House of the Day: 79 1st Place

What’s the highest price for a brownstone in Carroll Gardens to date? The reason we ask is that today’s House of the Day may be a contender. The five-story, 25-by-64-foot house at 79 1st Place has held onto its architectural detail much better than a lot of the places in the neighborhoodat least on some of the floors. It’s not all moldings and marble: Since it’s a five-family, there’s been some fall-out from chopping the place up and some of the rental space doesn’t look quite as nice as the parlor floor. But still, you’re looking at 6,400 square feet in an increasingly desireable location. Is the asking price of $3,950,000 realistic? $700 a foot for a place that’s going to cost more to convert back to a two- or three-family (no single family needs this much space!) seems a little high to us.
79 1st Place [Douglas Elliman] GMAP P*Shark
Feb 06, 2012 | 12:32 PM