It looks like things ain’t going so well over at 133 Sterling Place in Park Slope. Despite having been on the market since the beginning of the year, there are currently 21 unsold units on broker Sandy Biano’s listings page (which seems like a lot given that Property Shark says it’s only a 17-unit building!). Three of the more expensive ones got big price cuts on Friday but are still far from cheap. There’s no doubt that this is a desirable location and that there is a need for family-sized apartments; perhaps there are just fewer families willing to shell out close to $2 million for an apartment when they can go a couple of blocks across Flatbush Avenue and get a house for that price. When we posted about this place back in March, reader comments ranged from “I saw the model apartment and thought it was quite nice” to “I can’t get beyond the prices.” Presumably more than the model apartment is viewable by now. Has anyone stopped by recently?
133 Sterling Place Listings [Brown Harris Stevens] GMAP P*Shark
Update On The Vermeil [Brownstoner]
Reduced Brooklyn Listings [NateFind]