30 So. Portland In Contract 'Significantly Over' Asking
The headline says it all. According to a broker familiar with the situation, 30 South Portland Avenue, a four-story brownstone on Fort Greene’s most desired block, is in contract for “significantly over” the asking price of $2,600,000. Another data point suggesting that there’s still strong demand for quality properties in areas like Fort Greene and…
The headline says it all. According to a broker familiar with the situation, 30 South Portland Avenue, a four-story brownstone on Fort Greene’s most desired block, is in contract for “significantly over” the asking price of $2,600,000. Another data point suggesting that there’s still strong demand for quality properties in areas like Fort Greene and Park Slope where there’s little perceived risk of the neighborhood going downhill? Maybe. Of course, the fact that 224 Washington Avenue was just just reduced by another $110,000 to $1,685,000 flies in the face of that theory. That one’s looking cheap now, don’t you think?
House of the Day: 30 South Portland Avenue [Brownstoner] GMAP P*Shark
What are you talking about? Not having the guts to drive through Fort Greene? We have been living there on and off for 20 years. Maybe WE were the scarier ones way back in the day though. Used to be everybody in the neighborhood automatically said hi to people as they walked around for their strolls. Really. Now it’s not so automatic unless you are a familiar looking face. I think this is just because a lot of the old-timers have gone up to the pearly gates though. I am sure if they could find a way to read a blog up there many of them would be laughing as much as we are when we read such silliness. That said a lot of my distant relatives from Long Island, as well as friends who live in Brooklyn Heights, seem a bit out of touch about what life is like in Fort Greene. That’s okay. The UWS used to be hipper and more dangerous in the 1980’s as well. But nobody calls it fronting do they?
i don’t care if the price of my house goes below what i owe on it because i bought within my means.
i could not find a studio similar to mine in north park slope to rent for 1500…which is the price of my mortgage and maint.
given tax incentives, really i’m probably spending half on what a studio in manhattan would cost to rent, and i love my pad, my neighborhood and plan to stay here at least 5 years.
i’m pretty sure there are others in my situation who bought in the last few years and plan to make brooklyn home for a while and really don’t care if our homes prices dip by 15% or so.
i never had a year where my rent didn’t go UP when i was doing that, so i don’t mind having the same “rent” for the next 29 more years…
“all this talk about home prices depreciating, while fun to talk about…does not affect me one ounce.”
I think people will begin to be concerned when the prices of their houses drop below what they actually owe for it. That and lenders then finding outstanding mortgages now ‘unsecured’ may make them call those loans in if the ‘fine print’ allows that. It’s going to happen it’s just a matter of when and how far the bottom is to drop.
You guys are just making me sick. A few years back, none of you guys would have had the guts to even drive through FG. As we know, everything can turn very quickly. As long as the people who bought this house can afford paying their mortgage, who cares!! Like all of the nay sayers, I’m hoping everything goes downhill and all those idiots loose their shirt, Corcoran goes bankrupt and everything goes back to gettho style living…
there are lovely 5 story brownstones on berkeley place in park slope. north side of the street. they are gorgeous, but there’s no way they would sell for 3.75 million. i’m guessing more like 3 million.
that’s why i believe this house at 3 million was a little overpriced. but someone bought it, so obviously it was the right price for someone. or two someones. good deal for them. it’s a beauty.
it wasn’t censored. It’s part of the new review system, which sucks. Now there is no incentive for me to obsessively check brownstoner all day like I said I did in that survey.
stoner,
i think it stinks that you let people use words like moron and asshole and the F word, and yet you censor-nix my perfectly charming essay on comparing Brooklyn Heights and Fort Greene.
What gives?
you don’tlike the word waspy? dredlocks?
I’m scratching my head here.
It is difficult to compare Fort Greene and Brooklyn Heights. They are so different.
One is all nice silver and good manners and the other is all funky music and blond dredlocks.
In forty years, if Fort Greene is still a desirable place to live, and I would guess it would be, the comparison may be easier.
Brooklyn Heights is like parts of the Upper East Side. There is a flinty waspiness there that is true to form. Nothing makes Heights residents happier than to hear that their neighborhood is boring. They have been working assiduously at that for years, like a formal garden. That’s why the area is so desirable. It is a real place, not a flash in the pan. It knows its place in the scheme of things, and that place is pretty good.
@2:22 PM
If I remember correctly the broker told me when I was viewing the property that they couldn’t show the rental because it was occupied by an older woman. That if there was real interest they could show it on a second look. A guy was there that took me through the house leaving the broker on the first floor to help someone else.