Awaye Realty a boutique Real Estate Office in Carroll Gardens has sold a pair of attached 5 family Brownstones.
Local Brokers and Agents have labeled them “The Pair of Fives”
50 1st Place and 54 1st Place have sold for a combined price of $10,550,000.00.
Both sales were cash purchases and exemplify the buyer profile for these homes.
Carroll Gardens; the birthplace of brownstones has become magnetized as the neighborhood everyone desires to live in and buyers are paying exceptional prices to acquire one of these properties. Investors and principals alike are vying over each available listing for development or to create a personal luxurious residence.
Each sale seems to eclipse the previous one in price and the ceiling is not yet in site.
Carroll Gardens consisting of approximately 40 city blocks was laid out with great foresight by surveyor Richard Butts. The signature courtyards were created by law in 1846 and in 1850 as a neighborhood easement which was attached to the deed of every place street block. Each front yard easement allows for 33 feet 5 1/4 inch. These courtyard could not be built on or used for storage or parking. Hence the beautiful gardens emerged in front of every home.