« Open House Picks: Six Months Later Three Years Ago on Brownstoner »
November 21, 2008
Open House Picks
Carroll Gardens
402 Degraw Street
Brooklyn Bridge Realty
Sunday 12-1:30
$1,749,000
GMAP P*Shark
Clinton Hill
26 St. James Place
Brown Harris Stevens
Sunday 1-2:30
$1,350,000
GMAP P*Shark
West Midwood
663 Argyle Road
Mary Kay Gallagher
Sunday 2-4
$1,050,000
GMAP P*Shark
Bedford Stuyvesant
132 Quincy Street
Corcoran
Saturday 1:30-2:30
$799,000
GMAP P*Shark
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Comments
Mr. B.,
The Quincy Street Links to the Rugby Road house.
Posted by: TownhouseLady at November 21, 2008 1:09 PM
Thanks. Fixed now.
Posted by: brownstoner at November 21, 2008 1:12 PM
This Mary Kay Gallagher listing is for 663 Argyle. She also has 663 Rugby, which is the former group foster home that burned down, was renovated, and has been on the market for many months now.
Posted by: Sparafucile at November 21, 2008 1:21 PM
The 663 Rugby Road realtor link says the house is at 663 Argyle Road (admittedly not much of a difference, but which is correct?).
Posted by: ProfRobert at November 21, 2008 1:23 PM
Sloppy effort today! Sorry.
Posted by: brownstoner at November 21, 2008 1:30 PM
Honestly...I feel like all these prices are reasonable.
Posted by: 11217 at November 21, 2008 1:30 PM
The Quincy Street place looks great.
Anyone wanna go halfsies on it with me?
Posted by: TD at November 21, 2008 1:32 PM
Corcoran list the Bedford Stuyvesant house as Clinton Hill
Posted by: Amzi Hill at November 21, 2008 1:34 PM
The house on Argyle looks pretty sweet, although it's a bit too close to Foster for my taste. For comparison's sake, 766 Argyle went for $925 a few weeks ago.
Posted by: westminster at November 21, 2008 1:35 PM
Guess what? This is the last week for 2008 House selling season. The next round of selling will happen on Jan 2, 2009.
The holidays are approaching and this is the time to reflect on the implosion of the Mutant Asset Bubble and the collapse of the American Economic system in 2009..
Happy Holidays Assats!
The What (But... but... the bank said I could keep my house)
Someday this war is gonna end...
Posted by: Return of The What at November 21, 2008 1:41 PM
Guess what? This is the last week for 2008 House selling season. The next round of selling will happen on Jan 2, 2009.
The holidays are approaching and this is the time to reflect on the implosion of the Mutant Asset Bubble and the collapse of the American Economic system in 2009..
Happy Holidays Asshats!
The What (But... but... the bank said I could keep my house)
Someday this war is gonna end...
Posted by: Return of The What at November 21, 2008 1:41 PM
'This home is very unique and is a legal two family with SRO mix which means that part of the house was historically used as a "single room occupancy", but it is also a legal two family residence.'
-Quincy Street House
WHAT????
This statement doesn't make any sense.
'This home is currently configured as a three family with owners duplex, a simplex apartment floor-through on the third level, and another duplex on the 4th and 5th floors!'
So, it's a two-family with an SRO mix, set up as a three-family.
Posted by: bayridgegirl at November 21, 2008 1:49 PM
Amzi Hill that is classic broker false advertizing to justify over inflated pricing. "Corcoran list the Bedford Stuyvesant house as Clinton Hill"
11217 on the contrary we feel like these prices need to be reduced significantly in this economic climate. For example we bet the sellers will jump at any offer over $1.2m for 26 St. James Place (It's a 6 family with RS tennants in 2 apts). But hey time will tell right?
Posted by: pierre de taille at November 21, 2008 1:54 PM
"For example we bet the sellers will jump at any offer over $1.2m for 26 St. James Place (It's a 6 family with RS tennants in 2 apts). But hey time will tell right?"
Hey Pepe Lepu, here are they going to get the financing for a SRO????
hey is the beautiful days of 2005 SRO's was hard then..
The What
Someday this war is gonna end...
Posted by: Return of The What at November 21, 2008 1:59 PM
"For example we bet the sellers will jump at any offer over $1.2m for 26 St. James Place (It's a 6 family with RS tennants in 2 apts). But hey time will tell right?"
Hey Pepe Lepu, where are they going to get the financing for a SRO????
hey is the beautiful days of 2005 SRO's was hard then..
The What
Someday this war is gonna end...
Posted by: Return of The What at November 21, 2008 1:59 PM
BRG again this is classic broker hyperbolic rubbish to soften the impact that the home is indeed nothing but an SRO...@ least in lending terms. C of O likely will show sro.
Ditto for st James Pl house..Ah la vie n'est plus en rose eh Corcoran?
Posted by: pierre de taille at November 21, 2008 2:02 PM
Yes What that is the point we were trying to make; these sellers need all cash buyers and we know there are infinitely very few of those around these days. We predict if this place sells it will be after significants price reductions and other concessions.
Posted by: pierre de taille at November 21, 2008 2:08 PM
What would these have sold for in 1996? That's a good starting point for negotiations.
Posted by: williamsburgguy at November 21, 2008 2:09 PM
Pierre... please explain this one to me...
"infinitely very few"
say what?
Posted by: TD at November 21, 2008 2:24 PM
Pierre...you're right. There is no CofO, DOB lists it as an SRO and there is no DOB job filing that converted it to a 'legal two-family' as Cocoran claims it is.
http://a810-bisweb.nyc.gov/bisweb/PropertyProfileOverviewServlet?boro=3&houseno=132&street=quincy+street&requestid=0&s=A03C41B885B461E4F46BD08866A7430E
When will the deceit end in this crazy world of real estate.
Posted by: bayridgegirl at November 21, 2008 2:24 PM
Pierre...you're right. There is no CofO, DOB lists it as an SRO and there is no DOB job filing that converted it to a 'legal two-family' as Cocoran claims it is.
http://a810-bisweb.nyc.gov/bisweb/PropertyProfileOverviewServlet?boro=3&houseno=132&street=quincy+street&requestid=0&s=A03C41B885B461E4F46BD08866A7430E
When will the deceit end in this crazy world of real estate.
Posted by: bayridgegirl at November 21, 2008 2:26 PM
Quincy Street has been on the market for AGES and seen several price drops. Don't touch it!
Posted by: househunt at November 21, 2008 2:27 PM
TD we were trying to emphasize how miniscule the amount of such buyers are around these days. But thanks for pointing out the gaffe we are sure you will get the point.
Posted by: pierre de taille at November 21, 2008 3:17 PM
I'm glad to see I'm not the only one who thought WTF concerning the Quincy St. house. $799k in this market for an SRO broker-babble listed as "a legal two family with SRO mix..." Yeah, okay. I'll bet Corcoran also has someone who can get you a mortgage for this place.
Posted by: i_heart_brooklyn at November 22, 2008 1:30 AM
broker is an a$$ not only for the psychobabble about SRO but he has the wrong day on the open house. he didn't show today, its on sunday......whole bunch of unhappy folks walked there in the cold today.
Posted by: chasa at November 22, 2008 6:32 PM
hi i'm new to this , can someone explain the deal with 132 quincy , two family/sro mix ? why is this deemed to be such a bad purchase ,why do you say they need cash buyers , thank you for any advice ,
Posted by: jimw at November 25, 2008 7:28 PM
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