Note: This update went out to our exclusive clients the week of February 11th. If you would like to be put on our exclusive distribution list, please send me an email:dbrennan@brennanrealtyservices.com
473 Sackett Street is in contract after only 25 days on the market. Seems like only yesterday I was tweeting about my visit during the broker preview on 1/25. Property showed very well – ie no clutter, well lit naturally and artificially and was decorated tastefully. The asking price is $1,695,000, or $807 per sq ft for this 3 story 2,100 sq ft 2-family (20’ x 35’ x 3 floors). The comment I made on Browstoner the following day, 1/25, sums up my view on price – “asking is a slight premium over 452 Sackett on a per sq ft basis, which sold last year. I would say this property is in better condition than 452(I’ve looked at both properties). The gross asking price on this is in the same ballpark as 70 2nd Street, on market this time last year – had multiple offers and traded above ask. In case anyone forgot.” The takeaway: Limited supply still supporting appropriately priced properties. Tweet from the broker preview – “Just walked through 473 Sackett Street. Tastefully decorated and thoughtfully rehabilitated. 2bd duplex over 1bd garden rental.”
