Residential Sales in Brooklyn
FORT GREENE $1.35 million 421 Clermont Avenue GMAP 3,288-square-foot, 3-family, 19th century landmark townhouse on a 22-by-100-foot lot. The property last sold for $500,000 in 2003, according to public records. PARK SLOPE $1.05 million 378 12th Street GMAP 1,205-sq.-ft., 2-bedroom, 2-bathnew townhouse condo; eat-in kitchen, oversize windows, h/w floors, washer/dryer, c/a, north and west exposures;…
FORT GREENE $1.35 million
421 Clermont Avenue GMAP
3,288-square-foot, 3-family, 19th century landmark townhouse on a 22-by-100-foot lot. The property last sold for $500,000 in 2003, according to public records.
PARK SLOPE $1.05 million
378 12th Street GMAP
1,205-sq.-ft., 2-bedroom, 2-bathnew townhouse condo; eat-in kitchen, oversize windows, h/w floors, washer/dryer, c/a, north and west exposures; common charges $175; taxes $1,572 (abated); listed at $949,000; on market 19 weeks. Broker: Corcoran Group.
Second item from the New York Times, Residential Sales Around the Region.
Photo of 421 Clermont by Sarah Westcott for Property Shark.
2:10 – Yes and yes.
So maybe they were overpriced, orginally?
This is not an exact science you realize.
If a broker jacks up a studio to 500K, and then it sells for 400K is that considered “prices are coming down” or is that considered the price was ridiculously high to begin with.
1:54 – I have seen several price cuts on beautiful places- really lovely homes. Prices are definitely coming down.
I don’t see prices coming down yet in Park Slope on quality stuff.
The crap, sure.
It’s been like that since way before the credit crisis.
It is crazy to me that people still claim there is no downturn in the market. Listings aren’t selling. Prices are getting slashed on several properties in PS. Things are definitely changing. I personally don’t believe there will be a crash or anything dramatic. But prices are definitely coming down. How much? Probably not too terribly much – maybe 10% max? But still- coming down…
Even though the PS place slipped in before the credit mess, how much, really, would the price have dropped? Maybe to ask. still, you’re talking about buyers with at least 105k in cash on hand at closing, so they probably aren’t a subprime risk.
Also, contrast this to the co-op of the day. Seems like a fair comp, but i guess this isnt’ a walk up.
price on theFG house seems low..
R/C tenants??
Did the FG house sell for 1.3 b/c it’s near Fulton and not Lafayette?
Just for the record regarding the Park Slope property, an 1,188 sq. ft. condo in the unit just above this one sold for $939,000 or $790.40/sq.ft. on 7/30/07. No idea why the other one went so much above asking.