The only surprising things about the price cut this weekend at 171 Greene Avenue in Clinton Hill are that it took this long and the reduction was only 5 percent-ish. When we first discussed this floor-thru condo between Washington and St. James in Clinton Hill last August, we couldn’t believe that they were asking about $1,000 a foot. Now, nine months later, they’ve lowered the prices: Apartment 2 has gone from $745,000 to $707,750 and Apartment 1 is down to $736,000 from $775,000. We think that Apartment 2 is still a stretch but that there might be some interesting in the larger, ground-floor unit with a (rather small) yard. We’ll see. We did get a chuckle out of the fact that the listing uses a drawing of the facade rather than a photo of the real thing. (We’ve included one from our own collection.) Why do some people wait so long to bring down a price that was so obviously delusional from the start? Think of the carrying costs.
171 Greene Avenue, Apt. 1 [Prudential Douglas Elliman] GMAP P*Shark
171 Greene Avenue, Apt. 2 [Prudential Douglas Elliman]
Condo of the Day: Another Greene Ave Joke [Brownstoner]