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It usually takes a few weeks or months for a seller to face the reality that an asking price is too high. In the case of 41 St. Marks Place, a three-story brownstone between 3rd and 4th Avenues in Park Slope, it only took a few days. Listed at $3,000,000 on January 14, the three-family was reduced to $2,650,000 on January 18. Still probably too much for a stoop-less house on the far side of 4th Avenue, but a step in the right direction to be sure.
41 St. Marks Place [Douglas Elliman] GMAP P*Shark


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  1. While I live nearby and would love to see my property valued at well over two million, I have to say that this is ridiculous.

    St. Marks between 3rd and 4th has a significant drug problem, along with the other problems that go along with it. You can walk down the street and hear dealers making deals at any time of day, as I did last week on a Saturday afternoon. And it isn’t just one house. There are several that are centers for drug activity.

    Perhaps this broker is one of the customers; it sounds like she was high when she priced the house and wrote that god-awful description.

  2. That block is considered Boerum Hill, not Park Slope, and while it is convenient to all in the 5th Ave. area, it is not the greatest block in the world – dark and a bit dangerous, given that it is right next to the projects.
    And the lack of interior photos makes me sure that it needs a lot of work. I might pay 2 mil for a newly and beautifully renovated single or 2-family home of that size, but not this!

  3. I’m guessing that English is her second language, so give her a break. That said, this really is a pitiful listing.

    Price is ridiculous.

    No photos, faugh! Even one of the hallway is better than nothing. I can’t believe they couldn’t find one redeeming photo for a house this expensive.

    Someone at the office should have proofread her copy.

    The seller and broker should have checked their comps, and done a reality check.

  4. 99 St. Marks Place, which was on the other side of 4th (between 4th and 5th), had an extra story (4 story) and was 20×45 on a 100ft lot and also a rental property (but not in terrible shape) and it was listed in October for $1.595. We had an accepted offer on the place at $1.625 and we backed off but there was an all cash offer behind us that went into contract quickly. But clearly since ours was not all cash and that was all cash, that offer was less than ours. So basically that house in a better location with an entire extra floor closed for over $1mm less than this place. This is a CRAZY PRICE!!!!!

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