87 St. Marks Avenue was another brilliant renovation that re-demonstrates that Prospect Heights isn't 'the poor man's Park Slope' anymore now by a longshot. When you list for $3.095M and close for $3.295M after less than a month on the market, you know you're in business.
Or maybe you're more of the 206 Park Place type. 24' x 50' on a 162' lot? This $4.3M sale sets a record for Prospect Heights, y'all.
And $3M+ Prospect Heights prices aren't just for end-users. The 12-Fam buy & hold at 239 Prospect Place goes for $3.1M back in May.
Many salivated over 601 St. Marks Avenue in Crown Heights with its attractive pricepoint of $549K. Well, guess what? It closed for even less than that. Final price was $485K, all-cash, with 4 tenants. Please don't call this a comp unless you can play ball at this price sans financing and avec plenty of hair on the deal. Still a noteworthy play on a great block.
1 Hanson Place, #23G is a condo on an upper floor in everyone's favorite Williamsburg Savings Bank turned Hanson Place condos. It closed just above asking price, for $1.16M. Yet another reason why it's hard to find a townhome that pays for itself with 20% down in Fort Greene (for those still living in denial for the past few years) when 2BR condos are trading near $1,000/sqft.
846 Greene Avenue may be further east than you wanted to go and not the prettiest brownstone on the block, but at $763K, it's also in budget.
445 Franklin Avenue is a small 3-Family in Bed-Stuy that closed last month for $995K, and already rentals are cookin'! $1,700/month 1BR's in Bed-Stuy?? Get used to it. Call it generic if you want, Corcoran calls it a "classic apartment."
Brownstoner asked if they'd get their price at 266 Clifton Place. Renovated 3-stories around the corner from Poppa Bear himself? Why not? The house cruised to $1.6M, $75K below asking price.
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