Last Week's Biggest Sales
1. GRAVESEND $4,200,000 1973 East 2nd Street GMAP (left) This 2,736-sf, single-family last sold for $5,000,000 in 2006, according to Property Shark. Entered into contract on 9/29/08; closed on 2/10/09; deed recorded on 2/17/09. 2. CARROLL GARDENS $2,000,000 208 Carroll Street GMAP (right) This four-family was asking $2,050,000 when it was a House of the…

1. GRAVESEND $4,200,000
1973 East 2nd Street GMAP (left)
This 2,736-sf, single-family last sold for $5,000,000 in 2006, according to Property Shark. Entered into contract on 9/29/08; closed on 2/10/09; deed recorded on 2/17/09.
2. CARROLL GARDENS $2,000,000
208 Carroll Street GMAP (right)
This four-family was asking $2,050,000 when it was a House of the Day in November. The 4,500-sf house was configured as four floor-through rentals, each with month-to-month leases. Entered into contract on 12/22/08; closed on 2/10/09; deed recorded on 2/19/09.
3. DUMBO $1,400,000
100 Jay Street, Unit 16F GMAP
A 1,601-sf unit in J Condo. Listed last July for $1,425,000, according to StreetEasy; it went into contract within a month. The condo originally sold for $1,170,000 in 2007. Entered into contract on 8/1/08; closed on 8/25/08; deed recorded on 2/20/09.
4. MILL BASIN $1,360,000
10 Bell Point Drive
A four-bedroom, single-family house that’s part of a planned community called the Bay Front Estates at Mill Basin. Google Maps doesn’t yet recognize the address. Entered into contract on 9/23/08; closed on 1/21/09; deed recorded on 2/19/09.
5. MIDWOOD GRAVESEND $1,188,000
172 Avenue P GMAP
A 4,356-sf, three-family house, according to Property Shark. Entered into contract on 7/31/08; closed on 2/2/09; deed recorded on 2/19/09.
Photos from Property Shark.
“…as the consensus among assclowns and morons reaches totality, the probability of the opposing hypothesis being correct approaches certainty.”
Please elaborate. What do you mean by totality and how do you measure it? And what exactly is the opposing hypothesis?
***Bid half off peak comps***
CWB;
Nice try, but there is no explaning certain intractables in life. The What seems to be giddy in the thought that wealthy folks in Park Slope will take some hits, but, as you point out, the real damage is being done to working folks. I tend to take a “tough love” approach to getting out of this mess, but your point is taken that we are talking about folks who made the “despicable” mistake of wanting a nicer home for their family in some suburban tract out in the desert.
How about this gem from BHO:”(2010 rebound – ROTFLMMFAO!). Stock up on non-perishables.”
Heck, with this mentality, why even waste your money on a brownstone? The price of land in Idaho is also cheap right now, perfect for building the bunker/militia compound.
snark—your chances of meeting the multilingual woodchuck are way better.
> “asking the What to be empathetic is like asking a woodchuck to speak swahili.”
I’m betting I meet a Swahili-fluent woodchuck first.
“2010 rebound – ROTFLMMFAO!”
Serious question–do you actually see an economic downturn lasting beyond the end of next year to be something that would cause you to roll on the floor laughing your mother fucking ass off about?
“Nothing selling at half off, but the $800,000 loss on the first house is interesting.”
Interesting indeed. Gotta pass through -19% before you reach -50%. Keep the cameras rolling.
***Bid half off peak comps***
As I stated yesterday regarding the gleeful handwringing of certain posters here;
…as the consensus among assclowns and morons reaches totality, the probability of the opposing hypothesis being correct approaches certainty.
If it is bunker time I am feeling pretty good about my bunker!
I don’t know why I keep hoping for a lucid explanation. 🙂