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The asking price on the four-story, two-family brownstone at 165 6th Avenue in Park Slope was just reduced by $100,000 only a week after being listed for $2,599,000. (Tough timing, what with the whole sub-prime crisis and all.) While some people might prefer to be on a side street, this is a lovely stretch of 6th Avenue and a beauty of a house. All the original molding and woodwork appears to be in good shape (though we’re not so sure those parlor floors are original) and the owners have done a good job of getting it into sales form. It’s hard to say what the market-clearing price is these days, but it looks like a better bang for the buck to us than yesterday’s house at 86 Garfield Place. Agree?
165 6th Avenue [Corcoran] GMAP P*Shark


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  1. We had some interest in the property but at the original asking price and the work we would want to do it was too much for us. (Bathrooms need updating and new kitchen) However, the real drawback was considering the prospect of the agent receiving a portion of the 6% of the asking price. She was a little deceptive in her practices suggesting that they were taking last and final offers on the property months ago. Here we are 4 months later with two price reductions. I appreciate that deals can fall apart. However, the suggestion on the agent’s part was that there were multiple offers being considered. If the seller would reconsider their choice of agents we would happily make an offer.

  2. What’s with complaining how the average working class person can’t afford a house in an upscale, expensive neighborhood? I swear, only in NYC do you hear whining like that. You don’t have working and middle class people feeling entitled to owning a house in Beverly Hills and complaining they can’t afford it. NYC is not the only place in the world with expensive neighborhoods. There are lots of decent neighborhoods in Queens and the Bronx that still have affordable houses and coops. Secondly, if there really is another depression, what, you think people will flee for the countryside? Where there are no jobs? Actually they’ll move in droves to the large cities. That’s what happens historically during economic downturns. Everybody knows it. There’s just a lot of fiction and fantasy in this thread today.

  3. Houses cost this much in Brooklyn (NYC in general) because people in NYC have the kind of jobs that can support the cost. Wall Stree, big law firms, fortune 500 companies etc. If you live in Aspen, you’re not earning your money in Aspen. You’ve made it elsewhere and brought it with you.

  4. people don’t just plunk down 2.5 million for a house. they first sell their 2-bedroom Manhattan apartment for 1.65 million (that they bought in 2000 for 745), pay down mortgage, take a million cash, put half down on this place and have 500k in the bank.

  5. 7:57 I am so with you. what fantasy are these people living? london is literally looking at triple the prices, and frankly, brooklyn is MUCH closer to all great manhattan neighborhoods than most neighbs in london are to the center of london – it’s that killer bridge and river that makes us new yorkers think we’re out of it in brooklyn. and to the retarded poster who said you’d be out of here with 2.5 – whoever buys that house doesn’t have 2.5, they have the deposit and the monthly income.

    and I actually can’t believe that people are listing dubai, key bicayne (spent a month there, HELL), La Jolla and aspen as alternatives to full time living in nyc. i think there are heavenly places to live (if you’re someone who can make money from home) but those aint it.

    Mother of God! you can certainly afford condos there if you’re living in brooklyn. Are you kidding me? clearly you’ve never even been to these places.

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