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.
I believe Syrian Jews had a lock on the home electronics market in NYC at one period of time… They owned Crazy Eddies, Nobody Beats the Wiz, etc. Not sure if that’s still the case.
C’mon, you know it’s true. N one has that much money legally.
I had a feeling my sincere question would bring PropJoe out from under his rock…
They steal it. It’s blood money
Archterrorist/sam, any insight into where the Hassidic / Syrian / Sephardim get all their cash? I’m tempted to assume it’s stereotypically through the diamond business on 47th Street, but they can’t all be involved in that business.
I had heard that prices were out of whack because of walking proximity to temples – hadn’t realised it was this crazy.
The first two are tear-downs although in the current climate they may become foreclosures. unless it is a Hassidic/Syrian or Sephardic community. It is true that the value of property in Orthodox communities within walking distance of Temple, is a market all onto itself.
No there is big Hasid/Sephardim money out here. It’s a totally different universe and prices are not related to the Brownstoner scene.
Am I missing something or do those first two look like the wrong price?