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After Corcoran failed to move it back in 2006 first at $3,500,000 and then at $3,100,000, the limestone mansion at 535 1st Street in Park Slope has just come back on the market for another try with Douglas Elliman. The asking price? $3,675,000. The princely pad is 4,420 square feet large, but we’re not sure why something that failed to sell 18 months ago would now sell for 20% higher in this market. A the very least, it wouldn’t hurt to have some interior photos to look at. (There is one on the old HOTD link below.)
535 1st Street [Douglas Elliman] GMAP P*Shark
House of the Day: 535 1st Street [Brownstoner]


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  1. Ok, ok. Here’s my research AND a perfect comp.

    527 1st Street, the same style limestone right down the block, closed for $3.025 million in September 2007. However, it was only 16.5′ wide. It was listed with Townsley & Gay (at a higher price) for a while, and it’s still on their website in case you’d like to see the interior pictures: (there’s no direct link, so just scroll down to “Finest Limestone Townhouse” # 108)
    http://www.townsleyandg.com/

    So, if this one is 21′ wide and needs some work, which I will assume from the lack of pictures, how much should it fetch? I’m sure the pricing is negotiable, if they are serious about selling.

  2. You all are REALLY dense, aren’t you.

    This is known to be the slowest time of year for Real Estate.

    I thought everyone knew that.

    A market with little (practically zero) inventory in the middle of January and prices above 3 million is soft?

    OK.

    You know best.

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