Tuesday, May 08, 2007

Crown Heights Real Estate Rise Continues

Crown Heights' fast-rising real estate values are challenging long-held perceptions regarding the quality of life the district's residential core. The homes at 1122 and 1116 Prospect Place, shown in these photos, were each built in 1901, measure 2,208 square feet, and appear to be in the same general condition (from exterior view). The home at 1222 (top) sold for $455,000 in 12/06; two months later 1116 Prospect sold for $690,887.

1 comment:

Anonymous said...

Why such a wide split between prices?