Last Week's Biggest Sales
1. GRAVESEND $10,260,000 2111 East 2nd Street GMAP (left) As covered earlier, the trade of this 8,206-square-foot one-family is the biggest sale in Brooklyn this year—at least so far. Entered into contract on 9/16/09; closed on 9/16/09; deed recorded on 9/25/09. 2. BROOKLYN HEIGHTS $2,200,000$4,000,000 160 Henry Street, PH GMAP (right) When this 3,000-square-foot penthouse…
1. GRAVESEND $10,260,000
2111 East 2nd Street GMAP (left)
As covered earlier, the trade of this 8,206-square-foot one-family is the biggest sale in Brooklyn this year—at least so far. Entered into contract on 9/16/09; closed on 9/16/09; deed recorded on 9/25/09.
2. BROOKLYN HEIGHTS $2,200,000$4,000,000
160 Henry Street, PH GMAP (right)
When this 3,000-square-foot penthouse was a Co-op of the Day in March, it was listed for $4.25 million. Closed on 9/21/09; deed recorded on 9/25/09.
3. BROOKLYN HEIGHTS $3,150,000
1 Pierrepont Street, #8A GMAP
Sure, $3 million+ is a pretty penny, but the sale price for this sprawling co-op seems low given the prestige of the building and its asking price. (We’ve got a call into Brown Harris, which brokered the sale, to find out whether there was behind-the-scenes action not reflected in the public records sale price, and we’ll update this if they get back to us.) The 10-room co-op’s been on the market since last year, and the initial ask was $6,250,000, which was later reduced to $5,500,000. The reader widget guess on it clocked in at $4,764,268. Closed on 9/21/09; deed recorded on 9/24/09.
4. PROSPECT HEIGHTS $2,545,625
On Prospect Park, Unit 4F GMAP
This is a 1,090-sf unit in the Meier-designed condo, according to StreetEasy. Entered into contract on 8/13/09; closed on 8/27/09; deed recorded on 9/24/09.
5. PARK SLOPE $1,570,662
520 11th Street GMAP
This South Slope townhouse was originally listed for $2.25 million last year; after not selling, it was taken off the market and re-listed for $1,640,000 this May. Entered into contract on 7/7/09; closed on 8/27/09; deed recorded on 9/23/09.
Photos from Property Shark.
Got it, thanks benson.
Make that “follow-up posts”.
sorry, I was out to lunch. And thanks for the data/research, Benson.
This is about what I was seeing although I think a sale on Sackett was off a bit more.
Anyone else out there want to do research on bldg on your block or bldg you’d be interested it?
Snark;
I answered your two questions in my follow-up e-mails to the data.
Thanks for the data, benson. Two questions:
1) Do you consider this data set large enough to be of any real statistical significance?
2) Do you believe we are at the end of the drop?
My sense from recent sales in my cooperative building in Brooklyn Heights is much like benson’s. Prices are off by maybe 6 to 10%. No off-the-cliff stuff. And the units are selling, though slowly.
Benson, a good buddy of mine lives right next to you in the bldg to the left of yours so super familiar with location when I said your location is good
I live in a brownstone too, 11217, but I’m unequivocal in my love for the way OPP completes the eastern side of Plaza St and the energy it brings to GAP. When I get to be 65 or older I reckon I’ll be pretty thrilled to say goodbye to all the stairs! Btw, the foyer of the building will be a rest stop on the Prospect Heights House Tour, coming up on Sunday October 18.
the crap on 4th ave is terrible location. benson’s bldg is a much better location so heck yeah it makes the 4th ave crap’s pricing super overpriced.