House of the Day: 60 Montgomery Place
Not that $3,450,000 ain’t a lot of dough, but sometimes it’s a reasonable price to pay for a house and sometimes it’s not. While it’s hard to tell exactly how much restoration work a new owner would have to invest, this house at 60 Montgomery Place in Park Slope has that something special that would…
Not that $3,450,000 ain’t a lot of dough, but sometimes it’s a reasonable price to pay for a house and sometimes it’s not. While it’s hard to tell exactly how much restoration work a new owner would have to invest, this house at 60 Montgomery Place in Park Slope has that something special that would at least get our attention were we in the market to write this kind of check. Currently configured as two duplexes, the house is 70-feet deep on the first three floors and has “large rooms and distinctive details,” according to the Townsley & Gay listing. The sellers have owned the place for close to two decades. Has anyone been inside recently? If you had to put a million bucks into it, think it could still be worth it?
Montgomery Place Mansion [Townsley & Gay] GMAP P*Shark
You are mistaken, 5:22. Or what you say is true about them continuing to show it.
The sign was up for less than a month. I can see it from my window and I was the one who sent in the tip on the home to be featured for HOTD.
It doesn’t really matter. It needed a ton of work and sold for between 2.5 and 2.7 million.
That was the point of the question by the poster….to get an idea of prices in the neighborhood, not hear us fight about how long it was on the market.
It sold very fast considering it was a retired friend of the family selling it for sale by owner.
And I also toured the home. Like I said I live across the street.
It was a lot of money for a home that needed at least 500K worth of work.
5:21 – “I live across the street” – so if you’re telling the truth, you have a vested interested in talking up the sale.
If you’re lying, then you’re a broker.
Hey, maybe you’re both!
5:21: I saw that house as a prospective buyer two months after it was featured on HOTD, so it was not on the market for less than a month unless they were still showing it after having a signed contract.
first of all, i said close.
i know the family.
and secondly, it was on the market less than a month. i live across the street.
Um…Berkeley & 7th was REDUCED to $2.575 (advertised by a NY Times real estate post) after being on the market for a long time, and only then did the ads disappear. So it did not sell for $2.7.
Berkeley/8th went for 3.4 million.
Berkeley/7th went for close to 2.7 I’m told and it was a total fixer.
Not sure about Lincoln…
Does anyone know how this compares to other recent sales in Park Slope, including the places that sold on Berkeley and Lincoln in the same price range?
I think the Manhattan comparison is an interesting and appropriate point of reference. Brownstone Brooklyn is an alternative to Manhattan for more and more people. The secret’s out!
“NO ONE who is considering spending 8-10M on a house in Manhattan thinks “Oh, I could get the same thing for 4M in Brooklyn.” Perhaps not. But I bet a LOT of people are thinking “I can get a crappy, small townhouse in Manhattan for $4 mil or a $%#ing mansion in Brooklyn for the same price.”
i think this would get you an OK 3 bedroom on cpw. nothing special.
or you could have a mansion on one of the most gorgeous blocks in one of the best neighborhoods in the country.