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
Bensonhurst is better than all your pansy nabes!
Wow–this thread is almost as long as that Goldman-Brooklyn Hts thread!
6:07 But they said they “expected” this, and all I am saying is that it is not such a crazy expectation since I had the same ill-informed expectation when I first started looking. That person just didn’t realize – like I didn’t realize – how much more expensive park slope is (or in the case of fringe park slope – similarly priced).
People from park slope just assume that everyone knows that park slope is more expensive than any other south brooklyn neighborhood and I am trying to make a point that many people are surprised to find out how expensive park slope because they can’t abide it and assume many people feel the same.
no one is debating that the price of this house is rediculous. that was established a long time ago. get with the program. we are talking about Park Slope as we always do and its amazing largeness.
No matter how enamored you are of Carroll Gardens, anyone paying anywhere close to asking price on this house is making a really stupid investment.
It is not nonsense, it is true. Carroll Gardens is just so much better than Park Slope, not just because it is closer to manhattan and takes less than 10 minutes to get there by car or subway but just because Carroll Gardens is better and everyone knows it, even you.
Ok–so Greenpoint is closer to Manhattan than Windsor Terrace or Park Slope. Do prices reflect that? Just because it’s closer to Manhattan? Red Hook is closer to Manhattan than Park Slope? Do prices reflect that? Actual proximity to Manhattan is obviously not ALL that determines property values, which is why I would never pay more for the SAME house in Carroll Gardens than in Park Slope. And for the record, I live in Manhattan, not in Brooklyn.
Actually, some of us who live in Broken Heights, as I call, do know what the internet is and can actually find Brownstoner. I can even do it from work which is where I am taking a break reading this unbelievably long thread (I should be doing something more productive). Hard as it may be to believe, most residents are not old money and almost everyone in BH does work for a living. Pretty much in jobs where working 12+ hours a day is the norm. Finally, if you know of a dump in the Heights, point it out. The last one I know of on Joralemon got bought in a heartbeat at a price I think was over $3mm by a developer who is now trying to sell an over priced property.
TRUST ME, no matter how much someone says they prefer Carroll Gardens, NO ONE PREFERS IT SO MUCH AS TO PAY $3.5 million for a 3-story brick house. Not the most ardent Carroll Gardens lover. No one. That’s the crux here. It’s not about which neighborhoods you prefer–it’s about what you’ll pay to live in them, and for what kind of house.