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August 2, 2007
House of the Day: 204 Washington Park
This five-story brownstone at 204 Washington Park will be an interesting test for the Fort Greene market. Priced at $3,100,000, the house is 23 feet wide and overlooks Fort Greene Park. The Corcoran listing claims it's 6,900 square feet but, unless there's an extension they're not telling us about, it's hard to see how it's much over 5,000 square feet. Either way, $3 million is a huge psychological milestone for the neighborhood. A very similar brownstone just down the block at 181 Washington Park closed for $3,037,500 in June, so it can be done. But, remember, that place had been renovated to perfection. Corco would do well to add some interior photos to the listing.
204 Washington Park [Corcoran] GMAP P*Shark
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Comments
In Property Shark, why are some buildings listed as having 4 floors when they have 5 floors? Sometimes the English basement is counted as a floor and sometimes it's not. What's the reasoning behind that?
Posted by: Emily at August 2, 2007 2:25 PM
A basement is any level that is partially subteranean. A cellar is any level that is more than 50% subteranean.
The correct way to refert o these houses is four-stories-plus-basement.
But that is not fabulous enough for a real estate ad.
Posted by: Anonymous at August 2, 2007 2:34 PM
Guess where the new owners of 181 came from? A house on the "best block" in the city. Someone who doesn't share the common wisdom (on this borad) that Wash Park isn't the premier block in FG!!!
Posted by: Anonymous at August 2, 2007 2:44 PM
I know this is not a concern for most people, but what do runners in Fort Greene do? As a regular runner, I'd have a hard time living somewhere in Brooklyn not adjacent to Prospect Park, and I couldn't see looping around FG park again, and again, and again...
Posted by: Anonymous at August 2, 2007 2:59 PM
The Real Estate Bubble is over.
Posted by: The What at August 2, 2007 3:03 PM
it's fun looking back at the comments people made on this house back when it was listed..."will go for $2.25MM" is my backward glance favorite...
some people did nail it like "$3mm tops"...but the number of way off comments outnumber the right comments by a 3:1 ratio at least...
guess this should be a lesson to readers of the blog (or maybe all blogs) in general...
Posted by: Anonymous at August 2, 2007 3:07 PM
I agree about running. I run too and Prospect Park is the only viable running park I know of in Brooklyn. There were some days this past winter when I was the only person running the loop since it was so cold.
Posted by: Anonymous at August 2, 2007 3:40 PM
It is only 1.3 miles up Vanderbilt Ave to the Prospect park loop. Its about 6 miles from washington park to the prospect park loop and back. I also run from Washington Park over the brooklyn Bridge and back which is about 4.8 miles.
Posted by: Anonymous at August 2, 2007 4:18 PM
I don't get the posting about the new owners of 181 Wash PArk. Where did they come from?
Posted by: Anonymous at August 2, 2007 4:21 PM
S. Portland, according the the poster above.
Posted by: Anonymous at August 2, 2007 4:46 PM
I live very nearby - the house is 23 by 50, with an 8 foot extension on garden and parlor floors, bringing square footage to 6100 (from the exterior). Horrendous renovation, permits not closed out because huge code violations (electric and others), still has SRO C of O (hence the B&B reference by Corcoran), boiler violations, repeated flooding of garden and parlor floors (garden not occupied as a result), configured as rentals on every floor except 4/5 floor duplex. Have an engineer look VERY HARD at this house.
Posted by: Anonymous at August 2, 2007 4:47 PM
JOKE! THIS IS ALL A JOKE! THERE IS NO EXTENSION. TRUE MESS! BUYER BEWARE!
Posted by: Anonymous at August 2, 2007 5:19 PM
For the runners, isnt there a track at the field where bklyn tech students play ball at fulton and clermont/vanderbilt? i thought my tenant says she runs there.
Posted by: marjorie at August 2, 2007 5:48 PM
Only recreatinal runners run on a track. Real runners need a park or trails. We run on the track only for speed work.
Posted by: Anonymous at August 2, 2007 5:56 PM
well if things keep up, i think it's becoming less expensive to live in park slope than ft. greene, anyway.
i haven't seen but a townhouse or two break the 3 million mark there.
Posted by: slopehead at August 2, 2007 6:01 PM
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