272hals0907.jpg
On the heels of several price cuts on Bed Stuy townhouses last week comes news that 272 Halsey, which we featured back in June when it was on the market for $1,175,000, has had its asking price reduced to the oddly specific number of $1,097,450. Although this is a cute house, it needs some work and was overpriced to begin with so there’s not a whole lot to read into here. Our guess is that it’ll have to come down at least 10 percent more before finding a buyer.
272 Halsey Street [Corcoran] GMAP P*Shark
House of the Day: 272 Halsey Street [Brownstoner]
Price Cuts at Bed Stuy Townhouses: Is This a Trend? [Brownstoner]


What's Your Take? Leave a Comment

Leave a Reply

  1. Yes, but you can also walk around Park Slope at 4am with little to no problems.

    You can’t put a price on safety and lovely surroundings. Well you can I suppose. It’s about a million dollars.

  2. yeah I have seen homes in non prime Park Slope that need much more work than this one that sell for 2 mil. For anyone that is smart and see that in 5 years this home will be double or more what it is today. I just brought a home two blocks away in Stuyvesant Heights and if I had any extra money I would invest Bedford Heights/Bedford Corners before it turns into Ft. Greene with 3 million dollar houses.

  3. Halsey, Thompkins and Throop is hardly pistol packing country now. This would be smack in the middle of a new Bedford Corners Historic District, when that is designated.

    I agree, nice house. I also agree it needs to go down some more. Not because Bed Stuy or this house isn’t worthy. But because the market is waay overinflated.

  4. This is a nice house!! Not sure about what kind of ‘work’ you think it needs, looks like they did a nice job upkeeping and updating it where needed.
    Also, you can still get Jumbo morgages for 7% despite what you read in the papers.

  5. Is this the house that has only had two owners in the past 117 years? I think the house is priced right if they are asking 3 million for S. Elliot Pl less than 2 miles away. I really wish people from Park Slope and Brooklyn hts did steal the front doors off these houses. I think doors make a house and may of the homes in Bedford Stuyvesant have the Sears special going on……

1 5 6 7