Last Week's Biggest Sales
1. PARK SLOPE $2,385,000 505 1st Street GMAP (left) This 4-story, 2-family brownstone was listed for $3,250,000 last December when it was a House of the Day. The price was cut several times until it was asking $2,450,000 before it went into contract, according to StreetEasy. Entered into contract on 8/5/09; closed on 11/16/09; deed…
1. PARK SLOPE $2,385,000
505 1st Street GMAP (left)
This 4-story, 2-family brownstone was listed for $3,250,000 last December when it was a House of the Day. The price was cut several times until it was asking $2,450,000 before it went into contract, according to StreetEasy. Entered into contract on 8/5/09; closed on 11/16/09; deed recorded on 12/17/09.
2. BROOKLYN HEIGHTS $1,825,000
11 Garden Place, #1 GMAP (right)
When this lower level townhouse duplex was a Co-op of the Day in May, it was listed for $2,250,000, and the widget guess on it was $1,658,066. The price was decreased to $1,995,000 in July. Closed on 12/1/09; deed recorded on 12/14/09.
3. DUMBO $1,610,000
100 Jay Street #24A GMAP
This 1,711-sf, 3-bedroom in the J Condo was first listed for $1,850,000 in March and its price was reduced to $1,749,000 in April, per StreetEasy. Its seller purchased the unit for $1,435,000 in ’07. Entered into contract on 9/9/09; closed on 12/3/09; deed recorded on 12/16/09.
4. COBBLE HILL $1,600,000
277 Baltic Street GMAP
This townhouse went for more than it was asking, according to StreetEasy, which says it was listed for $1,495,000 in September. Entered into contract on 10/22/09; closed on 12/4/09; deed recorded on 12/16/09.
5. BATH BEACH $1,500,000
242 Bay 10th Street GMAP
This 4,000-sf house was listed for $1,790,000 in June. Entered into contract on 8/24/09; closed on 11/20/09; deed recorded on 12/18/09.
Photos from Property Shark.
> My point is general as in outside the outliers of LWBS.
Really?
Yesterday you commented the Co-op of the day would not rent for even $1200. When I showed you that a similar – perhaps even inferior – apartment in the same building rented for $1600, you started to dance around the facts: Oh, I bet they didn’t get that rent… Oh, do you really think rents have stopped dropping?…
Thus my conclusion about you: Impervious to facts.
ok folks,
what’s the over/under on 4th quarter GDP?
place your bets.
DIBS – you don’t have a clue about economic growth. The economy is contracting. Those reported numbers are brought to you by the same liars who said “no bubble, no recession, recovery, etc. They are constantly revised downwards.
Benson – I ignore data noise. It’s the overall trend that matters. It wasn’t really advice. It was an observation that I rebutted @ 3:01.
Peace!
***Bid half off peak comps***
“inflexible to conflicting data”
Not conflicting to the data that matters, Legion. May I punch your ticket please?
“no mortgages on them either”
I believe you, DIBS.
***Bid half off peak comps***
You really don’t have much of a clue about the velocity of money, multiplier effect and a lot of other economic phenomenon. Once the economy starts growing (it was +2.2% annualized last quarter), tax revenues will increase dramatically.
BHO;
Sure, you’re a good guy, even though you go off the deep end once in a while with these apocalyptic visions. I think you should heed Legion’s advice above
You and Muffie make this place interesting, that’s for sure!!
.
Swing and a miss, ‘Snark. My point is general as in outside the outliers of LWBS.
I am certainly not impervious to the gargantuan national debt that now shows signs of shrinking after 30 years of soaring. Debt is money. Falling debt means falling RE. That’s factual data.
***Bid half off peak comps***
Yes, BHO…Philadelphia, Bucks County and Provincetown, MA. And no mortgages on them either.
Believe it or not, your rent is likely to go up next year!!!!
BHO,
ditmasnark has a point,
your dogmatic approach, while admirable for it’s tenacity,
is somewhat inflexible to conflicting data.
but that’s ok, that’s what they invented betting for. 😉