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. If you look at the comparable sales listed when you follow the link, you’ll see our gal Madeline is still 200+ off the mark. The What always proclaims the war will end, I just want to know when the insanity will cease.

  2. I see a couple of listings in PLG that have had major chops. . .
    Tudor on chester court went from $700K to sell at $550.
    Frame house at 207 Fenimore was $1.2M (yikes), dropped to $1.05. . .now $850.
    Outside of the best blocks, buyers are scarce.
    These places used to be $500K or so.. … who’s to say they aren’;t going back to that level?

  3. At this price it starts to look interesting and Nostrand is a lively shopping street with good subway access. Plus if you work at Downstate Medical Center you could walk to work. Of course it isn’t prime Lefferts Gardens… but it is pretty cheap.

  4. Ms.Caudiano shows her vast knowledge of the neighborhood with her list of recent sales, all but one of which are not in PLG. I’m sure the $10 Palm Court sale will help her sell this house for $689K 🙂

    Seriously though, with some further bargaining, this house might be reasonable, although Maple between Nostrand and New York Avenues is not anywhere near as desirable (IMO, of course) as two blocks, or even one block, further west.

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