Open House Picks
Windsor Terrace 246 Windsor Place Prudential Douglas Elliman Sunday 12-2pm $1,700,000 GMAP Fort Greene 286 Vanderbilt Avenue Corcoran Sunday 2-4pm $1,695,000 GMAP Clinton Hill Cambridge Place K Corbette Realty Sunday 12-2pm $1,650,000 GMAP Park Slope 274 17th Street Warren Lewis Sunday 2:30-4:30pm $920,000 GMAP Bed Stuy 41 Monroe Street Corcoran Sunday 11am-1pm $799,000 GMAP
Windsor Terrace
246 Windsor Place
Prudential Douglas Elliman
Sunday 12-2pm
$1,700,000
GMAP
Fort Greene
286 Vanderbilt Avenue
Corcoran
Sunday 2-4pm
$1,695,000
GMAP
Clinton Hill
Cambridge Place
K Corbette Realty
Sunday 12-2pm
$1,650,000
GMAP
Park Slope
274 17th Street
Warren Lewis
Sunday 2:30-4:30pm
$920,000
GMAP
Bed Stuy
41 Monroe Street
Corcoran
Sunday 11am-1pm
$799,000
GMAP
That block of 17th street most certainly is not Park Slope. The seller and Warren Lewis should know better than that. Even maps with the most liberal designations of Park Slope’s borders don’t include that block.
274 17th St, Brooklyn, NY is on the other side of the expressway, and that Owner/Real Estate Company had no right to get snippy about the Greenwood Heights designation.
I thought across 15th Street was pushing it for sacred “Park Slope”!
For those of you interested in UK properties, there is now a website – http://www.nethouseprices.com which allow you to input any street address in UK and they will give you the prices each property closed at according to the Land Registry Office. Real estate craze is not limited to these shores.
To anon – exactly right on the purchase price! Look at the deed, check the transfer tax ($2500) and multiply by 250 to get $625,000. (Easier and more accurate than trying to infer from the mortgages.)
And on your other point – it’s fun, and I don’t see much harm in our snooping around for purchase dates and prices. But in the process, I have learned things about my neighbors that are, frankly, none of my business! Foreclosures, tax liens… It is all public information. But I do wonder whether it should be so easily accessible.
Did anyone see the house on Vanderbilt?
I looked at that house when it was for sale in the spring of 2003, and there were things about it that I loved, but the space was divided in such a way that there was practically no rental income. It’s obviously turned over since then & it looks like someone cleaned it up a bit. I can’t remember how much they were asking for it then, but 1.7 seems pretty fair to me now, actually– for the lucky & rare person who can afford it!
BTW, I agree w/ the previous poster about ACRIS: That is fascinating– and frightening– that you can get so much info about other people’s major purchases, and I’m glad that somebody mentioned it here. I didn’t know about it, either.
My curiousity was piqued by the reference to “ACRIS” .. it’s the NYC dept of finance Automated City Register Information System and makes it very easy to find those public records that used to be hard to find. I gotta say I’d be a little freaked to find out that my financial info is so easily viewed by anyone, but having said that, and stating that the below is based soley on a quick look at the ACRIS and I’m not making any claims about its veracity and/or any typos on my part. here’s the info:
There are two mortgages on record for the Windsor Place Building. One is for 320K and is a credit line mortgage, signed 11/4/03, I couldn’t find the interest rate
The 2nd one is for 499,900, signed 02/13/03, an adustable rate mortagage that started at 3.950 annual rate, adjusted monthly (!) to the LIBOR plus 2.650 (Speculative guess: it would be now about 5.7%) that looks like it has an interest only option for 180 payments, which means 15 years to me & you.
More Pure Speculation/guessing:
So, is it possible this property was bought in 2003 for about 625,000 (625K-130K 20% down payment=), renovated with 320,000, and now is being sold for 1.7 million? And now the 800,000 (in profit) dollar question: is it worth 1.7 mil? will it be worth that amount in 3 years ?
If you work in Manhattan, Windsor Terrace is a long commute, as for that matter would be the house on 14th and PPW. Ironically, the commute is much easier from the middle South Slope, ie, 15 or 16 and 5th Ave, but of course the housing stock is not nearly as nice there. I guess the good news is that lower down you can still get something reasonably nice for about $1 million.
The house in Windsor Terrace may be a stretch, but the owner probably put a lot of $$ into it..looks nice. I think WT (at least the part closer to PPW) is undervalued relative to PS. e.g. a house on 14st (bet 8 & PPW would) go for a lot more then one on this block for the same condition.
I got the Greenwood Heights info from my NYC street map book which is more than 5 years old (when we looked at another house on the same street, which BTW overlooks the prospect, but thats another issue)… the map said Greenwood Heights, but it could also be considered to be the start of Sunset Park I suppose if that is what you mean. Definitely is not Park Slope IMHO.