Last Week's Biggest Sales
Most of these properties saw price cuts before they moved, but all the prices seem fairly healthy. We wonder whether the Tara 104 Buckingham sale is a record for Prospect Park South. 1. BROOKLYN HEIGHTS $2,900,000 81 State Street GMAP (left) 4-family townhouse with two market-rate rental units. Listed at $3.1 million; deed recorded 2/25….
Most of these properties saw price cuts before they moved, but all the prices seem fairly healthy. We wonder whether the Tara 104 Buckingham sale is a record for Prospect Park South.
1. BROOKLYN HEIGHTS $2,900,000
81 State Street GMAP (left)
4-family townhouse with two market-rate rental units. Listed at $3.1 million; deed recorded 2/25.
2. PROSPECT PARK SOUTH $1,850,000
104 Buckingham Road GMAP (right)
16 room, 7-bedroom house. Originally listed at $2.295 million, then lowered to $1.95 million. Deed recorded 2/28.
3. FORT GREENE $1,775,000
299 Clermont Avenue GMAP
Four-story brownstone with four rental units; former House of the Day. Deed recorded 2/25.
4. WILLIAMSBURG $1,388,990
Unit at North8 Condo GMAP
Condo Unit 3A plus parking space at newish Toll Brothers development. Deed recorded 2/26.
5. BOERUM HILL $1,350,000
416 Pacific Street GMAP
Former Foreclosure of the Day; 3,600-square-foot two-family house; deed recorded 2/25.
Photos from Property Shark.
The Vanderbilts and Rockefellers would have cut down every tree in NY and had you assassinated if it meant they could have gotten their hands on a modern a.c. system.
5:53 = anorexic
“The Vanderbilts and Rockefellers managed.[to live without A/C]
How can you not seem to?”
Because I (and anyone else making over 25k a year) doesn’t have to anymore.
BTW – the Vanderbilts and Rockefellers also didnt stay in NYC during the summer months either.
Before 1950, ALMOST NO ONE HAD CENTRAL AC!!
The Vanderbilts and Rockefellers managed.
How can you not seem to?
Too many nights at the golden arches, I’m guessing.
“over time housing has appreciated about 4-5% a year”
Then how do you explain this…
http://tinyurl.com/2yqbrh
Air conditioning is for the weak and frail.
Human beings have evolved to be very good at shedding heat – hairless body, long torso and limbs to maximize surface area, lots of sweat glands, upright stance to minimize sun exposure. Just because you’ve short-circuited your body’s thermoregulatory system by spending your life in refrigeration doesn’t make AC ‘non-negotiable’ for non-pussies.
Okay now I’ve read it all – Brooklyn has 5-7 hot humid nights a summer??????????
What Brooklyn do you live in? A/C is hardly a luxury in 2008 and very few people would consider it an unnecessary amenity in a 2M home.
That being said 1:27PM – Just b/c you spend 2M on a house it really doesn’t mean that the 40K it is going to cost to add central air is just ‘pocket change” to you. – People here have a very strange notion of how rich people are who buy these homes/apartments.
“…compared to the massive price jumps we saw between 2003-mid 2007, they look like evidence of a market that’s cooled down…”
Yup. Market won’t go from hot to cold overnight. It has to get warm, then cool, then cold, then frigid, then CRACK!!! To get to -50% from 2007 prices, you gotta go through +15%, +10%, +5%, 0%, -5%, -10%, -15%, and -25%. Some prices may still be increasing SLIGHTLY but the rate of change is dropping.
Housing bulls always want to cite sale prices. How about sales numbers? How’ve they been doing?
5:08 = obese