brooklyn brownstones, Brooklyn Properties, brooklyn property management, Brooklyn Real Estate, Brooklyn Sales, Carroll Gardens, Real Estate

“A Pair of 5’s” Sold in Carroll Gardens at Record Price!

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.

50 - 54 1st Place
50 1st Place and 54 1st Place

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.

 

 

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Brooklyn, Brooklyn Condos, Brooklyn CoOps, Brooklyn Properties, brooklyn property management, Brooklyn Real Estate, Brooklyn Rentals, Carroll Gardens, Cobble Hill, property management, Real Estate

Happy Holidays from the Awaye Realty Team!

It’s been a while since we’ve posted a blog, but Brooklyn real estate is booming and we’ve been really busy! However, as we reflect during this time of gratitude and giving, we can’t help but realize how thankful we are for all our success. Awaye Realty would like to share our sincerest wishes for joy, health, and peace to all our friends, customers, and clients. We thank you for your loyalty and support throughout the year.

This year, we not only had a banner year in real estate sales and rentals, but also welcomed several new buildings to our property management family. We hope to surpass their every expectation in the coming New Year.

It hasn’t all been toil. In fact, we just finished celebrating the season with the BNYMLS and Brooklyn Board of Realtors at the El Caribe Country Club. We danced, and drank, and played white elephant with our colleagues. A wonderful time was had by both the Awaye Realty Sales and Management teams.

Best of all, the event collected so many toys for the Children of Bellevue Hospital that Rich Schulhoff, CEO of BBOR, had to rent a large van to bring the gifts to the hospital. He told us he was privileged to play Santa and that the entire hospital staff came out to help distribute the toys to the children. We are proud to have been a part of such a wonderful venture.

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We hope that you stay warm and merry this holiday season and wish you all the best!

Warm Regards,

The Awaye Realty Team

Brooklyn Properties, Brooklyn Real Estate, Carroll Gardens, Cobble Hill, Real Estate

Buying or Selling? Start in the Right Place

201 Huntington Street Sale
Another Happy Home Seller

With its vibrant culture, fabulous schools, charming streets, and proximity to Manhattan, the Carroll Gardens/ Cobble Hill area has long been a draw for people from all over the world. Now more than ever, everyone wants to own a piece of our backyard. If you live in brownstone Brooklyn and have ever considered selling your home, THIS is the time!

We have been selling everything we list, and within weeks! We just sold 201 Huntington Street (2 family townhouse) and 228 Clinton Street (4 family brownstone) for all cash. We sold 16 3rd Place (2 family brownstone) in 2 weeks for $350,000 above asking price.

The special advantage that Awaye Realty has over its competition is the fact that we are in Carroll Gardens. Customers go right to the source because they know that ease of access is one of the keys to an expedient sale. Also, we know how to price and market properties to sell for the highest price in today’s market. We know our product , our customers’ needs, local property values, and the financing options available for these mega dollar sales.

Carroll Gardens is our home. Stop by and visit. You may want to stay a while.

Brooklyn, Brooklyn Properties, Brooklyn Real Estate, Carroll Gardens, Cobble Hill, Mortgage Rates, Real Estate

Just Sold: Carroll Gardens Brownstone

We are proud to announce that after only three weeks of marketing, Awaye Realty procured a buyer for 16 Third Place in Carroll Gardens. The seller was elated at the final
sale price which exceeded the asking price by $350,000.

Front3Multiple buyers counter-offered to create a competitive atmosphere, which brought about the outstanding price for this brownstone fixer upper.

Both buyer and seller echoed good sale and congratulation to one another. The magnetism of Carroll Gardens has a strong pull on buyers looking to join this growing and vibrant community, and neighborhood properties are extremely sought after.

Bay Ridge, Bay Ridge Real Estate, Brooklyn, Brooklyn Apartments, Brooklyn Condos, Brooklyn CoOps, Brooklyn Properties, Brooklyn Real Estate, Brooklyn Rentals, Real Estate

Neighborhood Spotlight: Bay Ridge, Brooklyn’s Gold Coast

Ah! Brooklyn… With its glorious tapestry of people, neighborhoods, and geography, we’ve long been proud to call it our home. But like any vibrant, active community, our borough is quickly growing and changing.brownstones2

If Brooklyn were an independent city, it would be the 4th most populous in the United States.  Only the 5 NYC boroughs combined, Los Angeles, and Chicago have more people. Geography is of course a factor, the proximity to Manhattan is a major attraction. However, Brooklyn has grown into its own distinct cultural mecca. The borough offers a variety of musical, artistic, and gourmet experiences that are as diverse as its neighborhoods. There are also acres of parks and miles of shoreline to explore.

