House of the Day: 557 7th Street
It’s fair to say that the current owners of 557 7th Street got a good deal when they purchased this limestone house at 557 7th Street in Park Slope for $1,460,000 in 2006. According to the new listing, they’ve done some “updating” work in the meantime and are trying to fetch $2,200,000. Before they try…
It’s fair to say that the current owners of 557 7th Street got a good deal when they purchased this limestone house at 557 7th Street in Park Slope for $1,460,000 in 2006. According to the new listing, they’ve done some “updating” work in the meantime and are trying to fetch $2,200,000. Before they try to do that, they should try to get up some more photos; it’s hard to tell from the one photo provided what the 16-foot-wide house is really like. Do you think they have a shot at getting this asking price?
557 7th Street [Brown Harris Stevens] GMAP P*Shark
petebklyn–far be it for me to be in the faultfinders club. I just don’t see a market for smallish one family houses in this price range. It looks like it could be a lovely house but I just can’t fathom the price in this market. Hopefully they can hold onto it if they don’t find a buyer.
Nice looking house, ‘park block’, I’ll assume zoned for good elementary school. If I owned it – I doubt I would ask less or sell for much less than this. And if any of the faultfinders club owned it they’d be asking 20% more.
Should I comment of the floor plan? I see lots of room for improvement.
Yeah, I would imagine that the market for folks who can afford to buy a one family house in this price range is pretty limited and even if there were qualified buyers I think there would be wider nice houses available. Sometimes you wonder what folks are thinking with asking prices and this is one of those times.
I don’t even get why Mr. B links to houses with one photo. Can’t complain about much with nothing to see!
No chance whatsoever. There are many far superior deals out there, and this house is very narrow.
I think everything is overpriced right now, but this place is overpriced even in comparison to the asking price of its direct competition.
The person who posted that picture made a big mistake. The floor plan looks great, but the picture tells a 1,000 words, and none of them are good. Better to have no photo than a lousy one, I think.
I will hold my comment until BHS can provide adequate photos.
No.