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It’s been a tough slog for 186 Washington Avenue, an attractive albeit narrow brownstone on a nice block in Clinton Hill. The listing started out with Aguayo & Huebener in the Spring of 2008 at $1,739,000 before switching to Corcoran with a new price tag of $1,670,000 last September. In November Elliman stepped in a put a number of $1,600,000 on the house to no avail. In June, the price was reduced to $1,500,000. How long can it go? This is a nice place.
186 Washington Avenue [Douglas Elliman] GMAP P*Shark
House of the Day: 186 Washington Avenue [Brownstoner]
Open House Picks 5/2/2008 [Brownstoner]



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  1. gemini — the price looks fine.

    Hard to tell exactly how the apt. is laid out. Looks like it might be 3 rooms (2 bedrooms and one big kitchen/living/dining area). If there is a 4th room, then the price looks better.

    I don’t get south of 6th street much, so I don’t know that area as well, but I seem to remember it is OK as long as the expressway is not a visual or auditory nuisance.

    I’m mostly looking btwn flatbush and 5th street right now, so the places I’m seeing a bit more exp. than south slope (which is why I said wasn’t seeing much below $2500).

  2. Oven, if your floor thru is a nice condition, loads of details, nice kitchen & bath, ~800 sq ft, then you got a great deal. I’ve been looking and haven’t come across a “Nice” flr thru units in any of the prime BK hood for below 2500. Crappy no detail, etc. yeah, seen those.

  3. “and rents for similar things in the area around 2450 as well. ”

    rob — I’m not seeing listings for nice 2 bedrooms for under $2500. And most of the ones under $2750 are for 700-800 sq. ft. places or the top floor in a walkup.

    You have a sub-market rate apt. Try appreciating that and being grateful rather than insulting everyone who doesn’t have your good fortune.

  4. Don’t think Brownstoner was making out that this was a great deal, more like asking what it would take to get it sold. I personally think at 1.3 it will move but that is just a guess. In re What’s question about houses closer to Brownstoner’s house, 42 Downing is the only recent sale that I am aware of it that neck of the woods and it went for 1.05 and is smaller than this house on Washington, so as far as I can tell the market value for decently renovated brownstones in Clinton Hill is about 1 million to 1.5 depending on location and size.

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