House of the Day: 166 Prospect Place
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…
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
This looks like a perfectly nice middle-class house selling for a price only an oligarch could afford. Welcome to Brooklyn.
Where even the rich live badly.
1:47 – yes, that’s what 2.5m gets you in NYC….SAD!
-You guys hit the fricken nail on the HEAD! In Brooklyn, even the rich live badly. Smartest thing said on this blog perhaps ever.
1:44
Are you the guy from last week who sugegsted Mr B was in cahoots with everyone he takes ads from?
Give it a rest.
According to DOB – this house has 3,340 sq. ft. (who knows if this is correct)
so that’s $740 sq. ft.
One would do better to look at corcoran’s other prospect heights brownstone:
http://www.corcoran.com/property/listing.aspx?ListingID=1182551&Region=NYC&OhDat=;
The starting price is high, but the broker made it clear it will go for less. The owner is mid-restoration so you can take over and finish to your liking.
You mean you want to paint over the blue walls?
1.65 tops
1:51—Lincoln Place was move-in ready. Updated kitchen and baths. Nothing to do. This house obviously needs new everything. No comparison.
1:47/1:50
Actually this is what gets you 2.5 million in BROOKLYN!
2.5 million in Manhattan gets you a 2 bedroom/2 bath glass encased condo by Extell on the Upper West Side.
For a house that will need new bathrooms and a new kitchen, and most likely cosmetic maintenance, the price is very high. 202 Prospect was move-in.