Last Week's Biggest Sales
1. COBBLE HILL $2,500,000 462 Henry Street GMAP (left) When featured as House of the Day in January, this brownstone was asking $2.5 mil. Property’s been renovated since last changing hands in 2004 for $1.5 mil and has two rental units. Deed recorded 5/16. 2. BOERUM HILL $2,200,000 321 State Street GMAP (right) This 3,200-sf,…
1. COBBLE HILL $2,500,000
462 Henry Street GMAP (left)
When featured as House of the Day in January, this brownstone was asking $2.5 mil. Property’s been renovated since last changing hands in 2004 for $1.5 mil and has two rental units. Deed recorded 5/16.
2. BOERUM HILL $2,200,000
321 State Street GMAP (right)
This 3,200-sf, 2-family house was listed at $2,375,000 when we had it as an Open House Pick last October. Deed recorded 5/15.
3. PROSPECT HEIGHTS $2,000,000
609 Carlton Avenue GMAP
3,464-sf 3-fam brownstone. Listing history, anyone? Deed recorded 5/16.
4. COBBLE HILL $1,950,000
238 Kane Street GMAP
2,086-sf, single-family house listed at $1,975,000 last September. Deed recorded 5/15.
5. DUMBO $1,515,000
70 Washington Street GMAP
Sale was of unit 5O in this Dumbo condo. Deed recorded 5/14.
Photos from Property Shark.
roof
Wall Street is already expected to shed more jobs in 2008 than it did in the last two downturns combined.
I thought Tiger Woods shot through the rough.
Is Pollyanna related to Polyandry?
Article I read today say this recession (if it happens) in terms of job losses will not even be as severe as the one in 2001.
And we all know what happened right after that.
Prices shot through the rough.
So while things may be calm now, I expect by this time next year, prices will be shooting up again and most people on here complaining about overpriced this and that will be left in the dust.
Again.
“We are in the worst of it…possibly even coming out of the worst of it…”
We have not even begun to approach the worst of it, Pollyanna.
People on here are clueless about Investments that is the funny thing. Everyone says everything is overpriced well then what Investments do they like? Vegas Real Estate? LOL Or how about Enron Stock? The posters are Clowns and the What is the biggest
Every house of the day seems to have at least one or two people who say how wildly overpriced the thing is, and at least one or two who say how much they love it and wished they could afford it.
I’d say conditions are going to get worse at the margin–not making a huge call that prices are going to fall apart or whatever but job cuts in financial services are pretty broad and going on really right about now. I imagine that’ll have an impact on sales activity etc. more in the next couple of weeks.
Re: Kane Street
Please go back and look at the comments on Kane Street about the price being NUTS and if they get that price they should “work for Trump”
Proves that NO ONE HERE HAS ANY CLUE WHAT THEY ARE TALKING ABOUT!!
Also seems to indicate the overall health of the brownstone market. We are in the worst of it…possibly even coming out of the worst of it…and properties are STILL exhanging hands for 2 million dollars, believe it or not.