Residential Sales in Brooklyn
PROSPECT PARK SOUTH $1,175,000 169 Westminster Road GMAP 108-year-old, 6-bedroom wood colonial; elevator to 2nd floor, 2-room office on 3rd floor, breakfast nook, family room, hardwood floors, 4-car garage, 50-by-100-foot lot; taxes $3,679; listed at $1,250,000. Broker: Mary Kay Gallagher. Residential Sales in the Region [NY Times] House of the Day: 169 Westminster Road [Brownstoner]…

PROSPECT PARK SOUTH $1,175,000
169 Westminster Road GMAP
108-year-old, 6-bedroom wood colonial; elevator to 2nd floor, 2-room office on 3rd floor, breakfast nook, family room, hardwood floors, 4-car garage, 50-by-100-foot lot; taxes $3,679; listed at $1,250,000. Broker: Mary Kay Gallagher.
Residential Sales in the Region [NY Times]
House of the Day: 169 Westminster Road [Brownstoner]
169 Westminster Road [Mary Kay Gallagher]
FORT GREENE $955,000
21 South Portland Avenue GMAP
Two-bedroom, 1,170-square-foot co-op on the parlor floor of an Italianate brownstone. Original moldings, shutters, parquet floor and pier mirror. Listed at $948,000. Three weeks on the market. Broker: HouseByWe.
Co-op of the Day: 21 South Portland (Revisited) [Brownstoner]
Co-op of the Day: 21 South Portland Avenue [Brownstoner]
BOREUM HILL $545,000
422 Atlantic Avenue GMAP
800-square-foot 1-bedroom, 1-bath top-floor condo in a 3-unit brick building. Apartment has a wood burning fireplace, 2 skylights and a 400-square-foot private deck. Maintenance $615; 50 percent tax deductible. Listed at $595,000; on market 3 weeks. Brokers: Linda VanderWoude, Halstead Brooklyn; Warburg Realty.
DUMBO $480,000
100 Jay Street GMAP
528-square-foot alcove studio with custom kitchens in Dumbo’s tallest condo tower. Amenities include 24/7 doorman, gym, yoga room, and roof deck. Common charges $324. Listed at $480,000; on market 1 week. Brokers: Judy Ferrigno, Halstead Property; Corcoran.
Photo of 169 Westminster Road by Kate Leonova for PropertyShark
I’m the original poster.
I wasn’t trying to say prices will go up forever or every place listed on Stoner is a bargain waiting to be snapped up.
My only point was that if you are going to yell and scream that every place listed on Stoner is an overpriced joke — you know who you are! — then step up to the plate and admit it when you are wrong.
It doesn’t mean the buyers are right to plunk down whatever they paid.
It just means you don’t know the market the way you think you do — so think twice before putting in your bogus two cents next time.
it wasn’t highlighted…just talked about.
never heard of housebywe brokerage.
Where is the listing for the Berkeley Place townhouse that sold for 3.4 million? I keep reading references to it, but I can’t find it in the Brownstoner archives? What company was offering it?
i don’t need that explained to me but thanks, 12:07.
i do not want prices to go up forever, nor do i think they should.
i do, however think that property in brooklyn was severely undervalued until a couple years ago.
somebody please explain to 11:57 that because somebody WANTS something doesn’t mean the price will continue to go up forever. There is a difference between (1) wanting something and (2) being willing to pay a certain asking price for that something.
Not trying to spin the apocolypse now thesis… Just saying that there is definitely a downward pressure on pricing… Great properties in old brownstones will hold up well even in the most dire of situations… The 39 active sales listings that overlook 4th avenue in the NOVO – not so much
so what? recessions are a normal part of any economy.
it still doesn’t mean that prime areas in one of the world’s greatest cities will ever be a bargain.
the point is…the apocolypse now theories out there are absurd. what’s happening now is normal and should have happened. it does not change the fact that park slope and ft. greene are amazing neighborhoods where people want to live.
this entire thing has been spun by the media to sell more copy.
To suggest that the current credit crunch will not have some effect on pricing in the near term is ludicrous. The cost of home ownership has risen 8 to 10% in the span of about 3 months, this is for people with good credit AND can put 20% down… The idea that this is “just going to blow over” doesn’t seem to be playing out either. I work in debt capital markets in the energy sector, and everyone is spooked. I suspect there will be some layoffs on wall street beginning soon. Starting in the mortgage arena, but there will be ripple effects into other sectors. Hopefully, it is just short-lived, but there is the possibility of a recession…
um…these were friends talking to me out of friendship. not trying to sell anything. and they did not say the same for other neighborhoods…in fact said that places like bed stuy and windsor terrace were definitely seeing less activity.