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. 12:38…why is it then that every week i see listed townhouses which sold in these neighborhoods for close to asking prices…many of which were criticized on this website that they were overpriced? every single week there is a house listed as sold in park slope, fort greene and clinton hill. you aren’t doing something right. maybe your personality turns off the seller?

    as someone who has lived here for a while, inventory of homes for sale in park slope is at an unbelieveable low. i remember at any given time, there were 300 homes for sale in the neighborhood. now there are around 20. if that.

  2. I am not a broker, 12:38.

    Maybe your stupidity is why you have thus far been unable to buy a house.

    I know of 4 such bidding wars because I am actively involved in my community.

    Thanks for the concern about my job though. I’m a well established and tenured professor. No need to worry.

  3. 12:24 you are a typical lying broker. There are no such bidding wars. I know because I’ve been to the open houses for all the 4 story brownstones in PS, FG, PH, BH, CG, and CH for the last 6 months and afterwards you brokers keep calling begging me to make an offer, any offer. You tell me how the sellers are willing to negotiate or are asking for a price you know is too high but need to hear lower offers to get a reality check. You know it and I know it. This is no longer a sellers market.

    I’ll keep checking the for sale ads looking for the place I want. You should start checking the job ads for a new way to earn a living.

  4. Actually, 12:19….they don’t.

    I’ve seen many MANY BIDDING wars in the past several weeks with lower asking prices.

    They are asking less than a year ago, but getting the same price they would have gotten a year ago in the end.

    Doesn’t really matter, though. We are mostly talking about people either selling their home for 300% more than they paid for it.

    Or people coming from Manhattan looking to buy a house, selling their place on the UWS for 2 million and not giving a crap about what the house will do in terms of appreciation.

    People love brownstones. More people want them than we have a supply of. Buyers don’t seem to care if the house will appreciate. If they can afford it, they just want to buy it.

    Not everyone looks at their home as an investment. Most smart people know to invest in other things besides real estate.

    These are luxury purchases. Like buying a diamond ring. No one cares what it’s worth…you are going to keep it for a lifetime.

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