The Pfizer mansion at 280 Washington Avenue has been on and off the market and all over the price map for almost two years now. The 12,000-square-foot mansion, which is dripping with restored period detail (a little over the top in come cases), started at $3,595,000 in January 2005 before going off the market a few months later; then in February of this year, it burst back onto the scene at $3,995,000, only to be reduced a few months later to $3,695,000. And now last week it dropped by almost another 10% to $3,399,000. Where does it stop? As we’ve said before, it’s not very expensive on a per square foot basis. There just aren’t a lot of buyers looking to drop more than $3 mil on a place in Clinton Hill just yet.
280 Washington Avenue [Corcoran] GMAP P*Shark
House of the Day: 280 Washington Avenue [Brownstoner]
Pfizer Mansion Hitting Market [Brownstoner]