Havemeyer Park is hopping

Earlier this morning I wrote of 26 Wagon Road, priced at $899,000, going to contract in just 14 days and suggested that it was probably going to a builder, but perhaps an end-user might want to fix it up. Here are two sales reported today that illustrate those options:

46 North ridge

46 North Ridge Road, nicely renovated and up-to-date, sold for $1.395 million after a bidding war that started at $1.325.

39 North Ridge (note 37, right)

39 North Ridge, new construction, closed at $2 million. Its builder bought the quarter-acre lot for $965,000 (another bidding war; the owner had asked $799,000) in 2016 and then sat on it before beginning construction last year. It seems his timing was excellent.

Next door, 37 North Ridge, is still under construction and is priced at $2.795 million. Steep? I’m inclined to think so, but these days, who knows? We’ll find out. Land was purchased for $1.020 in May 2018.

37 North Ridge

Snow catchers on an asphalt roof: affectation for a slate wannabe or a new development in roofing techniques? (UPDATE: It’s not asphalt — perhaps rubber slate?)