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.
What – in all seriousness, what does all this mean? How does mortgage lending up = $4 gas = China cutting off US investment?
And why would China sabotage its biggest market & the place it’s been investing in for a decade?
come on…. “auguring with retards?” shop class? I thought it was kind of funny. (yes it’s auger, not augur). nobody appreciates my lame attempts at humor.
Lechacal, I agree 100 percent with all the points you posted. So does that make us Team Bear, Bull, or something else?
Parkedslope, prices have dropped 40 percent from the June 2006 peak in subprime areas of New York, such as Bushwick and East New York. They seem to be holding up pretty well in prime areas such as Park Slope and Brooklyn Heights.
How about houses that sold in Bed Stuy, Clinton Hill and Fort Greene?????? Brownstoner has waxed over this little diddy. Where are the sales is these areas???
Hey Adam I see the government is getting ready to open the credit spigots again.
Mortgage Lending to Jump to $2.78 Trillion in 2009 (Update1)
http://www.bloomberg.com/apps/news?pid=20601103&sid=agU1rGf2C700&refer=us
March 24 (Bloomberg) — The Mortgage Bankers Association boosted its forecast for 2009 home-loan originations by $800 billion to $2.78 trillion as a wave of refinancing and low interest rates spur homeowners to seek out new loans.
Get ready for 4.00 gas again and the Chinese telling us to “go fuk” ourselves. You gotta love America…
The What (Tick.. Tick.. Tick..)
Someday this war is gonna end…
True, BrooklynGreene, some of the best deals (and most interesting properties) are in places that might well be next decade’s most interesting neighborhoods, but some are in more conventional areas too. Some people (like our fellow reader 11217 – see last week’s thread on the house on Decatur St) might think the house that my wife and I just closed on in Stuyvesant Heights is in some kind of ghetto, but we are thrilled. We searched hard for well over a year, so we think we’re well informed, and we think we got a very good buy. A good deal does not have to be dreadful or depressing!
Ok- before everyone jumps on me: maybe a “ton” is too strong a word. How about “more than it’s fair share.”
Is it just me or has 8th street seen a ton of sales lately?
Couldn’t stay away. I know the Jersey Phobia, but there are awesome deals this side of the Hudson. Neighborhood is still a little gritty with a mix of artists, yuppies, old-timers, gays, thugs, hipsters, frat-boys, young families.
Lot’s of great properties downtown and lower price points.
But that’s Jersey City for ya….. Cue Jersey Bashing 🙂
I agree StJacques.