Last Week's Biggest Sales: Closing Time at One BBP
While we couldn’t find the exact sizes of the Brooklyn Bridge Park units that sold, they’re probably all over 2,000 square feet, given the average asking prices in the building. 1. Fort Greene $2,375,000 76 South Elliott Place GMAP (left) 3,200-sf, 3-fam townhouse was asking $2,795,000 when we had it as an Open House Pick…
While we couldn’t find the exact sizes of the Brooklyn Bridge Park units that sold, they’re probably all over 2,000 square feet, given the average asking prices in the building.
1. Fort Greene $2,375,000
76 South Elliott Place GMAP (left)
3,200-sf, 3-fam townhouse was asking $2,795,000 when we had it as an Open House Pick in March. According to StreetEasy, the listing price was reduced to $2,395,000 before it sold. PropShark records say it last changed hands almost exactly a year ago, for $1,950,000. Deed recorded 10/9.
2. BROOKLYN HEIGHTS $2,350,000
One Brooklyn Bridge Park, Unit 636 GMAP (right)
One of several closings at 360 Furman over the past couple weeks. According to StreetEasy, the average listing in the building is a touch north of $1,000/sf. Deed recorded 10/7.
3. BROOKLYN HEIGHTS $2,275,000
One Brooklyn Bridge Park, Unit 436 GMAP
Deed recorded 10/6.
4. BROOKLYN HEIGHTS $2,075,000
One Brooklyn Bridge Park, Unit 629 GMAP
Deed recorded 10/9.
5.DUMBO $1,890,000
One Main Street, Unit 12K GMAP
1,414-sf unit in this record-breaking condo. Last sold for $1,150,000 in 2003. Deed recorded 10/8.
Photo of 76 South Elliott from Property Shark.
RobertMosesJr,
Willow Street is a charming tree-lined block of brownstones. There might be some noise from the BQE, but aesthetically it’s lovely and prime BH territory.
The location of OBBP, though just a few blocks from Willow Street, is worlds different. It’s in abandoned industrial territory. No stores. No houses. I saw a used needle when walking there the other day, if that tells you anything.
i guess you think sutton place is awful as well?
I guess no one in brooklyn has any money, and I should be thankful to all the Manhattanites and Euro Trash who so touched the scum infested shores of brooklyn with their golden dollars and raised my property value up in the last 5 years for without them I would be living in The South Bronx of the 70’s. Really god bless you all Now I can retire a millionare and let you suffer through the next 10 years of NYC late 80’s crack whores and stagnant real estate prices like I did. Thank you for it is you the kings and queens of early 21st century Manhattan who sucked down the kool aid of Carrie Bradshaw and the Donald and ended up in Brooklyn where finally it only smells like your crap.
RobertMosesJr, the comparisons you cite actually reinforce my opinion and serve as examples of other poorly situated apartments. 70 Washington’s location is awful, in my opinion, as is anything on Tiffany Place and anywhere along the Hicks Street corridor.
That should say that most brokers would have a difficult time saying that the market isn’t going down…
Sebb,
I have to wonder how you can have such distasteful words to describe brokers. You DO REALIZE that they are a significant factor in your idea that prices continue to go up. While creditors and sellers certainly played a major role in the latest housing boom, do you not realize the role that the real estate industry played in feeding into the notion of ever higher prices?
You despise them, yet they are literally the ONLY people right now in your camp. And even most brokers have now wised up and would have a hard time telling you in the eye that the real estate market in NYC is headed for a major downturn.
ok – i definitely recall seeing rave reviews on this site for a house on willow street which is about a 20 second walk under the bqe from OBB. except that OBB will be even closer to the park (whenever that comes) with great views (mostly) and amenities. it’s not that far off from what others would consider great parts of the heights.
as far as facing the bqe goes, 70 washington in dumbo is just as close, as well as many along the hicks street corridor, tiffany place, etc (i happen to live in one of them). if you’re outside you hear it, no question.. but with good windows (which as per recent nytimes article OBB has) you don’t hear a thing. and honestly, watching the lights on the bqe at night go around the curve is kind of cool.
alsawo, I too have my doubts about new retail options and restaurants in the near term and would be incredibly disappointed if the park does not come to fruition, but I’m bracing for the worst. Even for all of the development Dumbo has gone through, I’ve noticed a few restaurants open and close in a short time and there is still a lack of other amenties, particularly a decent (actually, any) grocery store. Even on the river side of OBBP, for all the great views, I would have to think, unless the windows are extremely sound proof, the noise of the helicopters, ship horns, etc. would eventually become annoying as well. Even in the middle of Brooklyn Heights these noises can often be heard (not to mention the fireworks, but I will say the views of those from the river facing units in OBBP would be incredible).
i looked at the HOTD post for south elliot — consensus seemed to be that it had an ikea-level renovation or redesign, however you want to put it. i am guessing it probably had $50K or so put into it, so that’s still a tidy return for a year.