Residential Sales in Brooklyn
BOERUM HILL $1.325 MILLION 482 Warren Street GMAP 3-story brick townhouse; legal 4-family used as a 3-family; primary unit: 3 bedrooms, 2 baths, 2 simplexes w/ 2 bedrooms, 1 bath; 40-by-100-ft. lot; taxes $10,284; listed at $1.3 million; on market 3 weeks. Broker: Nancy McKiernan. BEDFORD-STUYVESANT $395,000 794 DeKalb Avenue GMAP One-bedroom, two-bath duplex loft…
BOERUM HILL $1.325 MILLION
482 Warren Street GMAP
3-story brick townhouse; legal 4-family used as a 3-family; primary unit: 3 bedrooms, 2 baths, 2 simplexes w/ 2 bedrooms, 1 bath; 40-by-100-ft. lot; taxes $10,284; listed at $1.3 million; on market 3 weeks. Broker: Nancy McKiernan.
BEDFORD-STUYVESANT $395,000
794 DeKalb Avenue GMAP
One-bedroom, two-bath duplex loft condo, 1,113 square feet, with double-height vaulted ceilings, mezzanine bedroom with deck, oversized windows, roof deck and security system. Maintenance $264.78. Asking price $395,000, on market six months. Brokers: Alexander Gurevich and Muneef Patankar, Fillmore Real Estate.
First item from the New York Times, Residential Sales Around the Region;
second from the New York Post, Just Sold!.
Photo of 482 Warren by Kate Leonova for Property Shark.
Don’t quite understand the “ouch”. They asked $1.375 mm and got $1,325 – 96% of ask. If a seller doesn’t have a compelling reason to sell (i.e. they want to move or lost a job) they don’t have to. Also, if they don’t like the price they can rent the house out and re-market later.
The Dekalb lofts have been on the market at least as early as Feb. 2006. I recall looking at them then. I liked the lofts but, if i’m not mistaken, the closest train is the G and that’s about 4 or 5 blocks away. Also there were no elevators and that was a problem for me.
http://www.corcoran.com/agents/listings.aspx?Region=NYC&userid=DEKALB&ndevid=110
“Why in god’s name would someone spend 395K for a 1 bedroom in Bed Stuy, when you can get an entire house in the hood for 600-700K.”
Why would you spend an entire 600-700K for even a house in that locale? I guess blind faith in the main stream media and in conflicted interests (i.e. Corcoran). It’s so sad that people don’t see a 25 to 50 percent correction on it’s way, the upper loss limit for fringe areas like Stuy.
“…and security system.”
I love it. Only in a Bed Stuy listing.
Why in god’s name would someone spend 395K for a 1 bedroom in Bed Stuy, when you can get an entire house in the hood for 600-700K.
I know, I know…some people have a limited budget, but it makes no sense.
That part of Bed Stuy sucks.
While no one wants to may higher taxes, would a couple hundred extra $/month in taxes on a $1MM plus building really cause it to sit on the market? I’d guess other factors were at play.
Also, above description is wrong: it’s a 20×40 house on a 20×100 lot (not 40×100 lot)
Taxes on Warren Street are super-high. That may also explain the its languish time.
How long ago were the sales that are listed here? In other words, since most closings take about 3 months, are these about 3 months old as far as when they had an accepted offer on them? Just curious…
The DeKalb place is surrounded by boarded up buildings and vacant lots. It’s a real wasteland part of Bed-Stuy.