House of the Day: 10% Off at 155 Warren Street
A 10% price reduction might not sound like all that much, but when the original asking price was $8,750,000, as in the case of 155 Warren Street, it translates into “savings” of $875,000. Judging from the 134 comments this generated as a House of the Day in October, however, we’re guessing that popular opinion will…
A 10% price reduction might not sound like all that much, but when the original asking price was $8,750,000, as in the case of 155 Warren Street, it translates into “savings” of $875,000. Judging from the 134 comments this generated as a House of the Day in October, however, we’re guessing that popular opinion will still be that the new number of $7,875,000 is still a pie-in-the-sky price. Given that it’s still coming in at over $1,100 a foot, we’d tend to agree.
155 Warren Street [Brown Harris Stevens] GMAP P*Shark
House of the Day: $8.75 Million in Cobble Hill? [Brownstoner]
“If this house was in CG it would be 50 million”
You are the wittiest motherfucker in the world.
Were did you come up with this stuff?
Hey guest at 2:04 (aka David Rogers, Elliman broker),
Are intent on infecting absolutely every thread on Brownstoner? I say it again: Take your spam and shove it where the sun doesn’t shine!
If this house was in CG it would be 50 million
Seriously this price reduction is a joke. If you weren’t interested in the property at $8.75m then you’re still not at $7.875m. Sure there is some buildable FAR at the rear which backs onto Verandah Place and the property is pretty unique in that it does offer garaged parking and it is in a great neighborhood. Without the additional 25 x 50 plot of land that houses the garage (er … I mean carriage house) then the house on Warren is worth $4m tops and probably somewhere around $3.5m. I really fail to see the how the garage doubles the value but if they justify it by it’s uniqueness then they should not advertise it publicly and quietly market it to a Captain of Industry/HedgeFund/Bank or Hollywood star. At least then they’ll escape the derision that they received back in October and continue to receive now.
The price on this place looks totally reasonable & it’s near BAM Cultural Distric & close to trains. What do you think? Great deal w/ all that’s going on @ BAM
http://tinyurl.com/34tes5
It’s a lovely house just priced way too high [even in a Bull market] for Cobble Hill. It is about location. How would it even appraise?
Sexy time!
more overpriced crap:
http://curbed.com/archives/2008/01/31/development_du_jour_116_3rd_place.php
Did someone say, Carroll Gardens? I’m HUNGRY!!