House of the Day: Trying Again at 204 Washington Park

2 million.

Tops.

Posted by: guest at October 10, 2007 1:45 PM

Houses half the size on less desireable blocks are on the market for well over 2 mil. If SRO status can be worked out, I bet the house sells for over 2.5.

Posted by: guest at October 10, 2007 1:51 PM

Oh why oh why do brokers try to use big words? "Vaux and Olmsted's infamous 30-acre Fort Greene Park..." Infamous is not a desired feature.

Posted by: guest at October 10, 2007 1:52 PM

it's funny they used the word infamous.

it certainly was up until about 5 years ago.

now it's a dirt pile.

this price is absurd...even for ft. greene. you can get homes right off the park in park slope for this price.

Posted by: guest at October 10, 2007 2:00 PM

ha ha infamous - that's funny. seems crazy that they use a photo of a messy room with unmade bed for a 2.9 million listing. not to be anal, but really!

Posted by: guest at October 10, 2007 2:00 PM

Has the stoop railing/banister been painted over or is it a concrete reproduction? What's up with it?

Posted by: guest at October 10, 2007 2:14 PM

Actually, I like the photo of the open desk drawer blocking the view of the fireplace. Looks like she's WORKING for her 6%.

Posted by: guest at October 10, 2007 2:14 PM

Could they at least have spent an hour (30 minutes even) clearing up before taking those interior photos?

Sorry, but who's gonna drop $2.9m on a house with layers and layers of varnish and old paint to strip off all the surfaces, crappy hardware to remove from the pocket doors, ugly spiral staircases, a tacky looking pass-through, overly glossy floors and cheap aluminum windows. And that's just what we can see in the pics. Who knows what other horrors are lurking out of sight. $1.75m would be a fairer price.

Posted by: guest at October 10, 2007 2:14 PM

A question re: the SRO issue. If it's delivered vacant, what are the chief differences between financing and carrying costs for an SRO vs. a three family? Higher mortgage? Higher insurance? Bigger down payment? Corcoran had an SRO for sale in Crown Heights for 1.1, which looked pretty good, but didn't sell right away.

Posted by: guest at October 10, 2007 2:15 PM

So an SRO is worth almost 3 million nowadays?

Posted by: guest at October 10, 2007 2:33 PM

only worth it to the fool that buys it, 2:33.

Posted by: guest at October 10, 2007 2:34 PM

Ok, here's where my head starts spinning: this house, an SRO in need of some serious reno work and total overhaul, with basement flooding issues (see previous HOTD comments) is listed for $2.9, when 181 Washington Park (the opulently renovated move-in beauty a few houses over) closed in June 2007 for $3.03. WTF are brokers and sellers thinking? This is totally insane. Doesn't anyone check comparables anymore?

Posted by: guest at October 10, 2007 3:20 PM

Yes, Ms. L's house referred to above was deee-uhn! I was in there while it was going on. It was a major gut reno overhaul...(Wasn't my taste in the end but whatever...).

I am astonished, as are many above, at the photos of this place!!! "Infamous" must have been in reference to the interior view, not the exterior view. Ugh! The noive!

Posted by: guest at October 10, 2007 3:37 PM

This is a blow off top. I don't think you will see these prices again.
1.5 will do it.

The What

Posted by: guest at October 10, 2007 3:42 PM

Holy shit. It has officially become cheaper to buy a fixer-upper in Park Slope than in Fort Greene. Fantasy!

Posted by: guest at October 10, 2007 3:52 PM

"So an SRO is worth almost 3 million nowadays?"

An SRO one block from the projects is worth 3 million nowadays. Sheer lunacy. Park Slope here I come.

Posted by: guest at October 10, 2007 3:56 PM

no, not official yet, 3:52 because there is no way in hell this is selling for anything close to this price.

they are asking for the same prices...just not getting them.

last i checked, ft. greene was not listed as one of the top 10 neighborhoods in the u.s. so it seems like a no brainer where to go if you've got the cash...

Posted by: guest at October 10, 2007 4:18 PM

I can't fathom how a run-down former (?) SRO in need of a total gut, that is 1 block away from the projects, is asking this price.

Posted by: guest at October 10, 2007 4:33 PM

"WTF are brokers and sellers thinking?"

WTF are buyers thinking? They're the ones ( http://www.youtube.com/watch?v=sbb_95gPWCE ) that make it possible.

Posted by: guest at October 10, 2007 5:07 PM

OKAY...okay...too expensive...and I too was critical above...but it will sell...let's not browbeat the poor house too badly just b/c the RE broker priced it too high and couldn't get it together to spruce the place up a little.
It's not a complete dump, no? And it's not clear it needs a "total gut" (per 4:33PM). Should be in the low 2s...

Posted by: guest at October 10, 2007 8:15 PM

i don't think ft. greene is at the low 2's yet.

shouldn't be anyway.

not for anything but spectacular.

Posted by: guest at October 10, 2007 8:18 PM

you could get one of the NICEST places in park slope.

that's what's so insane about this price.

Posted by: guest at October 10, 2007 8:52 PM

If you buy this $2.5M place in FG, it's a bargain because you'll probably also get shot in the face for free.

If this house was a hooker, I would piss on her.

Posted by: guest at October 10, 2007 9:43 PM

So now we know how much it costs to get fucked in the ass in Fort Greene:

$3 million

Posted by: guest at October 10, 2007 10:42 PM

"railing" connotes metal to most people.
Balustrade might be a better word.

Posted by: guest at October 11, 2007 9:21 AM

"Actually, I like the photo of the open desk drawer blocking the view of the fireplace. Looks like she's WORKING for her 6%"

Oh, I seriously doubt this agent is getting 6%. 4% maybe....3% but they aren't co-broking if so.

Posted by: guest at October 11, 2007 10:02 AM

I'm pretty sure that, in the general living room photo, you can see a pair of discarded manties on the floor. Nice.
If you're going to charge insane prices, you have to at LEAST put on a good show. These pics are so embarrassing.
Julius Knipl was ahead of his time: now more than ever the world needs real estate photographers.

Posted by: guest at October 11, 2007 10:38 AM

The park is infamous because of what's buried underneath it, and what goes on in it during the wee hours, ie. adult hopscotch. But I wdnt expect a realtor to comment on that unless s/he's into that kind of thing.

Posted by: guest at October 11, 2007 11:01 AM

so you can get fucked in the ass when you buy this place, then go to the park and get fucked in the ass again!

Posted by: guest at October 12, 2007 12:14 AM

what's buried underneath it?

Posted by: guest at October 12, 2007 12:23 AM

voldemort

Posted by: guest at October 13, 2007 1:22 AM

i agree this house is way overpriced. but when will you realize that some people would rather live in FG than park slope? better park access and it's closer to manhattan.

Posted by: guest at October 15, 2007 7:24 PM

"better park access" --come on, I actually really like Fort Greene for what it is and what makes it different from Park Slope, but to compare Fort Greene Park to Prospect Park is ridiculous.

Posted by: guest at October 15, 2007 8:03 PM