House of the Day: 535 1st Street

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It seems to us that much of the anecdotal evidence for a cooling townhouse market has come on the lower half of the spectrum, though that could be more of a function of us paying more attention to the sub-$2 million homes. Anyway, if anyone thought that the higher-end props were immune, think again: This price on this house at 535 1st Street in Park Slope has just gotten an almost 15% percent haircut from the stylists over at Corcoran. Located just off 8th Avenue, the 4,500-square-foot Beaux Arts mansion’s got seven bedrooms and architectural details out the wazoo. We can’t recall how long this has been on the market, but it shows that wealthier buyers (for Brooklyn, anyway) are being more choosey.
535 1st Street [Corcoran] GMAP P*Shark

By Brownstoner |