44firstplace07.jpg
The four-story house at 44 1st Place may indeed be one of the “Grand Dames” of Carroll Gardens, as the listing claims, but is it the house to break the $1,000 a foot barrier in Carroll Gardens it’s looking like a big stretch to us. It’s hard not to get excited by the parlor floor detail but some of the other finishes (the ground-floor kitchen, for example) leave us a little limp. Seems that to get anywhere close to the asking price of $3,842,500 this place would have to be absolute perfection throughout, which it’s clearly not. More power them if they can get this price but we think they’re off by a good million bucks.
44 1st Place [Douglas Elliman] GMAP P*Shark


What's Your Take? Leave a Comment

Leave a Reply

  1. 4:31,
    You are completely wrong.
    the wealthy like to separate their income producing properties from their residence.
    They may have an apartment for an assitant or
    a nanny but not a rental tenant. Honestly.
    A rental tenant in your house is stricty middle-class.
    It is really, really unthinkable not only in terms of class but even liability.
    Are you same idiot that says more or less the same thing every time a really epensive house comes up? Stop it. You’re annoying and wrong.

  2. “That is over $6000 to help offset the mortgage”

    Well, that would cover 1/3 of the mortgage by giving up 1/2 of the house.

    And of course you would have to drop a lot more money to turn those into $3k rentals,

  3. People always make the argument that anyone looking in that price range is not looking for rental income to help cover the mortgage, which simply is not true. The two top floor rentals which are over a 1000 sq. ft. each can easily get $3000 a each. That is over $6000 to help offset the mortgage that is a huge hunk of change that anyone, rich or poor, would welcome. I agree that there are those people who are just not interested in rentals, but that does not have to do with how much money they are willing to spend.

  4. Yes, $730/sf for First Pl seems reasonable. I don’t know where the rest of you are getting your comps, but these seems like a bargain compared to some of the other places going for quite a bit more per square foot on Brownstoner lately.

1 3 4 5 6 7