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1. BROOKLYN HEIGHTS $3,310,000
47 Sidney Place GMAP (left)
When this 2-family was a House of the Day in September ’08, it had just been listed for $5,250,000; by May it was asking $3,600,000. Entered into contract on 10/9/09; closed on 11/9/09; deed recorded on 11/19/09.

2. DUMBO $1,750,000
30 Main Street, #4G GMAP (center)
According to StreetEasy, this 2,556-sf, 3-bed condo in the Sweeney Building was listed for $1,995,000 in July. Entered into contract on 9/9/09; closed on 11/2/09; deed recorded on 11/18/09.

2. BOROUGH PARK $1,750,000
5709 17th Avenue GMAP (right)
This is a 5,200-sf, single-family house, according to Property Shark. Entered into contract on 6/1/09; closed on 11/11/09; deed recorded on 11/19/09.

4. CLINTON HILL $1,555,000
179 St. James Place GMAP
When this 3,200-sf, 2-family was an Open House Pick in February, it was listed for $1,650,000. It last sold for $815,500 in 2005. Entered into contract on 8/15/09; closed on 11/6/09; deed recorded on 11/19/09.

5. BOERUM HILL $1,400,000
150 Bond Street GMAP
As covered last week, this shell of a house was originally listed for $2,495,000 in March ’08. Entered into contract on 9/29/09; closed on 11/6/09; deed recorded on 11/18/09.

Photos from Property Shark.


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  1. I agree with StevieB; only wall street crooks who either cheat like in the case of Galleon and Madoff, or steal from the tax payers like in the case of the TARP bankers, are able to afford nice places in brooklyn.

    47 Sidney place was bought by Matt Luckett, who works for a hedge fund in nyc, Balestra Capital.

  2. LOL, stevie. Thank you. I’ve seen a couple like that lately, but I didn’t want to give you a hard time. What can I tell you? The Pollyanna in me prefers that people spar, debate, even do battle by day, but ultimately call a truce and have a drink together at night.

  3. Whoops! My 5:29 was in response to BrooklynGreene @ 3:36, not slopefarm @ 3:21!

    As for slopefarm,

    “Meanwhile, BHO, we would need four more 16-month stretches like the last 16 months for Case-Schiller to hit half off. You are really in it for the long haul, aren’t you?” – 3:21

    See me @ 12:35 above. Furthermore, the decline, real or otherwise, aint necessarily linear.

    ***Bid half off peak comps***

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