Last Week's Biggest Sales
1. MIDWOOD $2,150,000 1189 Ocean Parkway, Unit 7A GMAP (left) No listings for this new condo turned up via the usual channels. According to DOB records, it got its TCO at the end of March. It has 13 units and was designed by Bricolage. Entered into contract on 3/1/06; closed on 4/29/09; deed recorded on…
1. MIDWOOD $2,150,000
1189 Ocean Parkway, Unit 7A GMAP (left)
No listings for this new condo turned up via the usual channels. According to DOB records, it got its TCO at the end of March. It has 13 units and was designed by Bricolage. Entered into contract on 3/1/06; closed on 4/29/09; deed recorded on 5/13/09.
2. FORT GREENE $1,895,000
204 Adelphi Street GMAP (right)
This two-family house was featured in the Times in February, when it was asking $1,890,000. Its listing had the following to say: “This home is configured as an owner’s triplex with 4 bedrooms and 2.5 baths and a garden level 2 bedroom, 1 bath apartment, making it total 6 bedrooms and 3.5 baths.” It last sold for $965,000 in 2002, according to PropShark. Entered into contract on 2/26/09; closed on 5/7/09; deed recorded on 5/15/09.
3. MIDWOOD $1,778,400
1189 Ocean Parkway, Unit 3B GMAP
Same buyers involved in this week’s biggest sale also closed on another unit in the Midwood condo. Entered into contract on 9/13/06; closed on 4/29/09; deed recorded on 5/12/09.
4. CARROLL GARDENS $1,680,112
277 President Street, Unit 3B GMAP
One of the buyers in this condo conversion has been blogging about their purchase. The developer bought the brownstone for a hair above $2 million early last year. Entered into contract on 4/30/09; closed on 4/30/09; deed recorded on 5/13/09.
5. BOROUGH PARK $1,550,000
1026 41st Street GMAP
This is a 2,244-sf, new construction house, according to Property Shark. Entered into contract on 3/31/08; closed on 4/23/09; deed recorded on 5/15/09.
1189 Ocean Parkway photo from EveryScape; 204 Adelphi photo from Property Shark.
“the large number of Mexican immigrants is that they save a lot of money and are more likely to be buyers before comparable American residents moving here”
I done heard it all now.
***Bid half off peak comps***
iceberg, orthodox communities always handle sales “inhouse”. they have a local real estate agency but they don’t usually list on MLS or sell outside of the community. It’s pretty typical. My friend was looking to buy a house recently in Midwood (Avenue M and Ocean PKWY area) and the broker wouldn’t even take her time to show him houses until someone from the community called her and told her that he was “OK” and he can be shown homes. I guess that’s why real estate prices are holding in the are as well.
The new condo building on Ocean Parkway and Avenue L is known as the Bristol, but as mentioned its not listed with any online brokerage; I think they are handling sales inhouse.
quote:
“new york city is the center of the universe”
do people really believe that non sense!?!? granted i hardly ever leave new york city but even i dont think that. what a ridiculous notion.
*rob*
I think the clinical term is inertia or possibly stupidity…I don’t know! Goodness gracious! But no, I haven’t been talking for *that long*. I don’t think most people necessarily make these decisions at the drop of a hat…of course some do…but I’m (we’re) not those kind of people.
And yes, Robert, it could use a paint job…but then the whole house (that we apparently bought for a pittance…whatever that is!) could use a paint job!
I’m very scared of capital gains tax. Yikes! Keeps me up at night worrying! Who cares! Feh!
But all that Lucent stock that went from $80 to $1 didn’t help either. 🙂
Anyway, if you must know, Ms. Muppet, not everything is “stocks/bonds/IRA, etc”! Sure the house “is extra”…but *I’m genuinely curious*, why would you might perceive and then characterize our selling our house for possibly below current market rate (i.e. I mentioned one-point-something-or-other…I’m very willing to make the offer attractive to “get it done” as they say…especially considering the “current climate”) as a “need to make a huge profit…”
Look Kid, we’ve put in our time and money. I’m sure adjusted for inflation, the profit is not “huge”. I’m not sure it can even be called “profit”. Isn’t it the difference between the purchase price, investments along the way, all those damned “carrying costs”, the interest on the mortgage (not mentioning all the headaches), all adjusted for inflation factored in with the eventual sale price that would be better termed “appreciation”? Or is “profit” a better term from you view point?
I’ve have to find out from “our guy” what the sale price should be to take all of the above into account and factor in inflation. We might be very surprised that the so-called “profit” might not be so huge. Who knows…
🙂
Miss Muffett : If price is a problem then people should go and buy in Port St lucie FL. It’s simple NYC is a first rate city, the center of the universe, Prices should be highest in NYC. Not anywhere else .
Do you not understand this?
Price, sebb, price.
hmmm okay points well taken kensingtonian 🙂
*rob*
tybur6: What is it that you dont get? The condo’s are across from carroll Park and the School your kids would go to is the desired PS 58. So you would save 30k a year From pre K to 5th by not sending the kids to the Spence school or Packer. That is 210k right there.
What’s the problem?