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.
Last year NYC was ranked #22 by Forbes. Currency movements have a lot to do with the ranking and therefore they are quite volatile. New York was # 15 in their previous ranking.
i prefer brooklyn over manhattan as well, but i dont think brooklyn should be as expensive as it is. brooklyn is a gigantic small townish type suburb, not a city proper with sky scrapers and stuff.
*roB*
I’ve seen Most Expensive lists where New York is even higher than #5 (as it is on the one CWB just posted). And, really, London is cheaper than NY if you make euros.
Stoep2conquer, don’t worry. There will be relative bargains soon enough.
I see where this is going….Let’s just get this over with:
Park Slope is the best neighborhood in all of Brooklyn!
Interesting CW. Not sure how they figure these rankings…
This is the one I saw…
http://www.crainsnewyork.com/apps/pbcs.dll/article?AID=/20080724/FREE/829303783/1050/toc
All depends on how you look at it Rob.
Not everyone considers Manhattan more desirable than Brooklyn in 2009.
We’ve had this conversation on here before. There are people (myself included) who prefer Brooklyn over Manhattan, regardless of price.
This inherently has increased prices in Brooklyn.
11217 – Depends on the ranking method.
http://www.citymayors.com/economics/expensive_cities2.html
but that’s because of MANHATTAN 11217. fine manhattan SHOULD be mad epensive. but gravesend? as Whatevia would say… B*tch please!
*rob*
Stoep2conquer,
Also, the 5.4 million dollar house is a 7,000 foot home.
This isn’t a starter home.
If you bought a similar house of this size in anytown USA with the same sense of luxury and size, it would cost a million in Alabama, 2 million in Baltimore, 8 million in Greenwich, CT and 10 million in the Bel Air.
I’m not saying it’s not expensive, but this is a large home meant for an extremely wealthy person.
You can, however find a lovely 2 bedroom apartment in Kensington or Ditmas for 200K.