Clinton Hill Mansion Drops to $7.5M

Remember the striking red and white mansion at 278 Clinton Avenue that was asking $10,000,000? You may also recall it has 31 rooms and is divided into seven units. Not to mention it is 35 feet wide on a 60 foot by 105 foot lot — and it has a two-car garage. It was a Brownstoner Building of the Day back in 2010, and at that time we identified it as a Queen Anne with Neo-Grec elements, built around 1884 or so. Despite its size and provenance, the property has had a major price chop and is now listed at $7,500,000. That’s still quite a high ask for this area, even considering the property’s size and location on Clinton Avenue. Do you think it’s enough of a cut to get the deal done?
House of the Day: 278 Clinton Avenue [Brownstoner]
Building of the Day: 278 Clinton Avenue [Brownstoner]
278 Clinton Avenue Listing [Corcoran] GMAP P*Shark

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