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There are lots of things to like about this new listing at 44 1st Place (the moldings are our favorite!) but the asking price has us scratching our head. Granted the house is bigger than most (24 feet wide with an extension on the lower two floors) but $3,600,000 for a four-family house in this location seems aggressive, doesn’t it? A brownstone around the corner (which to be fair probably is not as nice on the inside) sold in May for $1,405,000.
44 1st Place [Realty Collective] GMAP P*Shark


What's Your Take? Leave a Comment

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  1. I think the Realty Collective needs a collective dose of reality. Read their mission statement and you’ll see these are artsy-types who have no clue about the market and comps. Such a shame, since I’d like to see a collective that has alternative values/practices to the BHS, et. al.

  2. I know gut jobs around the block much smaller that are going for $1.85 to $1.925 million. 432 Clinton st.and 436 Clinton st
    65 1st place is in contract for $2.45 mill and its not as nice.
    if 369 Clinton st 2.8 mill and 371 Clinton st 2.7 mill both 16 feet wide could sell at those prices
    then come on this could easily sell for close to ask.

  3. CGfan, to me, the facade looks like a brown paper bag.
    All the details including the cornice and ironwork have been removed. It is a stripped-down ghost of a house.
    All those tings can be restored of course, but for a price.

  4. funny Minard, I think the house has a fair amount of “curb appeal”. Have you ever been on that block? I imagine the house does need alot of work, but it doesn’t look in bad condition compared to many “fixer upers” I’ve seen.

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