Saturday, July 20, 2013

Closings of Note: More $3M's

We weren't kidding about the $3M townhome market in Brooklyn.  416 Pacific Street, in what some would call "no man's land" Boerum Hill if you let them, cruises to a sales price of $3.33M last month.  Asking price was $3.5M.

 Same goes for 121 St. Marks Place, which closed for $2.325M last month.

How come townhomes anywhere near Park Slope command $2M+ easily??  Because... even condos do now!  133 Sterling Place, #4D listed for $2.25M and sold for $2.1M last month.

Heck, even 12' wide can fetch well over $2M in Carroll Gardens.  428A Clinton Street closes for $2.425M last month.

Someone even put ol' 341 Sackett Street out of its misery over there for just over $1M in May.

The narrow Clinton Hill house at 372 Washington Avenue was in need of some "re-do" according to the Brownstoner.  However, the $2.1M asking price quickly sold for $2.17M last month, to buyers coming from an apartment in Cobble Hill.

145 Hancock Street couldn't get $850K with the big brokers not long ago, then was available again for a higher price.  It closed for $1.135M, which sounds like a steal, but keep in mind it was an SRO, took all cash, and was a tricky deal to track down.  61 Hancock Street, another SRO, went for an even better $940K last month.

Speaking of SRO's that have been in the works for a while, 544 Pacific Street finally closed for $1.035M in May.

Another SRO delivered vacant in Crown Heights, 623 St. Marks Avenue sells for just over $1M in May.

In Boerum Hill, the small single-family at 109 Douglass Street cruises to asking price of $2M last month.

It took a little longer than we expected, but 613 President Street in Park Slope actually looks like a good buy at $1.873M back in April.

We told you about 636 Bergen Street in Prospect Heights 3 years ago.  Then it was on Platinum Member radar early as it resurfaced.  Nevermind that it couldn't get $1.2M just a few years ago, it re-listed for $1.6M this spring and got $1.472M last month.

And we have more to cover tomorrow...

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