House of the Day: 47 Willow Place
47 Willow Place (along with its three sister houses at 43, 45 and 49) is one of those houses that makes Brooklyn Heights such a special place. The 21-foot-wide Greek Revival structure is particularly notable for the colonnade that runs continuously along the facade of all four houses. The $3,450,000 asking price is on the…
47 Willow Place (along with its three sister houses at 43, 45 and 49) is one of those houses that makes Brooklyn Heights such a special place. The 21-foot-wide Greek Revival structure is particularly notable for the colonnade that runs continuously along the facade of all four houses. The $3,450,000 asking price is on the low end for a house in this neighborhood, but then again there’s only about 2,100 square feet of living space (not including the basement rec area) in this one. 49 Willow Place traded for $2,300,000 back in 2004, though we have no idea what kind of shape it was in. This house, though, has been recently renovated. So what do you think?
47 Willow Place [Corcoran] GMAP P*Shark
ADDRESS SF PSF
——- — —
26 GARDEN PLACE 4,500 $1,088.89
71 WILLOW STREET 5,600 $1,428.57
104 WILLOW STREET 4,540 $ 725.77
147 WILLOW STREET 3,600 $ 958.33
152 HICKS STREET 4,480 $ 982.14
111 JORALEMON STREET 7,235 $ 621.98
12 WILLOW PLACE 3,570 $ 966.39
29 GARDEN PLACE 4,500 $1,111.11
166 CLINTON STREET 4,676 $ 680.98
39 WILLOW PLACE 4,400 $ 795.45
7 COLUMBIA PLACE 1,820 $1,043.96
42 WILLOW PLACE 2,577 $ 717.89
This house is drab, boring, uninspiring and small.
Move on. Hope tomorrow’s HOTD is better.
also 4:19 – have to go to propertyshark to get real info. if you are seriously looking you read: trulia, streeteasy, propertyshark, therealdeal, brownstoner, curbed, nyc finance dept.
Any I am forgetting?
oh wait – 4:37 here – I am actually 4:20. sorry, 4:19!
4:19 here. I just checked the willow place listings above…the north heights and garden place listings have no bearing in my mind – esp willow street in north heights.
39 willow place is a 25 x 44 house. big difference.
12 willow is 22.83 x 42 and is 5 stories (including garden) whereas this current listing is barely 3 and I think something like 21 x 35. the fact that house went for $3.5 and they are asking nearly that much for 47 willow place NOW is just nuts.
4:28, agree with you that it has peaked, but those listings can’t really show the price declines purely on the basis of chronology…have to look at more specifics of the houses, which I am sad to say I have studied more closely than I’d like to admit.
last summer was the peak in heights & cobble hill…at least based on trulia graphs(which I think come from jonathan miller, who is nyc’s top appraiser).
4:19 here and city data doesn’t list condition, etc. Just posting that people here are going on and on about certain places not selling when indeed there have been sales recorded at higher prices. And people here are saying they peaked in 06, when at least the most current sale available looks good
Also, 12 and 39 willow Place are somewhat similar at least about location as they are on the same block. And I remember everyone here bashing the 12 willow place asking too.
4:19, that’s exactly what people are talking about. You’ve got 10 listings there, and all but two of them were recorded six months ago or longer ago than that (which means they were actually bought, what, at least eight or nine months or longer ago). That chart suggests the market peaked quite a while ago, which means that raising prices today is unlikely to work. Which is exactly what people here have been saying.
to 4:19. north heights and garden place are most prime heights (willow place very questionable). please post size measurements & number of stories, plus condition to these posts. those are not comps for 47 willow. not even.
if I weren’t trying to also listen to a conference call at work, I would do it all myself. this site is a productivity killer.
don’t throw facts around here, 4:19! we’re all about anecdata!