How low can you go? The aborted house at 1216 Albemarle Road in Prospect Park hit the market over a year ago at $1,900,000. Here’s what we wrote about it at the time:

The original Victorian house was torn down (a fire maybe?) prior to 1965. The land was then divided into three lots and three architecturallly similar shoe-box type homes were contructed. This house is built on the foundation of one of these houses. For some strange reason, Landmarks insisted that the current design incorporate the brick work and first floor window from the 1965 houses into the new design, so what exists there now has been framed out around that 1965 window.

The asking price was knocked down last October to $1,595,000 and then almost immediately to $1,200,000. Now it’s at $990,000. Where does it stop?
1216 Albemarle Road [Mary Kay Gallagher] GMAP P*Shark
House of the Day: 1216 Albemarle Road [Brownstoner]
House of the Day: 1216 Albemarle Road (Revisited) [Brownstoner]