It’s really no surprise that more and more people want to live in Brooklyn, and with that desire, the effects of supply and demand become more deeply felt. According to a recent Business Insider article by Melia Robinson, “[…] as real estate prices in trendier neighborhoods continue to climb, more and more city slickers are taking a second glance at the ‘original Gold Coast,’ as locals call the area. With phenomenal public schools, copious outdoor spaces, restaurant row, and affordable housing, Bay Ridge has alot to offer.”

Originally developed as an oceanfront resort area for the wealthy, Bay Ridge is an extremely scenic neighborhood. The neighborhood offers breathtaking water and Verrazano Bridge views as well acres and acres of green space, playgrounds, skate parks, and the stunning 4.5 mile Shore Promenade. Bay Ridge is an eclectic mix of mansions, limestones, rental, co-op, and condo buildings. From a real estate perspective, Bay Ridge has it all and the market has taken note.

In the first quarter of 2014, more 2-bedroom homes were sold in Bay Ridgethan any other part of the borough. According to Robinson’s Business Insider article, “Both the median home sale price and median monthly rent are up 14% year over year, and rents are up 30% over two years.” Yet even with the price climb, Bay Ridge offers more space and bang for the buck then trendier neighborhoods like Williamsburg and Park Slope whose median sales of $1.4 million and $1.35 million respectively, make Bay Ridge’s median sale price of $656,000 look like a humble steal.

As more and more people become privy to this bargain and choose to leave behind pricier neighborhoods, the face of Bay Ridge is slowly starting to change. As with all Brooklyn neighborhoods that are seeing an influx of outsiders, locals are grumbling that the gentrification is destroying the community. The jury is still out on the “destruction,” but the community is certainly changing as higher priced businesses that offer ‘artisinal’ and ‘locally sourced’ buzzword items sprout up on Bay Ridge thoroughfares. In recent years, artisanal sausage and craft beer bar Lock Yard and the organic wine bar Owl’s Head saw their openings marred by protesters. However, old and new locals alike are keeping new local businesses such as these packed and flourishing.

HAlicea
Haydee Alicea, Lic. Real Estate Salesperson and Bay Ridge Expert

Awaye Realty salesperson Haydee Alicea is a neighborhood expert who has sold millions of dollars worth of real estate in Bay Ridge and feels that “more people are choosing Bayridge over many other neighborhoods in Brooklyn because of its calm, slow-paced feel and the tree-lined blocks, water views off of the Shore Road area, and the parks. The sales and rentals of apartments and houses have grown over the last couple of years and the prices have increased as well. People that want to stay away from the hustle and bustle of Manhattan or Downtown Brooklyn opt for the Bay Ridge area for tranquility and calm. The multitude of nightlife and dining options doesn’t hurt, either.”

If this trend continues, prices will climb fast. If you are considering buying or selling property in Bay Ridge, now is the time! For more information, call 718.488.0800 and speak to a neighborhood expert today.

To read Robinson’s Business Insider article, go to http://www.businessinsider.com/young-people-moving-to-bay-ridge-brooklyn-2014-6?op=1

Brooklyn, Brooklyn Apartments, Brooklyn Condos, Brooklyn CoOps, Brooklyn Properties, Brooklyn Real Estate, Brooklyn Rentals, Carroll Gardens, Cobble Hill, Mortgage Rates, Real Estate

Cheers to 10 Years!

Invitation
Cheers to 10 Years!

It’s been a while since our last entry, and it’s because we’ve been extremely busy. Now that we are officially in our eleventh year, we’ve finally taken a moment to sit back and celebrate!

Pierluigi Giachi of Tenuta Torciano
Pierluigi Giachi of Tenuta Torciano

President of Awaye Realty, Arlene Waye , organized a fete that would not soon be forgotten.

