Last Week's Biggest Sales
1. MILL BASIN $2,850,000 2235 East 66th Street GMAP (left) According to a listing, this house is 12,096 (!) square feet and was asking $5 million. Entered into contract on 9/22/09; closed on 9/22/09; deed recorded on 10/21/09. 2. PARK SLOPE $2,400,000 178 8th Avenue GMAP (right) When this single-family was a House of the…
1. MILL BASIN $2,850,000
2235 East 66th Street GMAP (left)
According to a listing, this house is 12,096 (!) square feet and was asking $5 million. Entered into contract on 9/22/09; closed on 9/22/09; deed recorded on 10/21/09.
2. PARK SLOPE $2,400,000
178 8th Avenue GMAP (right)
When this single-family was a House of the Day in May, it was listed for $2,995,000. The reader widget guesstimate for its selling price, $2,382,103, was pretty close to the mark. Entered into contract on 8/11/09; closed on 10/14/09; deed recorded on 10/21/09.
3. PARK SLOPE $1,975,000
458 2nd Street GMAP
This 4-story townhouse was listed for $2,235,000 in April, according to StreetEasy. Entered into contract on 9/15/09; closed on 10/6/09; deed recorded on 10/19/09.
4. MANHATTAN BEACH $1,700,000
118 Hastings Street GMAP
A 3,908-sf, 2-family, according to Property Shark. Entered into contract on 12/22/08; closed on 8/11/09; deed recorded on 10/23/09.
5. PROSPECT PARK SOUTH $1,600,000
1306 Albemarle Road GMAP
This sprawling Victorian Flatbush beauty was on the market for a long time. The 15-room manse was a House of the Day in September ’07, when it was listed for $2,595,000. By the time it was an Open House Pick this May, the price was down to $1,895,000. While the house sold for quite a bit less than it was initially asking, this still has to be one of the biggest sales ever in Prospect Park South. Entered into contract on 7/10/09; closed on 10/15/09; deed recorded on 10/23/09.
8th Avenue photo from Property Shark; Mill Basin photo from Realtor.com.
>> Oct. 26 (Bloomberg) — Senate leaders are negotiating to extend and gradually reduce an $8,000 tax credit for first-time homebuyers through 2010,
Again, not a meaningful sum for park slope houses even if extended. Besides, there is going to be a gradual phase out of the tax credit through the year. To get the max deduction of $8,000, you needed to close by April 2010.
Thanks, Aishling. At least that house has some style, if an aesthetically unappetizing one.
Oct. 26 (Bloomberg) — Senate leaders are negotiating to extend and gradually reduce an $8,000 tax credit for first-time homebuyers through 2010, Senator Bill Nelson of Florida said.
“We should be able to extend that later this week,†Nelson, a Democrat, told reporters traveling today with President Barack Obama on Air Force One to a speech in Jacksonville, Florida.
“How does the addition on the left not match the rest of the house?!”
Joe, I was thinking the same thing. It also doesn’t appear to be quite symmetrical with its counterpart on the right side of the half – it seems just a bit bigger.
DitmasSnark, good point!
I love it when perma bulls selectively trot out these statistics to try to make a weak point. LOL!
> $8,000 in credit is not meaningfully large compared to homes worth millions.
Nor would you likely be eligible because of the income restrictions on the tax credit.
11217, nation-wide home prices were bolstered by the $8,000 tax credit extended to “first-time” home buyers. If there is by implication a correlation to home prices in nyc or park slope, there isn’t and shouldn’t because the $8,000 in credit is not meaningfully large compared to homes worth millions.
How does the addition on the left not match the rest of the house?! Is it that hard to match the bricks on your F’in 4 (!) garages! Talk about building from the inside out. I defend South B to the death but this house is just too hard to defend. This gets my Staten Island ethnic-ghetto fabulous award for the week!
i think one would either have to be a complete moron or just have unlimited amounts of money to buy any of these properties.
*rob*