House of the Day: Stealing Third?
This house on 3rd Street between 7th and 8th Avenues is still showing up as a “New Listing” on the NY Times even though it closed yesterday! As it turns out, it’s been quite a long road for the sellers on this one. The house was first listed last April, and had an accepted offer…
This house on 3rd Street between 7th and 8th Avenues is still showing up as a “New Listing” on the NY Times even though it closed yesterday! As it turns out, it’s been quite a long road for the sellers on this one. The house was first listed last April, and had an accepted offer quite quickly. Then the buyers backed out of the deal in July and the owners were back to square one. It’s been listed this go-round at $1.7 million but, in a dose of reality for current market-watchers, the number on the signed contract yesterday was $1.425 million. Sounds like a steal to us.
3rd Street Townhouse [Brown Harris Stevens] GMAP
Townhouse prices in Brooklyn won’t drop 50% tomorrow, buddy.
Like I said, it’ll take two years.
It looks like Brownstoner is losing it. I expect him to put up correct info on this blog.
What’s next? Montgomery St townhouse sells for $800,000 at public auction!
We can assure you that the $1.425 price is correct–and that it just closed yesterday.
This place was being sold as “gut renovation needed” – and I’m not talking cosmetic gut, I mean rip it all out and start again. And this was in the broker’s ad – none of that coy “needs TLC” stuff. Given that, is this still a good price for the nabe? I truly don’t know, never having been in the market for a gut rehab property.
must be some type of insider deal. seems way too low for the area. i would so buy it at that price.
If anybody thinks that they can buy a townhouse on 3rd street between 7th and the Park for under $2.5MM, please give me the listing. I would like to buy it now!
Take a look at the New York Times listings.
Take a look at all of the broker web pages.
There are very few offerings and none are under $2.5MM!
Awesome, so I can expect to pick up a $750 – 800K brownstone in good shape with little major reno to do on a nice block in Fort Greene or Clinton Hill any day now. Can’t wait! Thanks for the tip!
50% reduction in two years is very possible.
Anyone who thinks what goes up can’t go down is smok’n some good ole brownstone stinky.
No kidding. 3rd St is a really nice street, very wide, with most of the houses set back from the street. Are you sure that was the right asking/closing?
Also, that Brown Harris link doesn’t lead anywhere.