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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


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  1. Just a total larky guess, but maybe the new game is to overprice by a third, then when something like this place drops below three, the broker can claim that yes, in fact, it’s gotten the requisite haircut, blah blah blah –i.e., (some) buyers have just as much money as a year ago, but the psychology is different. As to what this should sell for, for nothing other than a throwaway larf, my wife and I stopped into an open house for one of the mansion-ettes on Willow. No traffic, nice, big place, best block in the Heights, and the broker was absolutely desperate to signal that the asking could drop, and stone-like, from the fours into into the threes. If someone buys this place without a 35% discount to the current and thoroughly insulting price, they are really, really weak.

  2. There are usually a couple of Brooklyn Heights dumps sold every year for around $2 million or less. Many of them have been “House of the Day” on brownstoner. Search the archives.

  3. “Usually, all our clicks make the featured property the “most viewed” on Corcoran’s website. This one didn’t make it.”

    Yes, but a place in Park Slope did.

    Even without the majestic power of Brownstoner’s HOTD to boost the click rate.

  4. Usually, all our clicks make the featured property the “most viewed” on Corcoran’s website. This one didn’t make it. Must be because we were all too blinded by the price to click on it.

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