Sales: Turner Towers Spread Gets Full Asking Price
We thought it looked pretty good at the time and, evidently, so did one buyer (that’s all it takes, after all): The 2,800-square-foot prewar apartment on the 10th floor of 135 Eastern Parkway just closed for the full asking price of $1,700,000, according to StreetEasy. (The ACRIS link is here.) Interestingly, the buyers are moving…
We thought it looked pretty good at the time and, evidently, so did one buyer (that’s all it takes, after all): The 2,800-square-foot prewar apartment on the 10th floor of 135 Eastern Parkway just closed for the full asking price of $1,700,000, according to StreetEasy. (The ACRIS link is here.) Interestingly, the buyers are moving from 1042 Fifth Avenue at 85th Street — in Manhattan! Either that, or someone’s got some very generous parents. That’s the same building where Edgar Bronfman recently sold a $21 million apartment.
Co-op of the Day: 135 Eastern Parkway, #10C [Brownstoner]
135 Eastern Parkway [Stribling] GMAP P*Shark
My friend got hit in the face with a unicorn balloon yesterday on 5th avenue. Coincidence?? I think not…
and you, following, eating what they leave behind.
It’s also totally possible that this hypothetical person will be spotted riding their unicorn in Prospect Park.
it’s probably parents. but it’s far from impossible that a rich buyer is downsizing but still interested in being steps away from major cultural institutions, like parks, museums, libraries, etc. and i find it totally possible that this hypothetical person would pick this renovated prewar on eastern parkway over many PS alternatives, which tend to be new construction and/or unrenovated prewars at this size and price range.
yeah SS, if someone was to move from 5th Ave to Brooklyn they’d go to BH, CH, or maybe PS. Not Eastern Parkway.
I was just saying that maybe there are some people who would be open to it. Of course, many owners of such properties would never consider Brooklyn, but I think that’s changing for some. Who knows…you could live off the proceeds and have a very nice life here in Brooklyn. Makes financial sense for someone looking to scale back his/her life.
You will see in my Miriam post that I had two really hard core Manhattanites out to PS for brunch yesterday. ALL they talked about was how they wanted to move out here…they commented that the men are hotter, the stores were cuter, the people were nicer and that it was greener and prettier.
Even though the economy is in the toilet, it doesn’t change the fact that there are some really spectacular things about Brooklyn, and some people as they tire of Manhattan will consider it more and more, I believe.
It’s the parents, of course. No one moves from 1042 5th to Turner Towers.
I do not disagree with you 7andfive but I was responding to 11217’s first post about a hypothetical sale in Manhattan for 10-20 million and a subsequent purchase for 1-2 million.
Not everyone buying in Brooklyn is selling a place for 10-20 million in Manhattan. Most are selling places for way under 10mil- still a lot of money.
I have friends that sold a place on the UWS for 2.5mil earlier this year. They’re now renting but want to buy in Brooklyn when the market settles. I think they are the typical prime Brooklyn market- people that sold for a lot of money but never had the money in the first place to buy a ridiculously expensive place that would sale for 20mil now.