Last Week's Biggest Sales
1.BROOKLYN HEIGHTS $2,900,000 72 Hicks Street GMAP (left) As covered last week, the 25-foot, wood-frame house was first listed for $4,995,000 and was asking $3,750,000 when it was a House of the Day last November. Entered into contract on 3/20/09; closed on 5/14/09; deed recorded on 5/28/09. 2. MIDWOOD $2,085,376 1189 Ocean Parkway, Unit 4B…
1.BROOKLYN HEIGHTS $2,900,000
72 Hicks Street GMAP (left)
As covered last week, the 25-foot, wood-frame house was first listed for $4,995,000 and was asking $3,750,000 when it was a House of the Day last November. Entered into contract on 3/20/09; closed on 5/14/09; deed recorded on 5/28/09.
2. MIDWOOD $2,085,376
1189 Ocean Parkway, Unit 4B GMAP (right)
This is the third big closing in this 13-unit Midwood condo in as many weeks. Size of units unknown, but a fun fact from StreetEasy is that the average sales price in the building is $1,904,000. Entered into contract on 7/26/07; closed on 5/6/09; deed recorded on 5/26/09.
3. FORT GREENE $1,720,000
31 South Oxford Street GMAP
This 3,360-sf, two-family was asking $1,969,000 when it was an Open House Pick last August. Entered into contract on 10/15/08; closed on 5/19/09; deed recorded on 5/28/09.
4. COLUMBIA STREET WATERFRONT DISTRICT $1,295,000
132 Degraw Street GMAP
This 3,300-sf, four-family was asking $1,325,000 when it was on the market last summer. Entered into contract on 10/14/08; closed on 5/19/09; deed recorded on 5/28/09.
5. COLUMBIA STREET WATERFRONT DISTRICT $1,200,000
136 Degraw Street GMAP
Same sellers as for 132 Degraw. The four-family was asking $1,325,000 when it was on the market last summer, according to StreetEasy. Entered into contract on 11/24/08; closed on 4/28/09; deed recorded on 5/28/09.
5. PARK SLOPE $1,200,000
133 Sterling Place, Unit 4F GMAP
A 1,711-sf, 3-bedroom in The Vermeil condo, according to StreetEasy. It was first listed for $1,650,000 in early ’07. Sale included a parking spot. Entered into contract on 4/3/09; closed on 5/18/09; deed recorded on 5/28/09.
1189 Ocean Parkway photo from EveryScape; 72 Hicks photo from Property Shark.
g10, if you have to sell to me then the market bottom is here or just passed it. I’m like the vulture circling in the sky so if I’m flying down, it’s bad news.
M4L – did you come look at my house 😉
as someone selling way under the 1.5mil reach – many of these houses are sitting for months!
LOTS of interest low to no triggers
More4less:
There are tons more below 1.5 million…it seems that quite a few properties have gone to contract in the last month or so. Not surprising since it’s prime selling season.
I only linked these because it seemed as though the high end was nearly dead for the winter, but was just curious to see some of the 3 million ones go to contract lately.
As for the under 1.5 million, just go to streeteasy, plug in the zip code you want to look at and click on sales and you’ll see which ones have gone to contract so far…
I’m not sure I understand the question, Joe…
Do you mean, why the large price difference? For one…many of the high priced Meier units were bought during the height of the bubble and have only recently closed.
Vermeil priced their units WAY too high from the get go and probably scared a lot of people away. They’ve just been sitting there on the market and as has been discussed here before, the developer seems to really be cutting corners if the outside area of the building is any representation of the inside. The sidewalks all around the building are STILL totally broken, cracked, the lighting fixtures outside are all busted, etc etc. Those may seem like minor issues, but they aren’t when you’re spending so much on what is supposed to be a new apartment. The exterior itself does look pretty well done, but the details have been neglected bigtime.
You also have to factor in the starchitect factor in the Meier building…
11217, did you spot any ppties that’s within reach of the more common folks (ie south of 1.5M)?
these uber nice ones you mentioned are for the very very deep pocket buyers who are driven more by need than necessarily affordability. I’m assuming more of us on the blog are not that rich hence action on ppties south of 1.5M is more relevant. So in other words, please post another if you spot one south of 1.5M
Ha, yes Biff. Now I recall that too.
You know what…I don’t even mind that hot pink stairway. (No jokes, please).
I wouldn’t want it in my home necessarily, but it doesn’t look half bad in that photo to me.
I think it’ll be really interesting to see what all these “close” for…
how do you reconcile 700/foot vermeil with 1100/ft in the meieir building? don’t get it.
interesting – I remember we all commented on that property b/c of the abuse of pink!
seems many of the higher priced properties that came on in the fall have gone into contract – good sign
This is my last one…I promise! Also went to contract on May 13th….
http://www.streeteasy.com/nyc/sale/394787-multi-516-8th-street-park-slope-brooklyn