Last Week's Biggest Sales
1. BROOKLYN HEIGHTS $3,200,000 32 College Place GMAP (left) A 2,820-square-foot, single-family house, according to Property Shark. Entered into contract on 12/9/08; closed on 2/11/09; deed recorded on 3/20/09. 2. COBBLE HILL $2,300,000 17 Cheever Place GMAP (right) This 2,488-sf two-family hit the market in June, listed at $2,750,000; the price was subsequently decreased to…
1. BROOKLYN HEIGHTS $3,200,000
32 College Place GMAP (left)
A 2,820-square-foot, single-family house, according to Property Shark. Entered into contract on 12/9/08; closed on 2/11/09; deed recorded on 3/20/09.
2. COBBLE HILL $2,300,000
17 Cheever Place GMAP (right)
This 2,488-sf two-family hit the market in June, listed at $2,750,000; the price was subsequently decreased to $2,575,000. The house had been “meticulously gut-renovated to perfection,” according to its listing; the sellers bought it for $1,130,000 in early ’06. Entered into contract on 11/10/08; closed on 3/6/09; deed recorded on 3/16/09.
3. PROSPECT HEIGHTS $2,000,000
210 Prospect Place GMAP
This 3,633-sf, single-family townhouse was first listed for $2,495,000 last summer; the price was dropped to $2,250,000 in October. As noted in a House of the Day post, its owners gave it an extreme makeover. Entered into contract on 2/5/09; closed on 3/10/09; deed recorded on 3/19/09.
4. PARK SLOPE $1,620,824
520 8th Street GMAP
This 3,000-sf, three-family last sold for $999,999 in late 2007, according to Property Shark. Entered into contract on 3/6/09; closed on 3/6/09; deed recorded on 3/18/09.
5. CARROLL GARDENS $1,575,000
356 President Street GMAP
This 4,500-square-foot house was listed for $1,820,000 when it got House of the Day treatment last November. Entered into contract on 1/19/09; closed on 3/10/09; deed recorded on 3/18/09.
Photos from Property Shark.
Quiz time, kiddies!
Who is the author of the following statement:
“On [sic] universal truth is MATH! Math does not lie and it’s very very straight forward.”
a) John Nash (schizophrenic subject of ‘A Beautiful Mind’)
b) the What
The Answer, tomorrow!
“By the way Mr. ROTW, there is so few house ever changing hands in Fort Greene, that I don’t think you can say Jonathan (et al) is avoiding listing them.”
Oh yes they are changing hands Dumbass! You see those house do not fit the Mind F*** of Brownstoner. It does not fit withing the Mutant Asset Bubble and guess what?? How many retards can afford these prices?? *** Crickets****, I thought so…
“And, it seems this site does make a point of listing FG houses when they sell if they happen to be on the top sales of the week, which they have I might add.”
On universal truth is MATH! Math does not lie and it’s very very straight forward. If you have declining income, you cannot have rising prices!!!!
The What
Someday these retards are gonna end…
I love it when this Assnut cuts and pastes economic jargon as a pseudo answer for something that he has pulled out of his ass.
It’s like listening to a combination of Ann Coulter, Pat Buchanan, McLaughlin and Homer Simpson all rolled into one.
“And why would China sabotage its biggest market & the place it’s been investing in for a decade?”
Because China knows the US is on life support and will default on it’s Bond obligations. China can to contend will rising unemployment and dwindling resources at home. They will liquidate their holding of US debt as soon we start this Quantitative Easing nonsense.
Quantitative easing
http://en.wikipedia.org/wiki/Quantitative_easing
The term quantitative easing refers to the creation of a pre-determined quantity of new money ‘out of thin air'[1] through open market operations by a central bank as the start of a process to increase the money supply. It can, more simply, be understood as an indirect method of printing money. This new money is injected into the private banking system when the accounts of the vendors of the securities purchased by the central bank through the open market operations are credited.
Creating money when money is already loose (i.e. when the prices of the assets to be purchased are too high, as might occur if quantitative easing is continued too long) or purchasing assets which will lose their value during inflation (e.g. treasury bonds) tends to devalue the currency. Since quantitative easing risks devaluing the currency, quantitative easing has been proposed while currencies are experiencing deflation. Continuing quantitative easing runs the risk of inflation.
Say Buh Bye to your asset prices. Mopar i’m glad you are starting to understand the risks, good for you….
The What (Grape Skittles)
Someday this war is gonna end..
Hey, jackal, if that’s your idea of a joke, it doesn’t augur well for future posts.
The Return of the “What” aside,
I’m so happy for you Coquille! I’m sorry. I should not have written that good deals are dreadful or depressing (I think I’m sounding more and more like my mother or even grandmother–ugh!!!). I’m sure there many good prices on great houses in Bed Stuy right now. In terms of houses nearer in to downtown and more transportation, anything one would call “a deal” is probably going to need a lot of rehabbing.
By the way Mr. ROTW, there is so few house ever changing hands in Fort Greene, that I don’t think you can say Jonathan (et al) is avoiding listing them. And, it seems this site does make a point of listing FG houses when they sell if they happen to be on the top sales of the week, which they have I might add.
Yup, What, you and I are in agreement. Just more of the same! I’m very nervous.
St Jacques, congrats! That’s a beautiful area. Seems this year everyone’s always buying in Bed Stuy or Park Slope.
Don’t expect an answer, parkedslope.