Condo of the Day: Stretching on Wyckoff?

Even if we give the seller the benefit of the doubt that 88 Wyckoff is indeed a lovely “art deco style” building, we have a hard time understanding how to justify the asking price of almost $900 a foot in Boerum Hill. There’s another similar listing in the same building (that we’ve written about before) that’s been languishing on the market for three months or so despite a series of price cuts that has brought the price down to $799,999 from the original ask of $850,000. This one’s asking $875,000 for 985 square feet. Are they over-reaching in a big way or are we out of touch with the co-op market in Boerum Hill? You can see for yourself on Sunday at the open house from 1 to 4 pm.
88 Wyckoff Street Loft [Brooklyn Heights Real Estate] GMAP
Feb 13, 2012 | 10:33 AM