House of the Day: 448 6th Street Revisited
When 448 6th Street hit the market with Brown Harris Stevens last October we drooled over its interiors and unusual facade but wondered whether the asking price of $2,825,000. It turns out it was. By quite a bit. Corcoran took over the gig in April and relaunched the listing with a price tag of $2,299,000;…
When 448 6th Street hit the market with Brown Harris Stevens last October we drooled over its interiors and unusual facade but wondered whether the asking price of $2,825,000. It turns out it was. By quite a bit. Corcoran took over the gig in April and relaunched the listing with a price tag of $2,299,000; since then there have been a couple of small price cuts, including one yesterday, that have brought the price down to $2,149,000. We have to think that this is getting close to a market-clearing price. The only snag we can think of, besides the small matter of the global financial meltdown, is that the brownstone is only 17 feet wide.
448 6th Street [Corcoran] GMAP P*Shark
House of the Day: 448 6th Street [Brownstoner]
According to Streeteasy, this home is no longer available.
Unless I’m missing something…
I also believe some idiot will buy this before it drops to the 1.6-1.7 level. that said, I agree with the 1.6-1.7 level assessment.
Well, 10th Street, they thought their price was right when it first came out and the market has proved otherwise, and all signs point to further declines. This is a classic example of chasing a down market, and I see no reason the price could not decline substantially further. You may estimate high 1’s now (not too far, I presume, from my 1.6-1.7 max for now) but we’ll see if it sells “soon enough”. There are a number of other houses on the market, that, like this one, priced too high to begin with and now are sitting, sitting, sitting.
Miss Muffett, you are a tough mistress.
What, you’re not curious? You don’t want to see pictures of the other rooms?
So, you’re confirming what I said, that if you have to ask you can’t afford it, or whatever the equivalent here is?
Nomi, you either got the two mill or you don’t. why all the fuss about pictures?
MM – This house will sell soon enough. Disagree on the 1.6m, someone’s going to come in prior to that. Certainly if I was looking high 1’s low 2’s it would be on my radar, it’s a nice place.
Is there a strategy behind the few pictures? It feels mean, exclusive, like the “seriously interested” don’t need lots pictures or any cause they don’t even look at ads.
I would not worry about the 17 feet. I would worry about the two million one hundred and fifty thousand dollars. There’s the problem measure.