Last Week's Biggest Sales
1. BROOKLYN HEIGHTS $2,900,000 84 Joralemon Street GMAP P*Shark This has been a HOTD three times since late 2008. It was first listed at $3,400,000, then $2,975,000, then at $2,850,000 in 2011. We said: “We’re kinda surprised that no one’s snapped this place up yet–it’s very attractive and not particularly expensive for the neighborhood. All…

1. BROOKLYN HEIGHTS $2,900,000
84 Joralemon Street GMAP P*Shark
This has been a HOTD three times since late 2008. It was first listed at $3,400,000, then $2,975,000, then at $2,850,000 in 2011. We said: “We’re kinda surprised that no one’s snapped this place up yet–it’s very attractive and not particularly expensive for the neighborhood. All we can think of is that, at 35 feet, the house is a little on the shallow side.” Entered into contract on 2/17/12; closed on 5/9/12; deed recorded on 5/30/2012.
2. BROOKLYN HEIGHTS $2,475,000
3 Monroe Place GMAP P*Shark
Another multiple HOTD. In 2009 we said: “As lovely a house and great a location as this is, we just don’t see how they end up getting close to the asking price of $3,800,000,” considering it was a three family house. Then in 2011: “The asking price for the 4,360-square-foot house is $3,500,000, not a crazy amount on a per-square-foot basis for Brooklyn Heights.” Entered into contract on 3/19/12; closed on 5/8/12; deed recorded on 5/31/2012.
3. MIDWOOD $2,400,000
1831 Ocean Parkway GMAP P*Shark
A two-family home on a 4,350-square-foot lot. Entered into contract on 5/1/12; closed on 5/24/12; deed recorded on 6/1/2012.
4. CARROLL GARDENS $2,165,000
275 Union Street GMAP P*Shark
No listing for this four-family home. Entered into contract on 11/18/12; closed on 5/10/12; deed recorded on 5/31/2012.
5. BROOKLYN HEIGHTS $1,955,000
360 Furman Street, #1211 GMAP P*Shark
Here’s the listing for this three bed/three bath. Listed as 1,976 square feet. Entered into contract on 3/19/12; closed on 5/10/12; deed recorded on 5/30/2012.
3 Monroe was originally asking $3.995! Calling brownstones half off! The buyer will be rewarded for the risk. Right now the house is a dog because it’s located next to the abandoned rat trap at 1 monroe. But eventually that house will be rebuilt. Then, after some modest work to convert this house to 1 family, it’ll be worth $4.5 million. $1.5 million profit for 2-3 years of carrying. Great deal
so 3 Monroe went for a million under ask? huh.