Joke of the Day: Red Hook New Build for $1.8 Mil
We’ve heard of going fishing, but this is ridiculous. This recently built three family house in Red Hook has to be one of the biggest jokes we’ve seen in a long time. Completely devoid of any character or quality, the house has an asking price of $1,800,000, at least double what it could be worth….

We’ve heard of going fishing, but this is ridiculous. This recently built three family house in Red Hook has to be one of the biggest jokes we’ve seen in a long time. Completely devoid of any character or quality, the house has an asking price of $1,800,000, at least double what it could be worth. Better yet, the broker describes the house as “priced to sell.” Hah! Who in his right mind would even go look at this?
$1800000 Just Built Three Family [Craigslist]
Brand New Beautiful Three Family [Red Hook Realty]
Youre kidding, right? Over $2MM asks are common in Red Hook now.
There is a certain arrogance that goes along with listing a property for such a price in an area that rarely, if not never, has seen that kind of price for a listing, and for obvious reasons.
I am curious to understand the justification, or tactics, behind such a listing. The information from the Craigslist ad and the broker’s web site just make it appear ridiculous. I love shopping at Fairways, but that’s not enough. Is there something we are missing here?
(Yes, you can interpret that question as rhetorical.)
This is insane. This is why I think architects should be screened by the city before they are able to throw up buildings. This building is not only boring and plain, but it reeks of cheap. The price boils my blood. These brokers should be hunted and burned for even trying to rip people off like this. Bob from Flushing is mad.
Brand new 3 family homes are hard to come by but if the broker is willing to put a little more effort into getting to know the buyer, I think a deal will be made prematurely. The fact of the matter is, she’ll need to prove she’s a cat in the sac as we all assume to be true from that picture.
In addition, it looks you will get an occupied building since the same photos are used for one of agent’s rental listings.
How could this building be worth less than $150 a square foot?
Time will tell…
Mr. B,
You’re sounding more hysterical and knee-jerk (like many of your commentors) these days. Rushing to judgment and really opinionated.
Based on a few photographs, without exact address or size of bldg. jumping to all sorts of conclusions.
How you tell ‘quality’ on these photos?
It is possible that (not saying it is just that might be) not far off price-wise? If this is 25×100 ft lot – Is it at least possible that this bldg. with private parking is priced at $300 sq foot? (2.43 FAR ?) I don’t know if is… but seems you are quicker than usual to mouth-off these days.
Would $300 a foot for new construction seem “at least double what it could be worth”?
Does anyone know what this building looks like? Plans? It sure sounds like a joke, question is how big of one!
And, Gentrifier, you’re not safe in Fort Greene. Check out the home page, Red Hook Realty serves Fort Greene, as well as Williamsburg and Bushwick (but not Greenpoint or Clinton Hill, go figure). (And not Rockaway Beach either!)