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1. BROOKLYN HEIGHTS $5,000,000
118 Willow Street GMAP (left)
When this 7,200-sf, 2-family brownstone was a House of the Day for the first time, in January ’08, it was listed for $8,000,000. The price was cut a few times and it was asking $6.8 mil when it was an Open House Pick last November. The last price cut brought it down to $5.95 mil in January. Entered into contract on 6/15/09; closed on 8/4/09; deed recorded on 8/13/09.

2. FORT GREENE $2,700,000
53 South Elliott Place GMAP (right)
This 3,600-square-foot one-family was a House of the Day a couple of times, most recently last December, when it was listed for $3,495,000. Entered into contract on 2/9/09; closed on 7/29/09; deed recorded on 8/13/09.

3. PARK SLOPE $1,870,000
106 Park Place GMAP
This 16.67-foot-wide house was a House of the Day and Open House Pick a couple times, most recently in March ’08, when it was asking $2,495,000. The sellers bought it for $1,300,000 in 2006. Entered into contract on 5/1/09; closed on 6/30/09; deed recorded on 8/12/09.

4. South Slope $1,700,000
248 10th Street GMAP
This is a 2,400-square-foot, 2-fam, according to Property Shark. Entered into contract on 5/26/09; closed on 7/28/09; deed recorded on 8/14/09.

5. CLINTON HILL $1,600,000
125 Willoughby Avenue GMAP
When this 2-family was a House of the Day last June, it was listed for $2,100,000. By the time it was an Open House Pick last October, it was asking $1,795,000. The sellers bought it for $1,400,000 in 2005. Entered into contract on 1/7/09; closed on 3/3/09; deed recorded on 8/14/09.

Pics from Property Shark.


What's Your Take? Leave a Comment

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  1. Iz:

    Not only was he 200K off on price, but it was House of the Day on December 22, and it went to contract on February 9th.

    So while the deed register till August, someone bought the property a little over a month after it was highlighted for 200K more than Ironballs said was the absolute high water mark.

  2. “This house will sell next August for 2.5 million if they’re lucky.”

    That means he thought it would sell for 2.5 at the most and it sold for 2.7. How is that a bulls eye?

    200K isn’t exactly chump change.

  3. Here’s how the price per square foot break down for each house in case you’re curious:

    Brooklyn Heights: $694 psf
    Fort Greene: $750 psf
    Park Slope: $556 psf
    South Slope: $708 psf
    Clinton Hill: $444 psf

    I guess condition needs to be taken into account too, and I know the Park Slope place needed a lot of work, but not really sure about the others…

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