When we see this pristine, 4,000-square-foot brownstone on Berkely Place priced for $2,195,000 it makes us worry for some of the houses in other nabes like Fort Greene or Carroll Gardens that are trying to get the same price. Before everyone goes all nutso on us, Yes, we realize not everyone wants to live in Park Slope with baby strollers, blah, blah, blah, but the fact remains remains that the North Slope above Seventh Avenue is one of two true blue-chip areas in Brooklyn. Seeing a house as large and in as good shape for this price in this area makes us wonder about the comparable ripple effect through outlying neigborhoods. And what does this say about the overall market downturn? Our guess is this would have been $2.6 million at the peak which would imply a decline of 15% or so. Are you buying our analysis?
38 Berkeley Place [Warren Lewis] GMAP P*Shark