Last Week's Biggest Sales
1. PARK SLOPE $3,150,000 615 Third Street GMAP (left) When this 4,552-square-foot brick and limestone two-family was a House of the Day in February, it was asking $3.8 million; the price was cut to $3.4 mil the next month. The house, which was built by an architect for himself in 1899, last sold for $2,850,000…

1. PARK SLOPE $3,150,000
615 Third Street GMAP (left)
When this 4,552-square-foot brick and limestone two-family was a House of the Day in February, it was asking $3.8 million; the price was cut to $3.4 mil the next month. The house, which was built by an architect for himself in 1899, last sold for $2,850,000 in mid-2006. Entered into contract on 4/21/09; closed on 5/28/09; deed recorded on 6/10/09.
2. FORT GREENE $2,250,000
316 Cumberland Street GMAP (right)
House o’ the Day writeup on this in April, when it was listed for $2,295,000, went as follows: “316 Cumberland Street has a huge parlor floor to die for, with intricate plaster ceilings and an extension that houses the modern kitchen. The house has also been upgraded recently with all new systems and windows as well. It’s being used as a one-family but the ground-floor can easily be converted to a rentable apartment. All this sounds great but it will be interesting to see if it can pull off a price that’s similar to some of the nicer homes currently on the market in Park Slope.” Question answered. Entered into contract on 5/7/09; closed on 6/1/09; deed recorded on 6/12/09.
3. GRAVESEND $1,890,500
1927 East 1st Street GMAP
This is a 1,440-sf, two-family house, according to Property Shark. Entered into contract on 5/19/09; closed on 6/1/09; deed recorded on 6/10/09.
4. BAY RIDGE $1,300,000
135 86th Street GMAP
A 4,923-sf, three-family, according to PropShark. Entered into contract on 3/10/09; closed on 6/4/09; deed recorded on 6/10/09.
5. MIDWOOD $1,200,000
462 East 27th Street GMAP
A 2,385-square-foot, two-family house, says Property Shark. Entered into contract on 4/24/09; closed on 5/27/09; deed recorded on 6/10/09.
Photos from Property Shark.
Oh and good luck Noki, be brave, it can be frustrating and terrifying but is also SO EXCITING to be in your shoes right now. Keep your nerve, and don’t get scared — if your instincts tell you something is right, it’s right. I was there three years ago and when I got handed the keys to our house right before closing, the agent said “shouldn’t you be happy or at least smiling right now? you look like you’ve just seeen a ghost.” I told him, “I am happy, but I guess it’s in a different way. When you make a huge decision like this, your happiness builds over a long period of time — but starts out as just PURE FEAR!”
I am paraphrasing of course. But anyway, it’s a great time in your life, I hope you enjoy it!
have tons of money, can over pay. Have little stash, have to wait. have little stash but greedy expectation, keep on dreaming.
Iz:
Did you miss this today?
http://fort-greene.blogs.nytimes.com/2009/06/15/the-week-in-crime-a-rape-and-two-park-robberies/
DIBS, I totally missed that zinger! AWESOME.
Noki, thanks for the insight on that house. It put a tiny dent in my drool.
But you mentioned the whitman houses. Is it just me or is that housing complex a pretty tame example of the big bad brooklyn projects? I only ask cause I hang out in front of them on a daily and nightly basis as a dog owner (walking in and out of FG park north and south at all hours of the day and night) and it seems like a pretty old established community with tons of regular folks, kids, etc. . . . Kinda noisy on the weekends due to families picnicking but never any trouble with gangs, crazed teenagers or drug dealers. Can someone correct me with some horrific statistics or recent experiences?
“I am saying when you buy something on Margin like a house”
Now there’s a new line from one of the semi-financially-literate Team Bear members!!!!!
Brickoven, I assume an outlier is an “exception” (see my comment) to the norm. As in this definition of outlier: “A value far from most others in a set of data”.
And there’s already plenty of models at those bars. Not so much the gang wars. Are you in wisconsin?
Here are a couple other high priced properties which have very recently gone to contract:
http://www.bhsbrooklyn.com/detail.asp?id=1002646
http://www.bhsbrooklyn.com/detail.asp?id=992516
Nokilissa: Have you looked at this one yet…?
http://www.bhsbrooklyn.com/detail.asp?id=1003873
The price has been cut, and it’s starting to look like a good deal to me…
Iz, I can’t speak for everyone surely, but as someone who is looking at homes in Ft. Greene and the North Slope, I can tell you that the house on Washington Place is sitting because it is overpriced, is not in nearly the condition of the house on Cumberland (or that gem of a house that sold for 3mill back in March of 2008 on Adelphi) is broken up, and is located, to put it gently, a half block away from an enormous housing project. The one that just sold at 2.25 is on one of the prettiest and most convenient blocks in Ft. Greene – in our estimation – and about 20 steps from a subway entrance and a nice park with a playground.
I also think those of you who are dismissing this as indicating nothing important in the “higher end” market are kidding yourselves. These were two surprisingly high and quick sales which will be watched and definitely used for comps by buyers, sellers and agents alike.