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Yet Another Love Lane Mews Condo Sells for Over Ask

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Love Lane Mews is quickly turning into the 15 Central Park West of Brooklyn in that everybody who buys there seems to walk away with a huge profit a few years later. Apartment no. 3G, for instance, was purchased for $2.04 million in mid-2012, listed for $2.675 million about a month ago, and just closed for $2.97 million (a whopping $1,759 per square foot). It went into contract in one week, reports brokerage TOWN Residential, who facilitated the sale. Just another day in the life of Love Lane Mews, where owning a condo for 25 months and ended up with 45 return on investment is par for the course. And it's still not even close to being the most ridiculous sale in the building this summer.

· 9 College Place #3G [Town, via Streeteasy]
· Love Lane Mews coverage [Curbed]

9 College Place

9 College Place, Brooklyn, NY