HOTD: Price Cut at 181 Washington Park
When this perfectly restored brownstone overlooking Fort Greene Park debuted at the beginning of the Summer, most people had the same reaction: “Totally awesome but $4 million?” That was then, this is now. Brooklyn Properties was given the axe a few weeks ago in favor of Brown Harris Stevens, who has now trimmed $200,000 off…
When this perfectly restored brownstone overlooking Fort Greene Park debuted at the beginning of the Summer, most people had the same reaction: “Totally awesome but $4 million?” That was then, this is now. Brooklyn Properties was given the axe a few weeks ago in favor of Brown Harris Stevens, who has now trimmed $200,000 off the asking price. It still seems like a reach to us but when you’re dealing with a spectacular house, you just never know. Stranger things have happened.
Washington Park Townhouse [Brown Harris Stevens] GMAP P*Shark
Stepping Out On FG Park (For Almost $4 Mil!) [Brownstoner]
4% of $3,795,000 = $151,800
That’s a pretty good incentive to include nice photos & a floorplan. I agree that someone willing to spend this kind of money is going to just go see it and not be swayed by a lack of floorplan though. I think the number of people out there in NYC who are willing and able to pay this for a Fort Greene brownstone can be counted on both hands and it’s just a matter of someone waiting patiently for them to surface. BTW, babs you’re a broker? You’re obviously a very cool one at that!
I agree it’s odd that nobody has a floorplan. For not much money the broker could hire some good freelance floorplan guys, who would have it all done in an afternoon. Or are they hiding something? People really do look at these things!
My database shows that BHS has had the exclusive since July — perhaps they’ve given Brooklyn Properties permisson to advertise it as well. Anyway, it’s only a 4% commission (rather than the usual 6%).
I know this is within the wrong post and thus, off topic, but does anyone know the deal with 331 Adelphi? There’s quite the commentary about its’ worth, etc. and the comments have stalled…I’m curious what people think about what the fair split would be with two owners that was recently posted on the brownstoner blog…
Think I remember the house being 22×50 (and the backyard being the same). At the ridiculous $2.5MM some people are suggesting (which would sell in about an hour), that would suggest less than $500 per square foot. Hanson Place is currently listing at $1,000 per, 383 Carlton at close to that, and general unfinished brownstones on much lesser blocks at around $600 per. It must be fun to just put down every house and every price on this site – because lots of folks seem to live for it.
All posters thinking this trades above $3mm are either realtors or the seller. this is a joke of a listing – true it is a good house and all but give me a break. $2.5-7mm range is proper value, all the rest is fluff. I can own in BH for this price and better property too – i love FG but the value just isnt there yet.
So please… enough talking about this overpriced house that noone will buy unless there is a $1mm price break.
OMG…click the link provided above from the previous brownstoner listing of this house…plenty of comments to address/rebut anything you have to say.
Excuse my ignorance, but is someone who is looking to spend close to $4 million on a home really browsing through real estate websites looking for floor plans? I would think this type of transaction is handled in a more “exclusive” manner. That could explain the lack of detail on the websites as the house may be posted for show while the actually marketing of this property is being done in a more discrete fashion. I could be totally off base though. Maybe $4M in NYC still places you with the unwashed masses at Brownstoner. Interested to from someone in the know.
Width, lot size?
The pix on the Brooklyn Properties site are much nicer, and include shots of the bedrooms, bathrooms and garden, which are noticeably missing from the BHS site. They also seem more honest, as the photographer doesn’t seem to have used a distorting wide-angle lens like the BHS photographer did. The lack of floorplans on both sites is just silly, though, and I agree with the earlier commenter about how this has to be marketed. For example, there is no mention of the cultural amenities in the neighborhood, the convenient transportation, etc. Do they want to sell this thing or not?