Last Week's Biggest Sales: Slope Supreme
All about the Slope this week. 1. PARK SLOPE $2,855,000 590 2nd Street GMAP (left) House originally listed for $3,200,000 late last year and then reduced to $2,995,000 this spring. Two-family, four-story brownstone. Deed recorded 7/02. 2. BROOKLYN HEIGHTS $2,792,500 69 Joralemon Street GMAP (right) Can’t find a listings trail for this one. Property Shark…
All about the Slope this week.
1. PARK SLOPE $2,855,000
590 2nd Street GMAP (left)
House originally listed for $3,200,000 late last year and then reduced to $2,995,000 this spring. Two-family, four-story brownstone. Deed recorded 7/02.
2. BROOKLYN HEIGHTS $2,792,500
69 Joralemon Street GMAP (right)
Can’t find a listings trail for this one. Property Shark has it as a 3,040-sf two-family. Deed recorded 7/03.
3. PARK SLOPE $2,788,000
130 Lincoln Place GMAP
Asking $2,995,000 when we had it as a House of the Day in early March. Two-family brownstone. Deed recorded 6/30.
4. PARK SLOPE $2,400,000
22 POLHEMUS PLACE GMAP
3,240-sf, 1-fam townhouse. Listing MIA. Deed recorded 7/03.
5. PARK SLOPE $1,725,000
398 Bergen Street GMAP
Asking $1,750,000 when it was an Open House Pick in February. Last sold for $1,140,000 in May 2005. Three-fam, 2,400-sf. Deed recorded 7/02.
Photo of 69 Joralemon from Property Shark.
Three Slope houses, and all of them, sold BELOW ask. And so the decline begins, not with a bang but a whimper.
“No Asshat! I will let the chairman of the Federal Reserve say it!”
ROTFLMMFAO!!!
Glad to see 398 Bergen fetching $718/SF. Judging from the old posts, it wasn’t the nicest place.
Stoner, what happened to the Monday morning Open House reviews post?
If I were a seller, I’d sell NOW, while the getting’s good, and ask a realistic price. I bet the Lincoln Place house seller made a plenty big profit, and would have even if it had sold for 2mil. C’mon sellers, give it up, go ahead and sell, and don’t be scared – you’ll still make far more than what you paid – which might not be the case if you wait another year, when all the economic news is so bad…
These sales show that the Slope is still strong, but softening. Used to be, things sold at or above ask, but now buyers are requiring price reductions unless things are priced reasonably to begin with. So, sellers should not fear selling but they must be realistic in their pricing strategies. 2nd Street is super-prime slope, and a big house, but 3.2 won’t fly. Still, 2.8 is a lot of donuts. But, prices are certainly not going up anymore, if anything, they are dropping a bit, but not crashing.
was there a war?
I loved 130 Lincoln!!! and find it interesting that it came down in price when 128 Lincoln sold for more and 106 Lincoln is still prices so high….the2nd street house is also lovely. Guess some sellers are just holding out for an uneducated buyer and some sellers are facing facts and really interested in selling…interesting times!
Looks to me like the war is over, and Park Slope won. Sorry, but that kind of money doesn’t lie…..
wrong z…not sitting on the sidelines you don’t LOL
sorry….”money”