198RoeblingSt00.jpg
WILLIAMSBURG $725,000
198 Roebling Street GMAP
1,120-square-foot, 2-bedroom, 1-bath condo in a new building; windowed kitchen, high ceilings, hardwood floors, terrace, 2 exposures; common charge $460; 100% tax abatement; listed at $745,000. Broker: Developers Group.

228_8th_st7.jpgPARK SLOPE $1,175,000
228 Eighth Street GMAP
1,810-square-foot prewar townhouse with 5 bedrooms and 2 baths; renovated kitchen and baths, hardwood floors, deck, garden, 20-by-80-foot lot; taxes $1,400; listed at $1,175,000. Broker: Aguayo & Huebener.
Residential Sales [NY Times]
Photo by Gregg Snodgrass for Property Shark


What's Your Take? Leave a Comment

Leave a Reply

  1. reagrding roebling. the concerns were as follows: no water pumps as mentioned in the offering plan (higher floors will not have adequate water pressure – no water when other floors are using water) . wrong electrical service (not enough when a/c dishwasher and microwave are running). wrong appliances (hood missing). underpowered a/c units. wrong water supply entering the building. the list goes on and on. the report was from fall of 2006.

  2. 1:48:

    Show me a bonafide brownstone for $1.175M, and I will show you a bonafide brownstone that is not in Park Slope closer to the park than this house.

    Also, I’m not sure what distinguishes a “greater fool” from someone who “overpays” for a more expensive house. Overpaying is overpaying.

  3. I agree with 10:30, 10:38 & 10:42. Greater fools still lurk. Sometimes buyers are just filthy rich and can afford to “overpay” but such people would not live that close to 4th Ave. It’s three stories and not even a bonafide brownstone. DISCONNECT.

  4. the roebling building is a mess. i was in contract, brought in an engineer (which upset the broker), and realized that very little matched the offering plan. dropped out of contract. i have the engineer’s report (costing me about 2K) if anyone wants it….