11:44 AM 01/07/2013
What is a 3 BR place worth in Brooklyn Heights? New construction apartments seem to be priced in the 2.25 - 3.00 million area. I know new construction gets a preimum (although I personally don't think it's worth it) and the market is up 40% in the last year in the Heights, but what should I pay for a proper 3BR in a brownstone building in BH today? There is no supply (literally, if you search 3 BR in BH there is nothing for sale). I'm being told $2million-ish by a few people thinking of listing their place - -Any thoughts?
When I was looking for apartments and selling mine, I went to open houses and searched for comps on PropertyShark to see what similar properties had closed for three and six months earlier. PropertyShark shows closed sales for co-ops as well as as condos. You can also find closed sales on ACRIS. There is a bit of a delay in the recording of sales.
12:02 PM 01/07/2013 | 0 Votes