House of the Day: 64 Prospect Place
Here’s a nice two-family in Park Slope for under $3 million. Then again, the Queen Anne house is smaller than your average brownstone so the asking price of $2,650,000 only gets you 2,910 square feet of living space. Nonetheless, the exterior and parlor floor have charm galore and the garden apartment generates $2,200 a month….
Here’s a nice two-family in Park Slope for under $3 million. Then again, the Queen Anne house is smaller than your average brownstone so the asking price of $2,650,000 only gets you 2,910 square feet of living space. Nonetheless, the exterior and parlor floor have charm galore and the garden apartment generates $2,200 a month. There was an open house yesterday. Anyone make it?
64 Prospect Place [Corcoran] GMAP P*Shark
Ill pay 1.3 million for it. HOPE HOPE.
12:14 – using the city’s “market value” is meaningless – Property Shark says as much. That said, I can’t understand how the sellers justify a jump of $600K in one year in this uncertain market. The house does look pretty but the school zone is not great, and since this looks like a family place (with a rental so presumably the buyers would not be ultra-rich), I wouldn’t automatically assume a family moving in would want to do private school.
it is only valued at 1.3M by the city.
what the f*#k is “juju”?
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i’d don’t understand how it’s bad juju to mention that you don’t want to be renting in your old age because it would be good to be as stable financially as possible when inevitable health problems arise more frequently, but it’s not bad juju for 90% of people on this blog to take pleasure in the fact that some people are losing major value in their homes across this country, are foreclosing, and in some cases becoming homeless.
think about that next time you gloat that the world is coming to an end.
it’s fine to be realistic that we might be in for a price correction, but don’t sound so excited about it, or your juju is just as fucked.
Absolutely love this house…so much more interesting than most of the brownstones…and yet, I DO think a lot of the posters are correct about the price and the really uncertain shape of the economy.
Those who can afford a 2.6 million dollar home didn’t get rich by throwing away money. Unless you’re superrich and this is just a drop in the bucket, you’ve got to take into account that uncertainty.
This would be a great house to track. I’d be surprised (but not shocked) if it sells for over 2.2 million, if only for its unusual design.
In response to 8:02 – the guy who sold house to current owners in 2007 buys brownstones and renovates them to sell. So it is unlikely that these owners did anything, definitely not the major kitchen and bath renos – he’d have done them already. Maybe they planted a garden.
Perhaps they just see that (maybe) the market is up, and (maybe) they can make a nice profit by selling, or maybe they fear that the market will go way down, as others on this forum seem to think, and figure they’ll get their equity out now.
Or maybe they are moving away for reasons completely unrelated to real estate prices – it happens.
Interesting that the majority of contributors on this post just speak in economic terms – basically, just short term investors. There are social and other terms to consider. What we’re going through is a natural correction – just like when you turn forty – the “oh, shit” period. If you were looking to flip – then worry – if you are settled, then relax – it’ll be ok. Our ancestors didn’t get from buying houses for pennies to us buying for millions w/o alot of these moments in the past. The trust fund babies did not get those downfalls from great grands who did not take risks. It’s all good. Stop ranting so much – take time to think and reflect a little. Stop ranting – PLAN and THINK!