Last Week's Biggest Sales
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…
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.
“Please tell me WHEN you will admit you were wrong.”
RIGHT NOW. I finally admit that I was wrong. The deadline for a 50% price decline has past. Time is up. Prices have nowhere to go but up from here. I’m gonna ignore all the bad economic news in the media. I’m gonna ignore all the real estate bubble history. Brownstones are in a new paradigm. From this point on you simply cannot lose on a brownstone purchase. At worst prices will remain flat. A few cherry-picked sales every week are absolutely representative of where prices are headed.
I was watching CNN this weekend and they are now saying the economy is possibly on the verge of rebounding again. Even if we feel it later and more harsh here in NYC, that leaves all you people on the sidelines another year…maybe two TOPS before prices start going up again. Although personally I’ve seen almost no drop in prices. I think you just need to accept the fact that you are going to need to move farther away because you are never going to afford a brownstone.
If you are on here saying things are overpriced, bickering about asking vs. selling prices, you can’t afford it.
I hear Kensington is lovely, though.
No, moron at 1:06. The bidders told me nothing.
The SELLERS, who are my neighbors did.
After you’ve lived in a neighborhood for many years, you get to know many people if you aren’t a nasty person like you seem to be.
Someone a few streets over told me about her open house at the Park on Saturday. She said she had maybe 35 people come through in 2 hours. I thought that was pretty good, is it not?
“in 10 years when brownstones in brooklyn are selling for 5 million.”
NO — NEXT YEAR brownstones will be going for $5m. This market is RED HOT and about to explode to the upside. Just you watch.
Professor, I guess involved in your community means you stand on the sidewalk and gossip with the neighbors about what some lying broker told you. There is no way the bidders on 4 different properties all told you they were involved in bidding wars. Being involved in your community would not give you such information. You are an idiot and/or a liar.
What are you talking about, twelve-oh-eight the first? That’s less than a ten percent cut on the Clinton Hill property … AFTER the price was INCREASED. I think ‘stoner had it right when he wrote, “The asking price of $1,875,000 is definitely in the right ballpark….” It’s pretty amusing to go back and read the comments when the building was the HOTD. But Jonathan, keep it real, babe: post links to prior HOTD even when your assessment was wrong.
haha. the first poster was right. everyone sees these houses still selling for huge prices, they get mad they are still living in mom’s basement so they lash out.
i don’t think they will ever stop proclaiming the end of the world.
even when, in 10 years when brownstones in brooklyn are selling for 5 million.
Professor as in Kramer?
yeah, cause there is only ONE broker who posts on brownstoner, 12:48 #2.
are you really THAT ignorant?