Last Week's Biggest Sales
Midwood in the house. 1. MIDWOOD $3,950,000 1034 East 8th Street GMAP (left) 2,803-sf house on a nearly 5,000-sf lot, according to Property Shark. Two-family built circa 1920; has a garage. Deed recorded 9/10. 2. MIDWOOD $2,350,000 975 East 9th Street GMAP (right) 2,548-sf house that last traded hands for $2 million in mid-2007, per…
Midwood in the house.
1. MIDWOOD $3,950,000
1034 East 8th Street GMAP (left)
2,803-sf house on a nearly 5,000-sf lot, according to Property Shark. Two-family built circa 1920; has a garage. Deed recorded 9/10.
2. MIDWOOD $2,350,000
975 East 9th Street GMAP (right)
2,548-sf house that last traded hands for $2 million in mid-2007, per Prop Shark. The house was built around 1930. The new buyer is an LLC, so decent odds it’s going to be redeveloped. Deed recorded 9/9.
3. CARROLL GARDENS $1,770,000
498 Clinton Street GMAP
Three-story townhouse was originally listed for $2,199,000 in February, according to Street Easy. A few price chops followed, and the final asking was $1,799,000. House has four bedrooms and weighs in at 2,736 square feet. Last sold for $1,100,000 in late 2004. Deed recorded 9/11.
4. WILLIAMSBURG $1,475,000
60 South 1st Street/291 Wythe Avenue GMAP
This house didn’t languish on the market too long: It was listed at the end of April and the asking was increased a smidge in July, according to Street Easy. 3,348-sf, 3-family. Deed recorded 9/9.
5. DUMBO $1,465,000
70 Washington Street, Unit 8D GMAP
1,700-sf condo at one of Dumbo’s priciest buildings. Deed recorded 9/8.
Photos from Property Shark.
The Wiz, Sassoon, Jordache… All Sephardim owned. Some other low-end clothing chains, too.
As the community grows so do the physical boundaries of the community. Areas with big homes near Avenue J and Kings Highway like the non-landmarked sections of Ditmas Park become very attractive as well.
Dave, funny. It was pelts at one-time, but I think these days it’s the Canadians’ domination of the Zamboni trade along the eastern seaboard.
sam, I remember Sasoon Jeans! And Jordache and Sergio Valente…brings back memories of Brooke Shields and the most popular girl in junior high school whom everyone wanted and who is probably now married to a truck driver in Des Moines and raising 6 kids on a farm.
Biff…I hear there’s a alot of Canadian money in BH. Where do you think they get it all?? Pelts?
I financed one of these properties in Midwood a couple years back. You should have seen me explaining to the secondary marketing department of a major loan purchaser in the Midwest explaining why an ugly POS these these 2 houses were worth 2mm plus.
“Excuse me sir, What is a Shul?” I had a hard time keeping from laughing at her mid-western accent trying to pronounce Yiddish words.
The guy I knew from that community came from the family that own, or owned, Sasoon Jeans. Remember them? They were also into the import/export business as well as the garment and fashion business.
I think it is the non-sephardic community that are into the electronics. More Willamsbug, not Ocean Parkway.
The Syrian Jewish community is very stylish. they do not wear eighteenth century outfits.
Desi, thanks for the answer.
manofelt, I’ll have to look up the word as I have an “eruv uncertainty” regarding it’s meaning.
Any house within the right eruv can be worth a whole lot of money to certain people.
What’s a eruv you say? Oh go and look it up yourself.
Biff: Real estate and development. Major Hasidic landlord action in Brooklyn and we assume the other boroughs except S.I. Soon to increase, I expect, since they’re the only ones with access to credit at the moment.