House of the Day: 318 1st Street
The owners of 318 1st Street, who paid $1,775,000 for their three-story brownstone in 2005, set about trying to sell their house back in February by listing it with Brown Harris Stevens for $2,250,000; in March, the price bumped up to $2,300,000. We tapped it as an Open House Pick in June when it’s unclear…
The owners of 318 1st Street, who paid $1,775,000 for their three-story brownstone in 2005, set about trying to sell their house back in February by listing it with Brown Harris Stevens for $2,250,000; in March, the price bumped up to $2,300,000. We tapped it as an Open House Pick in June when it’s unclear who was listing the house (FSBO?). Now it’s back on the market with Corcoran, asking $2,099,000. Despite some not-so-hot bathrooms and unimpressive kitchen, the house has a very nice vibe, including some lovely plaster details. At 2,670 square feet, though, it is relatively small as far as these things go. Thoughts?
318 1st Street [Corcoran] GMAP P*Shark
Open House Picks: 6/20/08 [Brownstoner]
Both examples of dollhouse renovations I mentioned.
Let’s see a Park Slope townhouse that sold for over $700/sq foot that HAS NOT yet been restored/renovated.
FYI: Property Shark almost NEVER takes into account the garden level of a house when calculating square footage. Just look at how many stories it lists a house at, and you’ll see the garden level is almost never included.
“You are full of excuses today, IB.”
Among other things. If you look around Zillow, it is hard to find a townhouse in Park Slope that sold in the last couple of years for less than $700/sf.
I’m not saying these prices are reasonable.
I’m not saying they will hold.
I’m just saying that these are the facts (IB’s Kryptonite).
Here are two more quick ones that were past Open House picks:
303 13th St
Sold 05/23/2008: $1,765,000
This home $ per sq ft: $740
146 Sterling Pl
Sold 08/11/2008: $2,730,000
This home $ per sq ft: $861
And 285 1st Street shows up on Property Shark as a coop, so I’m not sure if it’s legit either.
You are full of excuses today, IB.
I don’t deny there are some, but very very few.
The 536 1st Street house didn’t sell for over $700/sq ft.
Look at the detailed sales history section on Property Shark and you’ll see the sale included a garage or some other attached property which would bring the price per square foot well below $700.
“You still haven’t found a single house within three blocks of this one that sold for $700/sq ft ever.”
Here’s one less than a block away:
– http://www.zillow.com/homedetails/285-1st-St-Brooklyn-NY-11215/30583387_zpid
285 1st St, Brooklyn
Sold 04/25/2008: $1,725,000
2,400 sqft
This home $ per sq ft: $749
THL–thanks. Yeah, simple is better for me as I like gardening but will not have tons of time. Kids are 2 1/2 and not quite yet in existence (due x-mas eve). A jungle gym/swing thing would definitely be a welcome addition but I still want a few stylish things too. Will have to wait until spring though. Good luck with your stuff. I too am now concentrating on the small stuff as we really spent all we can spend getting the major stuff done. Anyway, thanks for the thoughts.
http://www.zillow.com/homedetails/536-1st-St-Brooklyn-NY-11215/30587311_zpid
536 1st Street, Brooklyn, NY
How this home stacks up
This home $ per sq ft: $898
Comps avg $ per sq ft: $785