House of the Day: 475 4th Street
This two-family brownstone at 475 4th Street in Park Slope just hit the market for $2,995,000. It’s a gorgeous house in move-in condition with tons of original woodwork (and no recessed lighting!). It also feels like it’s priced as if it were a year ago. Frankly, we’ve got no idea how this will fly. It…
This two-family brownstone at 475 4th Street in Park Slope just hit the market for $2,995,000. It’s a gorgeous house in move-in condition with tons of original woodwork (and no recessed lighting!). It also feels like it’s priced as if it were a year ago. Frankly, we’ve got no idea how this will fly. It certainly is a nice enough place that a potential buyer could fall in love and just have to have it; on the other hand, we wouldn’t be surprised to see it ultimately fetch a couple hundred grand less. What do you think? There was an open house yesterday. Did anyone check it out?
475 4th Street [Brooklyn Bridge Realty] GMAP P*Shark
“but our experience has been that the 3 or 4 really nice properties that we’ve been excited about in the past 3 months have had signed contracts by the time we got to calling the real estate agents.
There was one that we got into a bidding war on last month that we wish would have worked out, but we were not willing to go over the asking price”
Are you kidding? You must be a broker hoping to sway a potetial buyer who is totally out of the loop. The houses that are in contract in Park Slope were sitting on the market for a while, with multiple open houses. Why the need to be dishonest? Desperate times?
I’ve been in this house it’s beautiful. It’s Interesting how people like post 2:43 PM think it’s fair for them to make a nice profit when they sell but not anyone else.
Oh and PS to 6:33 – this house IS in Park Slope. Hence the curiosity about the final closing price.
Recessed lighting is the devil.. even in modern houses it makes my skin crawl, but in anything pre-1980 it’s an abomination.
2:34 – did your neighbors’ house have the same quality of detail and reno?? If so, those people should be shot. They can buy any typical piece of garbage with a nice exterior, totally wrecked/unlivable interior and do the same thing – and (one would hope) for a lot less. It’s a crying shame to waste all that beautiful woodworking. I don’t understand these weirdos who buy gut reno’d brownstones anyway – why do they bother with the tacky fake detail? Why not just get some hideous modern monstrosity of a condo and leave the beautiful old stuff to those who have the sensibility to appreciate it???
6:33 They’re like Pokemon – gotta get ’em all!
If this were in Park Slope it would be worth 50 million! Oh my bad. It’s will be worth at least $50 million next year when all those Manhattan people are trying to move here! Buy now. Buy as many as you can!
Funny how the people who’ll buy these houses are always relocating to Brooklyn from the Upper West Side (always referred to as UWS), always mention the year they bought their apartment, always cite their ‘growing family’ and always know at least five people who are doing exactly the same thing. Come on brokers, try to be a bit more creative!
The Mrs. and I have been in the market for a townhouse…mainly looking in Park Slope, but open to other areas. We are both super busy and admittedly could be more agressive with our search, but our experience has been that the 3 or 4 really nice properties that we’ve been excited about in the past 3 months have had signed contracts by the time we got to calling the real estate agents.
There was one that we got into a bidding war on last month that we wish would have worked out, but we were not willing to go over the asking price.
I’ve seen very little inventory in the PS townhouse market. A handful with each realtor, at best.
4:36 – great point. really there are nice houses right now in Greenpoint (I don’t live there personally) in good school districts that have great bones – actually in williamsburg too. if you have less money, there are great opportunities right now if you are planning to live there for years. also, even condos can present great opportunities if you get in for a low psf price. city will just get more crowded. i’m not in the market, but i’d look for a safe neighborhood with lot’s of amenities with a decent not over crowded school.
my neighbors who rent in our condo building are buying in this market even because of this reasoning right now.