Condo of the Day: 34 Park Place
Whether to own half a house in a more upscale neighborhood or a full house in a less gentrified area, that is the question. It’s a question we’ve discussed before, but it’s made all the more relevant by this new listing at 34 Park Place which is asking $1,350,000. This particular apartment combines the parlor…
Whether to own half a house in a more upscale neighborhood or a full house in a less gentrified area, that is the question. It’s a question we’ve discussed before, but it’s made all the more relevant by this new listing at 34 Park Place which is asking $1,350,000. This particular apartment combines the parlor and ground floors along with the garden and cellar. Historic details are nicely intact and there’s a recently renovated good-sized kitchen. According to PropertyShark, this is a standard Italianate brownstone with standard 20-by-45-foot dimensions. Given that a full house like this would sell for close to double the asking price on this unit, it looks pretty reasonably priced to us, at least on a relative basis. Agree?
34 Park Place [Aguayo & Huebener] GMAP P*Shark
7:17 – what planet are you living on? earth 6-12 months ago? house prices: down, employment: down, durables: down. the fed just cut rates b/c economic downturn concerns trumped inflation concerns. when was the last time you read a financials newspaper?
Oh you wish, 9:02 pm. If these houses were as much as 20% less you still couldn’t afford them.
Besides, who exactly are you trying to worry? Most plan to stay long term when they bought the houses in the first place. These people are not flippers, they don’t give a crap what the home value is two years after they bought it. They’re thinking about 10 to 20 years later.
I meant new generation of parents everywhere in the country, 5:28. It’s not only in Park Slope. I agree, it’s very silly for people to bash all Park Slopers like that.
I stopped by the Open House for this place this past weekend and was not impressed with the apt and the asking price. It’s barely a 2 bedroom and the garden offered little privacy and needed a great deal of work. It’s a nice place, but certainly not worth 1.3.
News from planet XXRRTSPHHT to Planet Clinton Hill. Real Estate prices in the United States of America are falling at a fast clip. If you bought an overpriced propertry in marginal neighborhoods of Brooklyn in the past two years you are in deep shit.
This concludes our broadcast.
4:39 is a joke right.
Not only are home prices not at their lowest in 16 years as stated, wages have recently begun to show significant inflation, a major factor in the fed’s inflation fighting stance.
What planet are you living on
i saw this place last weekend at the open house. priced way too high for what it is. 2 bedrooms and not even a 2nd bathroom. its a little old school in style as well although in good shape. work would need to be done. and its not 1800 square feet. more like 1650. access to the apt is from the ground floor so people walk into the bedrooms first. not a grand entry way. the price is just too high. my prediction is it will stay on for some time unless the asking price drops significantly.
I agree that some of them, are…5:26.
But a few bad apples should not ruin the whole bunch, I say.
There are plenty of “good seeds” in Park Slope.
They can’t accept it, 5:22 because the new generation of parents are creepily hyper competitive. They always have to be the better parents in some way or another.