« Different Prices for Similar Spaces at The Edge Interiors: Modernizing a Row House in the Slope »

December 2, 2008

Half-Price Sale on Washington

38-44-Washington-Avenue-1208.jpgWhen we first wrote about this cluster of four characterful buildings at the corner of Washington and Flushing Avenues in April 2007 they were listed for a hefty $6.5 million; we later heard that there had been interest from a couple different parties in the $4 million range but that the seller didn't take it. Too bad: Elliman now has the listing at $3,000,000. Oops.




Posted by Brownstoner at 10:14 AM | Comments (7)
Categories: Clinton Hill, Properties

Trackback Pings

TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/7421

Comments

i love these buildings

Posted by: guestula at December 2, 2008 10:40 AM

you coulda had 4 Mill and now you won't even get 3 mill - a bitter pill to swallow. Hopefully they now won't be razed at least.

Posted by: dittoburg at December 2, 2008 10:43 AM

Oops...up...side ya head...say oops up side ya head!

Sell for 2006 prices now or forever be priced in at 2003. Mirror image of buy now or forever be priced out.

Posted by: 25 to 50 Percent Drop at December 2, 2008 11:08 AM

Maybe this is cheap enough now for someone to buy and not tear down.

Posted by: werner at December 2, 2008 11:27 AM

It won't get torn down. No one is going to get the money for a development in that area of that size in this environment.

Lucky it wasn't bought and torn down because there'd be a hole there for a long time.

Posted by: daveinbedstuy at December 2, 2008 11:29 AM

Has anyone ever been in the Navy Yard Bar on the corner? Two friends stopped in there one night for a beer, and from what they told me, its quite a place. The staff are very "involved" in their work.

Posted by: VH at December 2, 2008 1:25 PM

Oops indeed. That is one bloody hell of a reduction but the thing is it still appears very very expensive today. Ahh what a tough pill to swallow for the sellers but we love capitalism.

Posted by: pierre de taille at December 2, 2008 4:26 PM

Post a comment

Please be patient while your comment is published. It may take a moment.

Latest Restaurant Additions