Price Cuts on 2 of This Week's Houses of the Day

clinton hill 1 clinton hill house
Did anyone else notice that Aguayo & Huebener has dropped the price of Tuesday's House of the Day to $995,000 from $1,060,000? Oh, and looks like yesterday's Windsor Terrace house has been marked down $100K to $1,600,000 too.
House of the Day: Clinton Hill Brick [Brownstoner]
Enchanting Gem [Aguayo & Huebener]
House of the Day: A Lot for That Muffler [Brownstoner]

Comments

If they could get it down to about 750K, might be worth it.

Posted by: clintonhillbilly at July 15, 2005 9:30 AM

Moving markets, Stoner

Posted by: Anonymous at July 15, 2005 9:46 AM

I think it is more accurately "moving asking prices." These homes were not worth what the overly optimistic owners thought (overly optimistic in the sense that they hoped to find an idiot to pay their unreasonably high asking price). Usually, sellers damage the image of their homes when they ask way too much and then have to start cutting the asking price because, hey, there really aren't that many idiots out there willing to pay the ridiculous price.

Posted by: Anonymous at July 15, 2005 10:01 AM

Also, I think you could pick up the house on Joralemon for under asking. It that was featured here some time ago for 2.5mm. The owner weighed in suggesting that he thought he'd get a bidding war, but it's still listed with corcoran and Brown Harris (I think). Maybe some people were right about that waterfront park being a burden on Willowtown homes.

Posted by: Anonymous at July 15, 2005 10:49 AM

Yes, this is shocking...a dump in a crap neighborhood. What's shocking is that this wreck hasn't been reduced more.

Posted by: Anonymous at July 15, 2005 10:54 AM

hey! that's not fair, neither house is a dump and neither windsor terrace nor the south slope/greenwood are crap neighborhoods.

they both seem like really nice houses, just really overpriced. this part of brooklyn has been really nice for at least the last 20 or 30 years, possibly longer. relatively low crime, near the park, etc; not a great commute, though.

neither area is as yuppie as the center slope, but it doesn't mean they're bad areas.

Posted by: Sloper at July 15, 2005 11:05 AM

IMHO, the problem with the Joralemon Street house for $2.5mln, which I saw at an open house:

1) Too close to the elevated BQE

2) Not a great renovation. New kitchen, but already the cabinets were in crummy shape. No central A/C. Low-end bathrooms. Overall feeling that they did a quick cosmetic renovation, but did not pay attention to details. Also, it is not a large house (I think 20' wide and maybe 35' deep)

Posted by: Anonymous at July 15, 2005 11:11 AM

I referring to the dump in Clinton Hill...

Posted by: Anonymous at July 15, 2005 12:28 PM

I was responding to the comment from 10:49am re: Joralemon

Posted by: Anonymous at July 15, 2005 12:33 PM

Is someone calling Clinton Hill crap neighborhood? Why do you have such a strong opinion ?
Please explain

Posted by: malymis at July 15, 2005 1:46 PM

I believe Clinton Hill is absurdly overvalued for an emerging neighborhood. We're seeing Cobble Hill-type prices and "Clinton Hill sir, you are no Brooklyn Heights."

Posted by: Anonymous at July 15, 2005 2:59 PM

Ch is expensive true.
But it does not compare to BH. In CH you can buy 5 story, mint condition, great details in the best street (Clinton or Washington) for around 1.8. I don’t think you 1.8 would take you that far in BH.

Also CH is definitely cooler, but it is a personal feel.

Posted by: malymis at July 15, 2005 3:24 PM

Clinton Hill emerged long ago, sir.

Posted by: Anonymous at July 15, 2005 3:25 PM

"Clinton Hill, sir, you are no Brooklyn Heights."

...and would never aspire to be--Clinton hill is WAY cooler, more diverse, more edgy, more hip...

Prices in CH have gone up way too fast--and continue to escalate at the speed of light. Blame the realtors--and the buyers.

The neighborhood definitely has a lot of catching up to do in terms of schools, restaurants, shops, bars, crime prevention and basic services, but it will get there.

Brooklyn Heights is fine, but we got the flava

Posted by: clinton hillbilly at July 15, 2005 3:28 PM

I think restaurants in Clinton and Fort Green are one of the best in whole Brooklyn, they have vibe. And commercial streets are not so crap out with useless stuff like 7 av in PS or Smith Street.

Other think i like about CH its diversity, you can not say it about Cobble Hill.

Posted by: Anonymous at July 15, 2005 3:53 PM

Whatever. It's all personal perference. I like walking over to Smith Street from my house in Brooklyn Heights, but I definitely prefer living in my area. Of course, that means absolutely nothing to you, dear reader. Which is true of all issues of personal taste. Do you prefer Clinton Hill over Brooklyn Heights? If you do, then I hope that you live in CH and not in BH. Otherwise, you're not living your life to the fullest. Go ahead and be daring -- get those things that you value more highly.

Posted by: Anonymous at July 17, 2005 11:51 AM

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July 15, 2005

Price Cuts on 2 of This Week's Houses of the Day

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