top-sales-4-28-08.jpg
A couple strong showings out of Williamsburg this past week.

1. DUMBO $2,575,000
31 Washington Street GMAP (left)
Sale was of unit 11/12 at this Dumbo condo. Deed recored 4/24.

2. PARK SLOPE $2,140,000
423 1st Street GMAP (right)
3,200-sf house between 6th and 7th avenues. 3-family built cica 1901, according to Property Shark. Deed recorded 4/25.

3. WILLIAMSBURG $2,000,000
85 North 3rd Street/The Mill Building GMAP
As previously reported, a buyer purchased this pad on the 6th floor of the Mill Building. Deed recorded 4/23.

4. WILLIAMSBURG $1,900,000
440 Kent Avenue GMAP
Purchase was of a penthouse at the Schaefer Landing condo on South 9th Street and Kent Avenue. Deed recorded 4/25.

Tied for fifth place:

PARK SLOPE $1,725,000
285 1st Street GMAP
3-family house in the Slope. (We’re a little confused by this one: ACRIS has it as a house, while Property Shark says it’s a co-op. Can someone clarify?) Deed recorded 4/25.

CLINTON HILL $1,725,000
472 Washington Avenue GMAP
Former House of the Day was asking $1,875,000. Deed recorded 4/24.

Photo of 31 Washington from DumboNYC ; photo of 423 1st Street from Property Shark.


What's Your Take? Leave a Comment

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  1. The price of porches remains pretty stable, its based on the cost of wood and carpenter’s hourly rates.

    Thats what you meant right?

    Of course, well paid handy men can by fast cars. Like porsches.

  2. When will prices goes down. I predict it takes two years from the start of the credit crisis – or mid 2009. In 1987 the market crashed but it wasn’t until 1989 that prices in NYC started really coming down. I was looking in 91 and you couldn’t believe how many empty coops I saw. People had to move out for one reason or another, they first rented the coops out but couldn’t do it anymore because of the standard 2 year limit on that. So they were paying the mortgage while it sat empty. Talk about negotiable sellers. It takes a while for the financial firms to lay people off, then these people put their homes on the market. If it’s a coop they think they can out-wait the market. Real estate is not the stock market it’s like a supertanker. Hard for it to change direction but once it does, it tends to keep going that way.

  3. If I lived in Manhattan (where many many buyers in Park Slope seem to come from) I would not schelp out to Brooklyn on a gorgeous Sunday afternoon to look at a house if I were not at least somewhat interested in buying it.

  4. 1:19, i’m glad you are finally admitting this.

    has there or has there not been “bad economic news” now since last july? where have the prices gone? pretty much nowhere, if not up.

    what about after the worst terror attack ever to hit the u.s. yep, prices still went up.

    in the long term, they always do. brownstones have become status symbols. lots and lots and lots of people want one.

    i don’t see the price of diamonds, louis vuitton bags or porches being slashed by 50%.

  5. Oh, yeah believe the sellers. That’s worse than believing the brokers. Having 35 people come through who walk away thinking the sellers are crazy for over pricing is not pretty good.

  6. I wonder if people in Los Angeles go on blogs and whine about how they will never afford a house in Beverly Hills, say prices will be 250K, and claim that they are entitled to one on their 40K a year job.

  7. clinton hill is the most over priced area right now. Park Slope is at least safe and beutiful. clinton hill is the ghetto , they sell crack on the street corners still. Who would want to raise a family in an environment like that? I just dont understand how people could do that to there families. The schools are also bad and you have to send them to private school from what I understand.

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