The Tony Brooklyn area is getting even more lustrous with the prominent home sales in the midst of it.
Fort Green Townhouses soon became the most expensive home ever sold in the neighborhood, apparently signing $ 1 million more than current title holders last month.
6 When the $ 8 million transaction on South Oxford Street closes late next month, as expected, the $ 6.5 million previous record spent on 198 Washington Park in January 2021 will be blown out of the water. Real deal reported..
The property on South Oxford Street is 3,000 square feet smaller than the property in Washington Park, but is likely to sell for 1,488 square feet, so this recent purchase is a testament to the current madness of the market. On a square foot basis, Washington Park mansions sold for almost half of that, or $ 758 per square foot. but, The list image was shown A devastated monthly.
Even home brokers on South Oxford Street are amazed at the closing price.
“We were hoping to get a lot of attention. We were hoping for multiple bids, but we didn’t expect how high it would be with 10 bids,” Compass said. Agent Christine Blackburn told Real Deal. “Everything that is completely turnkey is commanding a premium.”
However, this address is helped by a more discerning buyer who understands Brooklyn real estate. “It’s definitely driven by local buyers who have a very subtle understanding of the premium in a particular location block by block,” she said.
In addition to its great location opposite Fort Greene Park, the landmark South Oxford Street home has been refurbished. The original details of the Italian-style brownstone are preserved with the latest, newly installed details such as the built-in Sonos speaker, home security system, and dual infrared sauna. According to the list..
“Refurbishments are becoming more and more expensive,” says Blackburn. “If owners had to make a refurbishment in 6 South Oxford today, it would cost much more than they did and it would be exorbitant.”