26 south oxford street fort greene 12015

26 South Oxford Street must have been quite a pad when it was originally built. The limestone facade is beautiful indeed. It’s a little less impressive on the inside these days, where the former mansion has been divided into apartments. A garden floor duplex has just come on the market asking $1,150,000.

The lower level faces the rear (and thus benefits from a private garden) while the garden level faces the street. While the lower level has been gut renovated, the garden floor still has enough original detail to conjure an old-world vibe. What do you make of the pricing?

26 South Oxford Street, #1A [CORE] GMAP


What's Your Take? Leave a Comment

  1. This really does not make sense on many levels.
    1. It is a Co-op
    2. The Financials for this building is like lifting a band aid to reveal bad scare.
    3. The hallways need painting and new carpet.
    4. The command charges are ridiculously high.
    5. It is a Co-op w/miserable other shareholders.
    But, the exterior is beautiful and the location is prime.

  2. “Now, during that time, 30 year Mortgages went from 6.41% to 3.66%”
    And Housing prices went up because lower interest rates = higher prices.
    “If by your logic that Prices come down when Interest comes down,”
    I think your suffering form Attention Defect Disorder, you need to re-read my comment until you can understand it.
    “So, if housing prices comes down with Interest rates going up AND housing prices comes down when interest rates goes down.
    Please do me a favor, get a calculator and do some basic Math.

    The What
    Someday this war is gonna end…

  3. I hate to tell you, but housing prices peaked in 2006-7 and fell for the next 6 years. Here is the Chart: http://www.economist.com/blogs/graphicdetail/2014/02/us-house-prices

    Now, during that time, 30 year Mortgages went from 6.41% to 3.66%. Here is the Chart on that: http://www.freddiemac.com/pmms/pmms30.htm

    If by your logic that Prices come down when Interest comes down, then how do you explain that housing prices came down when interest rates came down for 6 years?!

    So, if housing prices comes down with Interest rates going up (your comment above) AND housing prices comes down when interest rates goes down…..

    I think you can connect the logic here, no?

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