It seems to us that much of the anecdotal evidence for a cooling townhouse market has come on the lower half of the spectrum, though that could be more of a function of us paying more attention to the sub-$2 million homes. Anyway, if anyone thought that the higher-end props were immune, think again: This price on this house at 535 1st Street in Park Slope has just gotten an almost 15% percent haircut from the stylists over at Corcoran. Located just off 8th Avenue, the 4,500-square-foot Beaux Arts mansion’s got seven bedrooms and architectural details out the wazoo. We can’t recall how long this has been on the market, but it shows that wealthier buyers (for Brooklyn, anyway) are being more choosey.
535 1st Street [Corcoran] GMAP P*Shark


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  1. Hey, we’re the i-bankers you love to hate. Can afford 3m+, but not 5m+. For that money, I’d shop long and hard for a small brownstone S. of 96th in Manhattan rather than move to Bk. Also, schooling is an issue. Unless we were zoned for PS32 in the Slope, forget it. Also, unless we had a lock on places in St. Ann’s or Packer or Friends for our brood, also, double forget it.

  2. i grew up on that block – we moved there back in the early 1980s, so hold your tongue yuppie-bashers. anyway, both ends of that row of townhomes have been on the market for a while now (i’m assuming that the other one has not sold yet either). i’ve been inside 3 of them in my lifetime, and they were each split up in an awkward manner into multiple units. i also recall looking at a 4th that was on the market way back in the day either right before or after my parents bought (to be truthful, my parents actually dragged me along kicking and screaming – i was 7 years old or so at the time). the place was a big time wreck, which if indicative of the shape this listing is in now, would require north of $500K in renos.

  3. Hey Mr. simple, I hope you don’t use a calculator, since you should do all that arithmetic the way you were taught in school. While you’re at, ditch the computer, you can do it all with an abacus.

  4. O.k. let’s leave Ron alone but as an English professor, surely you must object to your students using spell checks instead of bothering to learn to use English properly.

  5. I agree w/ stuy blkbuttrflie– and I’m an English professor, so I care about the language more than most, but I also have a chance to see that there are a lot of smart people who just can’t spell. Leave Ron alone.

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