Last Week's Biggest Sales
1. BROOKLYN HEIGHTS $6,322,711 One Brooklyn Bridge Park, Unit 1214 GMAP (left) As noted last week, Elizabeth Stribling closed on her purchase of a penthouse at One Brooklyn Bridge Park. The pad sprawls over 3,442 square feet (with 1,900 square feet of outdoor space), according to a Real Deal article. The purchase price recorded in…
1. BROOKLYN HEIGHTS $6,322,711
One Brooklyn Bridge Park, Unit 1214 GMAP (left)
As noted last week, Elizabeth Stribling closed on her purchase of a penthouse at One Brooklyn Bridge Park. The pad sprawls over 3,442 square feet (with 1,900 square feet of outdoor space), according to a Real Deal article. The purchase price recorded in public records is a few hundred thousand below the $6.6 million Stribling was reportedly paying for the unit plus a parking spot. Although Stribling’s purchase was billed as a record-breaking condo sale, the most expensive condo to ever sell in Brooklyn was a $7 million Dumbo unit that traded last year. Entered into contract on 3/29/07; closed on 1/29/09; deed recorded on 2/5/09.
2. PARK SLOPE $1,841,400
466 5th Street GMAP (right)
Back when this 3,600-sf three-family was a House of the Day last January, it was asking $2.2 million. It appears to have been re-listed in the middle of last year, according to StreetEasy, for $1,995,000. Entered into contract on 9/22/08; closed on 1/30/09; deed recorded on 2/6/09.
3. BOROUGH PARK $1,600,000
1206 59th Street GMAP
This 2,880-sf townhouse (on a 6,000-sf lot) was marketed as a potential development site and first listed for $2.9 million last February. Entered into contract on 8/18/08; closed on 11/12/08; deed recorded on 2/4/09.
4. BROOKLYN HEIGHTS $1,552,831
One Brooklyn Bridge Park, Unit 936 GMAP
Entered into contract on 8/16/07; closed on 1/14/09; deed recorded on 2/2/09.
5. FORT GREENE $1,399,300
122 Fort Greene Place, Unit 4 GMAP
1,403-sf, 2-bed, 2-bath condo in a 4-unit conversion. The remaining three units in the building, covered as Condos of the Day last September, are still on the market, with prices ranging from $999,000 to $1.2 million. Entered into contract on 11/17/08; closed on 1/28/09; deed recorded on 2/3/09.
477 5th Avenue photo from Property Shark.
“Mostly all post -Lehman, team bear. Comments???
I think we’ve gotten beyond the usefulness of the pre & post Lehman comparisons.” ~ Dibs
Dibs, you continually astound me with your stupidity. I mean, if anybody wants to argue with you one should just let you do all the talking. You do know when Lehman/oct crash went down right? This is not hard. Then again, I have to keep reminding myself that you DID speculate in the ghetto. Keep the pipe dream alive!
I agree with Santa. Please start a “Last Week’s Smallest Sales” column. Cellar apartments, house boats and winnebagos don’t count.
how about you do the cheapest sales of the week?
DIBS,
I take it as a valid argument. I would look at some statistics that says “average of the last week” or “best value of the last week” and track it over a period of time, but I agree that it’s hard to get that information in one report.
“inner city Birmingham British”….oolala! Someone is into trans-Atlantic class snobbishness. Well, well, see you at Ascot I’m sure.
6.3 mil and your apartment number is 1214 – how British huh? Inner city Birmingham British, that is.
park slope chop from 2.2 mil to 1.8 mil
and then a 2.9 mil to 1.6 mil
whatevs. I rent and rent is down
DIBS – I don’t think we’ve “gotten beyond the usefulness of the pre and post Lehman comparisons.”
The 1BBP units went into contract in 2007. Not relevant.
The Boro Park townhouse was also pre-Lehman. Not relevant.
The Park Slope 3 family was signed 9/22 – just days after Lehman, but before the October crash – so it’s relevance is debatable.
The only one that is genuinely interesting in terms of today’s market is that Fort Greene conversion, signed in November – seems like a good sign for Team Bull, if taken in isolation. Let’s see if they can sell the other 3 units.
After Geithner’s comments, uber-inflation (somewhere between regular inflation and hyperinflation) is on the cards – making me flipflop between Team Bear and Team Bull on the nominal prices….