House of the Day: 315 Garfield Place
Holy Cow! The owner of 315 Garfield Place in Park Slope wants to party like it’s early 2007. The oversized brownstone (it weighs in at about 6,700 square feet) admittedly looks flawless, but we can’t quite get our arms around the asking price of $8,500,000. According to DOB filings, the seller started renovating the one-family…
Holy Cow! The owner of 315 Garfield Place in Park Slope wants to party like it’s early 2007. The oversized brownstone (it weighs in at about 6,700 square feet) admittedly looks flawless, but we can’t quite get our arms around the asking price of $8,500,000. According to DOB filings, the seller started renovating the one-family house a month after purchasing it in October 2006 for $3,275,550. (The application cites a project cost of just $75,000, but it’s common practice to understate this number.) Still, the market now can’t be any higher than it was two years ago, and the seller’s looking to get a mark-up of more than $5 million. Huh?
315 Garfield Place [Brown Harris Stevens] GMAP P*Shark
ooooh, lookie, lookie! Another “intelligent” neighborhood market analysis from sam. Ooooh. How you do it, sam? It’s all in the placement of your head, right? I find it amazing that you can bend so far over backwards.
Dave: Peter Minuit may have worked for Corcoran.
“Back in the day” sam, Manhattan went for $24 to the Indians!!!
$8.5mm and only 4 interior photos? *head explodes*
Not so long ago one could have bought all of Crown Heights for 8 million and they would have thrown in Bedford Corners.
Wait, that may still be the current price.
Incidentally, I know one of the brokers, and remember being shocked at how much she was asking (as rent) for her duplex+basement in central PS. They had several offers right away. She is also one of the top brokers at BHS, so maybe the price underscores something we don’t see.
Surely this house is priced by McCain’s economic advisor who thinks the economy is sound. Hey, maybe it is one of the houses that senile old bastard has forgotten about?
Is there a more perfect day for this to be the house of the day?
I’m sorry, don’t get me wrong, I love Brooklyn. But is there anything in this boro that warrants an 8.5 million dollar pricetag? I thought the Connelly mansion was overpriced as well – but the market spoke I suppose. This seems like 5 mill @ the most. (7 in carroll gardens haha)
Advice to seller: cut the asking price by 50%, and then still be prepared to accept a lower offer.
There is no way this seller doesn’t come out of this looking even dumber than he already does. I usually blame brokers for stupid asking prices, but not even a broker is this foolish. The asking price must have been dictated by the seller.