House of the Day: Somewhere in Prospect Heights
This Prospect Heights brownstone is quite a looker, with lots of wood detail and an unusual bowed front and mansard roof. We haven’t seen a lot of deals close in the neighborhood since the market started slowing so we’re really not sure how close to the mark this $1.7 million asking price is. What do…
This Prospect Heights brownstone is quite a looker, with lots of wood detail and an unusual bowed front and mansard roof. We haven’t seen a lot of deals close in the neighborhood since the market started slowing so we’re really not sure how close to the mark this $1.7 million asking price is. What do those of you who are in the market think?
Prospect Heights Brownstone [JVM Real Estate]
The property is worth 1.3-1.5m. Probably to the lower side since it is on Carlton which has more traffic then a side street. I personally do not believe the AY is going to drive down values. Show me a 4 billion development which has all the surrounding neighborhoods go down the drain.
That’s a long time to be in PH, 5:57pm! I couldn’t imagine what that must be like, to see one’s hometown streets change in such a dramatic way and literally overnight. AY really is a strange development.
Everybody in Brooklyn should be supportive and sympathetic of those in the AY footprint. Let’s just see how it unfolds – I cringe at the idea of spreading gossip and panic about falling values in PH and FG near the AY. It’s nasty and unethical. We simply don’t know what will happen yet.
just look at how the meier bldg is increasing prices in southwestern Prospect Heights in a market that is flat overall
I have lived in PH for 27 years. What I value is the quietness of the streets, the ability to park my car or have my relatives from Long Island come and visit on Sunday and park near my house. I like going to small storefront restaurants and shops owned by individuals, not chains. I like knowing my neighbors and many of the people walking on the street. This is what Ratner is taking away from us, and there are no ‘amenities’ that will make up for that loss of quality of life.
I agree with you Anon 5:16 PM. If I were looking to buy right now I would look in Crown Heights, but far enough away so that the traffic, noise and trashy businesses associated with a sports stadium will not be a factor.
If AY makes the brownstones in the blocks around there less desireable, then wouldn’t that logically drive all those who are searching for the quieter old-school Brooklyn brownstone streets further out into other neighborhoods? And if so, why does everyone still claim the brownstone market peaked already?
Here’s how it seems to me – AY will make the prime, quieter Park Slope brownstone streets between 6th Avenue and the park even more valuable. Like as in, we ain’t seen nothing yet. And at the same time the neighborhoods that have awesome houses but are still iffy (Bed Stuy and PLG) will become more appealing because they offer the quieter residential streets people seek when they go to Brooklyn. It really seems that whole area between AY and the Brooklyn Bridge will be spotted with lots more highrises in the near future. And on and below 4th Avenue in Park Slope. South Slope is tough to call – it’s not as historical and I could see a lot more new construction and highrises going into South Slope too. You KNOW these discussions are going on in that Empire State Development office. Would love to be a fly on the wall in there!
Also, I think all of the houses in this row with the large bay window are 20×50.
As for living here or not, I am actually pro AY (or at least 80-90% there in terms of support). However, the real issue is does one as a new owner want to deal with three to five years of massive pile driving less than one block away? No thanks — and certainly not in this price range.
It’s on Carlton between Bergen and Dean — five or six houses up from Dean. Pretty close to the development IMO. This link shows what the development will look like from Bergen and Carlton (looking Northward toward the project).
anyone figure the address out yet? so we can look at property shark hehe.