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
2:22PM,
You must be joking. Racism and ignorance…
three pont what?!?!?!
for fort blacke?
People have to remember some of the reasons why houses have been going for decent prices in FG: location is a MAJOR factor; it’s more laid back; and, you can even consider that the houses are older than PS generally and have character from an earlier era—frankly more picturesque.
Was back in my ol’ stomping grounds of the UES (yuck) yesterday and we agreed that much of it is basically u-g-l-y, that FG can be much more charming…that is, if you like mid-century cuteness…Granted, it’s not cutesified like Georgetown but by NYC standards, it’s not too bad.
The nabe has lots of playgrounds which are getting more and more crowded, is a hop to the BQE and the bridges, has decent parking and a decent garage on DeKalb; and, right by a major transit hub. People who buy these brownstones have been spotted coming in on the LIRR on summer Monday mornings coming in from their house in the Hamptons. Maybe this is happening in PS just as much.
Nobody is taking into account such things as the competition going on at the FG First Presbyterian Church of Brooklyn play-date program. Sign-up was to begin at 9:30AM on a Thursday. People were lined up at 7:30AM with the line wrapping around the block before the doors opened.
Despite the various north-of-Myrtle buildings people refer to, the changing face of FG is profoundly yuppy and privileged.
It remains to be seen if the financial sector job shakeouts sure to come Q1’08 will stop this trend. Ear on the rail: a recent sale went to one of FCR’s staffers. Will their ilk be moving to FG to have a base for the proposed years of construction?
FG/TGL
You think they’ll throw in those country chairs and table on the parlor floor?
3.875M to live in a former crackhouse, a block from the projects.
Whoever buy this deserves it
Yo Retards, The shit has hit the fan. This the start of the Long Emergency. Money and credit will dry up. 3+ Million for a house on Washington Ave. Get the ferk out of here. Citibank is INSOLVENT dumbasses! WAMU is INSOLVENT also! Get your money out of there, ASAP!
Rubin, Bischoff to split top Citi roles; Prince ousted
Up to $11 bln in new write-offs seen; SEC accounting review reportedly set
http://www.marketwatch.com/news/story/prince-out-citi-duties-split/story.aspx?guid=1CA9FC41-0F21-434F-9F07-9E08C12CDF31&dist=SecMostMailed
The What
Someday this war is going to end
Montgomery Place is also not a block away from the projects…
People buying this house (even it goes for 3.1) may not be worrying about getting their kids into a good public school.
I’m also boggled how this place could be more than Montgomery or the Berkeley Place 3.4 million beauty that went a couple months ago.
Say what you will about Park Slope, but certainly the access to Prospect Park and the school situation is far superior.