« Brunching in Bed-Stuy Friday On The Record »
March 16, 2007
Open House Picks
Park Slope
532 3rd Street
Brown Harris Stevens
Sunday 1-3
$2,600,000
GMAP P*Shark
Clinton Hill
54 Irving Place
R.J. Chappell Realty
Sunday 2:30-4
$1,095,000
GMAP P*Shark
Bedford Stuyvesant
385 Madison Street
Corcoran
Sunday 1-3
$815,000
GMAP P*Shark
Sunset Park
323 51st Street
Hot Homes Realty
Saturday 1-2
$749,000
GMAP P*Shark
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Comments
The third street house looks lovely and the block is fine, of course. But I like the price comparison with this similar house: http://newyork.craigslist.org/brk/rfs/294321083.html
Posted by: Gary at March 16, 2007 11:43 AM
Is it me, or does the 3rd Street house seem like a steal (for someone with that kind of money, I mean.) Usually don't houses on 3rd Street go for upwards of 3 million?
Posted by: Anonymous at March 16, 2007 11:53 AM
gary--PLG house may be a lot cheaper but it's a one-family!
Posted by: anon in S Slope at March 16, 2007 12:15 PM
Very similar houses Gary. I guess location, location, location counts for the price being half as much.
Posted by: Anonymous at March 16, 2007 12:15 PM
Since those of us who choose to live in Park Slope rather than the objectively superior Lefferts Manor do so only out of conformism, materialism and abject racism, the $1 million greater asking price for the Third Street house is an appropriate punishment.
Posted by: linusvanpelt at March 16, 2007 12:23 PM
good one, linus.
Posted by: Anonymous at March 16, 2007 12:25 PM
and your point being S Slope?
(since 3rd St and LM houses are both 1 family)
Posted by: Anonymous at March 16, 2007 12:26 PM
Re: 3rd St. Sorry, what am I missing here? Prop Shark has square footage at 2730, which puts this at $952/ft. No garden apt. and the kitchen's nothing special. Unless it's in spectacular condition, sounds steep.
Posted by: Anon at March 16, 2007 12:27 PM
Irving Place isn't really in Clinton Hill, is it? I think it's actually Bed-Stuy. Doesn't really matter, but it's a bit of false advertising.
Posted by: Park Sloper at March 16, 2007 12:50 PM
I've seen the Irving Place house and it has promise but definitely needs a lot of work. The parlor floor has good bones but there are some random non-original walls making it into a sort of rabbit warren (the broker said we should feel free to bring in a contractor and s/he could take a sledgehammer to them). The owner's kitchen has a 60's faux-stone wall and old cabinets and appliances but was large. The 3rd floor apartment is in pretty bad shape but I believe it is only a legal 2-family anyway. The broker seemed like a straight-shooter.
Posted by: Ms. Brooklyn at March 16, 2007 12:56 PM
Third Street Kitchen is really horrible for a house that otherwise looks great. Florescent lighting and bad, cheap looking cabinets and counter-tops. I don't get it.
Posted by: anon at March 16, 2007 1:28 PM
That sunset park house is quite a steal. Only 750K to have the BQE about 50 feet from your bedroom window, plus convenient access to the diverse selection of drug dealers and prostitutes that purvey their wares underneath. Let me go get my checkbook right now.
Posted by: Anonymous at March 16, 2007 1:30 PM
irving is in clinton hill, check the map. classon is the border.
Posted by: Jimmy Legs at March 16, 2007 1:31 PM
The Sunset Park house is certainly not as bad as the poster above. However, that price between 3rd and 4thnear the BQE is a little high.
Posted by: Anonymous at March 16, 2007 1:34 PM
My mistake, Jimmy Legs. I thought Irving was on the far side of Classon.
Posted by: Park Sloper at March 16, 2007 1:42 PM
Third Street has always been a triple prime block and historically one of the most expensive in the slope, LFM is lovely, but the neighborhood is a lot smaller than the slope, and it has always traded at a discount. I remember looking at a gorgeous limestone in LFM 6 years ago for under $500k - at a time when 3rd street was over 1Mil and well out of my price-range (still is). Seems like LFM has more than tripled in that time-frame, where 3rd street has only doubled. I think 3rd street between 7/8th is one of the best blocks in the slope. It's a good deal...too bad I can't afford it.
Posted by: m at March 16, 2007 1:46 PM
For most of the 30+ years I've lived in LM prices were 1/2 of those in PS.It's only in the last couple of years that this ratio has been broken.
Posted by: Bob Marvin at March 16, 2007 4:02 PM
We live in LM and I think that 3rd Street house in Park Slope is gorgeous. Seems to get very nice light, from the photos. Nice vibe. The kitchen ain't too bad.
Posted by: Anonymous at March 16, 2007 4:36 PM
What about the name of the realty company for the Sunset Park house - "Hot Homes Realty". Funny! And provocative. Or is it a play on the word "Hothouse" like in hothouse flowers.
Posted by: Anonymous at March 16, 2007 4:40 PM
It looks like that Lefferts one has an open house this weekend, Sunday, 1-4. Address is 52 Midwood Street, between Flatbush and Bedford.
http://realestate.nytimes.com/+comshare/vulisting.asp?Lid=253-NS703157
Posted by: Midwood at March 16, 2007 5:21 PM
hey, i live right behind that house on midwood!
it used to be a haunted house type of wreck and the owners moved in maybe 1-1/2 years ago and fixed it up very nicely.
