Archive for January 2010
Brooklyn’s priciest homes to hit the market in 2010
At the top of the list is the triplex located in DUMBO in the Clock Tower Building, listed at $25 million. 1 Main Street, DUMBO Condo Beds: 3 Baths: 3.5 Listing price: $25,000,000 In second place is a townhouse located at 13 Cranberry Street in Brooklyn Heights, just over the Brooklyn Bridge from Manhattan and…
Read MoreQ4 2009 map for Brooklyn condo and coop sales
In collaboration with Corcoran, PropertyShark.com developed the Q4 2009 Corcoran Report, covering apartment sales (condos and coops) in Brooklyn for Q4 2009. Here is an interactive map showing all sales that took place in the fourth quarter of 2009. The size of the circle indicates the number of sales in the building and the color…
Read MoreNumber of Brooklyn Properties bought at auction hit 3-year lows
According to PropertyShark.com records, only 55 properties were bought at auction in 2009 by investors or independent buyers in Brooklyn. That is 16.8% of the 326 properties successfully auctioned properties* at the Brooklyn courthouse. By comparison in 2008, 96 properties (19.7% of total) were bought by independent buyers, while in 2007 independent buyers bought 114…
Read MoreDistressed homes listed for sale in Los Angeles
While there can be risk involved, distressed properties can occasionally present an opportunity to buy a home for less than market value. Here are three single family homes in Los Angeles that are listed for sale and currently have a trustee sale scheduled. 7501 Bellingham Avenue, North Hollywood Single Family Home Beds: 3 Baths: 3…
Read MoreHampton lis pendens increased 84% in 2009 over 2008
There were a total of 566 first time residential lis pendens in the Hamptons in 2009. This is 84% more than in 2008, when there were 307 pre-foreclosure filings. Zip codes 11937 (East Hampton), 11968 (Southampton) and 11946 (Hampton Bays) topped the list for the highest number of lis pendens. (Note: First time lis pendens…
Read MoreStrong start for NYC Commercial Property Segment
New York City has already seen a strong start for the year in the commercial properties sector with 3 recorded sales over $50,000,000 since the beginning of 2010. In comparison with the past year, the biggest transaction in January 2009 was a $11.75 million deal in the Bronx, involving an apartment building and an adjacent…
Read MoreManhattan residential listings with largest price cuts in the past week
We examined Manhattan residential for sale listings that hit the market in the last year that are still listed, and identified the top 3 properties with the largest total dollar price drop during the past week. You can click on the photo for more details on the listing or click on the address for a…
Read MoreMost expensive new properties for sale in Los Angeles this week
Here are the three most expensive properties that we identified in Los Angeles that hit the market in the past week. Each one of these properties has unique features of some type. It can be anything from 128 feet of beach frontage to a private spa, media room or city views. You can click on…
Read MoreTop 5 Manhattan Distressed Properties with Highest Mortgage Amount in 2009
Here are what we found to be the top 5 Manhattan properties (by mortgage amount) with a lis pendens filed against them. The rental apartment buildings at 2225 5 Avenue and 2171 Madison Avenue shared the highest mortgage amount among the distressed properties in Manhattan for 2009. The mortgage was for $225,000,000. Properties reportedly owned…
Read MoreQ4 2009 Manhattan Apartment Sales Map
In conjunction with Corcoran, PropertyShark.com just released the Q4 2009 Corcoran Report, covering apartment sales (condo & coops) in Manhattan from the last quarter of 2009. For a visual perspective, we have put together an interactive map showing all sales that took place in the fourth quarter of 2009. The size of the circle indicates…
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