Park Slope price per sq. foot- what is reasonable?

I know none of us know the future. But if you were a real buyer in PS right now, what price per square foot would you be considering paying on a house?

We are considering putting in an offer around $670 per sq. ft on a smallish brownstone (3 floors). We are hoping that will protect us from a market downturn, as it is likely about 15% less than the average ppsf right now.

Does that sound reasonable? Or is it more reasonable to expect the ppsf to go even lower? This is in move-in condition and in a nice part of the Slope.

(NO guarantees the owners won’t laugh at us with our offer, but realistically, we don’t HAVE to buy so we want to buy only at a safe price.)

Any opinions?

By U510545 |