Last Week's Biggest Sales: Closing Time at One BBP
While we couldn’t find the exact sizes of the Brooklyn Bridge Park units that sold, they’re probably all over 2,000 square feet, given the average asking prices in the building. 1. Fort Greene $2,375,000 76 South Elliott Place GMAP (left) 3,200-sf, 3-fam townhouse was asking $2,795,000 when we had it as an Open House Pick…
While we couldn’t find the exact sizes of the Brooklyn Bridge Park units that sold, they’re probably all over 2,000 square feet, given the average asking prices in the building.
1. Fort Greene $2,375,000
76 South Elliott Place GMAP (left)
3,200-sf, 3-fam townhouse was asking $2,795,000 when we had it as an Open House Pick in March. According to StreetEasy, the listing price was reduced to $2,395,000 before it sold. PropShark records say it last changed hands almost exactly a year ago, for $1,950,000. Deed recorded 10/9.
2. BROOKLYN HEIGHTS $2,350,000
One Brooklyn Bridge Park, Unit 636 GMAP (right)
One of several closings at 360 Furman over the past couple weeks. According to StreetEasy, the average listing in the building is a touch north of $1,000/sf. Deed recorded 10/7.
3. BROOKLYN HEIGHTS $2,275,000
One Brooklyn Bridge Park, Unit 436 GMAP
Deed recorded 10/6.
4. BROOKLYN HEIGHTS $2,075,000
One Brooklyn Bridge Park, Unit 629 GMAP
Deed recorded 10/9.
5.DUMBO $1,890,000
One Main Street, Unit 12K GMAP
1,414-sf unit in this record-breaking condo. Last sold for $1,150,000 in 2003. Deed recorded 10/8.
Photo of 76 South Elliott from Property Shark.
Thanks for your thoughts, Biff.
As someone who lives a few blocks away, I’d certainly welcome any retail additions to the neighborhood, but to be honest I just don’t see it happening. And I’m honestly a little wary about the park as well. I hope for buyers’ sakes they’re not counting on these things.
I was wondering the same thing about the view-less units. I noticed a few going up as rentals (see the StreetEasy link on this post) for $2,700 to $2,900 but even that seems steep to me for the photos shown.
I am no way some scum broker or Agent I am just telling you like it is. Tell me When I am wrong and I will admit it. But please do not acuse me of being a low life Broker. I would rather be a Used car salesman. Naaa scratch that.
and alsawo, what about the apartments with views of the BQE versus the East River and downtown? The appeal of those units is even harder to understand.
alsawo, in addition to the views (and nice apartments), I’m assuming many of the buyers are anticipating one day having a nice park at their doorstep and perhaps amenities in the area at some point once everyone moves in. Perhaps some buyers also like the idea of living in a building where everyone is relatively well off. But I agree with you; in terms of the area, it’s just not for me at this point. I’m sure the vast majority of residents will have cars, but I prefer to be in a place where I can walk out the door and go to a shop, a bar, a park, a movie, etc. without getting into a car. Maybe that will come one day; but there’s really nothing around at this point. And if any of the residents will be using public transit, I think they’ll quickly grow tired of the walks up to Borough Hall.
You are ridiculous, Sebb.
Sorry, but you seriously must be a broker, because it’s clear now that you are totally unable to think rationally when it comes to the real estate market. Either that, or you don’t read the news.
I was just thinking 6000 is just one development in some Florida communities. NYC housing market tanking yea right.
These are kind of atypical listings by which to judge the strength of the market. But I m glad to see deeds recorded and units moving. The South Elliot place ended up getting “cut” but as 11217 the sellers still did quite well. Obviously will be interesting to see what similar houses go for in the next 6 months, reflecting the current climate.
Dave Manhattan also has a tight supply of brownstone townhouses, only 6000
Okay, but bickering aside, I’m honestly curious: what is it that makes One Brooklyn Bridge Park so appealing? Is a view really worth that much?