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.
1:55, I have to disagree. The trees outside of my home definitely help keep the house cool during the summer months. When you turn into the block which has a canopy of trees when the trees are in full bloom, you can feel the tempature and the humidity drop. Having a porsh also helps keep the lower level cool. The trees don’t help with the heat because there are no leaves on the trees during the winter.
hahaha….hopefully the new owner of 104 Buckingham Road doesnt go 40 ft down the road and get jumped in the PJs…2 million???? no way…not for that location.
Elderly people and anorexic women are never too hot and do not need A.C. for the rest of us it is a non-negotiable necessity.
“If you added up all my hours of looking on the internet and going to open houses etc, and consider what might time is worth, I could probably add another $100,000 to the price tag.”
Um…as you might be able to tell from some of the posters here who apparently spend all day posting, their time is worth about 1 cent per hour.
They have more time than brains, it would seem in many cases.
Does the BH building still look like a “dump” now that you know that there are no rent regulated tenants in the place?
Sure does. nothing says “dump” like a little tacky “colonial revivial” cardboard door surround on the basement level, no stoop, rusty window a.c.’s, and unkempt front areaway. By Brooklyn Heights standards this place is a dump. hopefully the new owners will rectify the situation.
Yes, agree with the poster above. The nice thing about all us suckers who bought at the top of the market is that at least we are not looking anymore. Looking sure can be time consuming. If you added up all my hours of looking on the internet and going to open houses etc, and consider what might time is worth, I could probably add another $100,000 to the price tag.
Not sure if 12:24 is a liar or not, but we had the same situation (bought in the bubble of 2006, but paid relatively low since it was a gut renovation). Not depressed about it at all, however; only in so far as recession is depressing in general, with people losing jobs, etc. But a correction was imminent, and necessary; we knew it would happen sooner or later. The timing of our purchase had to do with finding the right house for us, which we did (thankfully) while many of our friends are still looking (despite recession). If anything, people looking now are finding the market not much cheaper but MUCH LESS to offer in terms of stock.
These places all went for 5-10% under ask. We should be expecting this for another 5 years.
We live in an old building with many huge windows, high ceilings, windows on three walls. We invested in a high velocity AC system (unico). We used it a total of five days last year, and only on the top floor.
I’m not saying it’s a waste of money, because if you’re gonna do a renovation (as we did) you might as well upgrade everything while the walls are open. But if I bought a house like that again, I wouldn’t add AC.