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This two-family house at 10 Schermerhorn Street is a pretty serious pad: lots of original detail, a three-story, 20-foot deep extension and the option of a private parking space. The owners of the 5,000-square-foot house, however, don’t appear particularly motivated, judging from the fact that the asking price of $4,250,000 hasn’t budged since the house was originally listed last November. What do you think it should sell for?
10 Schermerhorn Street [Corcoran] GMAP P*Shark



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  1. Don’t know about the price, but this house is the most elegant I have ever seen. Even the downlights are used appropriately, in the den and only in the den. Those carpets aren’t too shabby either.

  2. Don’t know about the price, but this house is the most elegant I have ever seen. Even the downlights are used appropriately, in the den and only in the den. Those carpets aren’t too shabby either.

  3. Petebklyn, and Mr. B.,

    Don’t assume property shark’s figure of 5000 sq ft is correct.
    Look at the floor plan on the listing. Looks to me like it’s less than 4000 sq ft. (25 x 30 x 4 stories + 15 x 20 x the 3 story extension adds up to 3900)

    So the seller is asking well over $1000 psf, and Brownstoner appraisers figure more like $800 psf.

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