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.
This is deja vu all over again.
Team bear always has a comeback in them — “wait till next week.”
well, i’m not taking sides. but “as I’ve said all along, this is just the beginning” is funny! hee hee. i look forward to more yogi berra moments from miss muffett.
End of the first half. Sebb led Team Bull to a strong start in the first quarter but, with some effective half-time adjustments, Miss Muffett looks poised for a Team Bear comeback. Stay tuned…
Miss Muffet;
Happy New Year!! Aw come on,I was only joking. I wish you only success in your hunt for a home (and a very good price!!).
Hello, Miss Muffet! Last I heard, you had put in some low-ball offers and heard back from the agents. Anything happening?
bk14, I’m not clear on the implications of the all-cash transaction. Usually buyers can get lower prices for all cash. Unless you mean they loved the place and didn’t have to worry about bank appraisals. Or you mean there was something funny going on.
And Benson, I’m staying put in NYC in my lovely, economical rental, taking my sweet time as I field calls from brokers who are much more willing these days to consider our lowball bids…
And Benson, I’m staying put in NYC in my lovely, economical rental, taking my sweet time as I field calls from brokers who are much more willing these days to consider our lowball bids…
Apparently St. James was an all-cash transaction. While not unusual, they aren’t the norm, so sellers in general shouldn’t get their hopes up based on this comp.