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Take that, market bears! Remember 49 Rutland Road? The four-story brick and limestone house hit the market last November with an asking price of $1,450,000. It popped up recently as being in contract on Brown Harris Stevens. The contract price, we hear, is $1,425,000. It took a few months, but that sounds like a pretty strong vote of confidence in the townhouse market to us. Or at least for PLG!
HOTD: 49 Rutland Road [Brownstoner] GMAP P*Shark
49 Rutland Road [Brown Harris Stevens]


What's Your Take? Leave a Comment

  1. This house is amazing. It has a 20×100 foot lot with a 40 ft back yard and the parlor is possibly the most beautiful we’ve ever seen. Congrats to both the buyers and sellers.

  2. “who have logged countless hours in that effort for years and years and years!”

    Resulting in the arrival of one coffeeshop and one restaurant two years ago.

    Improvements are coming but only because demographics in the apartments on Flatbush are changing. Which is a recent thing.

  3. 1:32, a three story house in the slope would have cost $850-900,000 in 2000. I was looking then. You are mistaken in your memory. That three story house would still top out at 2M now, and that would be after putting the money in to renovate. You would have the same increase as Lefferts Manor. I watched the relative markets for three years before making the leap to PLG.

  4. I have to say that I find the peaceful tranquility of the Manor to be much more appealing to me than the stroller gridlock of Park Slope. I’ll take my house here, with all its incredible detail, any day. I can’t handle the lack of parking in the slope even enough to shop there. I prefer Stop and Shop, which has a surprisingly good organic section AND parking.

  5. Dutch, I’m not complaining about the hood. I’m complaining about the recent arrivals who think it is going to be park slope in a few years.

  6. 1:33, some of “us” want a lot more than a few stores on Lincoln. Please don’t pretend to speak for all LM residents. And FYI the LM association has been “working on” getting new stores and restaurants for over a decade. The idea that those efforts are new is absurd and insulting to your many neighbors who have logged countless hours in that effort for years and years and years!

  7. Yeah nobody was getting a whole house for under $400K in 1999 in Park Slope, Brooklyn Heights or Cobble Hill.

    Everybody who buys in PLG and LM admits freely they needed or wanted a brownstone but couldn’t afford $2-3MM for one in Park Slope. Of course that’s the case. But it doesn’t mean we dislike being here. Quite the contrary. Also most of us here don’t need PLG to turn into Soho to finally become happy with the amenities. We like Park Slope, are fully happily willing to go there for shopping especially. We’d just like a great organic grocery (which is supposed to be coming into the new condo building) a wine store (which is already coming on Flatbush soon) and some more restaurants (people are working on it).

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