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


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  1. FG park is pretty but as a runner, Prospect Park would pretty much always keep me bound to PS (or WT or PLG or whatever other nearby neighborhood). The idea of running around and around and around that little park — or for that matter back and forth and back and forth on the Promenade — I couldn’t do it.

    I suspect this is not a huge factor driving real estate prices, though.

  2. Everyone here is in denial that prices have been dropping . Has anyone read the latest edition of fortune magazine? prices are done going up, stop with the irrational thinking folks it is over real estate had it run be happy if you were in it and made some money.

  3. Rosie,

    “No where else would there be weekly sunday summer parties with rastas, bankers, artists and families chilling and dancing to aftobeat and dancehall tunes.”

    …except Prospect Park, right?

  4. I love FG park! (Love Prospect Park too) but FG park is great. Love the city views from the top near the monument, the fact that it has so much history as a Revolutionary War/War of 1812 Fort, was a green space lobbied for by Walt Whitman… I think it is the oldest public park in the City too, though I might be wrong on that, maybe oldest in Brooklyn, anyone know?

  5. I love our scrappy little park. It’s the underdog park! No where else would there be weekly sunday summer parties with rastas, bankers, artists and families chilling and dancing to aftobeat and dancehall tunes.
    And to the where are the schools poster, fair enough, I don’t have children, and that’s probably what propelled me to Fort Greene. It still child friendly rather than child centric, which is how I view the Slope.

  6. Spoken like a true disgruntled teenager (or someone who thinks like one). Pretty funny. “My mean parents made me work too hard at the gifted private school, waaaaahhh, waaaaahhhhh!” lmao

  7. TW,

    Yeah, as I was trying to say, I think Fort Greene may now be more on the “established” side of the established/fringe continuum. (I know these are all really crass terms, but this is about money and money is crass.) But Brownstoner raised FG as the point of comparison, so that’s where the discussion went.

    I do still think that, in general, the deals are worse on the fringe end of the market, for all the reasons I stated. But I’ll admit I’m just armchair quarterbacking, not having been on either side of the market for a few years.

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