house house
This North Sloper looks like a sign of the times to us. As far as we can tell, this would have been asking north of $2 million just a few months ago. Now, at $1.795 million, the location and historic integrity of the building make this pretty attractive, we think. Perhaps there’s a bit of a discount for the fact that it’s a three-family–most buyers in the North Slope these days probably want a one- or two-family. In addition to the cost the reconfigure, the listing admits that the house needs a tune-up in places. Personally, we’d start by plastering over that brick wall in the bedroom! Regardless, we suspect this will attract a buyer quite quickly at this price. It makes us wonder: If this house is $1.8 in the prime Slope, what would it be in Fort Greene?
North Slope 3-Family [NY Times]
Listing #5230 [Warren Lewis] GMAP P*Shark


What's Your Take? Leave a Comment

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  1. As a PS Parent: St. Ann’s terrifies me. I could afford it, but deliberately enrolled my daughter in our local public school (NOT 321). I didn’t apply to any private schools. Her public school – we love it, she loves it, and there is a tremendous sweetness in the school.

    I have a BA and MA from two snotty Ivy League schools, but when I think of my daughter going to college, I think of U of Wisconsin, U of Michigan … I think she would be happier than I was in college. The most important thing to me is that she is a moral, decent, kind person … I really hate the uber-school mentality.

  2. Chill out people. There are plenty of good public school options for kids in Ft. Greene. There are lottery schools, schools nearby that grant variances and the like. Also there’s a new charter school in FG that will have 2 teachers in every classroom and is totally based on a Bank St. philosophy. Plus many local parents send their kids to PS 11 or PS 20, which are zoned schools. I think it’s funny how myopic people are when discussing neigborhoods in general. Anywhere else the geographic distance between local areas would make these comparisons moot; ie: 1/3 of a mile in the ‘burbs means you are in the same area. There aren’t walls around FG, Park Slope, Prospect Heights, Clinton Hill, Boerum Hill. Don’t get so nutty about the distinctions. There are many more similarities than not. If you are concerned about public schools (because you want kids/have kids/care about home values in yr area) then why not pitch in and help your local school out in some way? Boerum Hill rallied around PS 38 and improved it a lot and got community use of their renovated basketball courts, playground, track area as well. It’s easy to take pot shots about areas and worry about schools. Why not try making a difference in your community rather than whining about things?

  3. Middle schools – yes, there is a dearth of good ones all over NYC. And high schools, unless you test into Stuy, BxSci, Bklyn Tech, Hunter or move to Queens, what are you going to do? This is why I feel there is going to be a cap on the # of “upper middle-class” or “middle-class” families in the city. Schools, schools, schools.

  4. 01:42 PM (2nd),

    “Friends of ours just had their prime slope bstone appraised and the realtor told them sale prices had dropped 10-15% in the last few months (depending on house and location), but that they reccomended pricing it high in the hopes that ignorant buyers would jump on it.”

    Powerful information. Nothing like a case study.

    06:00 PM,

    Reread the article. It says nothing for USA, thus Brooklyn.

    02:24 PM (1st), 04:28 PM, & 06:40 PM:

    Strongly agreed. What from this overleveraged economy is going to save housing prices? See reduced prices on http://www.natefind.com.

  5. Here’s my take on the market – interest rates are up, and everyone and their mother has put their homes on the market in hopes of cashing out at the peak. Increased interest rates and supply have put pressure on the market, so things have stagnated for a while. If you’re in a hurry to sell, you’re definitely going to take a hit.

    I suggest waiting it out. Things should balance out as interest rates do.

  6. Prospect place btwn 5th and 6th is a great block.
    Beautiful diverse architecture: Queen Anne, Italianate, Federal. NO Apartment buildings. Truelly a tree lined block. All the restuarants on 5th Ave.

    2/3 at bergen st the Q at 7th Av and Atlantic/Pacific

  7. Allright, I can’t agree more than with the last post about the all important self motivation to move up in the world. Interestingly, I always sort of complained about park slope parents and their nannies and money were disturbing so I moved to a “fringe” nabe that has more down to earth kids/parents, diversity including economic which seems to be the all importnat one.

    Last weekend we went into the west village to the bleecker street playground and almost vomitted at how spoiled, rude, and downright psychopathic the 3-5 year olds were. No more smack from me in regards to park slope, Manhattan has it beat by a long shot.

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