House of the Day: 586 4th Street
$3 million is no longer a lay-up asking price in Park Slope, but this limestone house at 586 4th Street seems to have what it takes. It’s in a Park block, generously proportioned and chock full of original details like parquet floors, mahogany paneling and plaster crown moldings. Do you agree that the $2,999,999 asking…
$3 million is no longer a lay-up asking price in Park Slope, but this limestone house at 586 4th Street seems to have what it takes. It’s in a Park block, generously proportioned and chock full of original details like parquet floors, mahogany paneling and plaster crown moldings. Do you agree that the $2,999,999 asking price is realistic?
586 4th Street [Corcoran] GMAP P*Shark
I think 2.6, (even if the mechanicals are not updated) is totally unrealistic.
Even 2.8 would sound like a relative bargain to me for this house.
I believe comps would support a 3 million dollar asking/selling price, even with the softening market.
new2hood….I wouldn’t bet against you on that one.
What’s the square footage? If you figure 1100 pef floor (20 x 55), 3 floors + garden level, that’s 4400, which puts $psf at 682 – not bad for very prime property in perfect location. But Property Shark (which I know sometimes has errors) lists it only at 3390 sf, which is 885 psf, significantly heftier.
Nice listing written in actual English for a change.
The exterior is amazing … Facade and side-windows. 55 x 20, etc.
Interior is just ok for a $3MM house. I don’t see any plaster medallions and the ceilings look very plain (drywall patch-overs?!). The kitchen is crap for this price-point. Plus, 55′ deep building WITH extension makes for a tiny yard (only 20 deep) and a dark dining room.
Last nitpick – don’t price a $3MM house at $2,999,999 … It makes you look silly (like you’re selling something on an infomercial). $2,999,000 works just fine.
I’d rather have the third exposure facing an apartment building than on a busy corner which is the situation for most three exposure type buildings. Fantastic house, I agree that it’s better to be right off the park than on PPW. Only serious downside is walk, or should I say the hike to the train. The F sucks and the 2/3 is pretty far.
I’ll predict it will go for over, as a bidding war will ensue. But what do I know?
If the mechanicals have been updated any time recently, they ALWAYS mention that in the listings for this sort of house.
Two quibbles with this place: While there is a third exposure, it is exposed to the back of the apartment building, so I am not a fan of that. Also, the backyard is rather small.
Sweet looking house though. I’m guessing it goes for 2.6. Less if it needs mechanical updates.
Sorry for the corny Dylan ref, but that place is Positively 4th Street.
Seriously, I usually am the 1st to cry “overpriced” but this looks like a bullseye at 3 mil.
I believe it said 2 families in 99 years, Denton.
And there’s no reason to assume that just because someone has lived in a place a long time, that they automatically don’t update the building.