Last Week's Biggest Sales
1. BROOKLYN HEIGHTS $3,895,000 80 State Street GMAP (left) This 4,550-sf, 2-family was first listed for $4,950,000 in late 2008, according to StreetEasy, and the price was cut a number of times until it was asking $3,895,000 last September. Ad said: “Rare opportunity to own a 25-foot-wide Gothic Revival 1850’s Brooklyn Heights townhouse with original…

1. BROOKLYN HEIGHTS $3,895,000
80 State Street GMAP (left)
This 4,550-sf, 2-family was first listed for $4,950,000 in late 2008, according to StreetEasy, and the price was cut a number of times until it was asking $3,895,000 last September. Ad said: “Rare opportunity to own a 25-foot-wide Gothic Revival 1850’s Brooklyn Heights townhouse with original details intact. Grand double parlor with exquisite moldings and original pocket doors, three wood-burning fireplaces, and rooms flooded with superb Southern-facing light…” Its seller bought it for $3,300,000 in 2005. Entered into contract on 10/1/09; closed on 1/5/10; deed recorded on 1/27/10.
2. COBBLE HILL $3,200,000
243 Kane Street GMAP (right)
As covered last week, this renovated townhouse was originally asking $2,950,000 in ’07, but the price was raised to $4,075,000 in mid-’08. As it lingered on the market, the price was reduced several times until it was last asking $3,500,000 as of mid-’09. Its seller bought it for $1,802,000 in 2007. Entered into contract on 1/15/10; closed on 1/15/10; deed recorded on 1/28/10.
3. BROOKLYN HEIGHTS $2,995,000
20 Grace Court Alley GMAP
As previously noted this 2,550-square-foot brick house was originally asking $3,300,000 and the widget appraisal came in at $2,766,135. Its sellers bought it for $2,675,000 in ’05. Entered into contract on 11/17/09; closed on 1/15/10; deed recorded on 1/28/10.
4. PARK SLOPE $2,125,000
524 2nd Street GMAP
When this 2-family was a House of the Day in October, it was listed for $2,375,000. The reader widget guess on it was $1,952,045. Entered into contract on 11/5/09; closed on 1/11/10; deed recorded on 1/26/10.
5. FORT GREENE $1,870,000
119 Fort Greene Place GMAP
When this brownstone was a House of the Day in November, it was listed for $1,995,000. The reader widget appraisal clocked in at $1,615,042. Entered into contract on 11/25/09; closed on 1/7/10; deed recorded on 1/27/10.
Photos from PropShark.
come on people, this thread is for the NYC rich. if you aint rich, you shouldn’t be shopping for these houses in these hoods.
I am holding out hope of seeing some so-so 3 story park slope house show up on the <$1M thread.
to hedge, I’ve been more active buying mega million tickets each wk
Except for the Cobble Hill place, all of these went into contract back in November….none of these sales had anything to do with bonuses.
If you are hoping to buy a home in Brooklyn, now (or this year) would probably be the time, since prices just fell 30% over the last year.
Please don’t blame those who are encouraged by a recovering housing and financial market (which would be a GOOD thing for the country right now).
Some of you bears never seemed to grasp the fact that NYC (and yes that includes Brooklyn) was still going to be an expensive place to live after the crash.
What I’m saying is that there is nothing wrong with being encouraged by our economy getting its footing again. Whether you (or I) can afford a 3 million dollar home or not, isn’t really the point at hand.
Definitely a high price for Ft. Greene, especially south of Fulton.
Post my last comment of that thread, 11217. I was wrong by 10 percentage points.
Nice ripe and juicy cherries. Let’s make pie!
***Bid half off peak comps***
BREAKING!!!
***Bid peak comps and a half***
Here’s was BHO’s comment regarding Ft. Greene. Not even close…
“The widget might get this one. $1.535M at comment press time. That’s gotta be -25% peak comps, no?”
“Pretty encouraging, no?”
Not if you’re a non-zillionaire hoping to buy a home in Brooklyn any time soon.
can we just agree that fha is not the only factor.