House of the Day: 193 Washington Park
While the owners of 204 Washington Park try to get close to $3 million for their five-story brownstone, a 25-footer up the block at 193 Washington Park just hit the market with a price tag of $3,875,000. (Another comp: The 4,400-square-foot, immaculately renovated house at 181 Washington Park sold last spring for $3,037,500.) Before you…
While the owners of 204 Washington Park try to get close to $3 million for their five-story brownstone, a 25-footer up the block at 193 Washington Park just hit the market with a price tag of $3,875,000. (Another comp: The 4,400-square-foot, immaculately renovated house at 181 Washington Park sold last spring for $3,037,500.) Before you completely write off the owners as lunatics, consider that it is a solid 6,500 square feet. That said, it’s been in the same hands for over 25 years and, while certainly in decent shape and full of charm, it’s not like somebody just dumped a million bucks into the place. As much as we love the location, we have a hard time seeing how a family buyer would step up at this price. The only possibility would be for a conversion and event that, with a pre-conversion price of about $500 a foot, seems pretty skinny.
193 Washington Park [Corcoran] GMAP P*Shark
Pretty soon all the brownstones in Fort Greene will be condo conversions–awesome.
I’ll bet you this listing is somehow related to this:
http://bstoner.wpengine.com/brownstoner/archives/2007/10/wtf_on_washingt.php
The broker was probably “priming” the market for 193 Wash. Park with the fake listing and fake price, got snagged, and then ended up losing the real listing to Corcoran.
Townhouses in Greenwich Village are $15 million and up–so what? Does that you can put any price tag on a Brooklyn brownstone? Does it mean I’ll pay anything for a Brooklyn brownstone just because it’s cheaper than a Manhattan brownstone? Hell no.
Yo, super defensive 4:16. My point is that if you CAN EASILY AFFORD the $8 million for that West End Ave townhouse, I doubt you’ll be saying “whoa, I can get a house for 1/2 the price in Brooklyn”. I live on the UWS and I’m looking in Brooklyn, so calm the heck down. Different price brackets in this case, that’s all.
I love how someone (4:10) thinks that no one looking at a property on the Upper West Side could POSSIBLY want to look in Brooklyn.
It used to be that the Upper West side was filled with hippies and left wing liberals (still is in fact).
Believe it or not…MOST of the people moving to Brownstone Brooklyn are from the Upper West Side of Manhattan in search of a similar feel they had 10-20 years ago with cheaper home prices.
West End Avenue is not Park Avenue. Nor is it 5th Avenue along the Park.
Practically everyone I know who lives in Park Slope or Ft. Greene came here from the UWS.
Sorry, but I HIGHLY doubt that a buyer who can afford to even consider the $8 million West End Avenue brownstone would be in the market for a Ft. Greene house. They’re two different properties in two very different neighborhoods and price brackets, and I doubt they attract the same buyers.
3:56, I think I know the WEA brownstone you speak of, and it’s a 1-family mansion in pristine shape. Sure, 1/2 the price to move to Brooklyn, and then have to sink another 1.5-2 million into making this a high-end 1-family home to match the WEA mansion. Not the best deal, me thinks.
Actually, 181 Washington Park was over 5400 sg ft. and had an entire extra story–five floors in all. AND it was a 1-family expensive and high-end RESTORATION, not just renovation. AND it closed just 3 months ago at a little over $3 million.
People that live in Projects never cause crime… It is the poeple who visit.. like us that make trouble…