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]
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.
“Most of you sound like you hope that these people will get 1/3 of their asking price. And you know what that will mean for the U.S.? A depression that will make the Great One look like a circus.”
The country will go into a depression if the owners get only 1/3 of their asking price on a house in Brooklyn??
4:28–I think Corcoran is playing a game with their last 3 listings. It’s a cartel-like effort. But in this market, and with less expensive and much larger homes in virtually every brownstone neighborhood (except Bklyn Hts), they can dream on.
4:26, not really. It depends on what property you’re talking about. This limestone is overpriced by maybe $250-350K, if indeed it needs work on the inside. That’s not 1/3.
I agree with you 4:21 that President St. will go for 1/3 of asking but I would just like to know what type of pricing game Corcoran is playing in Carroll Gardens.
Most of you sound like you hope that these people will get 1/3 of their asking price.
And you know what that will mean for the U.S.?
A depression that will make the Great One look like a circus.
So keep that in mind as you toil away in your mom’s basement wishing you had jumped inot the largest housing boom in history.
I don’t think this listing is “grossly overpriced”, just a bit overpriced given its pricing history. But, it’s a limestone mansion pretty much on the park. Meanwhile the President street listing price mentioned above is absolutely laughable.
3:49 is right. The final sales price is all that matters, and the one on this house will be lower than asking, and the one on that Pres St. house will be about 1/3 of asking.
Is it over yet?