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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. PS321 is alas getting very overcrowded so I find it hard to imagine that someone who buys this kind of house would easily yank them out of Dalton or some other such school. My guess is that the really wealthy people that commenters think are buyers for this house are the smart money who are waiting for prices to come down before overspending – after all, they are the ones paying the closest attention to the plummeting values all around us and are most aware of how quickly “value” can change.

  2. Mr Joist, good stuff! I think the pictures in your link are even nicer – wow, I’m lovin’ it. I wonder what the story is behind this sale (although it doesn’t take anything away from the fact this place is a gem).

  3. At least you get what you’re paying for here. A house and a price for someone who’s really rich — no stretching to pay a high mortgage by squeezing four families into a one-family space.

  4. This home is gorgeous and the location is incredible (I know this isn’t in Brooklyn Heights, but I think HOBOKENROCKS might still be interested if the price is reduced to $800K).

    BRG, what do you have against dumbwaiters? And please don’t tell me it’s the fact they always get your order wrong…

  5. Looks pretty sweet. I think it’ll get close to ask, within 10%. In PS 321, very attractive for someone from the UWS with 3 kids at Dalton. You can finance about $1.2 Million of debt for what it costs to send 3 kids to private school.

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