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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


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  1. I think kids will want to live somewhere that isn’t overcrowded, over-polluted, and over priced. They will also probably want to get away from their nutty parents who think their little hellhole is the greatest place on earth.

  2. Here ya go! Maybe someone at Morgan Stanley can buy this house, NOT! LMMFAO

    Morgan Stanley cuts 1,000 mortgage jobs

    http://news.yahoo.com/s/ap/20080213/ap_on_bi_ge/morgan_stanley_jobs

    Yep Brownie, keep the circle-jerk going!!! Keep hyping Real Estate. I hope in the future they come after your ass with fucking torches and pitchforks!!!! 2. what million???!!! Yeah Fucking Right.

    The What (Tick…Tick…Tick…)

    Someday this war is gonna end…..

  3. 3:15 PM: “what did you pay for your place?”

    Oh, let’s just say it was the best financial decision I ever made. But I do know what the newer owners in my building paid, and I have seen some relatively small apartments with limited (by PH standards) original details selling for around $600-700k. I don’t think this building will appreciate as much as my place, but I don’t think it will drop in price either.

    And 3:18- as far as I know, there’s no shit on our side of Flatbush. It magically disappears… but try to keep it secret, okay?

    ~orangeblossommuffinhead

  4. I think it odd to STILL have not received an answer re: 1:44

    I have noticed multiple HOTD’s (only Corcoran, however) where the price was not listed.

    VERY odd…

    Especially since Corcoran is the ONLY real estate website to have the top viewed properties.

    Me thinks bstones is receiving kickbacks from Corco.

  5. Where exactly do you think they’ll go, 3:20?

    You obviously don’t know too much about kids raised in NYC. While a lot DO end up leaving for a bit (college, sometimes), the MAJORITY return back. All the kids I know who grew up here found every place else they tried, lacking severely.

    Perhaps you think they’ll want to move Kansas after growing up in the greatest city in the U.S.??

    Or maybe California? Latest new today is that home prices are going to drop another 40% in CA, AZ and FL. Sounds like some good bargains coming soon in those lovely areas!

  6. 3:14…

    See my follow up post at 2:56…I LIVE in Prospect Heights.

    I just think it’s absurd that someone actually thinks the people are all that different from North of Flatbush to South.

    To be perfectly honest, had I been able to afford Park Slope, I’d be there. I prefer it over Prospect Heights, but it’s still great here also.

    There is little difference in demographics from CG to PS to PH to FG.

    Same shit, different day.

  7. 2:02, 2:09, my opinion is worth no more, or no less than anyone else’s. I just happen to have posted with a name, not guest. I don’t think I’m alone in saying that decluttering would help showing this house in today’s market. And if I’m wrong on the price, who cares? I’m just speculating, like everyone else.

    I like the house. I hope someone who appreciates all the detail and goodies is overjoyed with their purchase. I happen to agree with 2:51, it just needs some cosmetic sprucing up for now. The bathrooms and that one kitchen are fine.

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