House of the Day: 98 Lafayette Avenue
Part of the reason that the market can feel like it’s softening is that property owners continue to price their houses at dream-levels. This house at 98 Lafayette Avenue in Fort Greene is a perfect example. It’s a four-story brick house just in from the corner of South Oxford that, other than its L-shaped lot…
Part of the reason that the market can feel like it’s softening is that property owners continue to price their houses at dream-levels. This house at 98 Lafayette Avenue in Fort Greene is a perfect example. It’s a four-story brick house just in from the corner of South Oxford that, other than its L-shaped lot that means parking, doesn’t appear to have anything special that would merit more than about a $2 million asking price. Instead, it’s on the market for $2,655,000. As far as we can tell, it also appears that the three-family house doesn’t have much original detail. What’s more, the heavily trafficed avenue is arguably less desireable than a side-street location in the area. Unless there’s some development angle with the driveway that we’re missing, we can’t see this getting close to the asking price. Can you?
98 Lafayette Avenue [Douglas Elliman] GMAP P*Shark
How long before we hear that they’ve got multiple offers?
It’s going to be a bidding war, I’m sure.
I looked at this house and the asking price seemed ridiculas to me. The house is 35 feet deep with no extension and no yard. And to the poster who said you could get $2500 a month — no way, at least not yet. That being said, I couldnt believe my ears when people were commenting on how nice the place was, how big the bathroom was etc. The lafayatte house up the block is way nicer and over $300k cheaper.
Right. “They have an offer.”
From me
$1.0M
Kathryn lilly is completely an idiot!
To 1:54 — I agree the house you linked to is much more attractive and a much better deal.
Ah… the inevitable “they have an offer” comment.
they have an offer.
I don’t understand why brokers are so blind to comps. Are they just so deluded that they think potential buyers won’t do their research?
This is a joke.