House of the Day: 75 Fenimore Street
Here’s an interesting FSBO. The 1,872-square-foot brick house at 75 Fenimore Street is a comfortable-looking four-bedroom with its own driveway and garage. According to the Prospect Lefferts Gardens Historic District Designation Report, the house, which was built around 1920, is particularly notable for its “steep slate mansard roods and ornamental doorway enframements.” The asking price…
Here’s an interesting FSBO. The 1,872-square-foot brick house at 75 Fenimore Street is a comfortable-looking four-bedroom with its own driveway and garage. According to the Prospect Lefferts Gardens Historic District Designation Report, the house, which was built around 1920, is particularly notable for its “steep slate mansard roods and ornamental doorway enframements.” The asking price of $825,000 seems reasonable to us, but none of the similar houses to either side have changed hands in recent years so close comps aren’t available; a three-story brownstone across the street at 74 Fenimore Street changed hands for $550,000 in 2003. Think this’ll move at this price?
75 Fenimore Street [FSBO] GMAP P*Shark
825K AND LIVIN WITH THE MONKEYS………..
9.13, while not right on his numbers, does bring up a good point. When the economy heads south, crime goes up.
And don’t get me started on those white windows, either. Outrageous.
And in 1989, homes in PLG were going for .83 cents.
it’s called an assbow.
you are a total moron, 9:13.
total.
60k brownstones in park slope 10 years ago??
in 1998, the average price of a brownstone in park slope was around 500K-1 million
you don’t know your ass from your elbow.
Two thousand zero eight
Party’s over, whoops, out of time!
So tonight we’re gonna party like it’s 1989…
Don’t even get me started on the white windows
Is there ever a thread about PLG that gets less than 100 posts? Do people love our neighborhood so much that they can’t stop talking about it?
“so you think people buying 2-3 million dollar properties in park slope were using subprime mortgages?”
No, but the people in between from the time they were 60K about 10 years ago, until more recently were. They were part of what drove the prices up to those levels, which are only sustainable between others making that kind of money now. People who are happy they paid that amount and plan to stay put have no reason to fear. Good luck selling in the future at those prices though if something happens where crime increases even more or the economy takes an even steeper nosedive. Hard to make the mortgage when you’re unemployed. Park slope is far from a safe neighborhood. Just ask all those people being mugged and robbed in the park and on the side streets at night. Sub prime and shifty lending is how they got to those levels though. If people, God forbid, start being killed in those areas again like 10 years ago you will see those 2 million houses not being able to bring 300K. Similar prices are being asked in others areas now that have not really gentrified (East new York, Brownsville, Bushwick, Crown Heights, parts of Bed Stuy, and even Williamsburg to a certain degree – just because hipsters move in doesn’t mean those rotten run down houses are gentrified), and you people continue to think they are really worth those prices. Interesting to note that Williamsburg, East New York, and Brownsville were the top 3 crime neighborhoods the past quarter. People in those areas are still trying to flip old fixers for 700-800K or more because they paid that much in the past year or two with a subprime loan, thinking they would continue to rise in the land of free money and no money down. PLG is marginal as well. There are pretty houses in East New York. Doesn’t mean people will pay 800K to live there.