House of the Day: 315 Garfield Place
Probably the nicest house for sale in Brooklyn right now, 315 Garfield Place hit the market last September asking $8,500,000 and was reduced to the current price of $7,750,000 back in June. While that’s a tough number in this market (or any, really), consider that the 26-foot-wide brownstone has almost 7,000 square feet of space…
Probably the nicest house for sale in Brooklyn right now, 315 Garfield Place hit the market last September asking $8,500,000 and was reduced to the current price of $7,750,000 back in June. While that’s a tough number in this market (or any, really), consider that the 26-foot-wide brownstone has almost 7,000 square feet of space and has been immaculately renovated. Still, at this rarified price point, it’s more about whether some banker or movie star is going to fall in love and have to have it than rationally comparing it to price per square foot comps around in the area. And given that the current owners paid less than $4 million for the house (pre-renovation, presumably) back in 2006, they can probably afford to be patient.
315 Garfield Place [Brown Harris Stevens] GMAP P*Shark
Closing Bell: 315 Garfield Place, The Movie [Brownstoner]
**DROOL**
I must marry a rich guy.
Not loving the master bath tho. Where am I going to soak after shopping at the food coop, while waiting for rich husband to come home?
Dave a master bedroom floor thru would have been SWEEEEET!!!!
“it’s a gorgeous mansion, as was the house on Willow Street which sold for $5,000,000. Is Park Slope more expensive than Brooklyn Heights?”
Maly, here are the break down of price per square foot for the largest sales of the week today:
Brooklyn Heights: $694 psf
Fort Greene: $750 psf
Park Slope: $556 psf
South Slope: $708 psf
Clinton Hill: $444 psf
So yes, in fact South Slope is more expensive than BH. As is Ft. Greene. 🙂
Umm… is there really much difference between $8.5 million and $7.75 million?
I mean, would the buyer be different? If you can afford the lower, can’t you afford the higher?
Numbers just seems to lose meaning after a certain point. Does the word “mortgage” even enter the equation with properties like this?
Repainting the front door with very good paint could add as much as .0006% to the cost. That’s the straw that broke the camel’s back and a real deal breaker 🙂
Maly, you raise a good point. BH is much smaller than PS and geographically they are very close. Certainly there are streets in BH that because of their name will always command a premium but there are, as we see here, grander houses in PS than many of the ones in BH. There are also fewer 25′ wide houses in BH and more of the narrower older Federal styles because BH IS older than PS.
I think this is worthy of a lot more investigation, speculation, discussion, baiting and vitriol. 🙂
What about truffles, 11217??
it’s a gorgeous mansion, as was the house on Willow Street which sold for $5,000,000. Is Park Slope more expensive than Brooklyn Heights?
I hate foie gras AND caviar Dave! Give me escargot anyday though!
“great house but overpriced–international celebrities don’t fight over brownstones in brooklyn”
Let’s see, Norah Jones just paid 5 mil for a brownstone.
Sandra Oh recently bought a brownstone in Boreum Hill.
Maggie Gyllenhall lives in a brownstone about 5 blocks from here. Michelle Williams and the former Heather Ledger live in a brownstone in Boreum Hill. Lili Taylor lives in a Brownstone in Brooklyn. Not sure anyone fought anyone for any of those, but they are out there…