Posted by: tripster at March 16, 2007 7:41 PM
legs and stoner, bedstuy begins east of bedford my friends (west of stuyvesant). east of classon (not to mention irving place), franklin ave and dekalb to atlantic all the way to bedford has been sold by realtors as clinton hill for almost a decade now.
the question is, how do they get that much apartment out of the square footage advertised on the corcoran site for the madison house. seems unlikely.
Posted by: bedstuyguy at March 16, 2007 10:08 PM
It's you, Jose.
Posted by: Anonymous at March 16, 2007 10:45 PM
This is very funny. Most are completely ignoring the Sunset Park, Clinton Hill and Bed Stuy houses, in favor of comparing the Park Slope House to a fabu PLG mansion which has an open house this weekend, but was completely overlooked by Brownstoner.
I guess Brownstoner is not up to policing his blog this weekend. Can't really blame him.
Posted by: Ed at March 16, 2007 11:53 PM
p.s. - the Sunset Park house is only a few doors from 3rd Ave/BQE.
Posted by: Ed at March 16, 2007 11:55 PM
Ah, shoot..I keep forgetting to swing by there.
Once I do remember, perhaps I can snap a pic, dig around a bit and float it for larger discussion.
I will post as soon as I have been able to get over there for a lookie-loo (and some mobile cam snap-fu).
Posted by: Anonymous at March 17, 2007 6:33 AM
You guys are nuts. I live in Fort Greene and attend the police precinct's community council mtgs regularly and they are not having shootouts over there. What are you talking about? Why do you make up such bs and put it on here? That side of the park is just fine. And its going to change radically soon because all along Myrtle near Flatbush there will be new development built and the city is planning a park near there too. Remember Bloomberg wants to make that part of Flatbush so beautiful. Not that I'm in favor of all this new upzoning to make high rises. But that will improve the area over there in terms of aesthetics. Already the Oro condo building is being built near there and is being touted as luxury housing.
Posted by: Anonymous at March 17, 2007 7:43 AM
Agreed, Ft. Greene is awesome. The only reason we ourselves didn't buy there is because we couldn't afford it. No part of Flatbush is that great, whichever neighbohood it's in. It doesn't reflect much about any given neighborhood, to say Flatbush is bad. Flatbush is skanky, it's a given. It's about time the city focused on doing something about it.
Posted by: Anonymous at March 17, 2007 9:23 AM
My eyes are hurting from looking at the maintenace on the Hicks Street apartment. With that number, I'd say the place is about $400K overpriced.
Posted by: Anonymous at March 17, 2007 4:30 PM
LOL
Posted by: Anonymous at March 18, 2007 7:38 AM
Nobody has mentioned the Sunset Park house and everyone was so hot on Sunset Park a few months ago. Is that still the case? It's a pretty building, from the exterior at a distance. The description says "mint condition" but because realtor did not show interior photos it's suspicious. It's hard to believe a house down in the 50's in Sunset Park is "mint" at that price in the first place, and without photos it's like, come on. Doesn't real estate school include a class on writing descriptions that are effective sales tools AND accurate and true? Seems not.
Posted by: Anonymous at March 18, 2007 9:48 AM
The posters to this site (the regular ones, anyway) seem always to have it in for Sunset Park. Why I don't know because it's a wonderful part of Brooklyn.
Posted by: Anonymous at March 18, 2007 5:09 PM
You can thank Robert Moses for making so many of the blocks in Sunset Park less than desirable. Area residents begged him to put the BQE on 2nd Ave. He insisted on 3rd Ave, for no particularly good reason (he claimed he was going to use the infrastructure from the elevated train that had been superceded by the underground at 4th Ave, but that structure was never really suitable for a highway and was ultimately torn down). What were once very nice blocks between 4th and 3rd are now air quality nightmares, between the heavy traffic on 4th and the elevated highway. 3rd Ave. was once a thriving commercial street -- there was the usual commerce beneath the elevated. But no one wants to shop under a six lane highway.
Posted by: SPer at March 18, 2007 5:24 PM
Wait a minute, didn't the Bloomberg administration support a very postitive show about all the great things that Robert Moses did for this city? Are you trying to tell me that taking away people's private property isn't always great for New York? You sound like those people who want to stop the Ratner plan. I say let them chop apart another couple of neighborhoods and bulldoze it all and start from scratch. City planners know better than the rest of us!
Posted by: Anonymous at March 18, 2007 6:07 PM
I posted at 9:48. I don't "have it in" for Sunset Park. I was just being honest about how some neighborhoods including Sunset Park, have been neglected in recent decades. It's hard to believe a house is "mint" as the realtor describes it, when Sunset Park is just now barely starting to attract the kind of homeowners who have the money and the desire to do a gut renovation. That's all. In most parts of Brooklyn if you buy a house, you're buying one that needs a lot of work. There's very very little inventory that's "mint".
Posted by: Anonymous at March 18, 2007 6:42 PM
BedSty house needs a ton of work, the top floor, an addition sometime after orig house was built is not as seen in floorplans, much smaller. The water stains and cracked plaster on the ceiling cry out for repairs and the carpet on the 4th floor is covering some kind of 60's plastic tile.
Not as advertised and $100K overpriced, did I mention the "stained glass door window" is broken and in pieces?
Posted by: bubba at March 19, 2007 7:03 PM
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