Last Week's Biggest Sales
First few post-September meltdown contracts and closings we’ve seen. 1. PROSPECT HEIGHTS $3,140,000 1 Grand Army Plaza/On Prospect Park, Unit 5F GMAP (left) 3,199-square-foot, 4-bedroom, 3-bath unit in the Richard Meier-designed condo, according to its listing. Current listings in the building are running from $885,000 for a 1,000-sf 1-bed to $3.1 million for a 4-bedroom,…
First few post-September meltdown contracts and closings we’ve seen.
1. PROSPECT HEIGHTS $3,140,000
1 Grand Army Plaza/On Prospect Park, Unit 5F GMAP (left)
3,199-square-foot, 4-bedroom, 3-bath unit in the Richard Meier-designed condo, according to its listing. Current listings in the building are running from $885,000 for a 1,000-sf 1-bed to $3.1 million for a 4-bedroom, says StreetEasy. Entered into contract on 5/22/08; closed on 12/23/08; deed recorded on 1/02/09.
2. CLINTON HILL $1,930,000
147 St. James Place GMAP (right)
This former SRO was asking $1,950,000 when it was a House of the Day in late September. Last owners purchased the 2,688-sf, 3-family for $995,000 in January ’07 and gut renovated. Entered into contract on 11/3/08; closed on 12/15/08; deed recorded on 12/29/08.
3. PARK SLOPE $1,580,000
838 President Street, Unit 1 GMAP
1,840-sf, 4-bed, 2-bath condo, according to its listing. StreetEasy says it hit the market in mid-September and went into contract within a few weeks. Entered into contract on 10/7/08; closed on 12/19/08; deed recorded on 12/29/08.
4. PROSPECT HEIGHTS $1,510,000
265 Prospect Place GMAP
5,240-sf, 4-family, according to Property Shark. Entered into contract on 9/27/08; closed on 11/28/08; deed recorded on 12/31/08.
5. MIDWOOD $1,400,500
1348 East 8th Street GMAP
2,658-sf, 2-family house, according to Property Shark. Entered into contract on 8/18/08; closed on 11/17/08; deed recorded on 12/30/08.
Photo of 147 St. James Place from StreetEasy.
If St. James was actually gut renovated, it’s not entirely out of the question I suppose (and yes, I was one of the people saying the other St. James Place house was overpriced).
I do think that some people are willing to pay a rather large premium for a house in perfect condition, although this price does seem a bit outlandish to me.
How did they reconfigure the St. James Place house, as a 2 or three family? In any event, good recent comp for the area. The brownstone condo coversion on the corner of Grand and Gates, pre-Lehman, sold for more that $2MM in total, but I am surprised they got their price. Good for the sellers and welcome to the new owners. I personally have always liked that house and its interesting stoop. Glad to see it fixed up.
I think 147 St James can be ID as an outlier. Considering the others houses and prices we’ve seen in CH, maybe there’s gold in the basement.
Maybe a sellers concession on St. James?
Something seems weird with that St. James price. Don’t see how they could have gotten that much. We’ll take the comp for our house, but still, seems strange.
cornerbodega’s whole theory of everything down 50% or more gets PWNED one more time.
Get back in that bodega and line all that dishwashing soap up against the front windows!!!
Someday the loons will be extinct.
Miss Muffett? Miss Muffett?? Calling Miss Muffett!!!
Has she run off with The What to some “The End is Coming” cult camp out in Idaho?
and so goes the last vestiges of cheerleading from the resident idiots
“Thats the big problem with this board nobody thinks.”
That’s the big problem with this board, everybody thinks they have a witty comment.