Last Week's Biggest Sales
1. PARK SLOPE $2,000,000 491 6th Avenue GMAP (left) This 4,640-sf building has a store on its ground-floor level and three apartments above. According to its listing, the apartments are on month-to-month leases and the store has a potential rent of $6,000/month. Entered into contract on 12/24/08; closed on 1/12/09; deed recorded on 2/24/09. 2….

1. PARK SLOPE $2,000,000
491 6th Avenue GMAP (left)
This 4,640-sf building has a store on its ground-floor level and three apartments above. According to its listing, the apartments are on month-to-month leases and the store has a potential rent of $6,000/month. Entered into contract on 12/24/08; closed on 1/12/09; deed recorded on 2/24/09.
2. PROSPECT HEIGHTS $1,476,462
On Prospect Park, Unit 11A GMAP (right)
A 1,241-square-foot, 2-bedroom unit in the Richard Meier-designed condo. Entered into contract on 5/21/07; closed on 2/13/09; deed recorded on 2/24/09.
3. SHEEPSHEAD BAY $1,303,360
3112 Emmons Avenue, Unit 1 GMAP
Condo plus parking spot in The Breakers development. Entered into contract on 8/6/08; closed on 2/11/09; deed recorded on 2/25/09.
4. PARK SLOPE $1,300,000
664 Degraw Street GMAP
This 2,176-sf, two-family house was asking $1,395,000 when it was an Open House Pick in May. Entered into contract on 12/16/08; closed on 2/18/09; deed recorded on 2/26/09.
5. GRAVESEND $1,300,000
2216 80th Street GMAP
This 2,800-sf, two-family last sold for $1.2 million in August 2007, says Property Shark. Entered into contract on 7/9/08; closed on 1/4/09; deed recorded on 2/27/09.
491 6th Avenue photo from Property Shark.
gravesend bensonhurst its almost the same area. i grew up in both areas. not that much differences.
ha! “de-nerdification program”…..quote of the day!
lol, what can possibly say to a person who bases LWBS as a rep for the market? hahhahaha
“BHO: I don’t think prices are going up, but Park Slope houses here are both post-Lehman contracts.”
“but still — the meier place — strong, no?”
Market at large, basementalist and joe the bummer. Market at large. LWBS are hardly representative of the whole market.
***Bid half off peak comps***
This proves there are still idiots out there with no understanding of the real estate market.
There’s no justification for such high prices considering the recent near collapse of our national and local economy.
These fools think they’re paying “market prices” when “market price” doubled and tripled over the last decade for the same reason that bankers made untold fortunes scamming the American people.
Obviously such crazy high prices will be history by the end of the year. Seriously, without high paying Wall Street jobs, not to mention the contraction of nearly every other big business in this country, what possible justification is there for these prices?
BHO – even I know sebb’s a broker, and I’ve only been doing this for two weeks
but still — the meier place — strong, no?
BHO: I don’t think prices are going up, but Park Slope houses here are both post-Lehman contracts.
“why is it bullshit?”
Because the bulls are going bear.
“because you can’t get 50%?”
No, not yet. Stop pressing PAUSE.
“Because prices have continued to go up ?”
No, not post-Lehman contracts. Only six and seven figure cancellations continue to go up. Don’t you read the papers?
“read the report and wake up.”
I’m trying but the spin is making me dizzy…and tired [yawn]…..Zzzzzzzzzzzzz
***Please Do Not Disturb***
got to admit — that Meier building is looking pretty strong… 1189/ft … I thought that building would get about the same per foot as the vermeil — guess not.