Last Week's Biggest Sales
1. BROOKLYN HEIGHTS $3,050,000 45 State Street GMAP (left) This house was purchased by a developer a few years ago and then marketed for $4,250,000 in ’08; by the time it was an Open House Pick this May, it was listed for $3,900,000. Entered into contract on 6/25/09; closed on 8/20/09; deed recorded on 9/1/09….
1. BROOKLYN HEIGHTS $3,050,000
45 State Street GMAP (left)
This house was purchased by a developer a few years ago and then marketed for $4,250,000 in ’08; by the time it was an Open House Pick this May, it was listed for $3,900,000. Entered into contract on 6/25/09; closed on 8/20/09; deed recorded on 9/1/09.
2. PROSPECT HEIGHTS $2,300,000
On Prospect Park, Unit 10E GMAP (right)
This is an 1,825-sf, 3-bedroom unit in the Meier-designed condo, according to StreetEasy. Entered into contract on 12/17/07; closed on 8/27/09; deed recorded on 9/4/09.
3. BOERUM HILL $1,800,000
291 State Street GMAP
This four-story brownstone was a House of the Day twice: First in November ’08, when it was listed for $2,250,000, and then in January ’09, when the price had come down a touch, to $2,100,000. Entered into contract on 6/11/09; closed on 8/27/09; deed recorded on 9/2/09.
4. CARROLL GARDENS $1,690,000
6 3rd Street GMAP
The last ask on this 4-story townhouse was $1,895,000 late last year, according to StreetEasy. Entered into contract on 5/8/09; closed on 7/24/09; deed recorded on 9/4/09.
5. GOWANUS $1,650,500
162 Douglass Street GMAP
This renovated townhouse was listed for $1,825,000 in April, according to StreetEasy. Entered into contract on 6/22/09; closed on 8/20/09; deed recorded on 9/2/09.
State Street pic from StateandHicks.
And my point M4L is that people do it all over Manhattan and it’s a non issue. Within a couple block radius in Chelsea there are projects and then apartments which cost 5 million dollars right next door.
People in Brooklyn are such pathetic whiners sometimes.
That same Gowanus house would cost a million dollars more to be farther away from the projects. I’m not sure exactly how much more of a discount you want on a 4000 sf nice home like that. This seems about what homes in Gowanus sell for…the last couple on Wyckoff (sandwiched between 2 projects) both sold for more than anyone here predicted.
The brownstoner bunch is a rare one and not necessarily the voice of all of Brooklyn. Thank GOD!
I think that houses that show in excellent condition will exact high prices. Douglass Street was just such a house — you only need one buyer to meet that price. Those projects aren’t really all that bad. Much worse for this house is that it is kind of a haul to the trains (except for the F maybe). I also have heard mixed feelings about PS 32.
In terms of collapse vs. strength of high end market, I think this week’s sales are a good mark that we are looking at 2005/2006 prices for the fall season, which is not bad news for sellers (if the house is in good condition and shows ok).
11217: Great point.
11217, it’s one thing to live across, next, near,… projects and another to pay 1.7M to do so – think that was brownlime’s point.
“Could someone explain?”
Some of us have chosen to live in NYC precisely because it is one of the most diverse cities on the planet, where rich live side by side with poor, white with black, etc etc.
And then I guess there are those who don’t like the diversity, but live here anyway and wish they could erect a wall around their disneyfied bubble they choose to live in.
You are aware that there are projects all over Manhattan…Chelsea, Lower East Side, Upper West Side, Hell’s Kitchen….all within spitting distance of multi-million dollar apartments, correct…?
Bklyn14 wrote: “Carroll Gardens + Gowanus on fire….gotta be COUGAR related”
What is “COUGAR”?
Regarding the Douglass Street home… I don’t understand.
Why would anyone pay that much to live across the street from PJs (projects)? Could someone explain?
Carroll Gardens + Gowanus on fire….gotta be COUGAR related
“when you could get a mint brownstone anywhere in Brooklyn or a comparable apartment in Tribeca or Soho for that kind of price today.”
Agree about the brownstone, but you really can not get a comparable (to On Prospect Park) in Tribeca or Soho for less than $2000 psf. The name of the architect does indeed matter in this instance, even if you don’t personally like the building.