Last Week's Biggest Sales
Last week three of the priciest residential sales were in the Slope, though each one tells a slightly different story: 1st Street went for a whole lot more than ask; Garfield Place changed hands for quite a bit less than its original price tag, $2.5 mil; and 60 St. Marks closed $200K shy of ask….
Last week three of the priciest residential sales were in the Slope, though each one tells a slightly different story: 1st Street went for a whole lot more than ask; Garfield Place changed hands for quite a bit less than its original price tag, $2.5 mil; and 60 St. Marks closed $200K shy of ask.
1. PARK SLOPE $3,600,000
536 1st Street GMAP (left)
Originally listed at $3.2 million; 4,720-sf 1-fam. Deed recorded 2/19.
2. PARK SLOPE $2,600,000
60 St. Marks Avenue GMAP (right)
Listed at $2,800,000 about five months ago; 3,680-sf 2-fam. Deed recorded 2/19.
3. GRAVESEND $2,200,000
2017 West Street GMAP
Detached 1,404-sf home on a 3,000-sf lot. Deed recorded 2/20.
4. PARK SLOPE $1,850,000
87 Garfield Place GMAP
House of the day on two occassions; 5,600-square-foot property originally asking $2,500,000, later cut to $1,990,000. Deed recorded 2/21.
5. BOROUGH PARK $1,614,000
1444 53rd Street GMAP
2,443-sf 3-fam house built circa 1910. Deed recorded 2/20.
10:02 is right. According to the ACRIS, 536 1st Street traded as “dwelling only” for $3.2 million in Feb 2007, and later traded as “1-2 family with attached garage and/or vacant land” for $3.6 million in Feb 2008. This info is from the actual deeds themselves, not Prop Shark or Streeteasy.
I agree with 1:21, I’ve been actively looking for a house for the last year plus and I don’t recall seeing this one listed. If you click on the link the sales history looks like the property includes some type of garage or extra property?
“Since The What apparently missed this story in the WSJ:”
Oh no Homeboy! I knew about that for days. I wrote about insolvent banks like WAMU, Citi and Wacovia. When the banks are forced to put the toxic shit back on their balance sheets, all hell is gonna break lose. This mortgage shit is is systemic! That’s what I’m harping on!! America economic system is in serious trouble. When the FDIC steps in they are going to liquidate all REO’s on the banks balance sheet. They wont give a fuck, they will sell it 20 cents on a dollar. When that sell closes, thats a fucking comp assholes. Real estate will be fucked!!
Last but not lease, Contryfried will be up on deck first! The deal with BOA will not happen. RIP Mutant Real Estate Bubble.
The What (Buy now or the price will go up LMMFAO)
Someday this war is gonna end……
Good find, 2:05 PM. Preparedness purposes my ass. The Fed knows something we don’t. But this is irrelevant to Brooklyn because…
sounds like a perfect job for The What!!!
Since The What apparently missed this story in the WSJ:
FDIC to Add Staff as Bank Failures Loom
WASHINGTON — The Federal Deposit Insurance Corp. is taking steps to brace for an increase in failed financial institutions as the nation’s housing and credit markets continue to worsen.
The FDIC is looking to bring back 25 retirees from its division of resolutions and receiverships… FDIC spokesman Andrew Gray said the agency was looking to bulk up “for preparedness purposes.”
they made more on this 1st street flip than the what has in his 45 years in brooklyn!!!
“I’ll put up with your apocalyptic bullshit and ‘wait till the end of the year’ like you said, if you promise to apologize for all your horseshit when we’re all still here in our houses and the market is still trundling along at single digit growth in January ’09.”
You got a bet!!!!!!!!! I will put some money on that also!!!
The What
SOMEDAY this war is gonna end…
wow 1:21…if that is true, the market is even hotter than i thought.
so they made 400K in ONE YEAR!!!???
good for them.