166-Prospect-Place-Brooklyn-0208.jpg
The four-story brownstone at 166 Prospect Place is lovely, full of historic detail (lots of original woodwork) and clearly well cared for. It’s also on one of the nicest blocks in Prospect Heights. The asking price, however, seems better suited to the other side of Flatbush. Is there any precedent for a 4-story brownstone in this immediate area (especially one without one of the extra-deep backyards Prospect Heights is known for) fetching this price? The best comp we can think of is 202 Prospect Place, which started out with similar ambitions (asking $2,495,000) but ended up closing for $2,100,000. We could see something similar happening here.
166 Prospect Place [Corcoran] GMAP P*Shark


What's Your Take? Leave a Comment

Leave a Reply

  1. 3:43

    Just because you weren’t smart enough to go to a top tier college and B school, you shouldn’t transfer your deficiencies to people who were. Oh and by the way, I grew up in the ‘hood. (And made the choice to live here.) The appreciation in real estate has funded my parents retirements.

    Too bad your ‘rents weren’t that savvy.

    SRW

  2. “I’m sure that as soon as these Brooklyn kids are old enough to get a driver’s license they will tear out of here so fast it will make their mother’s clogs clank.”
    We raised two kids here and they *love* Brooklyn. My oldest son told us out of the blue that he thought he had the best neighborhood anyone could grow up in – because of the diversity, the freedom to explore that public transportation gave them at a very young age. Now they see their friends from college moving into apt further out in Crown Heights, but run into them at Soda on Vanderbilt. Actually a lot of these kids are still living at home because of the spaciousness of the brownstones.

1 2 3 4 8