69 St. James Sells For A Lot Less Than Originally Asked
69 St. James Place, a charming four-story brownstone in Clinton Hill, finally closed yesterday for $1,400,000. Versus the most recent asking price of $1,500,000, this sounds like a pretty standard discount. But the house actually started out on the market in June 2008 with a price tag of $1,995,000, and then suffered death by a…
69 St. James Place, a charming four-story brownstone in Clinton Hill, finally closed yesterday for $1,400,000. Versus the most recent asking price of $1,500,000, this sounds like a pretty standard discount. But the house actually started out on the market in June 2008 with a price tag of $1,995,000, and then suffered death by a thousand price cuts. Unfortunately, it looks like another example of a property (or owner) who was living in the past and couldn’t face reality. If the seller had just come out with an asking price of, say, $1,700,000 at the start of things, chances are the outcome would have been much better.
House of the Day: 69 St. James Place [Brownstoner] GMAP P*Shark
BBB, biggie’s block is 1 over (closer to fulton st)
“it is situated right next to the more happening part of the neighborhood”
-I would consider that a minus, not a plus. When you buy a family home you want things to be close but not right next to you.
wasnt Saint James Notorious Big’s block? How come he did not rap about the beutiful brownstones?
“what are dekalb amenities?
restaurants?
are they less accessible from this house?”
Many of the nicer places to eat and drink and shop for this area are located on the stretch of DeKalb from Vanderbilt down to Ft Greene Park. It is for all intents and purposes the main commercial strip for a wide swath of Ft Greene and Clinton Hill. This house here is close to Choice and the few other places on Grand Ave but my point was the less nice house yesterday could achieve a similar price point as this one because it is situated right next to the more happening part of the neighborhood.
I agree with Dave this is far less desirable
what are dekalb amenities?
restaurants?
are they less accessible from this house?
Maly, yes you are right about the street. I kind of compare it to the nicer streets in bed Stuy though….beautiful streets but no amenities. That works both ways…it IS very quiet. And, we have great subway access in bed Stuy. Ameneties are however, fast on the come hearing about various things in the works.
The Ft greene property has the location vis a vis subway access and the amenities. The house floorplan was a bit odd though.
Interesting tradeoffs.
I thought this was a BHS listing.
bbb-already happily owning in Clinton Hill, but thanks.