Last Week's Biggest Sales
1. FORT GREENE $2,395,000 49 South Portland Avenue GMAP (left) This house sold quickly, and for more than its asking price: The large 2-family was listed for $2,200,000 in late May, according to StreetEasy. Entered into contract on 6/25/09; closed on 8/21/09; deed recorded on 9/11/09. 2. COBBLE HILL $2,225,000 132 Pacific Street GMAP (right)…
1. FORT GREENE $2,395,000
49 South Portland Avenue GMAP (left)
This house sold quickly, and for more than its asking price: The large 2-family was listed for $2,200,000 in late May, according to StreetEasy. Entered into contract on 6/25/09; closed on 8/21/09; deed recorded on 9/11/09.
2. COBBLE HILL $2,225,000
132 Pacific Street GMAP (right)
This 3,350-sf, 2-family was asking $2.75 million. Entered into contract on 6/12/09; closed on 8/14/09; deed recorded on 9/10/09.
3. BROOKLYN HEIGHTS $2,000,000
9 Pierrepont Street, #2 GMAP
It looks like this sale is probably of the large lower duplex that was a Co-op of the Day a couple of times, most recently this June, when the price had been dropped from $2.95 million (that was in April ’08) to $2,335,000. Closed on 9/8/09; deed recorded on 9/11/09.
4. CARROLL GARDENS $1,750,000
277 President Street, #1B GMAP
This 2,235-sf, 3-bedroom condo was first listed for $2,195,000 last July and was asking $1,849,000 by this March, according to StreetEasy. Entered into contract on 5/12/09; closed on 8/31/09; deed recorded on 9/8/09.
5. CARROLL GARDENS $1,745,500
355 Degraw Street GMAP
This 2-family townhouse was first listed for $1.95 million in March, according to StreetEasy. The price was cut to $1,875,000 in May. The house last sold for $1.36 million in 2004. Entered into contract on 6/19/09; closed on 8/19/09; deed recorded on 9/9/09.
Photos from Property Shark
I represent “many sellers”? I guess that’s nice. I wouldn’t mind selling and have been talking about it for ages. But, yes, for now, we’re not “pressured” into a forced sale.
which supports the point that many sellers a) may not achieve top dollar, but b) will not be pressured into a forced sale.
Although, I should qualify that. We are part of the old(er) guard so we have what the young(er) guard calls “a lot of equity”. Still…we would probably sold for more eighteen months ago.
Well, I have to say, I’m not so scared about selling with prices like these!
the trend in prices is down across the board, I dont see anything good about these sales. i hope we have hit a bottom but I have a bad feeling we have not
yes it is public record, but one thing this website has taught me is that a lot of people active in bk real estate don’t really pay much attention to the actual numbers!!!
i have a lot of friends still over there and would not want to post about ONE building that has shown decreases. even if i believe it is no different than all other condos, until everyone starts posting about all condos it becomes the one target.
i will hunt for numbers on some other condos though. I really don’t think it will be hard to find comparable data.
so – what is the address antidope? all this is public record.Don’t need to hide it.
Anti and Slope – The answer would be to not include the asking price. If I am selling a sweater and ask how much you think I might get for it, Anti might guess its worth $20 and Slope might guess $40. The “wisdom” would put the price at $30. The minute I tell you I will sell to the first guy who gives me $25 for it, is Slope still going to guess $40? No. His opinion of its worth hasn’t changed, but he has be cued into the fact that his guess is too high and he naturally adjusts. There is no other side to that right now. So saying that the widget means that people who are bearish are more incorrectly bearish than the bulls are bullish is not a fair conclusion.
PBK-
perhaps nobody wants to show you the data in their own building bc they think it will weaken the building or potentially affect future sales?
i will say generically that i know of multiple (4) resales in one newish condo in prime park slope that sold 10-15% off peak comp sale in building, but that peak comp was from mid 2007. making an adjustment for subsequent year of market appreciation, i get to 20%. One of the sales didn’t require the hoops, it sold 20% off 01/08 price.