Last Week's Biggest Sales
1. BROOKLYN HEIGHTS $3,850,000 176 State Street GMAP (left) This 3,304-sf, one-family townhouse hit the market in April of last year, according to StreetEasy, and went into contract a couple months later. Its ad had this to say: “nicely restored with six bedrooms, three baths, a family room, and a great back yard… Because of…
1. BROOKLYN HEIGHTS $3,850,000
176 State Street GMAP (left)
This 3,304-sf, one-family townhouse hit the market in April of last year, according to StreetEasy, and went into contract a couple months later. Its ad had this to say: “nicely restored with six bedrooms, three baths, a family room, and a great back yard… Because of the lovely original center stair, each room is the full width of the house, and the room proportions are wonderful…It might just be more space than you need.” Entered into contract on 6/16/08; closed on 12/16/08; deed recorded on 1/21/09.
2. BROOKLYN HEIGHTS $1,850,000
71 Pierrepont Street, Unit 4 GMAP (right)
A 2,501-sf, 4-bed, 4-bath duplex condo. It was initially listed for $2.585 million last March, according to StreetEasy, and there were several price cuts before someone bit. Entered into contract on 11/20/08; closed on 1/09/09; deed recorded on 1/21/09.
3. MIDWOOD $1,585,000
944 East 23rd Street GMAP
2,514-sf, single-family house, per Property Shark. Entered into contract on 9/22/08; closed on 12/23/08; deed recorded on 1/20/09.
4. PROSPECT HEIGHTS $1,527,375
On Prospect Park/1 Grand Army Plaza, Unit 2L GMAP
2-bed, 2-bath, 1,547-sf unit in the Richard Meier-designed condo. StreetEasy shows it going into contract late last February, though public records say it went into contract and sold on the same day a couple weeks ago. Entered into contract on 1/8/09; closed on 1/8/09; deed recorded on 1/21/09.
5. PROSPECT HEIGHTS $1,476,462
On Prospect Park/1 Grand Army Plaza, Unit 4D GMAP
1,477-sf, 1-bed, 1-bath unit. As with this week’s other OPP sale, StreetEasy says it went into contract early last year, rather than a couple weeks ago, as public records indicate. Entered into contract on 1/9/09; closed on 1/9/09; deed recorded on 1/22/09.
Photos from Property Shark.
176 State Street is on a 19×100 lot. While the house looks very narrow in the picture, it’s not.
“In any case, I think it reaffirms just how crazy the 4.4 million price was on yesterday’s house.”
11217–I vastly prefer agreeing with you than disagreeing. Glad we are on the same page on this….
“Not sure what you mean Wasder…Sam is right, yesterday’s house in Cobble Hill was wider and larger.”
Yesterday’s house was 600 square feet larger overall but I highly disagree that the block was nicer (or more desirable to the uber-high end buyer) than this block of State between Clinton and Court.
All that might be true, NorthHeights, but State Street went to contract in June 2008, according to Streeteasy.
The difference between June 2008 and January 2009 is quite significant.
I also think this house looks younger, fresher and less formal. Probably more attractive to more buyers, I’d think.
In any case, I think it reaffirms just how crazy the 4.4 million price was on yesterday’s house.
Not sure what you mean Wasder…Sam is right, yesterday’s house in Cobble Hill was wider and larger. Plus (notwithstanding the protracted argument), the block was nicer than this part of State Street, even if it is in Brooklyn Heights. I actually thought this sale would have been strong support when the owner/broker went to price the Cobble Hill house.
“The 2 bedroom 2 bath unit (on the second floor) for 1.5 million makes me see what a good deal yesterday’s 3-bedroom, 3-bath unit for 1.1 million at the Turner really is.”
Good to see marketing works! This is why brokers inflate square footage and room counts. I think you could get a nicer 3rd bedroom out of the OPP layout that the one in Turner Towers. Plus, one is renovated and one is not. Plus, one has a 25% flip tax and one does not. Plus, one has a co-op board and one does not. 5 years down the road, I’d rather be trying to sell OPP than the TT unit.
Anyway, all this stuff looks expensive to me. Where is this damn depression I keep hearing about?
Totally agree, Sam.
I think On Prospect Park looks beautiful from the outside actually (I know a lot of people here hate it) and I even think the view of it from the lawn in Prospect Park on a summer day is beautiful, but I would never want to live in it.
“The Heights house is a beauty, but it is not a 25-footer like the house in Cobble Hill.” Yeah, but its a really nice center staircase house and in the “location location location” department though I would prefer Cobble Hill personally I bet that State Street block commands a higher premium.
The Heights house is a beauty, but it is not a 25-footer like the house in Cobble Hill.
In terms of the Meier Building, I think it is very attractive on the outside, but I work in a glass tower, when I go home I want to be surrounded by nice thick pre-war masonry walls. The minimalist aesthetic is easy on the eyes, but I think it is probably not that comfortable to actually live in.