2/3 Family Brownstone Comps in Cobble Hill?
We are working on a refi and would like to gather some comps. Does anyone have knowledge of recent sales of renovated two or three family brownstones? Central Cobble Hill, reno is about ten years old, new brownstone facade, bldg is 20×40, 100 foot lot, mid-block.
We are working on a refi and would like to gather some comps. Does anyone have knowledge of recent sales of renovated two or three family brownstones? Central Cobble Hill, reno is about ten years old, new brownstone facade, bldg is 20×40, 100 foot lot, mid-block.
Do you have a mortgage person yet?
Interest rates are very very low.
If you are still in the market give me a call.
Thanks
Vanessa Thatcher
Senior Loan Officer
ATLANTIC HOME CAPITAL
Tel: 631-687-3510 x106
EFax: 631-918-5222
Cell: 631-672-4113
you realize you have absolutely no control over comps a bank appraiser uses, right? consider yourself lucky if there are no comps from gowanus and red hook. ours couldn’t find any renovated comps but found a sad excuse for a house under the train tracks (miles away, different zip code) that had new rental finishes.
for example, cobble hill & cobble hill west; 2&3 Family; Sale date from 9/10 – 2/11; price >280k
ADDRESS RESIDENTIAL UNITS TOTAL UNITS LAND SQUARE FEET GROSS SQUARE FEET SALE PRICE SALE DATE
174 COURT STREET 2 3 2,000 2,700 $1,300,000 9/22/2010
150 BALTIC STREET 2 2 1,997 3,200 $2,700,000 12/17/2010
291 SACKETT STREET 2 2 1,000 2,400 $1,587,600 9/15/2010
54 CHEEVER PLACE 3 3 1,859 3,360 $1,770,000 9/28/2010
22 STRONG PLACE 3 3 2,652 4,320 $2,500,000 12/8/2010
No very recent comps turned up. Take a walk by and try and see if the location / condition / etc. are comparable.
Download the rolling sales update excel file from dof / nyc.gov (sales thru Feb 2011) and filter as needed.
http://www.nyc.gov/html/dof/html/property/property_val_sales.shtml