-family. There’s been a spirited discussion at Brooklyn Heights Blog about whether that’s just a ploy to kick out the tenants. (And presumbly the tenant issue explains the low price.) If it does become single-family, it will involve a lot of vertical living.
The Pierrepont house is gorgeous and it looks pretty large. It must be full of unbudgable rental tenants.