Tuesday, October 11, 2011

Closings of Note: Park Slope & Friends

290 8th Street, a nice 2-Family with a garden atrium in prime Park Slope closed on 9/26/2011 for $1.445M. This was just a touch lower than its latest asking price of $1.475M after orginally listing in May 2011 for $1.575M and then dropping in June.

158 Garfield Place sold for $1.62M on 9/21/11. This Park Slope 8-Family has a great exterior and some pretty killer income. Marcus & Millichap keep their listings pretty under-cover for the most-part, though. Even still, they were proud to announce:

"The appetite for well located, rent stabilized multifamily assets in Park Slope is insatiable... In a matter of 30 days, we generated 30 offers in writing and were able to negotiate a completely non contingent contract $95,000 above our asking price. This is the most competitive we’ve seen buyers in over two years.

1080 Dean Street listed for $695K in April 2011. This 4-Family brownstone on a pretty block in Crown Heights, just over from Prospect Heights, closed above asking price for $770K on 9/22/2011.

36 Cambridge Place, a 3-Family frame house used as a 2, with incredible interior details closed for $1.715M on 9/21/2011 after listing for $1.725M in May.

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