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What’s going on over on 1st Street? There are a TON of houses for sale on this stretch of Park Slope. On October 27, we wrote up 567 1st Street; on November 14, we tapped 356 1st Street as an Open House Pick; the just last week, we featured 566 1st Street as a House of the Day. Now Stribling has dropped another one on us: 505 1st Street. The four-story brownstone has lots of old-school detail, a renovated kitchen and extension to boot. Looks very nice. The price of $3,250,000, however, feels a little leftover from the boom times. Think they can get it?
505 1st Street [Stribling] GMAP P*Shark


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  1. Where is the garage? Is it next door? Out back?
    If it is contiguous with the property, that increases the value of the house enormously. I don’t believe the recession is impacting many of the uber-rich. Especially those who saw the warning signs and pulled out of securities and into t-notes or cd’s. There are a lot of smart money people out there. This is a great house, with a nice guest unit below and a garage!! Very comfy and livable.
    I don’t think properties like these will have trouble selling. It will be the two-bedrooms walk-ups and the houses on non-prestige blocks that will have a lot of trouble finding buyers.

  2. I love it when brokers exaggerate so blatantly that you can spot it in their own listings. “The house is 20×50 but has a unique 12×12 extension on the garden and parlor floor.” Their own floor plan shows a 20×42 floorplate.

  3. “I like this house but prefer older brick facades instead of later brownstone ones. Is that crazy???”

    No … I like bricks and limestones better than brownstones, too. Tho the problem with many of the brick rowhouses is they’re just flat-fronted, which is kinda boring compared to having nice bay windows.

    This is a nice-looking house, and only, hmmm … about $2.8mm out of my price range! 😛

  4. Pete,

    Perhaps they simply want to scale back. If this is an older couple, these beautiful houses aren’t the easiest to maintain…nor do two people really new a few thousand sqaure feet…

    There are a million reasons why they might want to leave…If they bought the place for a couple hundred grand, they probably don’t care if they get 3 million or closer to 4 (if they would have sold last year).

  5. I missed the bit about reclaimed wood from the pantry, so perhaps I am wrong.

    These things can be deceiving in photos, but with its blond wood cabinets and borders, it reminded me of our “early 80’s modern” kitchen that we had to completely rip out and redo a few years ago.

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