186-Washington-Avenue-0908.jpg
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]



What's Your Take? Leave a Comment

Leave a Reply

  1. northslope renter my builing / apt is not a pit or tiny. it’s 950 square feet it doesnt have the newest appliances or anything, probably stuff from the late 90s early 2000s because it was renovated in 2000 / 2001 about.

    and rents for similar things in the area around 2450 as well. 3500 is just absurd and youre a sucker to pay that.

    *rob*

  2. rob — is your duplex renovated and full of new appliances? Some people will pay more for new.

    And you are not north slope… you are def. in the center. And unless your place is a pit or tiny, it is under market price and you should be nice to your landlord.

    I don’t think these places could get $3500 along 5th ave. Too noisy and dirty. I’m thinking more like Carroll or 2nd street between 7th and 8th.

    *I* wouldn’t pay $3500 for a 900 sq. ft. duplex, renovated or not. But knock 15% off and we can talk…

  3. quote:
    Do you think 3500 is too much or too little?

    well im in north slope too (5th ave and 1st st) in a duplex 2 bedroom with an additional den and our rent is 2450. i dont see how something similar in the same hood is going to be over a 1000 more. but you go on ahead getting ripped off. it’s only money!

    *rob*

  4. 3500 (even if) X 2 X 12 X 10 (10X annual rent, the ratio in a normal market) = $0.840M

    2000 (real figure) X 2 X 12 X 10 = $0.480M (the dyslexia amount)

    ***Bid half off peak comps***

1 3 4 5 6 7