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1. FORT GREENE $1,925,000
311 Adelphi Street GMAP (left)
This 4-family was listed for $2,050,000 in August, according to StreetEasy. Its listing said it had been extensively renovated. The seller purchased the 2,970-sf townhouse for $980,000 in 2006. Entered into contract on 10/29/09; closed on 11/20/09; deed recorded on 11/25/09.

2. FULTON FERRY $1,500,000
17 Old Fulton Street GMAP (right)
This building, which consists of two floors of commercial space and two floors with apartments, was a House of the Day in December, when it was listed for $2,950,000. Entered into contract on 4/23/09; closed on 8/4/09; deed recorded on 11/25/09.

3. SUNSET PARK $1,260,000
853 56th Street GMAP
This is a 3,198-sf, four-family house, according to Property Shark. Entered into contract on 8/13/09; closed on 11/10/09; deed recorded on 11/25/09.

4. SUNSET PARK $1,122,000
960 47th Street GMAP
This is a 3,640-sf, 4-family, according to Prop Shark. It last sold for $995,500 in 2007. Entered into contract on 8/15/09; closed on 11/6/09; deed recorded on 11/19/09.

5. MILL BASIN $980,000
226 Mayfair Drive North GMAP
This 2,320-sf, single-family house was listed for $1,299,000 in May and the price was reduced to $1,100,000 in June, according to StreetEasy. Entered into contract on 7/17/09; closed on 11/9/09; deed recorded on 11/27/09.

Photos from Property Shark.


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  1. That row of brownstones on Adelphi is very handsome.

    The sale price for a Fort Greene house seems very “strong” to me…but that’s me. Maybe this sale price is actually a discount to what it would have sold for a year and a half ago.

    A decade or two ago our minds would have been absolutely blown by these kind of numbers!…but I guess between inflation, the “mutant asset real estate bubble” and the improvements in Fort Greene, people are very much willing to pay good prices for our area.

    Good.

  2. Gowanus, this has been well covered. Please pay attention. People sell their Upper West Side one bedroom condos for $10 billion, and then they buy six $1 billion houses in Brooklyn Heights (one for the maids) with plenty left over for renovations.

  3. Adelphi house is 3,960 sq. ft, not 2,960. I know a few folks who bought houses that big on nice blocks for 1.8 unrenovated in 2007. So, it maybe that someone really fell in love with the reno.

  4. “Go Fort Greene! That is a pretty big price tag”.
    Ditto that wasder. Our hood is really something these days. Even with the recession and downturn prices here have been really strong.
    Hey dope, thanks for your stats on FG…okay still bearish here but those are some impressive #s especially considering that house faces the school and playground.

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