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Where’s the floor on the last remaining unit at 302 Washington Avenue? The three-bedroom lower duplex started out at $1,325,000 back in April where it stayed for six months until the reductions started kicking: The price was cut to $1,275,000 in October, $1,199,000 in November, $1,075,000 in late January. On Friday, the price fell into the six-figure range. Think anyone will step up at the new ask of $999,000?
302 Washington Avenue [Brown Harris Stevens] GMAP
That Pesky Last Unit at 302 Washington [Brownstoner]
Condo of the Day: 302 Washington Avenue [Brownstoner]


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  1. The problem with Clinton Hill is not that it’s a bad neighborhood per se so much as it is a bad neighborhood for 1 million dollars and up.

    It’s a GREAT neighborhood if houses sold for 400-500K and co-ops for 150k-200K.

    The neighborhood prices in no way correlate to what the neighborhood has to offer when comparing to other areas.

  2. “unprecedented.”

    This was the key word of your post 3:32. It was unprecendented and will not happen again in our lifetimes.

    People will see the value of their homes decrease for many years to come.

  3. You know, people who bought in the late ’80’s and early ’90’s experienced a property devaluation for a period as the economy was going through a change at that time as well. Those who stuck it out ended up seeing a serge in prices and popularity in their neighborhoods that was unprecedented. These areas that were still on the upswing were the East Village, Tribeca, Ft Greene, Clinton Hill, Harlem, etc. Why do so many people here think this doom and gloom will be here forever? Are they completely jealous, or angry or something? It is bad out there right now. It has to go through a change and that change may not come about for a while but it will ultimately come. For those of you who bought in the past year or so and are feeling anxious and nervous no help from the people who contribute here. Remember they are not experts. They are enjoying the moment and they probably will not buy today or even if prices come down further. They are just individuals contributing to a blog that insanely makes money by their contribution. Hang in there. You will have the last laugh.

  4. “great wine stores like olivino, greene grape and gnarly vines are here. restaurants include ici, locanda vini e oli, Bonita.”

    THESE ARE IN FT. GREENE. NOT CLINTON HILL!

    “when we first moved in, I was afraid of the drug dealers on the corner. now they are mostly gone and where they are not, they don’t scare me.”

    “C train is terrible on weekends”

    “Our block is a mix of one and two family homes and a few SROs”

    “the other thing that happened to us and others I know, is that people tried to scam us at least once a week for the first 3 months.”

    AND ALL THIS CAN BE YOURS FOR 1-2 MILLION DOLLARS!!!!!

    “proximity to BAM and the bed stuy Y are amazing too”

    PROXIMITY TO BED STUY??? NEVER HEARD THAT ONE BEFORE!

  5. Clinton Hill is not bad, just as most people who enjoy their other nabes would say about those communities. I live there and all I see are middle and lower class parents working together to improve the schools. Others do send their kids to the private schools, but most of the kids my child went to pre school with are going to ps 11 and others now. there’s quite a bit of ridiculous baiting going on here and it’s useless to argue, but i’ll give you my view of ch. we live on grand ave, which is closer to bed-stuy. when we first moved in, I was afraid of the drug dealers on the corner. now they are mostly gone and where they are not, they don’t scare me. the other thing that happened to us and others I know, is that people tried to scam us at least once a week for the first 3 months. after that, never once. Our block is a mix of one and two family homes and a few SROs and some homes owned by generations of a families who bought their houses 40 years ago. that i really have loved and will be sorry if it changes, which is likely. we are friendly w/ everyone on the block and in nice weather, it’s hard to get down the street w/o having several conversations.
    the C train is terrible on weekends but fine during the week. one can still park here. great wine stores like olivino, greene grape and gnarly vines are here. restaurants include ici, locanda vini e oli, Bonita. Choice is a great place for lunch, coffee and bumping into friends.
    CH is very international and still diverse all along the race and class scale. people warn that will change and i think it’s possible, but i do believe that it will stay pretty diverse compared to other gentrifying areas.
    we do need better grocery markets, dry cleaning, etc, but it all seems to be coming.
    proximity to BAM and the bed stuy Y are amazing too.
    i’ve tried to give a balanced perspective, but it does sound like i’m a cheerleader. i guess i am. we really love it here, but probably most people like where they’ve landed and built a community, be it PS, PH, FG, CrH or clinton hill…

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