Arlene’s good friend and owner of the Tenuta Torciano Vineyards of Tuscany, Pierluigi Giachi, offered us an intimate wine tasting. Under his expert guidance, we sampled over a dozen wines. As the wine flowed, we indulged in decadent antipasti, fragrant truffle oils, and well-aged balsamics. Arlene’s husband Jim personally prepared lasagna for over eighty people!

Arlene Waye and James Snook
Arlene Waye and James Snook

Happy and full, we agreed that in a competitive industry such as real estate, we are fortunate to work with such enthusiastic, professional, and above all, warm colleagues. It was an amazing experience and we are already looking forward to our 15th Anniversary in 2018.

In other news, yesterday we rolled out the first phase of our new and improved website. We are proud to have a much more intuitive site that is now an even better resource for our customers. The new awayerealty.com offers THOUSANDS of Brooklyn, Manhattan, Bronx, Queens, and Staten Island listings… all in one place. Visitors can now browse not only Awaye Realty’s exclusive real estate sales, commercial, and rental listings, but also every listing provided by our fellow members of the Real Estate Board of New York (REBNY), Brooklyn Multiple Listing Service (BNYMLS), and Staten Island Board of Realtors (SIBOR).

Aside from everything that is available in the New York City real estate market, awayerealty.com offers a wealth of information about the intricacies of buying and selling your home or any other type of real estate, Brooklyn neighborhood biographies, definitions of common real estate terms, and much more. We invite you to browse around!wse not only Awaye Realty’s exclusive real estate sales, commercial, and rental listings, but also every listing provided by our fellow members of the Real Estate Board of New York (REBNY), Brooklyn Multiple Listing Service (BNYMLS), and Staten Island Board of Realtors (SIBOR).

We will keep you informed about Phase 2, but we anticipate going live with that sometime in April. Clients will be able to more seamlessly browse listings as well as create their very own accounts and personal folder of listings that interest them. We expect that the new awayerealty.com will deliver a smooth and valuable real estate experience for our visitors.

As always, we are busy matching our customers with their dream homes. As the weather gets warmer, the real estate market tends to heat up. There’s a lot of excitement in the air at our 522A Court Street office.

Many of you will soon be receiving out spring promotional postcard in the mail. If not please call us at 718.488.0800 to learn about our limited time 4% fee for full service marketing and representation of your real estate property.

The Awaye Realty family thanks you for your patronage. Without all of you, where would we be?

The Awaye Realty Team
The Awaye Realty Team
Brooklyn, Brooklyn Apartments, Brooklyn Condos, Brooklyn CoOps, Brooklyn Properties, Brooklyn Real Estate, Brooklyn Rentals, Carroll Gardens, Cobble Hill, Mortgage Rates, Real Estate

Happy New Year News

Happy New Year!

We are excited to report that, just as we suspected, our favorite borough, Brooklyn, is booming!

According to Property Shark, most Brooklyn neighborhoods are seeing a rise in residential property values. You can follow this link to the interactive PropertyShark.com map.

 

BrooklynRealEstatePriceMap
Map Courtesy of PropertyShark.com

Williamsburg saw the biggest changes, with prices per square foot climbing by 174% since 2004. Other big winners include Prospect-Lefferts Gardens, with 63% growth, Gowanus with 52%, Fort Greene with 51%, and the majority of North-West Brooklyn (including our ‘hood, the always lovely Carroll Gardens) at a comfortable 20-30% climb.

At Awaye Realty, we’re not surprised. Just a stone’s throw from Manhattan, Brooklyn is a vibrant tapestry of geography, architecture, and people. There is something in our beautiful Brooklyn for just about everyone. From thriving artists’ communities to quiet ocean-side living, Brooklyn has it all! Brooklyn is also quickly becoming one of America’s cultural Mecca’s.

We’re improving every day. Now proudly boasting our own basketball team with the Brooklyn Nets, rumors are swirling that we’ll be getting Islanders Hockey soon, too. Brooklyn’s Business Improvement Districts have been attracting more and more businesses and consumers.

Our borough is healthy and exciting. People from all over the nation want to live here. If you are looking to sell, now is a great time to cash in on your investment. If you’re looking to buy, Brooklyn shows no signs of slowing down and interest rates are at record lows.

We hope this year brings you joy, health, love, and success.

Warmest Regards,

The Awaye Realty Team