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1.BROOKLYN HEIGHTS $2,701,000
161 Hicks Street GMAP (left)
This 2,816-sf, 2-family was first listed for $3,500,000 last September, according to StreetEasy. By the time it was an Open House Pick in March, it was asking $2,950,000. The house last sold for $2,125,000 in 2003, according to Property Shark. Entered into contract on 5/1/09; closed on 6/4/09; deed recorded on 6/17/09.

2. BROOKLYN HEIGHTS $1,425,000
62 Joralemon Street, Unit 3 GMAP (right)
This 3-bed, 2-bath co-op was first listed for $1,995,000 last July, says StreetEasy. The price was reduced a couple of times, until it was asking $1,600,000 in November. The maintenance is $1,624. Entered into contract on 3/17/09; closed on 6/11/09; deed recorded on 6/16/09.

3. DUMBO $1,282,200
31 Washington Street, Unit 14 GMAP
Listing history/size of unit unkown. Average sale price in the condo is $1,531,000, according to StreetEasy. Entered into contract on 7/1/08; closed on 7/17/08; deed recorded on 6/18/09.

4. BAY RIDGE $1,110,000
637 Ovington Avenue GMAP
This 2-family brick house was listed for $1,250,000. Entered into contract on 3/26/09; closed on 5/15/09; deed recorded on 6/15/09.

5. PARK SLOPE $1,100,000
350 2nd Street, Unit 6F GMAP
A 1,700-sf, 3-bedroom, duplex condo, according to its listing. Entered into contract on 3/24/09; closed on 6/12/09; deed recorded on 6/18/09.

Photos from Property Shark.


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  1. bkbornandbred: perhaps everyone’s left this thread, but there are other 3BR condo options in 321, for example:

    http://realestate.nytimes.com/sales/detail/253-NS90512228/usa/2B(040(BB173(A6-A7)))–1098-00-loc/3-beds/0-99000000-price/PRICE-HIGH-sort/120-p/3187-953412–253-NS90512228–2942-BL20225–46-1087625–44-1301758–1001-1682–354-3057–56-1024373–44-1514144–2942-BL20312-ls/160-t

    FYI, this place came on the market pre-crash for $1.1+ and is now asking $879K. There are certainly others like this. Not huge, but efficient. And I’m sure you can get a big discount off even reduced ask, given how long it’s been on market. There are bigger 3BRs out there, esp if you widen your search to PS107/39/10, and although I would not call the prices great right now, they are starting to have price cuts indicating that at least some sellers are letting reality begin to sink in…

  2. bkbornandbred: perhaps everyone’s left this thread, but there are other 3BR condo options in 321, for example:

    http://realestate.nytimes.com/sales/detail/253-NS90512228/usa/2B(040(BB173(A6-A7)))–1098-00-loc/3-beds/0-99000000-price/PRICE-HIGH-sort/120-p/3187-953412–253-NS90512228–2942-BL20225–46-1087625–44-1301758–1001-1682–354-3057–56-1024373–44-1514144–2942-BL20312-ls/160-t

    FYI, this place came on the market pre-crash for $1.1+ and is now asking $879K. There are certainly others like this. Not huge, but efficient. And I’m sure you can get a big discount off even reduced ask, given how long it’s been on market. There are bigger 3BRs out there, esp if you widen your search to PS107/39/10, and although I would not call the prices great right now, they are starting to have price cuts indicating that at least some sellers are letting reality begin to sink in…

  3. “Maybe it was an identical unit that I looked at back in the day that was asking around $1.5”

    Yep, there was another identical unit for sale in 2008 at the $1.5 point although by the time I saw it, it was in the $1.3 range. The other unit had some nice built-ins and a brighter feel to it that I liked better. All these units have ginormous master bedroom closets. On the unit I saw, the owners had already built the 800 sf deck on the roof and it was really wonderful. Quiet and oasis-like. It even had a sink! I don’t know if it sold, or what it sold for.

    A few months ago, I was at a party in one of these duplexes, and they are absolutely fantastic for entertaining. And this party was in winter, so we didn’t even get to use the outdoor space!

    We decided against, but since I know a person in one of these I won’t badmouth them. To be clear, it wasn’t anything “bad” that made us decide against–just not the right fit for our needs.

  4. lechacal, good luck with whatever you end up deciding in terms of where to set up shop. as has been said many times before, its a confusing time to buy since no one knows what anything is worth. so i completely understand your perspective.

    11217, I haven’t seen that. looks nice though. i’ve been looking at real estate in park slope for the past year, mostly 2 and some 3 bedrooms with either outdoor space, or a newer development in the same primary zone lechacal was talking about. it’s been fun looking but haven’t seen anything worth committing to yet. after a year though, i’m beginning to wonder if my expectations are too high. anyway, thanks for the suggestion.

  5. ID: With all this development, that seems like a fair “rule”. However, whether they are allowed to or not, believe me when I tell ya that when you walk into a place with offspring in-tow, they cannot get “321” out of their mouths quick enough. I know, *SHOCKING* that brokers would do something they weren’t supposed to.

    11217: This listing cracks me up…I’ve seen it on StreetEasy listed with, seriously, 4 different brokers. All listings have to same pics and not one has a floor plan or listed sq. footage. Very suspect.

    Oh well, guess I’ll just have to wait until the people selling at the Ansonia Muse come back from Planet WTF.
    Or this dude:
    http://www.streeteasy.com/nyc/sale/429576-coop-135-prospect-park-west-apt-54-park-slope-brooklyn

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