Last Week's Biggest Sales
1. HOMECREST $3,000,000 1771 East 9th Street GMAP (left) This is a 5,138-sf, single-family, according to Property Shark. Entered into contract on 11/2/09; closed on 12/29/09; deed recorded on 1/14/10. 2. BROOKLYN HEIGHTS $2,325,000 169 State Street GMAP (right) When this 3,540-sf two-family was a House of the Day in May, it was listed for…
1. HOMECREST $3,000,000
1771 East 9th Street GMAP (left)
This is a 5,138-sf, single-family, according to Property Shark. Entered into contract on 11/2/09; closed on 12/29/09; deed recorded on 1/14/10.
2. BROOKLYN HEIGHTS $2,325,000
169 State Street GMAP (right)
When this 3,540-sf two-family was a House of the Day in May, it was listed for $2,995,000. Its asking price was reduced to $2,495,000 in September. Entered into contract on 11/1/09; closed on 1/6/10; deed recorded on 1/15/10.
3. BROOKLYN HEIGHTS $2,133,233
360 Furman Street #519 GMAP
This is a 2,295-square-foot, 4-bedroom unit in One Brooklyn Bridge Park, according to StreetEasy. The condo was first listed for $2,725,000 in ’07. Sale included a parking spot. Entered into contract on 10/28/09; closed on 12/29/09; deed recorded on 1/15/10.
4. FORT GREENE $1,900,000
98 South Oxford Street GMAP
This wood-frame was listed for $1,995,000 in September, according to StreetEasy. Entered into contract on 10/28/09; closed on 1/12/10; deed recorded on 1/15/10.
5. COBBLE HILL $1,750,000
29 Tiffany Place, PH4 GMAP
This is a 2,500-sf condo with a private terrace, according to its listing. Its seller purchased it for $1,375,000 in 2005. Entered into contract on 10/29/09; closed on 12/29/09; deed recorded on 1/14/10.
Photos from Property Shark.
impressive. impressive.
Ty??? So, should there be a law that you cannot buy a 5,000 sq ft house unless you have 10 children?
It’s none of our business what someone else wants to do with 5000 sq ft as long as they’re not impinging on our rights.
Not that there aren’t irritatingly ostentatious people all over the place, but they get to do what they want with their money just like the rest of us. And I’d be careful making that assumption in the first place. We have no idea why this house was bought.
ML —
The one right next to the movie theatre is 171 State, which I think was taken off the market after being listed for just under $2.9M. I think it was also in slightly better condition, but I could be be getting them confused.
Big numbers
Is that an addition on the left of the 9th Street house, or is it smashed against another home?
What the ‘eff would you do with 5,000 square feet?! I grew up in a house with 7 kids and two adults and we probably had a total of less than 4,000 sq feet. Everyone had their own room (small kid rooms), a master bedroom with en suite and huge living room, common areas etc. In other words, it was far more than adequate for all those people.
The State Street house is the one right next to the multiplex. I went to the open house. The house is narrow but the interiors are really really charming. It needs a good deal of work though including new kitchens and bathrooms so the sale price seems pretty good given the condition and the fact it abuts the theater.
The sad thing is that the three houses directly across the street are rent stabilized and worth less than 800k. So basically, rent stabilization killed 1.5M per house, or about 15k in property/MTA taxes per year.
Got to love the politicians.
“Its seller purchased it for $1,375,000 in 2005.”
2009 sales price: $1,750,000.
So they made $375,000 in 4 years.
Better than the interest on your ING orange savings account in 4 years?