Last Week's Biggest Sales
1. BOERUM HILL $2,800,000 28 Butler Street GMAP (left) According to StreetEasy, by the time this 3,000-sf, 2-family townhouse was listed in June—for $3.2 million—it was already in contract. It was last purchased for $950,000 in 2007. (Presumably the sellers renovated.) Entered into contract on 6/2/09; closed on 9/3/09; deed recorded on 9/17/09. 2. PARK…
1. BOERUM HILL $2,800,000
28 Butler Street GMAP (left)
According to StreetEasy, by the time this 3,000-sf, 2-family townhouse was listed in June—for $3.2 million—it was already in contract. It was last purchased for $950,000 in 2007. (Presumably the sellers renovated.) Entered into contract on 6/2/09; closed on 9/3/09; deed recorded on 9/17/09.
2. PARK SLOPE $2,200,000
213 Berkeley Place GMAP (right)
When this four-story brownstone was a House of the Day in April, it was listed for $2.475 million. The reader widget guessed it would ultimately sell for $1,984,668. Entered into contract on 7/23/09; closed on 8/28/09; deed recorded on 9/15/09.
3. PARK SLOPE $1,300,000
90 8th Avenue, #6B GMAP
This 1,860-sf, 3-bedroom co-op was listed for $1,395,000 in June, according to StreetEasy. Closed on 8/25/09; deed recorded on 9/14/09.
4. MILL BASIN $1,275,000
130 Whitman Drive GMAP
This is a 3,220-sf single-family, according to Property Shark. Entered into contract on 9/10/09; closed on 9/10/09; deed recorded on 9/16/09.
5. PARK SLOPE $1,250,500
133 Sterling Place, #4G GMAP
This 3-bedroom unit in the Vermeil condo was originally listed for $1.99 million in early 2007, according to StreetEasy. Entered into contract on 6/25/09; closed on 9/4/09; deed recorded on 9/14/09.
Photos from Property Shark
Two 1 bedrooms in the building next to mine rented for less than 1500 this summer. One for 1450 and another for 1495. Nice apartments, but the bedroom in each is quite small…enough for a bed and dresser basically…
Prices fell quite a bit, but only briefly it seems. They are back up and yes Snark…now studios in my are around 1500 and they aren’t always great, even at that price.
They go as high as around 1800 or 2000, as I did see one listed on my block recently for 1850. For a STUDIO!
Makes my mortgage payment of 1200 pretty easy to swallow.
Mr. Brown, we all know it’s not a stock. There is always only one buyer–we know that. The widget discrepancy is a function of the RE mood, and especially of the mood of the most fervent posters on this site.
As for MM, she dishes as much as she gets. And her logic was always anecdotal and specious.
forget the boundaries. that place may not be boerum hill (who cares), but it is 1.5 short blocks from, horror, public housing projects. did the idiots not even take a walk around the block. bought without visiting? what is going on???
pbk, same answer as last week. but i’d be happy to describe units and dates and percentages…
One bedroom apartments in Fort Greene are well over $1500/mth, often at or above $1800/mth so Mr. 11217, where in Park Slope might someone had a one-bedroom on the rental market for $1500? Maybe you saw one of those come-on ads on Craig’s List. Sometimes, as I’m sure you’re aware, brokers list semi or totally fake super-bargains to get you to call them.
BTW, I was commenting on the Open Thread about the odd movie locations RV and the activity going on on Lafayette. There’s no film crew but there are various people milling around on cell phones…and then a nanny brought a baby to the intersection and one of the seemingly important young women went off with her…I assume it was her baby in the stroller.
I could swear that one of the women is the pretty brunette actress on Sex and the City–the one with the goofy character. I can’t remember her name. What’s going on around here (ForT Green)? Is it the new Burbank?
Hhh…
antidope…. I did see a recent sale listed at 675 (or something like that) Sackett – that newish bldg between 4th and 5th…that was definitely lower than past couple years.
A 1290 sq ft place. So I now have 1 example of drop in price. Any other addresses I can research?
(and how come neighborhood boundary police didn’t jump all over that Butler street called Boerum Hill?)
> 1 bedrooms which had dropped as low as 1500 in the North Slope
Really? When I was looking in June, even studios in the North Slope at that price point were small and crappy. Perhaps there was a serious bottoming of the renta market in July-September.
quote:
Those are just my very non scientific numbers from helping lots of people move and always looking at listings… 11217
i just want to flat out state this here and now. you are single-handedly RUINING park slope
*rob*
CJ Morris,
I don’t know if that explanation was comforting or hair-raising! Thanks though. I guess you’re saying we’re in for more declines…H’mm…but then Brooklyn won’t get hit as badly? My G*d, what’s the country going to be like over the next couple of years? Basically a depression or just a big drop in rents and home sales?
i think the widget will do better in the future.
early widgeting reflected rampant pessimism. in apr/may/jun, widget priced on average 20+% off ask. lately it’s been 17%.
sept vintage could come in within 5% with continued market stability.
to me, this has served as a reminder of the power of psychology in matters previously considered purely financial or economic.