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
I’m referring to a house that was FSBO on Lincoln between 7th and 8th. I have no idea what homes you are referring to.
2:43…you DO realize that this house will not sell for 2.2, right?
probably not anywhere near to that.
the only people who think it will sell for 2.2 are renters who have no idea what 20K looks like, much less 2.2
please don’t take the voice of many of these trusted idiots as fact.
if this sells for less than 2.75, I’d be incredibly shocked.
2:41
I imagine you are talking about the house on Lincoln that closed in December or January? That means this house went in to contract at te height of the market…correct me if you are referring to another house.
wow, 2:41, your neighbors blew a lot of dough on that house. I saw it and was completely unimpressed…not a $3 million house.
2:18 – “aren’t we just splitting hairs here?” Well, I’m a potential buyer for this kind of house, or one that is slightly more modest (having sold some properties at the height, we can afford a house in the 2mil range). But I would hardly consider several 100K “splitting hairs”. We are among those buyers who have a good amount of cash but not huge incomes, so in fact it *does* make a big difference to us whether this goes for 2.8 or 2.2 as some are predicting – that kind of difference is very significant to us. The thing that gets me is that I bet the original buyers bought this for far, far less, so even if they sold for 2 mil, they’d probably be making a *very* nice profit. As many of the owners on this list have pointed out, what do they care if prices dip 20% when the run-ups of recent years have been so huge? I say to the sellers out there – stop being so greedy and pocket your gains now!
My neighbors just closed on a home on Lincoln Place for 2.9
A house on my block when for 2.2 and the new owner gutted the building!!
1:49 “The one you are referring to, 1:43 I don’t believe was in move in condition like this one.
People will pay a premium to have a house like this ready to go.”
no not the one I’m thinking of. it was definitely move in. maybe needed a new kitchen for cosmetics but not 1/2 mill for that. I’ll look for the listing later and repost if I can find it.
Will close at $2,295,000.