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Probably the nicest house for sale in Brooklyn right now, 315 Garfield Place hit the market last September asking $8,500,000 and was reduced to the current price of $7,750,000 back in June. While that’s a tough number in this market (or any, really), consider that the 26-foot-wide brownstone has almost 7,000 square feet of space and has been immaculately renovated. Still, at this rarified price point, it’s more about whether some banker or movie star is going to fall in love and have to have it than rationally comparing it to price per square foot comps around in the area. And given that the current owners paid less than $4 million for the house (pre-renovation, presumably) back in 2006, they can probably afford to be patient.
315 Garfield Place [Brown Harris Stevens] GMAP P*Shark
Closing Bell: 315 Garfield Place, The Movie [Brownstoner]



What's Your Take? Leave a Comment

  1. “As Minard Lafever said, however, I can walk from home to City Hall in Manhattan in 45 minutes, via the Brooklyn Bridge, which is how I commute home most nights, and for which purpose proximity is key for me.”

    Man, you guys are some slow walkers. Bridge is 1.2 miles, I make it in 20 minutes flat, can go faster and cut it down to 17 if i’m in a hurry. Manhattan Bridge about 22 mins,.

  2. Okay, guess I’ll be the contrarian here.

    This house is – for this amount of scratch – rather unremarkable.

    Sure it’s big, but the facade is boring, the stoop is a yawn, the doorway is unremarkable, and the interior detail is underwhelming.

    Where’s the WOW?

  3. Quote: ***keep chuckling over this one. My thinking is that buyers at this price point are not wasting any time online looking at photos! More likely than not, the chosen brokerage is dealing with the prospective high end buyer via the buyer’s personal assistant(s), etc. At the point the prospective buyer gets directly involved, there’s no need to look at online photos to figure out if the house is a match. Instead, it’s on a list of 2 or 3 “A” list properties which have been thoroughly vetted by the “service class.”***

    I think you’d be surprised. If the buyers are old money or just old, then you’re right. But do you think the Google millionaire who bought the Connelly mansion didn’t spend days researching the house, using Zillow, PShark, Gmaps, etc.? The same goes for some controlling young rich hedge fund type. The new money and younger types want information NOW and access to lots of pictures, floorplans, data, etc. In any event, I think it does the sellers a disservice to restrict information and assume an assistant will do the homework.