House of the Day: 26 Willow Street
There’s lots to choose from if you are a deep-pocketed buyer with a hankering for a house on Willow Street. Back in December, 69 Willow Street ($5,750,000) was a House of the Day, followed by 46 Willow Street ($4,000,000) and 47 Willow Street ($2,400,000) in February. And of course, there’s the mother of them all,…
There’s lots to choose from if you are a deep-pocketed buyer with a hankering for a house on Willow Street. Back in December, 69 Willow Street ($5,750,000) was a House of the Day, followed by 46 Willow Street ($4,000,000) and 47 Willow Street ($2,400,000) in February. And of course, there’s the mother of them all, Truman Capote’s former crib at 70 Willow, which is still for sale at the reduced price of $15,900,000. Now, as Curbed noted yesterday, there’s one more to add to the list: 26 Willow Street, a gorgeous 23-foot-wide Greek Revival house that just hit the market with an asking price of $3,800,000. Sweetness.
26 Willow Street [Brown Harris Stevens] GMAP P*Shark
11217, I looked at all the pictures, not just the two above (you should, before you start comparing.) It looks very well-maintained, from the front door to the back porches, the floors, the walls, the details, all is there, and the loyout looks untouched.
As to all the listings, I think Donald Brennan is 100% on the money. Between the Wall Street reflation and the return of the bonuses, the luxury market is doing better than in the last two years. We are looking at 20 years of retiring baby boomers, sitting on massive equity. Last one in the pool is a rotten egg.
“people would rather go just a couple more stops to Ft. Greene, Boreum Hill, CG, Park Slope or Prospect Heights and get a comparable house for half the asking price…”
Ha. I spent the day in Park Slope on Sat. As always, I walk away thinking, “why?” It’s too crowded, there is too much traffic and it is waaaaaay too far to the City — the real reason most of us live around here. The Heights is so quiet, is only one stop from the City, and you can hop in a taxi and be in Tribecca for dinner in five minutes. The hood is also insulated by Brooklyn Bridge Park and Cadman Plaza, so it feels private — unlike Ft Greene, with its many unsavory characters wandering around… Cobble Hill is pretty nice, but you have a LONG walk to the subway unless you want to take the F, which takes forever… Face it, if you have some dough, you can’t beat The Heights.
It’s a pretty house – but SUPER $$ and then you will have to upgrade the kitchen and baths. I agree with 11217 – I’d much rather pay less in Park Slope.
Why are so many large houses put up for sale lately? Is it because the Heights has tuned into a zoo since they finished the new waterfront park? I mean on Saturday at lunchtime and beyond you couldn’t get into a restaurant (and we’re talking local diners here) without waiting on a huge line of foreign-language speaking patrons. And forgedabout finding a parking space. I’ve noticed that the Heights has been mobbed with tour busses and such over the last year and a half and we wonder if it has something to do with the new park drawing more and more people to the promenade?
Don’t wait. Get slaughtered now. Refi. Pull some equity. Go snorkeling.
***Bid half off peak comps***
By Brownstones Half Off on March 14, 2011 2:01 PM
Market soon half off.
How many more years do we need to wait??? Your prognostication is getting a bit long in the tooth after 3 years!!!!
“Why is everyone on Willow St selling?”
Hull met iceburg.
***Bid half off peak comps***
Maly,
You don’t know that it only needs a “gentle upgrade” from a couple photos. At the minimum it needs new mechanicals and kitchen and baths. And that’s just what we know already from the broker babble. So before we even look further, we’re talking over 4 million. We’ll see how it goes I guess. Lots to choose from on this street.
Generational transition.
Market has some strength in certain property types so sellers sidelined by the economic crisis of the past 4 years are now taking action.