Last Week's Biggest Sales
1. PROSPECT HEIGHTS $3,054,750 On Prospect Park, Unit 10C GMAP (left) A 2,409-square-foot, 3-bedroom unit in the Richard Meier-designed condo, according to StreetEasy. Entered into contract on 5/21/07; closed on 2/27/09; deed recorded on 3/12/09. 2. CARROLL GARDENS $2,000,000 285 Smith Street GMAP (right) This 3,360-sf four-family with a storefront hit the market in October,…
1. PROSPECT HEIGHTS $3,054,750
On Prospect Park, Unit 10C GMAP (left)
A 2,409-square-foot, 3-bedroom unit in the Richard Meier-designed condo, according to StreetEasy. Entered into contract on 5/21/07; closed on 2/27/09; deed recorded on 3/12/09.
2. CARROLL GARDENS $2,000,000
285 Smith Street GMAP (right)
This 3,360-sf four-family with a storefront hit the market in October, listed at $2,450,000; the price was subsequently decreased to $2.25 mil. Entered into contract on 1/7/09; closed on 2/18/09; deed recorded on 3/10/09.
3. PARK SLOPE $1,700,000
493 1st Street GMAP
A 2,516-sf, two-family house, according to Property Shark. Entered into contract on 12/24/08; closed on 2/24/09; deed recorded on 3/12/09.
4. SOUTH SLOPE $1,425,000
444 12th Street, Unit 1B GMAP
This 1,775-sf, 3-bedroom unit at the Ansonia condo was originally listed for $1,595,000 in September, says StreetEasy. Sale included a parking spot. Entered into contract on 12/2/08; closed on 3/5/09; deed recorded on 3/12/09.
5. BRIGHTON BEACH $1,325,000
155 Oceana Drive East, PH2A GMAP
A penthouse unit in the Oceana condo. Entered into contract on 1/7/09; closed on 2/26/09; deed recorded on 3/12/09.
285 Smith Street photo from Property Shark.
Keep holding out for that $1 million prime brownstone Muff!
If dire prognostications were dollars, you’d have paid off your mortgage by now!
The prices for OPP continue to be remarkable, but they are also for deals signed way back in the day. I am curious as to how the resale prices will look. Part of my difficulty believing the price is that even at the top of the market $3mm would have bought a good park block brownstone in PS321. Different strokes I guess.
Also, this building is just so….Manhattan. And if that’s your taste, why not just live in Manhattan? With prices for new luxury condos in Manhattan in free-fall, this kind of money can buy something very nice in a brand-new building in Tribeca.
I don’t think the selling prices for properties that went into contract close to the meltdown really represent the “new comps”. As AIG demonstrates, there is still a lot of bonus money (and plain old denial) that was swishing around the system, but that kind of cash is what will dry up a lot more in 2009 and onwards. These kind of “biggest sales” and “HOTD 6 months later” features will only reveal the fuller picture when tracked throughout 2009 and into 2010, where consensus is that much larger declines are ahead of us.
“You can go back to your other job “Do you want fries with that” or “Do you want wax with that”? ”
Which you probably have to ask your mother for lunch money.
Basement living is cool.
Despite my low opinion of OPP, I’m glad it’s selling. A vacant deteriorating glass box on Grand Army Plaza wouldn’t be a good thing. I prefer bland glass boxes that are occupied.
I like OPP even if it is not exactly groundbreaking design-wise. It looks like – to be blunt – a suburban office park in Houston from the 1980s. Still, I kinda dig it, and the park views must be stellar.
Yeah, i think the On Prospect Park building is fairly nice. When it was first started, it seemed a bit odd… I actually still don’t think it’s “crisp” enough, but hey.
tyburg,
There are people living in there now, so most, if not all of it is done.
I think it turned out beautifully.
If I’m not mistaken the Smith St. house is quasi famous:
http://www.brooklynpaper.com/stories/30/18/30_18suburbaninvasion.html
The couple who bought it ended up buying something else in the area too, where they now live.
http://pardonmeforasking.blogspot.com/2009/02/westchester-couple-did-move-to-carroll.html