Last Week's Biggest Sales
1. PARK SLOPE $2,150,000 632 3rd Street Street GMAP (left) This 4,152-sf, 2-family was listed for $2,995,000 last October when it was a House of the Day. The price was dropped to $2,495,000 last December. Entered into contract on 9/16/09; closed on 12/3/09; deed recorded on 12/13/09. 2. MILL BASIN $2,050,000 2406 National Drive GMAP…
1. PARK SLOPE $2,150,000
632 3rd Street Street GMAP (left)
This 4,152-sf, 2-family was listed for $2,995,000 last October when it was a House of the Day. The price was dropped to $2,495,000 last December. Entered into contract on 9/16/09; closed on 12/3/09; deed recorded on 12/13/09.
2. MILL BASIN $2,050,000
2406 National Drive GMAP (right)
This is a 3,048-sf, single-family house, according to Property Shark. Entered into contract on 8/11/09; closed on 11/20/09; deed recorded on 12/8/09.
3. PARK SLOPE $2,038,000
448 6th Street GMAP
When this brownstone was first a House of the Day in October ’08, it was listed for $2,825,000; by the time it was a House of the Day a second time this summer, the price had been dropped to $2,149,000. The appraisal widget clocked in at $1,819,650. It was asking $2,099,000 before it went into contract. Entered into contract on 9/21/09; closed on 12/7/09; deed recorded on 12/10/09.
4. MIDWOOD $1,750,000
1441 East 8th Street GMAP
This is a 1,386-sf, single-family house, according to Property Shark. Entered into contract on 9/17/09; closed on 11/19/09; deed recorded on 12/7/09.
5. BRIGHTON BEACH $1,500,000
70 Oceana Drive West, #PH2C GMAP
This 2,200-sf penthouse was a FSBO that was first listed for $2,500,000. Entered into contract on 6/1/09; closed on 11/20/09; deed recorded on 12/7/09.
Photos from Property Shark.
> No inventory in brownstone Brooklyn, Pete.
Wait until after the holidays, kids.
Posted by: DitmasSnark at December 15, 2009 12:37 PM
Seems I’ve been hearing this broken record for 2 years now!!!
mm- you make me wonder sometimes. if you’re a serious buyer tracking everything in the market (as you’ve repeatedly stated), then surely you use streeteasy among your many tools, no? and you’ve been through at least one re transaction previously, so you must be a little disingenuous in asking that question. as you well know, one walks before one runs. first you list, then you hook a buyer on a contract then you wait for the legal/title/bank work to get done then you close. as your alter-ego pointed out a few days ago, contracts are veritable eggs that have not yet officially hatched so we don’t know the price tags unless you’re in the transaction until they’re closed and recorded in acris.
MM,
I don’t if we know that yet, but when you see that many of the homes antidope just listed went from for sale to in contract in the span of 2 months (except Prospect Avenue), wouldn’t you assume that got a pretty decent price?
Yes antidope, but what were the prices they sold for?
I’ll be interested to see what 607 2nd Street sold for…
non-hotd, autumn activity in a streeteasy search of 11215
1. 543A 6 ave relisted 9/9/09; contract 11/10/09
2. 366 5 st repriced down 6% 10/23/09; contract 12/2/09
3. 580 prospect ave list 1.35 6/25/09; contract 12/10/09
4. 607 2 st list 2.8 9/17/09; contract 11/08/09
5. 376 11 st list 1.65 9/11/09; contract 11/04/09
this was result of a limited five minute search.
BedStuy11216,
Antidope might have more concrete figures, but what I’m seeing is that houses which were selling at peak for 3 – 3.2 million are now selling around 2.8 or so and the ones which probably would have sold for 2.6 – 2.8 are now selling for 2 – 2.2 or so.
And then there are the smaller homes which were probably fetching around 2 million during the peak, which now seem to be averaging around 1.5 – 1.7 or so. Just my own observations from looking at a lot of listings.
Agree that the 3rd street price is encouraging. I didn’t think it would go over the 2 million mark when it was first listed… maybe things are perking up slightly.
“i see prices levelling off. top is off the market but i dont see prices lower today than 6 months ago”
This is what I’m seeing as well. The amount of contract activity lately is very noticeable, as you say. Especially since we are at what is typically low season. As I mentioned, I walked by Brown Harris Stevens recently and nearly their entire wall of listings on the Union Street side of the building went from “for sale” to “in contract” within a month’s time.