After five weeks on the market, the four-story townhouse at 370 Park Place in Prospect Heights had its asking price reduced from $1,850,000 to $1,700,000. The interior needs a fair amount of work, it appears, but much of the original detail remains intact. And while the yard isn’t much to look at, it does benefit from sitting on a 131-foot-deep lot, so there’s lots of potential. Interestingly, the same broker has the listing for the house next door as well. After getting a price cut of its own at the end of last week, it’s also now on the market for $1,700,000. As a combo, this might appeal to a developer. The asking prices seem pretty realistic at this point, we’d say.
370 Park Place [Corcoran] GMAP P*Shark
368 Park Place [Corcoran]