Prices Falling in Greenwood Heights and Bed Stuy


Sales are sinking pretty dramatically in at least two Brooklyn buildings.

Greenwood Heights' 282 21st Street, a modern, 10-unit condo with off-street parking, sold a one-bed, one-bath unit on September 14th for the asking price of $465,000; it had been listed since March with Corcoran. Hope the buyer doesn't feel too remorseful now that other units have been trimming $10,000 to $80,000 off the units in the last few days, according to Streeteasy. One plus of this building: pretty low common charges.


Over in Bed Stuy, all five units on the market at 860 Dekalb Avenue (a "Manhattan-style condominium project") have dropped: Unit #5, for example, went on the market at $564,400 back in February and has been whacked at ever since. Yesterday, another $65,000 was chopped off the asking price, and the two-bedroom, two-bath is now $399,999, per Streeteasy. Twenty thousand was taken off the price tag for the least expensive unit yesterday: that two-bedroom is now going for $359,999. This building is handled by Corcoran, too.

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