House of the Day: 128 Lincoln Place
Prostitutes aren’t the only ones abandoning Lincoln Place. The block between 6th and 7th Avenues currently has three houses that just hit the market in the high $2 millions. At 104 and 108 (listed for $2.995 million and $2.8 million, respectively) Brown Harris Stevens and Corcoran are sharing the honors. And at today’s House of…
Prostitutes aren’t the only ones abandoning Lincoln Place. The block between 6th and 7th Avenues currently has three houses that just hit the market in the high $2 millions. At 104 and 108 (listed for $2.995 million and $2.8 million, respectively) Brown Harris Stevens and Corcoran are sharing the honors. And at today’s House of the Day, 128 Lincoln Place, Corcoran’s flying solo, asking $2.75 million for the two-family, four-story brownsone. It looks pretty nice to us. Is there anyone who’s been in all three houses that can compare and contrast?
128 Lincoln Place [Corcoran] GMAP P*Shark
104 Lincoln Place: BHS/Corcoran
108 Lincoln Place: Corcoran/BHS
Photo by Kate Leonova for PropertyShark
4:34 – good god, foaming at the mouth a bit?
Meanwhile gasoline prices have detached from the price of crude and are relatively low:
“While oil prices have soared in recent weeks, gasoline prices have held steady. The average national price of a gallon of gas was unchanged overnight at $2.76, according to AAA and the Oil Price Information Service. Many analysts had expected gas prices to rise to keep pace with oil’s 20 percent rally between late August and late September, but falling demand has kept gas prices in check.” Source: MSNBC
Sorry to bust your theory. Here’s some more relevant info:
Massive layoffs, negligible bonuses across the board in leveraged finance. Frozen credit markets (yes, still).
AP
Oil Futures Hit New Record Above $86
Monday October 15, 4:19 pm ET
By John Wilen, AP Business Writer
These real estate prices will be considered bargain basement soon. When Oil spirals out of control everyone will have no choice but to move to the big cities. Having to drive to work will be a death sentence!
Wake up people, the world is past peak production – Every year from now on demand for oil will rise and the amount that can be pulled out of the ground will shrink.
Buy something in the cities now before it is too late!
This block is only getting better (if that’s possible) once the former brothel is finished being converted to million-dollar plus-condos.
Looks like it’s going to be a beautiful conversion. Such an amazing building.
I have no doubt the next numbers released for Park Slope will be higher than for July-August and September.
3:46, you are mistaken (and hysterical, not ‘hysterically funny’, just hysterical).
Deals that closed in September went to contract pre-credit-crisis, so they reflect pre-crisis conditions. Do you need me to explain this more clearly?
I do agree that the #s we’ll see in a month or two will be more reflective of the current situation. Should be interesting.
And that was 3:46, #2.
What an asinine comment, 3:46.
Living in Park Slope for the bulk of my life..how scary is that!
3:39. That article was from yesterday.
And I do not believe sales numbers from September are PRE credit crisis numbers.
Why do some of you CONTINUE to be blind to what’s happening. Do you really think you’re going to get a good enough deal on a brownstone to make it affordable to you by talking shit about the market when real, live hard numbers show you otherwise?
Let me guess…if the numbers for OCT-DEC come back positive, you will say that all the guys in PS wanted to buy their wives a new home for xmas this year to make up for the war in Iraq, but come JAN, prices are gonna nosedive!