Last Week's Biggest Sales
1. CARROLL GARDENS $1,858,306 277 President Street, Unit 2 GMAP (left) This 1,911-sf, 2-bedroom in a conversion was listed for $1,825,000 a year ago, according to StreetEasy. Entered into contract on 8/1/08; closed on 7/9/09; deed recorded on 7/20/09. 2. BOROUGH PARK $1,800,000 1818 51st Street GMAP (right) This is a 4,265-sf unit in a…
1. CARROLL GARDENS $1,858,306
277 President Street, Unit 2 GMAP (left)
This 1,911-sf, 2-bedroom in a conversion was listed for $1,825,000 a year ago, according to StreetEasy. Entered into contract on 8/1/08; closed on 7/9/09; deed recorded on 7/20/09.
2. BOROUGH PARK $1,800,000
1818 51st Street GMAP (right)
This is a 4,265-sf unit in a small condo, according to Property Shark. Entered into contract on 5/27/09; closed on 7/8/09; deed recorded on 7/21/09.
3. WINDSOR TERRACE $1,500,000
489 16th Street GMAP
When this was a House of the Day in April, it was asking $1,595,000. The sellers purchased it for $925,000 in 2005 and renovated. Entered into contract on 5/1/09; closed on 7/7/09; deed recorded on 7/20/09.
3. BOROUGH PARK $1,500,000
1448 56th Street GMAP
A 7,424-sf, three-family, according to Property Shark. Entered into contract on 5/14/09; closed on 7/8/09; deed recorded on 7/21/09.
5. VICTORIAN FLATBUSH $1,150,000
1816 Glenwood Road GMAP
This Fiske Terrace abode was a House of the Day in May, when it was listed for $1,300,000. The widget appraisal determined by readers was $1,017,552. Entered into contract on 6/2/09; closed on 7/9/09; deed recorded on 7/22/09.
5. COBBLE HILL $1,150,000
401 Hicks Street, Unit B-6H GMAP
Weird that this sale took so long to be recorded in public records: It’s a unit in the converted church called the Arches. Size unknown. Entered into contract on 3/6/08; closed on 5/8/08; deed recorded on 7/22/09.
Pics from Property Shark.
Where’s BHO amid all of this???
*Bid half Off Peak Comps* and walk away empty handed.
exit strategy? If I lose my screen name be under Loser and if you lose I expect the same. I have not had time to look through yet but I will tonight. 174 Clinton Avenue looks like a win for me
Carroll Gardens condo was product of two townhouses put together for maximum width. High-end condo project. See old Corcoran listing and photos:
http://www.corcoran.com/property/listing.aspx?Region=NYC&listingid=1213024
Most people on this blog aren’t “in” real estate. A lot of the widget guesses are based on “what I’d pay” along w/ somewhat informed opinions of structure & neighborhood. If it does nothing else, it gives a person looking to buy some kind of idea of what to ask about.
ok am SHOCKED by the Carroll Gardends 2BR condo for 1.895mil
um – WHAT?? Also, that it went for more than the asking is amazing!
Ok I was off by 200K on the WT house, am kinda surprised that went close to ask as well
pretty good I would say for sellers!!
That Carroll Garden’s place must be something special to sell for $970/sq. ft.
widget would have been way off on the WT house too I imagine. Looking back at comments many said $1.2 – only 1 said $1.5.
Maybe another reason realtor scoff at Brownstoner….lousy appraisers.
WT pretty impressive. Almost no one got that right, but someone did. Just goes to show that newly reno’d houses command a premium, as there aren’t that many around.
The widget is kind of a fun little game, but it will virtually never be right and pointing out it is wrong isn’t really meaningful. The theory behind a widget type game is that you get the wisdom of crowds. But in order for that to work you need the people in the crowd to be as likely to overestimate than underestimate (like jellybeans in a jar.) A house in this environment with a set asking price does not meet that criteria.