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.
Which 1st Street house sold ? 535 ? What is the idiocy involved ?
um….3:56 #1…this thread is about two of the said houses on 1st street which you just said aren’t selling…that just sold! some people’s idiocy never cease to amaze me.
you posted your same comment last week and everyone thought your were nuts then, as we continue to think this week. nothing has changed. you are still barking up the wrong tree.
Well if 2007 really was the top, and so many people on here claim that 2005 was the top, do you have ANY CLUE how much I made in those two years while you morons were all saying it was only downhill from here in 2005?
Try hundreds of thousands of dollars.
If I’ve learned one thing, it’s that 99.9% of people on this blog don’t know anything.
I would NEVER take advice from someone on an anonymous blog. Especially one filled with many bitter people who watched everyone around them make a million bucks in the last 8 years.
I know, I know…paper wealth, paper wealth.
Tell that to the people who leave notes on my door asking to buy my house for 5 times what I paid for it.
3:46 2005 was the top when you adjust to inflation. Prices are about the same they were at the start of 2006. So even though it may not feel like you lost money you would be down about 8 percent. The highest prices were in 2006 but its deceptive. Manhattan has gone up but those numbers are a little off also. 2005 was the top
Having been in the market for a brownston in PS – I can see that most of the houses I saw more than 6 months ago are still on the market after a price reduction – so while some properties seem to sell – all the houses close to the park are not – very little has moved since last summer –
now while i approached this site for info and color, why is it so uncivilized. Does this reflect the neighborhood ? If you disagree or have another point you must be an idiot, or even worse a banker ?
People move cause they can’t afford the space they would like in manhattan, others do cause they love the area, some people have limitless checkbooks and others (even at more than 2 MM check their numbers ) –
The only thing for certain is that the houses on 1st st, 2nd st, and 3rd st as well as Montgomery (between 7th and PPW) were/have been listed for a long time and are not selling – don’t know what that means but seems like some numbers just dont add up.
Actually, it seems that 2007 was the true top – look at NYT real estate section of late, or zillow, or NY magazine, or talk to some brokers. While some people are predicting a crash, many people think a more likely scenario is stagnation/softening. But where are there credible sources predicting a continuing racing upwards? I certainly don’t know any – 2007 really does seem to the top.
“If this isn’t the peak, it’ll be shocking to see what is”
Take a look at London, Dubai, Sydney, Copenhagen, Zurich or Hong Kong then.
NYC is considered a bargain compared to all these cities and many others.
New York was undervalued for many years. It is now a major destination for tourists, movies and celebrities. It’s a different city than it was 30 years ago.
Many say the best.
Prices are still no where near the top of worldwide prices. I believe even today, both San Francisco and Honolulu have home prices higher than NYC.
Why are people saying 2005 was the top, when in 2006 and 2007 prices (at least in Manhattan) continue to rise by double digits?
Do you just not like to live in truth??
I saw another example on here today of someone who bought a studio for 265K or something in 2006 and sold this month for 379k.
So how was 2005 the top?
It does seem different today than in 2003 or 2005. I don’t recall much economic gloom and doom back then, nor the kind of lending tightening we’re experiencing now. Friends of mine just sold their place and had some second thoughts and the realtor warned them to sell now since the buyers (who have a very high income, but not much cash) would not be able to qualify for the same loan today. If this isn’t the peak, it’ll be shocking to see what is. And even brokers seem to admit that even if prices don’t go way down, it’s hard to see how they will continue to race up anytime soon and that it should be a waiting game for a year or two. No brokers I knew were saying anything like that in 2003-2005 – everything was coming up roses, not like today.