houseBoerum Hill
243 Dean Street
Cobble Heights Realty
Sunday 1-4
$2,595,000
GMAP P*Shark

houseStuyvesant Heights
404 Stuyvesant Avenue
Halstead
Sat 12-2, Sun 12-2
$1,475,000
GMAP P*Shark

houseVictorian Flatbush
2119 Albemarle Terrace
Brown Harris Stevens
Sunday 2-4:30
$1,250,000
GMAP P*Shark

houseBedford Stuyvesant
73 Lexington Avenue
Agent Mike
Sunday 10-1
$919,000
GMAP P*Shark


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  1. The Bed Stuy house is a beauty in a great area. If it’s about 5000sf, that would relate to 295 per sf. Priced at about 245 per sf would be a reasonable buy (I paid that for my home, and believe it was a very good buy for what I got).

  2. 404 Stuyvesant is in the historic district of Stuyvesant Heights. I can’t remember the architect of the building, but he was well know and is the reason houses on this strip of the avenue fetch a higher price than others in the area. In addition, teh square footage on these houses is larger than other housing stock in the area. Of course, this price is still too high.

    5:09 – Don’t be hating Bed-Stuy!

  3. very interesting new data:

    Over the past year, condo inventory levels have exceeded co-op levels as new developments (nearly all condo) continue to enter the housing stock at a steady clip. Residential development permits dropped sharply in 2007 and the expiration of the 421a abatement program on June 30th may choke off the high level of supply entering the market in 2009. So far, the elevated level of demand has kept inventory at modest to low levels.

    The total number of listings has increased 9.9% from the end of December 2007 to the End of January 2008 (yesterday). Inventory tends to rise at the beginning of the year as sellers anticipate the upcoming spring market. The same period in four of the past five years has seen an increase in the number of listings:

    1 Month Change (Dec-Jan)
    2003, +2.3%
    2004, -10.8%
    2005, +16.9%
    2006, +4.2%
    2007, +9.9%

    Clearly condo inventory is higher than it was two years ago, but co-ops are near the six-year monthly low since I began to capture this data. In fact, co-ops are 39.9% below their high in March 2003 (Just as the Iraq War broke out) and condos are 23.5% below their recent high in September 2006. Currently, overall inventory is consistent with levels seen in 2002/2003, which is contrarian to the increase seen in many metro area markets around the country at this time.

  4. The Stuyvesant Heights house is lovely but it is really set up for being a one family. I am want to buy in Stuyvesant Heights area or the prime areas in Bedford Corners. Hancock and Jefferson are streets that I really want to be on if I can’t get into SH… Seems like the prime street homes never go on the market.

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