May Was a Huge Month for Park Slope Townhouses
A tipster who watches these things even more closely than we do sent in this list of Park Slope townhouses that went into contract in the month of May. Hot, hot, hot! 1. 591 3rd Street entered contract in May 5, asking $3,495,000. 2. 290 6th Avenue (OHP) entered contract on May 4, asking $2,995,000….

A tipster who watches these things even more closely than we do sent in this list of Park Slope townhouses that went into contract in the month of May. Hot, hot, hot!
1. 591 3rd Street entered contract in May 5, asking $3,495,000.
2. 290 6th Avenue (OHP) entered contract on May 4, asking $2,995,000.
3. 501 4th Street (HOTD) entered contract on May 23, asking $2,800,000.
4. 428 6th Street entered contract on May 23, asking $2,490,000.
5. 233 Garfield Place (HOTD) entered contract on May 8, asking $2,225,000.
6. 425 4th Street (HOTD) entered contract on May 22, asking $2,195,000.
7. 117 Berkeley Place (OHP) entered contract on May 20, asking $1,900,000.
8. 449 Bergen Street (HOTD) entered contract on May 18, asking $1,695,000.
9. 777 Union Street entered contract on May 1, asking $1,400,000.
BK is frigging en feugo.
Miller Samuel reported that 3br condos in manhattan are experiencing big volume. Buns in the oven people!!! They’ve got nowhere to go if they dont want full on suburbia.
1Q median 3br in manhattan was $2.29 mil (co-op) and $2.35 mil (condo). Inventory absorption below the $2/3 mil mark at or below 10 yr avg.
There’s definitely a big group of people in this city who came out of the recession doing very well for themselves, and they all want a house in Brownstone Brooklyn. Interest rates are crazy low right now – I think a lot of people feel that if they can afford it, this is a great time to buy.