House of the Day: 712 Degraw Street
At first glance, $1,395,000 for a house on Degraw Street sounded cheap to us. Now we’re not so sure. It turns out that the building is only three-stories tall and 16.5-feet wide. If the two-family house is truly in “great shape” and has “lots of original detail,” as the listing says, it could still be…

At first glance, $1,395,000 for a house on Degraw Street sounded cheap to us. Now we’re not so sure. It turns out that the building is only three-stories tall and 16.5-feet wide. If the two-family house is truly in “great shape” and has “lots of original detail,” as the listing says, it could still be well worth it There’s no mention of any significant renovation or upgrades since the property last changed hands in 2003 for $667,000 but a doubling in price in the last five years doesn’t sound crazy. Guess it all comes down to what those interiors look like.
712 Degraw Street [Leslie J. Garfield] GMAP P*Shark
Photo by Kate Leonova for PropertyShark
Between the 2008 sales of the Connelly house and the 5.75 million Prospect Park co-op highlighted here recently, the averages for Park Slope will be skewed a tad, just as they are for Manhattan with regard to 15 Central Park West and the Plaza…
Well, if the huge and luxuriously appointed mansion on the park sold for a high price, I’ll gladly pay over asking price for this sad little townhouse on one of the saddest blocks in Park Slope.
z….everyone on this site plays fast and loose with the terms “average”, “mean”, “median” “per sq. ft.” and any amount attributed to any of these measures!!!
z….yes…i realized that median was the incorrect term.
that was a FAST sale though, for such an expensive property. a lot of times homes that expensive linger for months or years.
will be very interesting to find out the selling price.
it may affect the average house price somewhat, but it will have little or no effect on the median.
“The sale of the Connelly house is going to send the 2008 Park Slope median house price THROUGH THE ROOF.”
Why?
http://www.sothebyshomes.com/nyc/sales/0134264
The sale of the Connelly house is going to send the 2008 Park Slope median house price THROUGH THE ROOF.
If that place is already sold in less than 2 months, you have to figure it got close to the 8.5 million dollar asking price.
Bstoner, can you find out more info on that and report back???
I’m DYING to know what happened with Jennifer Connelly’s place!