Condo of the Day: 153 Lincoln Place, #3C
It looks like most of the units at 153 Lincoln Place—the former bordello in Park Slope—are now spoken for: Seven have closed, one is on contract and two are still for sale. One of the apartments that’s still available, Unit 3C, has had its asking price cut twice in the last three months, bringing it…
It looks like most of the units at 153 Lincoln Place—the former bordello in Park Slope—are now spoken for: Seven have closed, one is on contract and two are still for sale. One of the apartments that’s still available, Unit 3C, has had its asking price cut twice in the last three months, bringing it to $999,000 from an initial $1,245,000. It has a lot of space—1,388 square feet—so we suspect the problem has been the untraditional layout. Or maybe, to beat a familiar drum, it’s the lack of original details inside a historic shell. Thoughts?
153 Lincoln Place, #3C [Corcoran] GMAP P*Shark
“Brownstoner readers do not make up the majority of opinions among Brooklyn buyers.”
Totally true, but the conclusion I draw is probably different from yours…
i know a lot of people will disagree, but there is just something very sad about an old school bordello turning into a cramped yuppie mill. 🙁 i hate conversions like this, and that’s why i really do hope the economy gets worse so places like this will come back and make the city interesting and vibrant (in a real way) not that fake yuppie “interesting and vibrant” that they claim.
*rob*
700 a foot is totally reasonable in that area. I’ll bet they get close to offer.
Dave I can’t keep up with the OT.
I bet those that bought and those in contract are not liking the price cut!!!!
Arkady, I’m so jealous that you saw it before the renovation. Was it bordello like, besides the small rooms and seedy?
Actually, according to Streeteasy, the original ask on this unit was $1,345,000.
So the original ambitious $969 per ft² is now down to a more reasonable $719 per ft².
Of course, if the finishes are shoddy, it might need to drop a bit more.
Tara, come back to the OT. i think all the ribbing was just that, and in jest. They all miss you.
The fact that 8 of the 10 units have all sold POST bubble bursting goes to show that Brownstoner readers do not make up the majority of opinions among Brooklyn buyers.
They bought the places…high prices, small rooms, high taxes, lack of details and all! 😉