House of the Day: 190 Lincoln Road
Here’s some classic PLG-y goodness for ya. The one-family house at 190 Lincoln Road is an estate sale asking $995,000. We’re loving what we see—parquet floors, pier mirror, original paneling—but, given the work that’s going to have to go into the bathrooms and kitchen alone (and the fact that it’s only three stories, including the…
Here’s some classic PLG-y goodness for ya. The one-family house at 190 Lincoln Road is an estate sale asking $995,000. We’re loving what we see—parquet floors, pier mirror, original paneling—but, given the work that’s going to have to go into the bathrooms and kitchen alone (and the fact that it’s only three stories, including the basement), we’re a little skeptical about the price. Six months ago, maybe. Now, seems like a stretch. What do the locals think?
190 Lincoln Road [NY Times] GMAP P*Shark
Fenimore is not prime PLG. If Fenimore is worth $800K, then the same house on this block is definitely $1M.
PLG… 84 Fenimore Just Closed $789,000
Same type of house.. pics look the same too!
Needed work, but great bones.. passed inspection!
Howard
The market in Lefferts Manor has slowed a lot since early Spring. It was really hot for about 2 months, but since then a lot of listings have been sitting around or selling for under asking. The market in PLG as a whole is like a sew-saw–up, down, up, down. It never really takes off. For the current amrket, this price seems high.
Given that Alan Greenspan is being quoted as saying there is a “bubble” and that there will be a 10% to 20% drop in real estate prices in all markets, I think it is a sure bet that homes in “fringe” areas like lefferts Manor will be among the first to drop. The three approaches I’ve heard are 1) wait for prices to drop 2) buy in areas that have already dropped and 3) only buy in blue-chip areas.
1:32 poster who’s looking for a bigger space…
after an exhaustive search, we found a killer 2000 sq. ft duplex with a yard and a patio in a condo in the heart of williamsburg. we have a kid as too many of our neighbors, so we understand the need for space.
our condo has everything including central air and feels like a house more than an apartment.
also, it’s an area with lots to do and is very safe and very convenient. Prospect/Ditmas is so far comparitively and offers little to do in comparison. More dangerous too.
if you have to have a house, and don’t want to spend that much, then you will have to sacrifice neighborhood. this is the allure of the condos – you can get space and amenities in good neighborhoods.
consider a condo that is in a brownstone or pre war maybe then if you don’t like modern design.
this was just a suggestion to that poster, realize condo’s not for everyone…
Hey now, let’s not insult Bed Stuy or Crown Heights even if we like our own PLG. All for one and one for all. Seriously though, let’s all stop the competitiveness. It’s like a gaggle of junior high school mean-girls around here too often.
I just know every single person we know wants to buy a house. Still.
Sequence, my friend at 3:29, sequence. Condos suffer first. People want houses no more than they did in 2001.
I’ve seen this house on the inside. It has three floors which are above grade, plus a cellar. The above grade floors measure close to 3000 sq. ft. And the cellar is nearly 1000 sq. ft. This is a big brownstone. It’s a great block too. The price seems totally reasonable to me, even if it needs work. I think Brownstoner is confusing PLG with Bed-Stuy and Crown Heights again.
Guest 3:29,
Actually I’ve only seen the outside, but I know the general configuration of these houses (which is similar to that of my house a couple of blocks away).