House of the Day: Willow Place on the Cheap
The same person has owned this brick townhouse at 39 Willow Place in Brooklyn Heights since 1974, which might explain why it’s priced so cheaply. The photos in the listings, however, show that the house is in decent shape, though certainly lacking the jaw-dropping interiors of some houses in the area. Still, $2.5 million for…
The same person has owned this brick townhouse at 39 Willow Place in Brooklyn Heights since 1974, which might explain why it’s priced so cheaply. The photos in the listings, however, show that the house is in decent shape, though certainly lacking the jaw-dropping interiors of some houses in the area. Still, $2.5 million for a 25-footer in Brooklyn Heights? Not only that, but the price was dropped from $2,775,000 within ten days of it hitting the market earlier this month. What gives? What’s the catch?
39 Willow Place [Brown Harris Stevens] GMAP P*Shark
Price Cut [Natefind]
Do you really think that Old Realtor’s observation that brownstones don’t have side windows means that he “knows the Brooklyn market and knows it well”?
What are you, stupid?
That makes him Captain Obvious. That doesn’t make him an expert on Brooklyn brownstones or real estate.
Prices are bound to “fall precipitously”? Again, you portend a massive price drop! Tell me, are prices going to drop 50% simply because, “the real estate market moves in cycles” (post 2:19, April 20)? Or are you going to say that since you could’ve purchased a property much cheaper a few years ago, prices are bound to fall 50% (post 11:12, April 20)?
Seriously, you are a mental midget.
P.S. You misspelled “genious”, genius.
2:07pm,
Despite calling me a “moron” for not sharing your opinion of the near term future of the NYC real estate market, I’ll answer your question.
Old Realtor states “I wouldn’t live in a
dark brownstone with windows only on two sides.”
This is an excellent point which is rarely mentioned on this website. Most classic brownstones, specifically deep ones, have major natural light deficiencies because their are no windows on their sides to let in light.
He’s making an excellent point that multi-million dollar price tags for dark homes is odd. I happen to agree. Sometimes it takes a while for a market with little fluidity, like the Brooklyn townhouse market, to adjust properly.
Anon 2:07pm, when prices fall precipitously, which they’re bound to, I expect you to call me a genious and apologize for your uncalled for name calling.
Scarab, just how do you figure Old Realtor “knows the Brooklyn market” well? Nothing in his twaddle indicates any real estate expertise. That is, other than the fact that he calls himself a broker.
Wait–just remembered you’re the idiot who’s predicting a 50% drop in real estate prices.
Regarding your last post at 1:50, I’ll just chalk it up as a case of moron defending moron.
Actually, amongst all his “incoherent drivel,” I see the glow of truth within the the Old Realtor’s rant.
He may not possess the diction of Shelley, the prose of Dickenson, or the imagination of Balzac, but Old Realtor knows the Brooklyn market and he knows it well.
The market for townhouses is insanely high. When it crashes I sincerely hope Old Realtor is still around to offer his wisdom and share his experiences.
Thanks for your service, sir. You sound like a good man with a lot left in you!
Old Realtor,
That was the some of the most inane, incoherent drivel I’ve ever had the displeasure of reading.
It reads like it was written by someone who’s functionally retarded. Besides being riddled with spelling and grammatical errors, it makes absolutely no sense whatsoever. Seriously, you would do well to take a remedial English class at your local elementary school.
No one gives a shit what you think (who would listen to an uneducated moron like you?), and no one is worrying about your “bucolic self”.
To all those worrying about my bucolic self. That was a price mark I was comparing apples to oranges.Yes, I live here, make my livlihood in real estate for the last thirty five years. I was stating
what twenty or thirty of my fellow professionals stated over coffee. Is the market fueled by people who are not New Yorkers, you betcha, are prices too high, you betcha. So you paid three million for a house in Cobble Hill; you don’t think yu paid too much. Did a broker state you were getting a great deal. I will tell you that if Willow sells for under three mill and you paid close to three mill in a less desirable location.
Someone didn’t calculate properly. Last year, there was an open house near my office in Cobble Hill. A young man came in and asked me if a wooden house a block from the housing project was worth
1.5M. I told him price is dependent on many things besides value. How much do you really like the block and the house. I am sorry most of you have overpaid, in a three tier market someone
must pay more. I know it only takes one buyer to sell a house. We all remember what Barnum said. I bought my coop in 1979, I paid a fair price for my apartment. Others in the building had paid more. I have one of the more desirable locations in the city and have views of the park. I wouldn’t live in a
dark brownstone with wicdows on two sides. Not for the kind of money you are
paying. You have no windows, the only floor that gets any light is the parlor floor. You paid what? You have no windows. You have no views. Oh that’s right, if yu go to your roof you can see
New York City. Now there will be those, who will have something argumentative to say, guaranteed you paid too much, and you are planning on doubling your money in three years or less. Do you have a fabulous space, would you know one if you so one. I have been selling BROWNSTONES FOR A LONG TIME, THERE HAVE BEEN THREE OUT OF SEVERAL THOUSAND THAT STAY IN MY MIND; THE REST. NOT SO GOOD.
AN HONEST REALTOR
The Old Realtor
I’d like to schedule an appointment!
Anxiety and aggression. Yup, psychoanalyst in Manhattan, you seem to have that right.
Your logic definitely applies to places where people were buying 2nd and 3rd summer houses as “investments du jour”, 2:19. But here in NYC we all can only afford one property inside NYC, that’s the one we live in! People might drop their weekend houses on LI, sure.