Last Week's Biggest Sales
1. COBBLE HILL $4,900,000 (left) Yep, it’s the house that Norah Jones bought: A 4,100-square-foot, 6-bedroom, single-family townhouse. Entered into contract on 12/5/08; closed on 1/27/09; deed recorded on 2/9/09. 2. PARK SLOPE $4,100,000 21 Lincoln Place GMAP (right) This 5,076-sf, four-family last sold for $2,050,000 in 2006, according to Property Shark. Entered into contract…
1. COBBLE HILL $4,900,000 (left)
Yep, it’s the house that Norah Jones bought: A 4,100-square-foot, 6-bedroom, single-family townhouse. Entered into contract on 12/5/08; closed on 1/27/09; deed recorded on 2/9/09.
2. PARK SLOPE $4,100,000
21 Lincoln Place GMAP (right)
This 5,076-sf, four-family last sold for $2,050,000 in 2006, according to Property Shark. Entered into contract on 1/29/09; closed on 1/29/09; deed recorded on 2/11/09.
3. GRAVESEND $4,000,000
2005 East 4th Street GMAP
A 2,535-sf, single-family house on a 4,000-sf lot. Took two years for the sale to close. Entered into contract on 2/7/07; closed on 2/5/09; deed recorded on 2/13/09.
4. PARK SLOPE $2,400,000
576 4th Street GMAP
This 2,559-sf single-family was listed for $2,850,000 when it was an Open House Pick in August. It last sold for $1.99 million in mid-2004, according to Property Shark. Entered into contract on 12/3/08; closed on 1/26/09; deed recorded on 2/10/09.
5. PARK SLOPE $1,725,000
365 4th Street GMAP
A 2,740-sf, two-family house, per Property Shark. Entered into contract on 11/19/08; closed on 1/27/09; deed recorded on 2/11/09.
Photos from Property Shark.
Maybe no one is reading on here now at this hour, but I wonder if what is happening with some of these strong prices is that people are plunking their money into urban real estate after pulling it out of the stock market…and don’t know what to do with it at this point.
Thoughts from the peanut gallery?
just because some people are willing and able to pay high prices for properties in Brooklyn does NOT mean that Brooklyn real estate is not due for a major correction … take a look at the stock market today … we headed for a long economic decline but if people don’t want to negotiate significant price reduction below ask then I want to offer congrats to the lucky sellers
Thats fine, I was responding, rather clumsily, to a post in the actual thread about her house that shes sold X number of albums therefore she must have the money.
ditto-
Her first album sold 22.5 million copies. At 15 bucks per, that’s approx 330 million bucks gross for her to draw her 10% from. Her second album sold about 13 million copies.
Add to that 11217 point that touring provide’s the lion’s share of musicians’ bottom line, well you get the idea.
Long story short, 4 million is chump change for her.
Singers like this make the bulk of their money from touring.
A singer like Norah Jones could easily bring in 10 million net from a single 2 month tour.
Mr. B is correct, look at the second to last page of the ACRIS filing (real property transfer report) – shows a “full sale price” of $4.1 million with no other special conditions, for just the one parcel
(The contract and sale dates are both listed as 1/29 but I think that’s less reliable for the actual contract date)
20 million? So if shes’ gettin 10% at 15$ a pop that giver her $3mill. So she’ll still have to get a job serving coffee or something.
Thanks 11217. 2.850 I can believe.
OK, well I see the comment that it has been renovated, and it’s over 5,000 sf, so…. maybe? I don’t know. It just seems like a huge stretch to me. I guess if someone did a great reno job this could happen. Obviously the numbers are on the public record, I just question whether this is a real market buyer and a real market seller.