House of the Day: 78 3rd Place
When did average-sized houses in Carroll Gardens start being worth over $3 million? Whenever it was, we didn’t get the memo. Last month, it was 44 1st Place, a generally attractive but inconsistent four-story house asking $3,842,500. (One reader wrote us a particularly nasty email about our stance on that post.) Now it’s 78 3rd…

When did average-sized houses in Carroll Gardens start being worth over $3 million? Whenever it was, we didn’t get the memo. Last month, it was 44 1st Place, a generally attractive but inconsistent four-story house asking $3,842,500. (One reader wrote us a particularly nasty email about our stance on that post.) Now it’s 78 3rd Place, a 3,100-square-foot, three-story brick that, while 23-feet-wide and full of charm, doesn’t feel like it’s worth quite $3,495,000. Are we just out of touch with the Carroll Gardens market or sellers overreaching?
78 3rd Place [Corcoran] GMAP P*Shark
those of us who were defending CG on this thread were responding to someone who responded with scorn and derision to a person who innocently wrote that they would expect to pay more in CG than PS. No one EVER said this house was reasonabley priced. I absolutely agree that this price has been pulled out of an ass.
dose this house come with a family also?
But why is it that Park Slope comes up in every thread about another neighborhood. Because people from Park Slope can’t stand to see other neighborhoods talked about in a constructive manner.
condo anyone lol
no developer could make a profit with this house at this price–no way.
Carroll Gardens is a nice neighborhood. Absolutely. However, this house is overpriced by a SHITLOAD. No doubt about it. That has nothing to do with the merits of the neighborhood. They pulled this price out of their asses. It’s not real.
To all those people who say they bought in Carroll Gardens, you certainly did not buy at this price. So, your comments are irrelevant and have nothing to do with the price of this house.
The reason other neighborhoods (including Park Slope) come up at all in discussions of a property is because it is normal and natural to look at what that money buys you elsewhere. Certain areas are more expensive and others are cheaper. It’s not competition. It’s about comparables. And I’ve never seen houses in Carroll Gardens sell for the price that houses in Brooklyn Heights or Park Slope sell for. So, in discussing price, when a house is so arbitrarily overpriced, it is inevitable for these discussions to arise.
I think the broker already commented that the price is all about the FAR. 3rd place has buildings that are 6 and 7 stories high. This price is targeting a developer, who will expand the building.