Last Week's Biggest Sales
1. COBBLE HILL $5,400,000 155 Warren Street GMAP (left) As covered last week, this 7,000-sf, 25-foot-wide Greek Revival house hit the market in October ’07 with an $8.75 million asking price. The price was reduced several times, ending up at $5.9 million in late September, according to StreetEasy. Entered into contract on 11/14/08; closed on…
1. COBBLE HILL $5,400,000
155 Warren Street GMAP (left)
As covered last week, this 7,000-sf, 25-foot-wide Greek Revival house hit the market in October ’07 with an $8.75 million asking price. The price was reduced several times, ending up at $5.9 million in late September, according to StreetEasy. Entered into contract on 11/14/08; closed on 12/16/08; deed recorded on 1/13/09.
2. HOMECREST $3,015,000
1840 East 8th Street GMAP (right)
3,330-sf, detached 1-family house, according to Property Shark. Entered into contract on 12/28/07; closed on 12/30/08; deed recorded on 1/13/09.
3. BROOKLYN HEIGHTS $1,945,000
One Brooklyn Bridge Park, Unit 940 GMAP
1,709-sf, 3-bedroom, 2 1/2 bath unit. Entered into contract on 3/24/08; closed on 12/3/08; deed recorded on 1/15/09.
4. GRAVESEND $1,800,000
1963 East 2nd Street GMAP
2,686-sf, brick two-family house, according to StreetEasy. Entered into contract on 10/31/06; closed on 1/7/09; deed recorded on 1/16/09.
5. MANHATTAN BEACH $1,500,000
215 West End Avenue GMAP
1,705-sf, 1-family house, according to Property Shark. Entered into contract on 11/1/08; closed on 12/18/08; deed recorded on 1/16/09.
Photos from Property Shark.
Damn, Cobble Hill was a slam dunk! One month close. Snatch-a-rama, gimme that! 25-footer and somewhat mirrors Brooklyn Heights (about Atlantic) in location quality. 38% below ask – any body know peak comps for this puppy?
***Bid half off peak comps***
Homecrest gotta be Syrian synagogue territory.
***Bid half off peak comps***
I’m not aggravated in the least, DIBS. Just bidin’ my time…
dirty hipster, if you were to pick up a three bedroom, 2 bath condo on the Upper East Side for $2MM and move it to the middle of Montana, the value might drop a tad then too.
I’m sorry – 3 million dollars for that Homecrest place? It looks like any number of crappy houses you can get in Queens for 700k tops.
What Brownstone Brooklyn has going for its proximity to Manhattan. If you were to pick up Brooklyn as is and drop it into the middle of Montana or something, I think you might see home values drop a tad.
That said, why did it take a year for the Homecrest to close?
“but it should always be cheaper because it is simply not at the center of things.”
And it is cheaper. A townhouse like the one on Warren would be 15 million in the West Village or 20 million on the Upper East Side. Maybe 7 or 8 million on the Upper West Side?
Homecrest? Seriously? Is today April 1st?
DIBS – if only I had something to sell in Manhattan. 🙂
“finite” and “valuable” My bad.