Tuesday, December 21, 2010

Another Good Buy Deep in Carroll Gardens: 152 Luquer Street

Right across the street from 159 Luquer, which we covered a few weeks ago before it quickly went into contract, we noticed the recent sale of 152 Luquer Street. The sale closed for $1.15M at the end of October and was recorded last week.

159 went into contract quickly with a decent interior and a not-too-high price point. We expect the final number to be close to asking price.

152 looks to be an estate sale and we're not sure where or if it was every publicly listed for sale. If it were, we imagine it might've fetched more.

Pro's: neighborhood, curb appeal, relative price point

Con's: a little off the beaten path, boxed in by the BQE edges of Carroll Gardens, condition?

Ideally: there's a few more plays like this at a nice entry point to a good neighborhood.

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