Condo of the Day: 320 Washington Avenue, #1B
The Graham Home for Old Ladies is one of the most distinctive old buildings in Clinton Hill. Unfortunately, the conversion to condos resulted in fairly run-of-the-mill interiors. Nothing horrible but there’s no sign of any historic charm. Still, the layout and proportions of the this ground-floor two-bedroom are nice as is the location. There hasn’t…
The Graham Home for Old Ladies is one of the most distinctive old buildings in Clinton Hill. Unfortunately, the conversion to condos resulted in fairly run-of-the-mill interiors. Nothing horrible but there’s no sign of any historic charm. Still, the layout and proportions of the this ground-floor two-bedroom are nice as is the location. There hasn’t been a lot of turnover in the 25-unit building in the last couple of years as far as we can tell so we’ll be interested to see how the asking price of $685,000 flies.
320 Washington Avenue, #1B [FSBO] GMAP P*Shark
You said that bkny, not me.
Please don’t put words in my mouth. Clinton Hill is an absolutely gorgeous neighborhood, and I still consider 450K to be a lot of money for a 2 bedroom apartment.
“but I don’t believe it’s “worth” more than 450K at this time given what else is out there” 11217
translation – you can find better in park slope. LOL
i have been in this building – the apartments are a nice size. it’s a beautiful building & great location.
That alternate universe is the ancient kingdom of Bubbylonia.
cheaper than the widget price on this ppty?
I feel like we just recently saw a 2 bedroom for sale in Brooklyn Heights on here for less money than this (maybe a couple weeks ago?)
In what alternate universe has Clinton Hill near the G train become on par (price wise) with Brooklyn Heights…?
To me appraisal means what the apartment should sell for.
In my personal opinion, I think the apartment should sell for around 450K. (But I also realize that some people don’t think like me, and there might be A single fool out there willing to pay nearly 700K to live in a rather small and boring apartment near the G train, even though you can get far nicer apartments in far “better” locations. Key is that second to last word, as there are those who think Clinton Hill IS the best location, as I’ve learned on this blog the hard way).
Glad I don’t do this for a living, right…? 😉
>”Nomi, prices are drifting lower all the time and it could be accelerating on the pace of the drop. So NOW, I’m saying it’s definitely over 450k. 2 wks later, who knows?”
Yes, right, that’s my point.
I was really responding to 11217 saying that he put in 450 even though he thinks it will go for more than that. What any individual thinks a place is “worth” is not a way to determine an appraisal, even an informal appraisal like we are doing on here. Not that I have the means to do anything like a proper appraisal –none of us do — but entering what we think is “fair” is not what an appraisal is.
I’m pretty bearish and I would be very surprised (close to shocked) if this didn’t sell for 500k or more
As I said earlier, if this goes for anywhere close to where you guys are widgetizing it, then it is a perfect snapshot of the collapse in the Clinton Hill market. These apts were selling for 700 at peak so 500 would represent a pretty large percentage drop. These are real two bedroom two bath units in a really great location. IF they don’t sell for more than 450-500 the entire market is headed for a fall (not that you needed me to tell you that).