Last Week's Biggest Sales
For the second week in a row, the top sale is at One Main. We weren’t able to find a listings trail for the Prospect Heights house. Anyone got the skinny? 1. DUMBO $2,800,000 One Main Street, 6A GMAP (left) According to PropShark, the unit is 2,198 square feet. Deed recorded 6/10. 2. PROSPECT HEIGHTS…
For the second week in a row, the top sale is at One Main. We weren’t able to find a listings trail for the Prospect Heights house. Anyone got the skinny?
1. DUMBO $2,800,000
One Main Street, 6A GMAP (left)
According to PropShark, the unit is 2,198 square feet. Deed recorded 6/10.
2. PROSPECT HEIGHTS $1,600,000
388 Sterling Place GMAP (right)
Per Property Shark, this four-family house is 2,982 square feet. Deed recorded 6/12.
3. SOUTH SLOPE $1,350,000
354 10th Street GMAP
Listed at $1,495,000 when we had it as an Open House Pick in December. Two-fam house is 17 ft x 35 ft and 2,080 square feet. Deed recorded 6/13.
4. DUMBO $1,250,000
70 Washington, Unit 10A GMAP
Another nice price at 70 Washington. 1,342-sf unit. Deed recorded 6/12.
5.FORT GREENE $1,245,387
One Hanson, Unit 17H GMAP
1,475-sf unit. Deed recorded 6/12.
Photo of 388 Sterling from Property Shark.
Prime Brooklyn seems to be holding its prices. There is housing pressure in NYC from many different angles. Plus, hometown Brooklyn has been getting a lot of good PR, press, etc. here and around the world. And, yes…there has been a certain level of gentrification…can’t deny it.
As Polemicist always likes to point out, gas ain’t gettin’ any cheaper…for that and many other reasons people will continue to seek to move into NYC.
I have found that many empty nesters from around the country have sought a pied-a-terre in NYC. It is very common. Sometimes their kids live in NYC or have moved to this region, sometimes, they are simply aging boomers who always wanted to live in NYC so are taking the plunge.
I wonder if out-of-state gender-convergent marriages being recognized by the State of New York will have any impact on housing pressure. Get married in CA or MA and you either have to live in those states or NY to have your marriage recognized on a state level.
Who knows…
Just seems prices haven’t imploded in NYC…considering what friends in Arizona are going through. And frankly, I really don’t give a lot of credence to refutations that always rely on “These contracts were signed months ago.”
Look, if the prices turn out to be super-overpriced three months later because the market is collapsing, I’m sure the buyers would have found a way to pull out.
One way or the other, Brooklyn real estate continues to change hands for a lot more than anyone would have predicted in 1995.
FGG
Biff, you know what happens when you assume!
Jesus, the “what” has a case of EXCITEMENT!!!! and is so stupid he thinks we all need 2 references to a movie in order to get it. Maybe somone needs their nap.
Brownstoner now has a Quote of the Day feature. Can we start an Assumption of the Day? I nominate 1:07 guest for assuming the Fake What owns a dictionary!
“Your copycat moniker is in a class of two; the other one being serial killers”
You forgot fashion designers.
The only thing I’ve seen is the What being wrong for the last 2 years.
Consistently and constantly.
BTW, we are not in a recession. If you think so, you need to go look up the definition in a dictionary and get back to us.
“I just love the smell of subprime in the morning…”
LMMFAO ! Brilliant!
BTW When the crash really gets going I was going to use LT Col Kilgore line: “I love the smell of napalm in the morning”!
BTW Did you see the PPI numbers!
The What
Someday this war is gonna end…..
$1.35 million for 10th Street where you’re serenaded by the idling B77 bus, and get to see and smell a mountain of garbage in front of the Mitchell Lama building two days out of every week.
If this is a weak real estate market, I’m not sure I know what a strong one looks like.
“Paying over 5000.00 a month to won something that would rent for 3000.00”
Since we saw yesterday that rents at the Mynt in Bed Stuy are $2250 a month to be in the a**crack of Brooklyn with no trains and across the street from a large public housing project, I think it’s fairly safe to say that not one property listed above would cost only $3,000 a month to rent.
5K, minimum.
You are VERY out of touch with rental costs in this city.