Residential Sales in Brooklyn
EAST FLATBUSH $630,000 3317 Glenwood Road GMAP Two-family detached Victorian on a 40-foot-by-100-foot lot, with a four-bedroom, one-bath duplex unit with living room over a three-bedroom, one-bath with living room; features high ceilings, full finished basement and back yard. Asking price $649,000, on market four months. Broker: Charles Dalessandro, Fillmore Real Estate. BROOKLYN HEIGHTS $397,000…
EAST FLATBUSH $630,000
3317 Glenwood Road GMAP
Two-family detached Victorian on a 40-foot-by-100-foot lot, with a four-bedroom, one-bath duplex unit with living room over a three-bedroom, one-bath with living room; features high ceilings, full finished basement and back yard. Asking price $649,000, on market four months. Broker: Charles Dalessandro, Fillmore Real Estate.
BROOKLYN HEIGHTS $397,000
111 Hicks Street GMAP
Prewar one-bedroom, one-bath co-op, 750 square feet, with galley kitchen, dining area, hardwood floors, three double-closets, a walk-in closet and views of the harbor and Statue of Liberty; the St. George Tower is a pet-friendly, full-service building featuring elevator, common roof deck, laundry room, storage and health club with swimming pool. Maintenance $1,232, 50 percent tax-deductible. Asking price $399,000, on market four months. Brokers: Donald Boyd and Robert T. Frye, Brooklyn Heights Real Estate, and Naomi Rogin, The Corcoran Group.
KENSINGTON $300,000
135 Ocean Parkway (Caton Towers) GMAP
1-bedroom, 1-bath, 800-sq.-ft. co-op in a postwar building; 24-hr. doormen; dining area, renovated kitchen and bath, hardwood floors, east exposure, Prospect Park view; terrace; laundry and bike room in building; maintenance $758, 50% tax deductible; listed at $309,000, 9 weeks on market. Broker: Brooklyn Heights Real Estate.
First two items from the New York Post, Just Sold!; third item from the print edition of today’s Times.
Photo of 3317 Glenwood Road by Nicholas Strini for Property Shark.
As someone who is looking in the area, why would your agent tell you to stay away from 111 Hicks? Was it the high maintenance alone? Because I guess that can change as the underlying mortgage is paid off, right? Or was there something else? I looked at other units in other buildings with similar square footage and similar maintenance and while it’s high, I think that tends to be reflected in the buying/selling price.
I’ve read a number of other negative comments about 111 Hicks and I just wonder where those are coming from. There are so few comparable buildings in Brooklyn.
Would love to see the original listing vs. actual sale price spread on all of these.
The East Flatbush house was not a steal. It seems to have been priced appropriately. It is three blocks east side of Nostrand Avenue (Flatbush Junction) on the busy side of Glenwood Road. There remains almost no vestiges of this neighborhoods Victorian beginnings. Many of the homes that were not torn down and replaced have been remuddled beyond restoration.
111 Hicks is a great building, but as 12:11 explains apartments need to be priced with the high maint. $ in mind.
My broker told me to STAY AWAY from 111 Hicks when I was looking.
maint in 111 hicks has been high for a lot of reasons (some being resolved, some not) and, as noted, is reflected in price. 397 for 750 sq ft is pretty good price. I mean, this is brownstoner, land of “$1000 per sq feet is going rate these days”.
The maintenance at 111 hicks is notoriously high, due to underlying mortgage etc. The prices of units reflects that, compared to similar units in other neighborhood co-ops. You get a discount on buying, take a corresponding hit on selling.
111 Hicks came on the market 9/06 for 449k with another broker
Hmmm. . I’d be curious to know what that East Flatbush victorian looks like on the inside. Its only 6 blocks from Brooklyn College. 649k–it could be a steal.