Tuesday, March 19, 2013

Closings of Note: Compromises for Value

Rumors had it weeks ago that the sale was off for some reason, but the packed Corcoran open house and beautiful interior assured 261 Hancock Street would soar [above] its list price of $949K.  It closed for $1.2M last month.  Along with the likes of 160 Hancock Street, the Bed-Stuy fixer-upper above $1M is firmly intact. 

307 13th Street in South Slope sells for its asking price of $1.325M.  Although, 972 square feet, really?

They all tell us they want a finished multi-family under $800K that's west of Bedford.  Try east of Kingston.  The 3-story 1328 Bergen Street sold for $730K last month.

Clinton Hill still has value for what the rest of town wants around $1.5M, but you may have to go north of Myrtle to get it.  119 Vanderbilt Avenue got just under its asking price, closed for $1.55M last month.

Over in Bed-Stuy, the 3-story 258 Monroe Street didn't even last a month on the market.  Closed for its asking price of $749K.

Or maybe you're more of the 309 Warren Street type.  Listed just under $3M, and sold last month for $2.73M to Manhattan buyers.  Still beats any pad in the West Village by a mile, so let's not exaggerate the implications of these pricepoints, people.

No comments:

Post a Comment