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
1:56–you are so full of shit it’s not even funny. Any hedge funder knows he can get much more house for that dough, in more “prestigious” nabes.
I read somewhere that in slow markets, some brokers put out eye-popping and crazily-priced listings, knowing full well they will never sell ANYWHERE near the listing price, just to create the appearance that all is well with the market. They’re phantom listings in a way. I’ve seen a few of these come on the market since the New Year.
I have a friend who works for a hedge fund and he and his wife are making an offer on this place. They saw it over the weekend and are expecting their first child soon.
44 1st Place is obviously still on the market, and this one will be as well until they go well below $3m. Carroll Gardens just does not merit these kinds of prices.
Hoax–nothing more, nothing less. Not a real listing. Just a vehicle for brokers to get themselves known.
Price works – if it’s 200 feet deep.
It’s been said already, but this is beyond typical-aggressive-broker-pricing. You would have to be a fool to pay that much for this place…even 8 months ago.
You know, I thought the whole idea behind using a broker was they are so knowledgeable about the areas where they sell houses… They certainly don’t offer much other value-added for their 6% cut… People need to open their eyes and realize how truly irrelevant the “profession” of real estate brokering is in this day and age.
Unbelievable.
If you live long enough, you see everything.
Fifteen years ago, Carroll Gardens was the armpit of Brooklyn, goombah-land.
As a buyer who has been house hunting in many brownstone neighborhoods over the past 6 months, I am truly shocked by this listing. The price tag for this sized house in this neighborhood has absolutely no basis in reality. I can’t imagine the owners are serious about selling this house. This seems like a bad joke.