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The first month on the market was not a good one for 402 Pacific Street, the four-unit townhouse conversion in Boerum Hill. As a result, all four apartments have just had their asking prices trimmed an average of about five percent. The biggest unit, for example, was reduced from $1,250,000 to $1,150,000, a function, perhaps, of about a third of its square footage being located on the ground floor. By comparison, the cheapest unit (the second floor) came down just $30,000 to $895,000. The overall reno doesn’t really move us, but the windowed extension is a nice touch. These condo conversions seem like an increasingly tough sell to us as prices in larger new buildings only get more competitive.
402 Pacific Street [Streeteasy] GMAP P*Shark
402 Pacific Street Gut Job [Brownstoner]


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  1. 2:18 you big shot… why not throw an offer on it just to see… WHat do you think its worth?

    Personally I live in 75 smith but I think that polace is nice and if you think its worth 600k put a # out there u JOKE instead of bitching like a lil biatch

  2. Hey Jonathon why did you not show the pictures on corcoran.com? They are on it, gee they actually look good. Why are you discussing price reductions without evidence of the actual listings Brownstoner?

  3. This person is SO obviously the broker – and I am not usually someone who cries broker. I mean – NO ONE, simply no one, except the seller or broker, would call these layouts “sweet” or suggest these prices were even mildly reasonable.

    BTW 2:07 – 2 bedrooms in this area go for more like $3000. I know a lot of people out there don’t “get” boerum hill, but it is actually pretty fancy in terms of the people it attracts and the rents it charges.

  4. Hey 1:37

    You bet, I AM a renter. And I pay very below market for my place. And I am ready to buy, this year.

    But not with Corcoran and not at this truly retarded prices.
    No, I have no intentions of moving out of Brooklyn. You are stuck with me…

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