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.
Snark, people living in formerly redlined, then subprimed, now redlined again areas were *targeted* by subprime companies who came calling on them. It had to do with where they lived, not their credit scores. Some had good credit scores, some didn’t. There have been people who took out subprime loans who would have qualified for regular loans but they were dealing with subprime mortgage lenders.
It wasn’t like you or me going to Manhattan Mortgage and getting the best deal we could based on our credit score. In fact, I was never offered these kinds of deals with ARMs and little to nothing down, and neither were most of the people I know.
He’s probably just an asshat like the rest of us, but Legion is correct in what he writes; whether ot not people like BHO and cornerbodega can begin to understand it is doubtful.
misterbubble would like to know if this legion chap is a moron or an assclown.
said it once I’ll say it again,
…as the consensus among assclowns and morons gleefully wringing their hands over a perceived societal breakdown,reaches totality, the liklihood that the opposing hypothesis is correct approaches certainty…
Snark…don’t test his logic. It’ll give you a headache.
> “working class people who were swindled by subprime brokers and are now losing their credit scores”
Just testing the logic here: If they had good credit scores, then why did they take out a subprime loan?
I guess you don’t care about Bed Stuy anyway What, as long as there’s one last PWA still living there though.
Fool.
You’ve gotten PWNED in a big way on your sorry-ass ghetto gentrification attitude. Like others have said, its basically racist.
“No the the Assheads in Asshat Hill!!! I want all the Gentrification Crowd to get Assraped!!! Every last one of them! When they was economically pushing poor people out of their neighborhood, the Asshats didn’t care!! Bed Stuy, Greenpoint, Flatbush, Williamsburg and Bushwick people lost their way of life so Meagan and Josh from Armpit OHIO can pay 1700.00 a month for a studio in the Ghetto!!!”
You have the effects of the MAB implosion wrong.
The MAB has hurt poor people greatly. If you go to subprime areas, you see that it is poor, working class people who were swindled by subprime brokers and are now losing their credit scores, their houses, and in many cases down payments and closing costs. This is very serious.
In addition, all the empty, boarded up houses just encourage crime and destroy the property values of their neighbors’ houses.
In sum, poor people were screwed on the way up and they’re being screwed on the way down.
The rich are not going to suffer as much.
“I find that funny that Team Bear thinks they’re PWNING someone in this thread about Last Weeks Biggest Sales and the prices that were paid.”
Too bad none of the sales was in Bed Stuy Dumbass!
The What
Someday this war is gonna end….