House of the Day: 520 11th Street
Did anyone make it to the open house at 520 11th Street last weekend? The three-story brick house has lots of character on the inside but it is only three stories and not in the ritziest part of Park Slope. As a result, we’re hard pressed to see how anyone’s going to cough up the…
Did anyone make it to the open house at 520 11th Street last weekend? The three-story brick house has lots of character on the inside but it is only three stories and not in the ritziest part of Park Slope. As a result, we’re hard pressed to see how anyone’s going to cough up the $2,250,000 asking price for this baby. Waddya think?
520 11th Street [NYT FSBO] GMAP P*Shark
Photo by Kate Leonova for PropertyShark
I saw this house and it is definitely overpriced – not very big, but the worst part was that the owner did what he evidently thought was a tasteful renovation which was in fact, as the NYT real estate section delicately put it on Sunday, “too specific”. Frankly, if I were to buy the place, I’d want to redo everything since his taste veers towards a Liberace aesthetic. I think even 1.8 is a stretch – if this was priced at 1.6-1.7, that would make a lot more sense. Also, the koi pond is just gross and tacky – weird rubber lining that looks cheesy. The owner must not be very motivated, or else I imagine he’ll have to come down quite a bit in this market.
A nice house this size in one of the more beautiful areas of Los Angeles, Seattle and Boston costs this much, so why can’t something in New York?
I’m not saying it’s not overpriced, but it will certainly sell for at least 1.7-1.8 million…
Whether you want to admit it or not, Park Slope has become one of the most desirable places to live and raise a family in the entire city.
It’s also now beginning to attract Europeans, has more than one great school and more shops/restaurants and bars than you’d know what to do with.
Hell..I’d move there if I could afford it.
I don’t think this is as overpriced as people are claiming. It certainly could be off by $500k, but there is no realistic way it is off by $1M compared to other recent sales.
Here is what I find funny:
I guess this is a FSBO. Hence the lack of anonymous comments (from the broker) about how it’s really lovely, cute, underpriced etc.
Wow. I want what they are smokin.
Nice to hear from the commenters who attended the open houses. If they do, in fact, get their ask or anywhere close to it, I will simultaneously weep and jump for joy. We’re not far from here and it will certainly make me look at our four rooms and a bath in a whole new light. Still, I never enjoy proof positive that there is, in fact, a sucker born every minute. The price on this is just mind-blowing.
South Slope is still a terrific place to live. I prefer the North, but to me all areas of Park Slope are quite pleasant and beautiful.
The addition of Union Market in the South Slope in the last year just goes to show that the area has “arrived” as it were.
And the schools are getting quite good as well, from what I hear.
2:35: i get that this place is way overpriced, but since when is a 3-story house “3/4 of a house”? or were you talking about the fact that it’s got an apartment? anyway, depending on how wide it is, i think 3 stories is just exactly right. in fact, it’s the 4-story places that are out of proportion for a house.
This area has a great vibe and feel, this is park slope, like it or not!!