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
There is very little turnover, 3:23. That’s why there are usually never more than about a dozen brownstones on the market at any one time in the entire neighborhood.
There are still quite a few of the older set who are just now cashing out. There are also a few who went in to make some money on a flip, although that’s extremely rare.
For the most part, people buy these homes and stay put for a long while.
I see very few homes sold by young people who are not moving out of state for a job transfer or something of that sort.
Most people buy a brownstone (especially in Park Slope) to live in for the bulk of their life.
Exactly 3:24.
3:15 – you still talking about the data that reflected pre-credit-crisis sales? Those data are less than meaningless.
3:15: “Fox reports henhouse is secure.”
where do people move after selling their gorgeous PS brownstones?
curious
That doesn’t mean buyers should expect to get apartments for a song, especially in Brooklyn’s most coveted neighborhoods. Data recently released by the Corcoran Group show that sales in and around the three areas where Corcoran has offices — Brooklyn Heights, Fort Greene and Park Slope — closed at all-time highs in July, August and September.
Buyers paid an average of 11 percent more for apartments than they did a year ago and closed 28 percent more transactions. The sales volume of single-family houses in Brooklyn rose by 63 percent from the year before, and buyers paid an average of $1.6 million, according to the Corcoran data.
“The areas that we do, and I can only speak about them, are doing very, very well,†said Frank Percesepe, the regional vice president of the Corcoran Group in Brooklyn. “We’re not finding weakness.â€
Good god 3:07/1:53. Settle down and call everyone on your sign-in sheets again.
THREE new listings in one of the largest neighborhoods in Brooklyn???
Say it ain’t so!
Sounds like a glut to me!!!
To the incredibly defensive (why?) 1:53 poster: there are actually quite a few Park Slope brownstones on the market, and many less-than-perfect houses in prime PS locations have been on the market for some time. I have no interest in doing the homework for you, but if you doubt what I say, just do a NY Times PS search, then cross-reference your results with the individual broker websites and you’ll see they’re still on the market. Just this week, I counted an additional THREE new PS listings, NOT INCLUDING the three houses on Lincoln Place.
Meh.