Price Jacker: Going For The 40% Flip In The Slope
Back in the April, a reader made a comment in reference to a 3-bedroom co-op on Prospect Park West that was on the market for $845,000 through Brooklyn Properties. The commenter noted that the 1,400-square-foot 3-bedroom sparked a bidding war that most likely resulted in a price above ask. The apartment was #1L at 170…
Back in the April, a reader made a comment in reference to a 3-bedroom co-op on Prospect Park West that was on the market for $845,000 through Brooklyn Properties. The commenter noted that the 1,400-square-foot 3-bedroom sparked a bidding war that most likely resulted in a price above ask. The apartment was #1L at 170 Prospect Park West and, according to Property Shark, it closed for $885,000 in June. Now the owners have put it back on the market for, hold on to your hats, $1.25 million. Talk about going fishing! A 40% hike in less than six months in a declining market. It’s a lovely (really lovely) apartment to be sure but our tipster (who, for all we know is a jealous neighbor) points out that it is on the ground floor right next to a bus stop. If they can get close to this asking price it’ll certainly be a vote of confidence in the market!
FSBO: 170 PPW #1L [NY Times] GMAP P*Shark
Open House Picks: Comment 4/7/06, 09:15 pm [Brownstoner]
Park Slope public schools are fine and getting better. Yes, 321 is crowded but so what? It has a great principal and by and large very dedicated teachers. PS 107 is strong. PS 39 is pretty good, as is the school over in Windsor Terrace. And the school on Cortelyou Road (I’m forgetting number) is also quite good. We almost purchased a place there a few years ago and I visited school, talked to teachers and parents, etc.
As well, let me put in a pitch for MS 51, which my son now attends. The faculty has been better than I expected, and the drama program (and the chorus for those with voices) is superb. The arts teachers in particular are dedicated, stay late, get there early, and work weekends.
Notwithstanding the private school or die mentality slowly taking hold in Park Slope, there is no reason to spend $25,000 a year to get a good education for your child.
I saw this apartment when Brooklyn Properties was selling it. The floors were lovely! The new floors look gauche in the pictures!
everyone go to the open house and talk about it at the open house.
The flipper has flipped!
Good luck to the idiot who also posted this FSBO on Park slope parents. bet wishes for a mangled sale and appraisal! ha!
We passed on a great 3br on PPW right by the movie theater that was ground floor for that very reason — noise, foot traffic, real traffic, safety and dirt. That said, it ended up selling through A&H for $50K over what the owners wanted to sell it to us for, so once again it wasn’t the best choice, though I have no regrets. Also, the one we saw had had tremendous flooding issues in the past. My guess is that might be a problem with any prewar ground floors on PPW.
where are you all seeing the floorplan? I can never click thru on those ‘visit our website’ urls
South Sloper 2:06, you think this school is really that great? it is NOT 321
someone took a hit to the head too hard or watch too much “flip this house” while smoking crack.