Last Week's Biggest Sales
1. PROSPECT HEIGHTS $3,300,000 1 Grand Army Plaza, #PH15N GMAP This is the second of OPP’s penthouses to sell, which we told you about last Friday. (There are three more to come.) On the market for $3.5M, this four-bedroom unit comes in at more than 3,000 square feet. It had been on the market since…
1. PROSPECT HEIGHTS $3,300,000
1 Grand Army Plaza, #PH15N GMAP
This is the second of OPP’s penthouses to sell, which we told you about last Friday. (There are three more to come.) On the market for $3.5M, this four-bedroom unit comes in at more than 3,000 square feet. It had been on the market since September 2010. Entered into contract on 6/5/09; closed on 4/13/11; deed recorded on 4/26/2011.
2. PARK SLOPE $2,800,000
614 2nd Street GMAP
This five-story limestone was HOTD back in 2008. Back then we said the $3,900,000 price tag was a little high, especially since the renovations felt a bit overdone. Since then it was pulled from the market, relisted, pulled again, and then came back with Brown Harris Stevens at a price of $2,995,000. It spent a few more months on the market before it finally sold, pretty close to the new ask. Entered into contract on 1/13/11; closed on 4/15/2011; deed recorded on 4/28/11.
3. COBBLE HILL $2,695,000
371 Clinton Street GMAP
When we told you 371 Clinton Street, which was HOTD in March, sold for ask, the sale got a lot of talk! The home is only 15 feet wide but we thought it has a nice rustic feel to it. We were pretty impressed the narrow house didn’t have much trouble finding a buyer at ask. Entered into contract on 3/21/2011; closed on 4/20/2011; deed recorded on 4/26/11.
4. WILLIAMSBURG $2,340,447.63
34 North 7th Street, #PH2C GMAP
This penthouse sale at The Edge is a biggie. The three bedroom was listed at $2,550,000 and spent 115 days on the market. It’s boasting 2,000 square feet of space; this unit also came with extra storage space. Entered into contract on 7/2/2010; closed on 10/15/2010; deed recorded on 11/4/10.
5. CARROLL GARDENS $2,225,000
283 Carroll Street GMAP
283 Carroll Street is a three-family townhouse with “6 bedrooms, 3 full bathrooms, a parlor room with 13ft ceilings, crystal chandelier, stunning marble fireplace mantel with pocket doors.” It was asking $2,275,000 and has been on the market since September 2010. Entered into contract on 1/25/2011; closed on 4/1/11; deed recorded on 4/26/11.
There is one thing I don’t understand that people will need to help me with. The maintenance here is $3,500 (and will definitely be going up in the coming years) and that does not even include a parking space and taxes. One can’t even deduct maintenance. I know everyone is going to jump on me and say that the rich don’t care, but honestly there are no better apartments in the city where you don’t have to dish out $40,000 just in maintenance alone?
Pretty sure most new buildings do that, Maly.
Would it be unkind to call this a shrewd marketing move? Releasing good news drop-by-drop, to keep a positive momentum.
strange enough, lincoln slope, the deed says the unit went into contract in 2009, but streeteasy says its been on the market for much less time! very odd…
http://streeteasy.com/nyc/sale/557439-condo-1-grand-army-plaza-prospect-heights-brooklyn
Wow, One Grand Army comes with time travel abilities.
“It had been on the market since September 2010. Entered into contract on 6/5/09; closed on 4/13/11; deed recorded on 4/26/2011.”
Wow, 614 2nd Street @ $2.8 million is a much, much better buy than 371 Clinton St. @ $2.7 million.
“These numbers seem to best even the buildings along the water in Brooklyn Heights and Williamsburg.”
Starchitect premium. obviously OPP prices are outliers for prospect heights.
fix prospect heights tag… 1 GAP is a ‘bargain’ as that number cost to build at best
The On Prospect Park prices are astonishing. Over $1000 psf for these babies. It’s no wonder Vanderbilt has turned into such an incredible strip.
For those who thought people wouldn’t buy 3 million dollar condos in Brooklyn because they could get a brownstone for less money, you should be paying attention. These numbers seem to best even the buildings along the water in Brooklyn Heights and Williamsburg.