316-Maple-Street-1207.jpgWhen we looked at 316 Maple Street back in December 2007 we called it “one of the more overpriced houses we’ve seen in a long time.” Of course, the three-story brownstone in only a so-so part of PLG was asking a mind-boggling $1,200,000 at the time, so that wasn’t the hardest call to make. Now the price has dropped almost in half to $689,000 and the big question is, will it sell even at this price? The listing says that it “needs some tlc” and not much else. Bets?
316 Maple Street [ReMax] GMAP P*Shark
House of the Day: 316 Maple Street [Brownstoner]


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  1. certainly not you ghetto white boy. I highly doubt somebody who speculated in the ghetto has much money. Have fun getting poorer by the day. Whats the word on the street? Up to 65% for ghetto areas that were speculated on. Thats a slow painful death. Ouch…

  2. idiots use terms such as “like”, “hope” instead of reality. That reality is price/income. As song as its still way out of wack, and somebody goes “great price!”, that person is quite simply a moron.

  3. Mopar,

    I’ll stand by my 2007 comment:

    “What can I say? This house is on Maple IV which, as 1:42 wrote, is an OK block, but not prime PLG. I’d go as far as saying that this must be one of the nicest houses on any Nostrand–New York block”

    At the lower price I think this is worth looking at, especially if there turns out to be lots of room for additional negotiation. The block isn’t bad at all, although it isn’t Lefferts Manor,or part of the PLG HD. FWIW there’s a fairly descent-looking Karl Fisher condo building on the block:

    http://www.corcoran.com/property/nd/detail_overview.aspx?ndevid=390

    IMO it’s worth looking at and a MUCH better option than Ocean Hill. As you mentioned, the 5 train is pretty close, at Sterling and Nostrand, and, in addition, the Q and B trains, at Prospect Park (Lincoln Rd., bet. Flatbush and Ocean) are only about a 10 minute walk.

    You really should take a look at PLG and judge for yourself.

  4. In defense of Madeline (who doesn’t really deserve it — “South Crown Heights”???) the recent sales data is “Powered by NYC Department of Finance.” So that is the NY Times fail, not the realtor’s.

  5. Hm, if this were a two-family for about $500,000 it might be a better option for us than Ocean Hill. It’s on the 5 train, which would mean no transfers and maybe a significantly faster commute for me. I’ve never been to this area, don’t know anything about it. Bob Marvin, any thoughts?

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