Two contracts today that took me somewhat by surprise or will if, as I assume, they sell for close to their asking price. 25 MacArthur Drive, asking $1.490 is under contract. The owners paid $1.45 for it in 2007 but I’d given up expecting to see a sale in that range in Havemeyer for awhile. Yet, there you are.
And 8 Beechcroft, purchased for $3.6 million in 2004, is reported pending today at its latest asking price, $4. 7 million. To be honest, I didn’t see improvements worth $1.1 million in this place and expected it to sell closer to its 2004 price than this, but obviously some buyer saw value where I didn’t. Good for him.
For What It's Worth 
Very strong number for Macarthur. Can’t believe it sold for even close to asking
Out of town buyer? Havemeyerphile? Guess we’ll see when it closes.