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1. CARROLL GARDENS $2,000,000
40 2nd Place GMAP (left)
This house was one of several ambitiously priced Carroll Gardens properties that hit the market early last year. When it was a House of the Day in mid-January ’08, the 15.8-foot wide, 2,300-sf, single-family was asking $2.8 million. According to StreetEasy, the price was reduced three times between February and September, winding up at $2.35 million. Its sellers purchased it in 2004 for $1.7 million. Entered into contract on 11/19/08; closed on 12/19/08; deed recorded on 1/9/09.

2. SUNSET PARK $1,800,000
5211 8th Avenue GMAP (right)
A 2,400-sf, three-family house, according to Property Shark. It was purchased by the Brooklyn Chinese-American Association. Entered into contract on 8/13/08; closed on 12/16/08; deed recorded on 1/5/09.

3. MIDWOOD $1,670,000
1092 East 22nd Street GMAP
This one’s a 2,676-sf, detached one-family house on a 5,000-sf lot, per Property Shark. Entered into contract on 9/4/08; closed on 12/24/08; deed recorded on 1/6/09.

4. PARK SLOPE $1,600,000
145 Park Place, Unit 6A GMAP
This 1,825-sf, 3-bed unit in the Park Place Condomium was originally listed for $1,536,000 way back in late ’05, according to StreetEasy. Entered into contract on 10/17/08; closed on 12/19/08; deed recorded on 1/9/09.

4. DYKER HEIGHTS $1,600,000
1160 85th Street GMAP
This 4,300-sf, 3-bed house hit the market in late ’07 asking $2.3 million and was reduced to $1.999 million last September, says StreetEasy. Entered into contract on 11/3/08; closed on 12/18/08; deed recorded on 1/7/09.

Photos from PropertyShark.


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  1. I am completely astonished by the Park Place price. I struggle to believe it is real, but if it is then I have a lot of my own words to eat. I just can’t believe someone actually paid $1.6 million for that apartment. It doesn’t make sense on so many levels.

  2. I’m not sure about Park Place, but the inventory of any new condos or conversions in the North Slope is dwindling, it seems.

    There are only 4 units left in the Vermeil, just a couple in Park Place, a few in that Lincoln Place former brothel and not much else that I can think of. Kinda slim pickings unless you want to go down to 4th Avenue area…

    For someone not interested in a full brownstone, there’s really not much to pick from in terms of inventory in North Slope. Maybe that’s why prices are holding up there relatively speaking.

  3. I am perplexed by the $1.6 million pricetag on Park Place. I had followed that apartment for a long time and it was on the market for $1,530,000 for a very long time. What would posess someone after three years on the market to approach the developer with a $1.6 million offer?

  4. Those Park Place condos have been on the market for what seems like forever. I have to assume some of these are re-sales. Regardless, the proximity to Flatbush makes these very undesirable to me.

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