Last Week's Biggest Sales
1. BAY RIDGE $2,100,000 7601 Narrows Avenue GMAP (left) This single-family last sold for $999,999 in 2005, according to Property Shark. The house first hit the market in September, priced at $2,900,000, according to StreetEasy; it was asking $2.5 million by the time it was an Open House Pick in January. Entered into contract on…
1. BAY RIDGE $2,100,000
7601 Narrows Avenue GMAP (left)
This single-family last sold for $999,999 in 2005, according to Property Shark. The house first hit the market in September, priced at $2,900,000, according to StreetEasy; it was asking $2.5 million by the time it was an Open House Pick in January. Entered into contract on 4/20/09; closed on 5/29/09; deed recorded on 6/4/09.
2. BOERUM HILL $1,715,000
203 Dean Street GMAP (right)
This 3,600-sf house hadn’t changed hands in 40 years, according to its listing: “This handsome and detail filled Boerum Hill brownstone is ready for your creative and sensative (sic) updating…it has all the details you want in a Landmarked townhome: dramatic parlour arch, elaborate plaster molding along with crown moldings and medallions, built-in cabinetry, 11 foot high parlour ceilings…” Entered into contract on 5/29/09; closed on 5/29/09; deed recorded on 6/3/09.
3. PARK SLOPE $1,595,000
506 10th Street GMAP
This 2,052-sf, two-family brownstone was evidently priced to sell: It hit the market in early February asking $1,595,000, according to StreetEasy, and was in contract within a couple weeks. Listing had this to say: “Exquisitely renovated, architect-designed 3 story, 1 family (legal 2 family) brownstone. This light-filled home has many restored details including plaster moldings, marble mantel, pocket doors and walnut stair rail, all of which blend seamlessly with the modern bathrooms and kitchen design.” Entered into contract on 2/13/09; closed on 5/28/09; deed recorded on 6/4/09.
4. GREENPOINT $1,320,000
21 Greenpoint Avenue GMAP
A 3,300-sf, two-family, according to PropShark. Entered into contract on 12/19/08; closed on 5/28/09; deed recorded on 6/5/09.
5. FORT GREENE $1,300,000
249 Carlton Avenue GMAP
This 3,330-square-foot brownstone was a House of the Day in February, when it was listed for $1.5 million. Listing said it needed TLC. Entered into contract on 4/10/09; closed on 5/28/09; deed recorded on 6/5/09.
7601 Narrows photo from StreetEasy; 203 Dean photo from Property Shark.
My knees often hurt
We really should sell our house
To a young couple
joe_the_bummer: All i worry about is collecting rent. Selling homes is for people who have no education.
sixyearsandcounting : Okay buddy.
“If i sat and worried about my use of the english language while i type”
Sebb, most of us don’t exactly have to think really hard when using the English language, and it doesn’t take any additional time to string together a sentence without typos.
sebb, you need to tweak your reasoning to be a more successful broker in 2009. you make money on volume. lose the logic of “higher price = higher commission”. the way to sell houses is to put intense pressure on the sellers to come down, not on the buyers to come up. realtors should switch sides and start panicking the sellers to create some momentum here. “sell now or be locked in forever”.
lechacal: Maybe i am wrong but i don’t see the price decline of 15% you talk of. Not in Cobble hill, Carroll Gardens, North slope ,BH and Bklyn Heights.
Where are you getting these numbers from?
40 2nd place just sold for 2 mill it is 16 ‘ wide.
22 strong place over 2 mill
277 president st 1.375 condo
275 president 1.6 condo
i have plenty more.
Brownstones Half Off: You keep mentioning Case-shiller, the index does not factor in Multi family or condos-Coops.
How is this relivant to NYC real estate?
Sebb, when I was telling people last fall (say, 15% ago) that it was a bad time to buy, you objected in the strongest possible terms. You used some colorful langauge. It was very clear that your recommendation was just the opposite of mine.
The people who listened to you have 25% of their down payment left (20% down payment, 15% drop), and that’s being generous. The Sebb portfolio is down 75%.
You were just flat out wrong, in every possible sense of the word. QED.
joe_the_bummer: If i sat and worried about my use of the english language while i type and complete my workout i would never have made any money in this lifetime.
You should stop listening to people like MM and buy a home.
renting in the long term is for suckers .
DH there aren’t many or any really nice stretches of Greenpoint Avenue. It’s right around the corner of what some consider the most desirable section I guess (Franklin Avenue and Historical District). I guess it would be considered extremely desirable if they ever build those parks on the waterfront as they planned. It’s still allot of scratch though.