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1. GRAVESEND $4,200,000
1973 East 2nd Street GMAP (left)
This 2,736-sf, single-family last sold for $5,000,000 in 2006, according to Property Shark. Entered into contract on 9/29/08; closed on 2/10/09; deed recorded on 2/17/09.

2. CARROLL GARDENS $2,000,000
208 Carroll Street GMAP (right)
This four-family was asking $2,050,000 when it was a House of the Day in November. The 4,500-sf house was configured as four floor-through rentals, each with month-to-month leases. Entered into contract on 12/22/08; closed on 2/10/09; deed recorded on 2/19/09.

3. DUMBO $1,400,000
100 Jay Street, Unit 16F GMAP
A 1,601-sf unit in J Condo. Listed last July for $1,425,000, according to StreetEasy; it went into contract within a month. The condo originally sold for $1,170,000 in 2007. Entered into contract on 8/1/08; closed on 8/25/08; deed recorded on 2/20/09.

4. MILL BASIN $1,360,000
10 Bell Point Drive
A four-bedroom, single-family house that’s part of a planned community called the Bay Front Estates at Mill Basin. Google Maps doesn’t yet recognize the address. Entered into contract on 9/23/08; closed on 1/21/09; deed recorded on 2/19/09.

5. MIDWOOD GRAVESEND $1,188,000
172 Avenue P GMAP
A 4,356-sf, three-family house, according to Property Shark. Entered into contract on 7/31/08; closed on 2/2/09; deed recorded on 2/19/09.

Photos from Property Shark.


What's Your Take? Leave a Comment

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  1. “Hey BHO;

    Spare me your trite observations about life in the Great Depression, you ass. My parents grew up in the Dreat Depression, both children in broken immigrant homes. I grew up with their haunted memories of what life was like for them at that time.”

    Eat one, Benson. My people were lynched during the Great Depression while trying to escape 50% unemployment (versus your 25%). With all due respect, what your parents went through aint touchin’ that. I’m haunted everyday about what my people went through (and still are going through), the latest episode curtesy of the NY Post.

    “It is exactly for that reason that I find people like you to be despicable, people who would post their glee on the internet over the prospect of another Great Depression, so that they could pick up a ‘deal’ on a house.”

    You goddamn right I’m gleeful. Gleeful about a price collapse, not a depression. But I can’t have my cake now can I? THEY (all who participated) wrapped the global economy around home prices, not me. This depression is a means to an end. It was all good in the hood when prices were 3-4 X income.

    “Why don’t you grow up and think about the implications of what you write on this site?”

    Implications??? You guys give me too much power.

    Team Bear We Go Hard…Team Bear We Go Hard…

    ***Bid half off peak comps***

  2. Isn’t it true that NY State is the only one in the country to require that buyers and sellers hire an attorney to represent them during a purchase? I thought I heard that when I bought.

    If so, you’d think that these guys might have halted *some* people from getting into something perhaps they shouldn’t have…

  3. I hear ya, mopar. There were definitely predatory swindlers out there. But at what point does personal responsibility get considered here?

    If the deal sounds too good to be true, it probably is. If you don’t understand the terms of a loan, get a lawyer.

  4. “I find that funny that Team Bear thinks they’re PWNING someone in this thread about Last Weeks Biggest Sales and the prices that were paid.”

    It’s hilarious. $2M in all of brownstone Brooklyn. Now that’s one for the record book.

    ***Bid half off peak comps***

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