Tuesday, February 19, 2013

Closings of Note: Value's Still Out There

Crown Heights does it again with one of the best value buys in all of brownstone Brooklyn this week.  1148 Sterling Place for $650K is like 348 New York Avenue, but with the conversion to gas heat & asbestos abatement already done.  We were in this bad-boy with Platinum Members before it was even on StreetEasy.  Walk around these Crown Heights blocks full of killer housing stock and tell us you wouldn't rather cop one of these homes around $700K than a dinky condo off the beaten path of the already fully gentrified neighb's.

513 MacDonough Street is a great little buy for $499K after listing for $519K.  Gotta go "deep" into Bed-Stuy for deals this nice.

When you're tired of chasing fixer-uppers in Prospect Heights pushing $2M and 17' wide finished products in Park Slope over $2M, it's nice to know you can still settle into a huge mansion in Lefferts Garden just off the park for $1.245M like 58 Maple Street.  Buyers who passed on another gem in this neighb' in this price range over the summer told us they were "really conflicted about wasting that much space on two people", but a 6BR/3 bath 4,200+ sqft single-family fit like a glove.  This neighborhood remains ripe with the best looks under $1.5M in town.

368 Grand Avenue is a cute house on a cute block.  This is what sub-$1.5M in Clinton Hill looks like, people.  For all you Gates gazers, this was right under your nose (though not on Corcoran.com).  And, yes, it needs work.  And, yes, it's less than 16' wide.  But this is about as good as it gets unless you're a cash buyer, ready to finance a way higher purchase price, or ready to head way further east.  Once Cousin John gave it the greenlight, decisive buyers were ready to take the plunge.

Even out on Bond Street, 4 stories in outer Boerum Hill like 201 Dean Street can command over $2.6M with Corcoran.  We'd much rather be in a pre-market finished double-duplex in prime Prospect Heights for this price range that Platinum Members are scoping, but Corcoran knows how to gitter done.

Even the outer edges of Clinton Hill, on the north end between Myrtle and Park, 4-stories command $1.25M for an under-marketed little gem like 127 Clinton Avenue.

Did someone say between Myrtle and Park over a million?  Even 3-stories commands $1.3M with Corcoran at 128 Washington Avenue.

No comments:

Post a Comment