Last Week's Biggest Sales
Nice price on the South Slope house. 1. BOERUM HILL $2,399,000 52 Dean Street GMAP (left) Sale was of unit 1A plus a parking spot at the Smith N Court condo on Dean. Street Easy is showing that only one unit in the 23-condo development is still up for grabs. Deed recorded 5/22. 2. CLINTON…
Nice price on the South Slope house.
1. BOERUM HILL $2,399,000
52 Dean Street GMAP (left)
Sale was of unit 1A plus a parking spot at the Smith N Court condo on Dean. Street Easy is showing that only one unit in the 23-condo development is still up for grabs. Deed recorded 5/22.
2. CLINTON HILL $2,300,000
149 Greene Avenue GMAP (right)
3,240-sf, two-fam in the Clinton Hill historic district. The house was last purchased in late ’06 for $1,330,000. Deed recorded 5/19.
3. FORT GREENE $2,100,000
98 Lafayette Avenue GMAP
When we had this one as a House of the Day back in October, its inflated asking was $2,655,000. Four-story, L-shaped lot. Deed recorded 5/21.
4. SOUTH SLOPE $1,765,000
303 13th Street GMAP
Wood-frame house asking $1,895,000 only a few months ago. Deed recorded 5/23.
5. DUMBO $1,480,000
One Main Street GMAP
12th-floor condo in Dumbo’s pricey Clocktower building. Deed recorded 5/20.
Photo of 149 Greene from Property Shark.
I am also pleasantly surprised by the Clinton Hill 2.3M. It does great for the neighborhood comps. This part of CH and bordering FG still needs some improvement, and that will happen soon.
I think that most of the comments here are ridiculous. I’ve been to open houses on all the properties you guys are talking about, in some cases more than once- the 14th Street $3.2M, the SmithNCourt 1A, and the house on 13th street. Using a simple pricing method of “how much would I actually want to pay to live in this house”, I don’t think any of them are outrageously priced. SmithNCourt has mediocre finishes, but if you like Carrol Gardens and want a ton of space it is great. Has tons of outdoor space and a parking spot. There are not many large condos in the desirable neighborhoods in Brooklyn with outdoor space, parking, etc… so just the rarity of this kind of property adds to its value. Some people don’t want brownstones. The 14th street house is beautiful. It is expensive for its size, but it is beautiful. It is the nicest renovation I’ve seen, has great outdoor space, and is half a block from Prospect Park. Unless you actually see the house you don’t realize how crappy it makes other houses look. The 13th street house was very nice as well- I don’t understand what people are comparing it to where it seems overpriced (unless they are comparing it to 5 years ago). I’ve been to quite a few open houses over the past few months, and all 3 of these places were priced better initially than most of the stuff I’ve see.
anyone know what happened with the other OHTD park slope house on union street listed the same week as the 13th st. house?
“yesterday’s HOTD (383 3rd Street) got a price chop of 100K since yesterday!”
Chop $100k/day and it should sell within 2 weeks.
11:18 – Yes, this is what the detractors say. But there have been bidding wars on other Charrette properties (i.e. the Warren Lewis 13th St listing bet 4/5) and they obtained historic psf prices for their Carroll Street condos. So, while others have said they are shoddy, some buyers really like their taste and pay a premium, so my point was sellers asking unbelievably inflated psf prices for poorly or non-renovated places are crazy.
And here’s a fascinating tidbit about state of market: yesterday’s HOTD (383 3rd Street) got a price chop of 100K since yesterday!
Wow — I live in a Charrette renovated rental.. the apartment looks nice at first glance, but it was all done very shoddily..
For 13th STreet house, I was using property shark square footage to arrive at 775 psf renovation cost – but hey, if the house was bigger then yes that’s a lower psf price. I know there is a premium paid for quality renovation, but Charrette is known for doing just that (even though some people don’t like their work, or them), so this is really a move-in condition house and the psf with this house should in theory be a comparable price point for high end renovation in a decent, if not top, part of the slope. My point is that, while this house was priced high, it sold for 130K less than ask, AND other houses that have even higher psf prices should realize that their prices might be unrealistic – I’m amazed by some sellers ideas of what they can get for their homes in this market, esp when you boil it down to psf cost. Yes, I know, there are other variables, but space is space and cost per square foot is something to take into account!
I agree something is not right about that Clinton Hill house sale.
How do you figure 775 psf? I think the house is bigger than the size implied by that number. Which means the selling psf would be lower. Looks like 20x35x3 plus whatever the top floor adds, not to mention the “deep” 2 story extension claimed by the broker.