House of the Day: 242 Washington Avenue
We had already started to write up 242 Washington Avenue as a House of the Day when it hit us: We’ve been inside that house. We were guests at a lovely al fresco dinner party last summer. In fact, Mrs. B had just been talking about how the owner’s duplex would make a good interiors…
We had already started to write up 242 Washington Avenue as a House of the Day when it hit us: We’ve been inside that house. We were guests at a lovely al fresco dinner party last summer. In fact, Mrs. B had just been talking about how the owner’s duplex would make a good interiors post. Given the conflict of interest, we’ll steer clear of opining about the $2,300,000 asking price, and just say that the owner’s duplex of this five-story, 5,500-square-foot house is really nicely done in a simple but elegant manner. We’ve never seen the upper three rental units, but judging from the photos they’re not as nice. They do, as the listing points out, generate over $50,000 a year in income. This’ll be an interesting one to watch.
242 Washington Avenue [Corcoran] GMAP P*Shark
They’d need to be passing around a bong for anyone to even consider busting out their checkbook for this one.
It will be re-listed tomorrow for half price.
Maybe buy one, get one free…?
I agree with you 8:17, I meant the same thing. They just came out with another one which I’m sure will be featured soon. The pricing on this one is even more nonsensical. It is not only NOT based on comps, it is not based on reality.
There seems to be something else at work here–I don’t think these sellers really need to sell. It’s more of a realtor stunt, I think.
Free cheese and crackers? I am there. Don’t they usually serve some grape flavored sugary concoction at these things?
7:57…
I was kinda kidding about the discount thing, but to be fair…Corcoran is getting a hefty profit off the sale of this house (assuming that actually happens) so not basing the price on comps in the neighborhood is NOT an excuse.
THAT IS THEIR JOB!!! Pricing the property is the most important thing they will do and is really the only thing they do that needs some work and “expertise.”
Standing around serving cheese and crackers at an open house could be done by an ape.
Thanks 7:39–I knew it looked off and ugly, but I couldn’t for the life of me figure out what had happened with the cornice and top floor. It looks totally bastardized, poor thing.
7:49–no not really. That’s not a discount–it’s a reality check. It was an arbitrary price that was NOT based on comps for that sized house. So they pulled the number out of their asses. Maybe they didn’t think anyone would notice.
So all it takes is 200 plus comments on Brownstoner and you get a half million discount??!!!
I need to make sure when I sell, I’m off the radar then.
WOWOW….78 3rd Place really did get slashed!!!
When listed on HOTD last week it was 3.495 million
Been slashed to 2.95 million.
That’s quite the BROWNSTONER DISCOUNT!
But can you tell us how you REALLY feel, 7:39?