House of the Day: 535 1st Street Revisited
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…
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]
pretty much nothing going at below 3 mill on this block anymore. that cherry popped in these parts years ago. have a look at the sales data.
hmmmm 5:43, my first guess is that you’re a professional PRICK and business has been very good.
Can I pet your kitten?
I clone my dog and sell off the carbon copies for 100x the value of the mutt. It’s a cute dog, people think it’s an exotic breed.
I bought a kitten in 2005 and sold it last month for 5 times what I paid.
5:30 – i am just talking to myself.
I did not know that about co-ops. Because I’ve never debt financed a real estate purchase; never had to. I’ll leave it to you to guess why.
Anyhow, down payments are only part of the picture. Gone forever are teaser rates, re-sets, ARMs, the whole yadda.
If this were a liquid market, we could design derivatives that forced brokers to put their money where their mouth was: i.e, a right, or option, to buy back properties two years after a sale at the same sale price. Who among you little Corcoran beetles would do that for me now on one of these CG buildings? Then we could talk deal.
I’m not trying to be snarky, but I can’t for the life of me figure out what your point is, 5:30.
“I think Corcoran is now being run my the mob.
That is really the only viable reason to me why these Caroll Gardens properties could be priced so outrageously. ”
This is true.