Last Week's Biggest Sales
1. MANHATTAN BEACH $2,150,000 34 Girard Street GMAP (left) A 5,040-sf, two-family house, according to Property Shark. Entered into contract on 1/30/09; closed on 5/11/09; deed recorded on 5/20/09. 2. DUMBO $1,815,000 100 Jay Street, Unit 29A GMAP (right) A 1,711-sf, 2-bed, 2-bath unit in the J Condo, according to StreetEasy. Entered into contract on…
1. MANHATTAN BEACH $2,150,000
34 Girard Street GMAP (left)
A 5,040-sf, two-family house, according to Property Shark. Entered into contract on 1/30/09; closed on 5/11/09; deed recorded on 5/20/09.
2. DUMBO $1,815,000
100 Jay Street, Unit 29A GMAP (right)
A 1,711-sf, 2-bed, 2-bath unit in the J Condo, according to StreetEasy. Entered into contract on 3/25/09; closed on 5/8/09; deed recorded on 5/21/09.
3. CARROLL GARDENS $1,400,093
277 President Street, Unit 3A GMAP
Another big closing in this condo conversion, where one of the buyers has been blogging about their purchase. Entered into contract on 5/5/09; closed on 5/5/09; deed recorded on 5/19/09.
4. BOROUGH PARK $1,100,000
1256 44th Street GMAP
A 5,250-sf, 5-family, according to Property Shark. Entered into contract on 11/5/08; closed on 5/7/09; deed recorded on 5/20/09.
5. BENSONHURST $990,000
1633 79th Street GMAP
A 3,280-sf, 4-family, according to Property Shark. It last sold for $610,000 in 2003. Entered into contract on 1/15/09; closed on 5/8/09; deed recorded on 5/21/09.
34 Girard Street photo from Property Shark; JCondo photo by The Real Janelle.
And what’s the deal with the 1.4 million condo in Carroll Gardens? I thought you could buy a whole house there for that.
I don’t see negatively here. I see information. Information is good.
However!!!!! This is pathetic. We’re only 19 percent off peak still? This is totally ridiculous.
This strongly supports my observation that subprime areas are down significantly and prime areas not.
If the economy does recover in 2010, you’re screwed, BHO. However, I think it’s far more likely we’ll see a recovery followed by another shock, etc., resulting in a flat decade.
“BHO What’s happing??!!”
Shhhhh! Special education is in session. I’ll get with you at 3:30.
***Bid half off peak comps***
Yeah, babygreene. I have better things to do but this is fun. I enjoy cheering on the bear market.
I’m a regular family guy patiently waiting for the bottom feed. Thank God I don’t own any Brooklyn property because it more than likely would have been purchased near peak price. Proudly renting.
No, you’re not the only one. I get tired of myself sometimes. Being right all the time (DOW/SP falling to 8000/800, rents falling, Manhattan-to-Brooklyn-back-to-Manhattan, Condos going rental, prices falling more than 5 or 10 percent, etc etc etc) is so boring. The “negativity” is in balance with the “positivity” that was the euphoria of perpetual price increases. Why is the testosterone bothering you? Can’t you just skip over our posts?
I’m done with “well-made” arguments. Made plenty of them. Not necessary anymore. The market is in code red.
So who are you, babygreene? Do you own?
***Bid half off peak comps***
I, for myself, am not sick of opposite minority opinions. Prior to the Doom, all I heard was ‘buy now, you can’t miss’, ‘Property always goes up’, ‘You’re just not smart if you aren’t buying’. Even the NYTimes, that bastion of real estate boosterism is running stories on the turn of consensus (5/24 Arts & Leisure, PAGE 18 TELEVISION: “Reality Check for Real Estate Shows”)
As a renter looking to buy, what’s wrong with the 50% metric- it’s easy to understand. As to basis in reality… stranger things have happened…
And as to some one paying a price that we might not agree with… big deal- YOU don’t have to make the mortgage, the buyer seems happy to pay the seller’s price.
Ain’t Capitalism wonderful!
“Am I the only one sick of these incessant posts full of aggro, over-the-top negativity? I am totally open to well-made arguments that the market is going down, but BHO and the What’s testosterone vibes bug me.”
Being right is what “bugs” you Asshead! I lovin it, like McDonald’s!
ROTFLMMFAO! BHO What’s happing??!! I see Killa Cam dropped -19%! That 27 consecutive months of declines.
BHO please be kind to the retards because watching the Mutant Asset Bubble collapse can cause Headaches…
The What (Tick.. Tick.. Tick..)
Someday this war is gonna end…
Pardon me if I’m missing something here as an occasional poster/comment reader, but:
BHO, don’t you have anything better to do? Who are you? Do you own any Brooklyn property?
Am I the only one sick of these incessant posts full of aggro, over-the-top negativity? I am totally open to well-made arguments that the market is going down, but BHO and the What’s testosterone vibes bug me.
Brownstones Half Off: you go hard but the problem is this thing is on it’s way to bottoming out. Meanwhile Son you still are renting like a fool. You want to come rent an apt from me?
Team Bull keeps on pushing.
…or simply wait here, sebby boy. Index up +200% trough to peak. Brownstones up +200% trough to peak. Relevant on the way up, relevant on the way down (-19% into the abyss).
You’re outnumbered, broham. Nobody wants you on their team. DIBS will soon be ours. Go postal.
Team Bear…we go hard, we go hard! Grrrrrrr!
***Bid half off peak comps***