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
No house hunter who is looking in Carroll Gardens will take this listing seriously.
I agree with 2:21. I take the F at Carroll St, and my ride to Rock Center is 25-30 min tops. However, I do get a seat because I leave quite early in the morning.
“I used to live in Park Slope and take the F train at 7th & 9th. It took me an hour to get to midtown.”
I find that odd. I get into midtown from the 15th Street stop in 40 minutes. And I get a seat while anybody getting on at Carroll St has to stand.
Way overpriced and I repeat my previous post: Anyone who is considering this house (and clearly, the posts about someone really doing so are fake) should simply walk around the neighborhood and find a much larger home they love. Knock on the door and offer the owner $3.5 million and you have an excellent shot at getting the house. No need to buy this one.
listing is fake
Comps or no comps the price of this house is RIDICULOUS. Good luck with that you greedy owners! Obviously you’re not really looking to sell.
10.50am–two of the 2nd Place comps mentioned WERE in fact 2-family houses that just had a legal C of O of more (which is very common). I saw them during my house hunt. They were 2-family, just like this one. So they are perfect comparables, but not in price obviously.
This poor house is so overpriced that it will not be taken seriously, and will become one of those white elephants that languish until eventually taken off the market. What is more shocking is that usually you see a flipper try to get such a high price, not someone who’s owned it since the 1980s. Must be some convincing brokers. And their pitch most likely centered around a potential developer coming in and making millions, which is virtually impossible at this asking price.
“isn’t is this idiotic bronwstoner crowd that says it costs a million bucks to transform a multi-family to a single or double family???”
No, some contractors do. No one would spend anywhere near that to transform a 3-story house, and this one IS a 2-family already, so anyone wanting to make it a 1-family has to sink dough in from the get-go. So there is no way for you to justify the price. Also, not everyone is converting houses to 1-family, are you serious??? For many, a 2-3 family is a major bonus.
The best comp is the 2nd Street house mentioned. Only 3 blocks away, same FAR, same size, BUT perfectly renovated, central air, fancy upgrades, large garden. AND 1 million less, for move-in condition. Sorry, broker at 10:50 am. There is no precedent for the pricing of this mediocre HOTD.