Last Week's Biggest Sales
Hey, at least one house has gone for above asking in the past six months! 1.GRAVESEND $2,750,000 1959 East 5th Street GMAP (left) 2,049-sf, 2-fam house built circa 1920, says PropShark. Lot size=4,000 sf. Deed recorded 10/16. 2. BAY RIDGE $2,350,000 8423 Ridge Boulevard GMAP (right) 5,086-sf house with ground-floor commercial space. Lot size is…
Hey, at least one house has gone for above asking in the past six months!
1.GRAVESEND $2,750,000
1959 East 5th Street GMAP (left)
2,049-sf, 2-fam house built circa 1920, says PropShark. Lot size=4,000 sf. Deed recorded 10/16.
2. BAY RIDGE $2,350,000
8423 Ridge Boulevard GMAP (right)
5,086-sf house with ground-floor commercial space. Lot size is a whopping 11,500 sf. Deed recorded 10/16.
3. BAY RIDGE $2,300,000
8019 Harbor View Terrace GMAP
Per listing, this is a single-fam with six bedrooms and five baths. Last sold for $1,525,000 in ’03. Deed recorded 10/14.
4. PARK SLOPE $1,540,000
566 10th Street GMAP
Listed for $1,499,000 when it was an Open House Pick this May. 2,574-sf, 3-fam house. Deed recorded 10/16.
5. PARK SLOPE $1,409,500
133 Sterling Place, Unit 4B GMAP
3 beds, 2.5 baths, 1,543 feet in all, according to StreetEasy. Purchase also included a parking spot. The active listings at the condo range from $850K to $1.5M. Deed recorded 10/16.
Photos from Property Shark.
DOW – I mean these people are their own bankers, they do their own financing and deals among themselves. They don’t go to Chase Bank and ask for a loan. In that way, they are much more insulated from the economic downturn. I didn’t say they were completely unaffected, just that they aren’t reliant on the “goodwill” of outsiders. Beleive me, their wealth will weather them through this storm.
We are putting about 100k into it. A lot of people were talking about the $200/sqft or so for gut reno, but it really didn’t _need_ any work except to redo the facade, although that was by far the most expensive part (40k). We’re painting (white instead of those huge bold blue/red colors), putting in new flooring above the pine subfloor, new HVAC to save money over the long haul on heating/water, and various other small things (hopefully most things I can do myself). Will probably redo the kitchen/bathroom in the future when the dust has settled.
I agree Tiptoe. You said absolutely nothing remotely wrong, but there are a few crazy people on this blog who like to overreact and generally be annoying.
Please don’t take offense and continue posting because some of us actually do like to hear others viewpoints.
I’m sticking up for you Ms. Muffet on this one also. Sebb is out of his mind.
“a great deal of wealth not dependent on banking, the stock market etc. etc.”
No such thing. One economic pie (global, national, regional, local, you name it) from which we fight over slices.
ummm, why am I being compared to PropJoe? Nothing I said was flame-worthy, racist or otherwise inflammatory. Syrian Jews are a very insular group and have built up a great deal of wealth not dependent on banking, the stock market etc. etc. so, it makes sense that they can still afford to buy property, tear down homes and builder larger ones in their place.
Dave – why don’t you stop talking out your ass for a change?
Nice locations for those Park Slope closings. Parking spot for the co-op (sweet!).
From comments in the 566 10th Street Open House Pick link back in May:
“NYTIMES MAY 16, 2008
The Treasury secretary, Henry M. Paulson Jr., delivered a guardedly optimistic message to business leaders on Friday, saying that the economy was moving toward a rebound after months of malaise.
‘We are still working through housing and capital markets issues, and expect to be doing so for some time,’ he said in remarks at a Washington Post conference. ‘We also expect to see a faster pace of economic growth before the end of the year.’
…” – guest at May 16, 2008 2:51 PM
Then there was The What…
“Ok, is this from a guy this is worth 500 million? Oh I see, he has his finger on the financial pulse of America. I think this guy used to run Goldman Sachs, the company that just reported a 500 million lost this quarter. Ok I see, the good ole truth comes from this Administration. Like the weapons of mass destruction in Iraq.” – guest (The What) at May 16, 2008 3:15 PM
Fast forward to today – the end of the year is near. Faster economic growth? After bank failures/takeovers, the disappearance/conversion of the big five IB’s as we knew them (poof!), a $1T bailout and more on the way and a DOW loss of 40%, I totally believe Paulson, Bernanke and the mainstream media (including Warren Buffet), that THEY control, when they say the credit markets are recovering.
Sebb – I’m sorry but I don’t even understand what you are trying to say – what does it mean to “spin a higher sale price into a construed thought”?
133 Sterling is the new name for the Vermeil, no?
Congrats JustinM. How much work does it need? Tried to get to openhouse but never made it.