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If the sellers of 566 1st Street, a new listing in Park Slope, can get their asking price of $3,995,000 it would be a huge vote of confidence for the market there. The 21.5-foot-wide limestone house is a real beauty (though it almost looks a little too polished for our taste, but we nitpick…) and weighs in at almost 5,000 square feet (and it’s a one-family!). If you’re looking for an old house without having to forego any modern comforts, this could be the pad for you. Do you think the price is realistic? It feels a little 2007 to us.
566 1st Street [Brown Harris Stevens] GMAP P*Shark


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  1. I must point out that the downstairs hallway looks a bit like a passageway in a law firm.

    The furniture is duller than dust, possibly bought to show the house or maybe the owners taste and the interior decorators could not come up with anything better?

    The yard is unfinished…simply built out but the softscaping is lacking…depressing.

    The sales agent’s photos is right out of a Barnard or Brandeis 1965 yearbook.

    I doubt they will sell this house at the asking price at this time. It might look a bit better with more decorating. It looks almost like a spec house with a lot of high quality woodwork.

    BTW, the ground floor with the large laundry room: it is the housekeeper’s dayroom as well. Note the floor is heavily set up as her realm. Or, if the bedroom is used as an au pair’s room, a non-live-in maid would have a large enough laundry room that could function as her little day-realm from which to stage things (and watch TV of course)…

  2. I honestly have no clue how much a renovation like this would cost.

    I do think one like in the HOTD given that it’s a 5000 sf house would have cost more than 400K though.

    I’d say closer to double that if I were to guess.

    There was a time on this blog, where a lot of people said you couldn’t renovate a house like this for under a million dollars. I always thought it was an absurd figure, but who knows.

  3. Here’s a comp. although if I recall the house needed a total renovation…

    5. PARK SLOPE $3,600,000
    536 1st Street GMAP
    Originally listed at $3.2 million; 4,720-sf 1-fam. Deed recorded 2/19.

  4. But wasn’t the Connelly house way bigger/grander? I just don’t think that house can be used as a meaningful comp at all. There are lots of limestones near the park, and they are what I’d use as comps. Seems the last few years, they’ve been selling in the 3 million range, but to bump this up to 4 mil at this time seems a huge stretch.

  5. I hate that hallway. Something about this house screams sterile. Kitchen – for the money, eh. And I would expect some knock-your-socks off exterior space for this price. I’m sure they sunk a ton of money into it, but it’s just not my taste. I’m sure it’s someone else’s though.

    Love the woodwork, though.

  6. Well Ms. Muffet…I do think this house is more than half as nice as the “Connelly Mansion” which sold for 8.5 million last year.

    I don’t see how my statement asserts that prices are going anywhere but down. That doesn’t mean I don’t think this is one of the finer houses in Park Slope.

    A house on my block sold last year for 3.5 million-ish I believe it was.

    I certainly think this house is MUCH nicer and larger.

    But it’s not last year. Which was my whole point.

  7. Detective johnife @ 3:54 PM:

    Bummer if that is the case. Yes, yes … bloodthirsty investment banker and all that but it would suck to work so hard on a reno like this (especially with class act architects like D/S) and then have to sell it because you lost your job. Don’t wish that on anyone. That said, I’ll be surprised if it goes for more than $3.4MM.

  8. The center parlor with the staircase certainly is beautiful, as is the library. I want a dedicated room for books. Was very underwhelmed by the kitchen, however.

    Don’t know if it’s worth that much money, but it only takes one person to think it’s the perfect layout, finishes and house for them.

    I’m with rh, would love the opportunity to get this one before the reno, and have that much money to play with.

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