Last Week's Biggest Sales
We’re pretty sure this is the first time in the year+ we’ve been doing the biggest sales roundup that any of the properties are below the million mark. 1. CLINTON HILL $1,042,500 42 Downing Street GMAP (left) This 2-family hit the market last September, asking $1,525,000, according to StreetEasy. The price was reduced several times,…
We’re pretty sure this is the first time in the year+ we’ve been doing the biggest sales roundup that any of the properties are below the million mark.
1. CLINTON HILL $1,042,500
42 Downing Street GMAP (left)
This 2-family hit the market last September, asking $1,525,000, according to StreetEasy. The price was reduced several times, and the last ask was $1,225,000. According to its listing, it’s a “handsome four story 18′ brownstone, filled with original detail and character. An opportunity for someone to restore this historic home.” Entered into contract on 2/10/09; closed on 4/22/09; deed recorded on 4/30/09.
2. WINDSOR TERRACE $974,000
35 East 3rd Street GMAP (right)
This 1,456-sf, single-family house hit the market in October, listed at $1,100,000, according to StreetEasy. The price was reduced to $999,000 within a couple weeks. Listing said: “Beautiful 1899 frame house is located on quiet, tree-lined street and ready to move in. This charming 2-story house with finished basement offers easy and comfortable living.” Entered into contract on 1/18/09; closed on 3/19/09; deed recorded on 5/1/09.
3. SHEEPSHEAD BAY $955,000
1230 Avenue V GMAP
This is a 2,400-sf, two-family brick house, according to Property Shark. Entered into contract on 9/16/08; closed on 4/23/09; deed recorded on 4/30/09.
4. SOUTH SLOPE $950,000
270 11th Street GMAP
When this 2,068 -sf, three-family was an Open House Pick last October, it was asking $1,125,000. Entered into contract on 12/22/08; closed on 4/24/09; deed recorded on 4/30/09.
5. BENSONHURST $925,000
1652 80th Street GMAP
A 3,280-sf, four-family, according to Property Shark. Entered into contract on 1/2/09; closed on 3/30/09; deed recorded on 5/1/09.
Photos from Property Shark.
no matter how cheap the prices here – per Ms Muff’s comment they other day – (” who would want to live on Sackett St”) –
doubt she would even drive down these blocks.
Surprised the $2m sale at 40 2nd Place that was in sunday’s NYTimes list of sales didn’t show up.
Major price reduction on that from initial aggressive pricing – the less than 16′ wide house did sell for $657 sq ft.
“We’re pretty sure this is the first time in the year+ we’ve been doing the biggest sales roundup that any of the properties are below the million mark.”
DOWN GOES BROOKLYN!!! DOWN GOES BROOKLYN!!!
***Bid half off peak comps***
“Are you going to come out and say you think this is wrong or are you going to try to put some rather melodramatic words in my mouth and hope they stick?”
Medic!!! Man down in Jersey!!!
***Bid half off peak comps***
18′ w/ aerodynamic roof on non-brown-street-sign Downing? This is how you get got. Out in Brooklyn late market flashing all of your UWS rocks.
***Bid half off peak comps***
down payment. sorry.
I’m just saying that the market is what is. There’s an ask and a bid. It reflects the present situation and is forward-looking. Making the claim with anecdotal evidence that there’s shadow inventory that is not reflected in today’s prices is, well, not exactly scientific.
There’s already an enormous glut of condo inventory, and condos are thus getting killed. There is not a glut brownstones in good neighborhoods. If the stock market remains positive (I don’t happen to think it will), then I don’t think you’re going to see that much more downward pressure on brownstones.
Of course, if things fall apart again, all bets are off.
dibs, what’s a dp?
Ghetto money managers are not interested in most slimy bodega employees.
And guess what, I’m sinking another $20,000+ this week into the facade of that money pit asset I bought in the ghetto. Money you can only dream of accumulationg as a DP.
yes