Residential Sales in Brooklyn
BROOKLYN HEIGHTS $440,000 150 Joralemon Street GMAP 1-bedroom, 1 1/2-bath, 800-sq.-ft. co-op in a prewar building; elevator; renovated kitchen and baths, west exposure; laundry and party room in building; maintenance $1,301, 53% tax deductible; listed at $455,000, 4 weeks on market. Brokers: Brooklyn Heights Real Estate; Prudential Douglas Elliman. Photo by Scott Bintner for Property…

BROOKLYN HEIGHTS $440,000
150 Joralemon Street GMAP
1-bedroom, 1 1/2-bath, 800-sq.-ft. co-op in a prewar building; elevator; renovated kitchen and baths, west exposure; laundry and party room in building; maintenance $1,301, 53% tax deductible; listed at $455,000, 4 weeks on market. Brokers: Brooklyn Heights Real Estate; Prudential Douglas Elliman. Photo by Scott Bintner for Property Shark.
WILLIAMSBURG $950,000
65-101 North Third Street (Mill Building) GMAP
1-bedroom, 1-bath, 1,786-sq.-ft. condo in a renovated prewar factory building; part-time doormen; dining area, eat-in kitchen, high ceilings, marble bath, home office; common roof deck in building; common charge $836; taxes $3,816; listed at $950,000, 1 year on market. Brokers: Corcoran Group Brooklyn; Developers Group.
Items from the print edition of yesterday’s New York Times.
That building on Joralemon has insanely high maintenance, which is why the purchase price is relatively low. Before the market went crazy people could not give those apartments away.
For $1300 a month maintenance, that Brooklyn Heights building’s “party room” better be fully pre-stocked with cocaine at all times…