House of the Day: 193 Washington Park Price Cut
“Ridiculous,” “Give me a break,” and “This will sit for a long time” were some of the comments from readers when we first featured 193 Washington Park as a House of the Day back in early November; at the time, it was listed for $3,875,000. Looks like the commenters were right: After a couple months…
“Ridiculous,” “Give me a break,” and “This will sit for a long time” were some of the comments from readers when we first featured 193 Washington Park as a House of the Day back in early November; at the time, it was listed for $3,875,000. Looks like the commenters were right: After a couple months of no love from buyers, the asking price for the 6,500-square-foot brownstone overlooking Fort Greene Park was cut last week to $3,625,000, a price that still seems like a stretch in the current environment. Think there’ll be any takers for the 25-footer at this new price?
193 Washington Park [Corcoran] GMAP P*Shark
House of the Day: 193 Washington Park [Brownstoner]
3:40–Hey Albert is that you? Or is it your spectacular broker duo?
This scenario sounds like it’ll be a replay of 338 Clinton Avenue, which was recently taken off the market after BHS tried to sell it at a ridiculous price for almost two years. Same deal with owner having various houses in CH, being inflexible with price, etc.
most people in these neighborhoods spent less than 100K on their homes, 3:40.
almost all my neighborhs in park slope bought their house 30 years ago for pennies.
why do you think you are special for pointing out one guy of thousands who have millions in equity.
i find most others more impressive, becasue they bought it as a place to raise their families and now have reaped the benefit of a home worth millions.
sounds more impressive to me than an investor who as you say “doesn’t care”
that probably sums him up quite nicely.
the guy who owns this paid 70K for it in the 70’s…he also owns the house next door that he paid 75K for around the same time…even if it sells at 3mm his portfolio is worth 6mm…do you think he cares what all you morons have to say? how many of all you brilliant real estate mavens have 6mm net worth? (from just two buildings – he has more) oh yes and by the way, he’s been ripping a 15%+ cap rate out of the property for the past 10-years…
you are all so f’ing sad and stupid…sometimes it’s just better to hear the rantings of The What than self-styled stylings of the wanna-be rich and famous
Im whites and I lives in Fawrte Greens.
I would need to see the rent rolls of this small apartment building to really determine if the price is too high.
Once a building like this has four units it really loses the sense of being a private house for the owner. I assume who ever buys this will not live there but rather will use it as income/depreciation investment.
181 Washington Park was 22′ wide but had a full 5-th story that this place does not have–so it evens out. Also, the interiors of 181 were stunningly beautiful. It gave me goose bumps when I saw it. It was just amazing.
This house here is overpriced. It will continue to sit I guess, and it’ll become that white elephant until the owner takes it off the market.
I don’t much care for Ft. Greene, 3:05. Too many white people who think they are black, for my taste.
I already own a brownstone in Park Slope.
Thanks for the offer, though.
So buy it at asking price, 2:59. Seems like you’ve found the perfect match for you at just the right price. The market has spoken.
I agree that the chop isn’t going to get things done. The conventional wisdom (and we know how right that is…) says small cuts only whet buyers’ appetites for more cuts. A 10% drop might send a more serious signal. having said that, this is a 25 footer in what appears to be pretty good shape. I’d personally love to live in it.