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
I can’t for the life of me figure out why someone would prefer CG over PS.
Smith Street is a joke.
The F Train is a joke.
The people are a joke.
The “expensive” areas of Park Slope are in the North which use the 2/3/Q trains…a much quicker commute to Manhattan than via the F from CG.
And the retail on 5th and even 7th to a lesser extent is far superior to Smith, in my opinion.
OH and there a HUGE FREAKIN PARK…THE BEST IN NYC…IN PARK SLOPE!
This discussion has deteriorated from the original discussion about that specific house being priced correctly.
OK… first of all. PS is what it is…. It has the PARK. Prospect Park. The 2nd Largest Park in NYC and the same designer.
Start this discussion in another thread or ppl will just not benefit from it because they don’t know it’s being discussed.
OK, so there are ignorant people in Manhattan who don’t like Park Slope. What’s new? They’re not buying in that market – how does their thinking affect prices?
Park Slope is just a super neighborhood. Dripping in charm, with all kinds of funky eateries and cutting edge boutiques. Plus the charm of tree-lined brownstone streets. All within a short subway ride of Manhattan. You know you’ve found home – when you’ve found Park Slope!
3:09 – it is not idiotic, just ignorant. It wasn’t until I got addicted to brownstoner and learned more about the brookly market that I found out that park slope was considered by most people on this site (and most people in general since the prices reflect it) as more desirable than Carroll Gardens. Before I learned more about the brooklyn market it was unfathomable to me that people would prefer park slope over cobble hill/carroll gardens (of course, I mean north carroll gardens, not houses on huntington by the BQE for example). You dont’ understand – there are people who REALLY dislike park slope and feel it’s land locked and too far away from manhattan.
Two-thirds of the house sales in Brooklyn Heights in 2006 and 2007 were under $4 million. In fact, almost all of those were $3.5 million or under, including a few below $3.0 million. There were (and are) a lot of LISTINGS for houses at $4 million and up, but only the trophy houses are (were) actually getting those prices.
How do you like them comps?
3:09 – Because I initially was looking in Park Slope for over a year and decided the prices were ridiculous for how far the commute to Manhattan was, plus there were a lot of undesirable qualities that I saw in Park Slope – but again it’s a personal preference. Don’t understand the hype of Park Slope. First house I saw in Carroll Gardens I bought because of location and neighborhood. Best decision I ever made. Even if the house eventually goes for $2.5m, CG will finally get recognition that it’s a desirable neighborhood not gumbaland.
Enough about the house already, let’s talk asshats.
Rjovie (2:16) – I take credit for spotting that creative term in one of the What’s rants. That and “2008 is going to be a Fuck You Year!” are two of the funnier things he has said, the latter, alas, has sadly not caught on. Whereas everyone else flames the poor sod, I sometimes afford him (her? or just “what”?) the praise he deserves for his crude yet creative linguistic skills.
yes