House of the Day: 65 Prospect Park West, Reduced
We posted 65 Prospect Park West as a House of the Day last April when it hit the market asking $2,899,000. The price has just been reduced by a third, bringing it down to $1,950,000. The listing says that the “motivated seller MUST SELL” so there’s probably some wiggle room even from here. Even if…
We posted 65 Prospect Park West as a House of the Day last April when it hit the market asking $2,899,000. The price has just been reduced by a third, bringing it down to $1,950,000. The listing says that the “motivated seller MUST SELL” so there’s probably some wiggle room even from here. Even if the interior is a disaster, the seller would be better served to include some interior photos: absence makes the heart grow suspicious. The listing does say that there’s plenty of original charm left so at some price in here this has to be interesting. Last go round, the average widget price was $2,173,820. Let’s see what people think six months later.
65 Prospect Park West [Awaye Realty] GMAP P*Shark
House of the Day: 65 Prospect Park West [Brownstoner]
I apologize Tara- we’re so used to some folk doing multiple hoax log ins that we sometimes get overly suspicious. Please consider us properly chastized.
I love this house. But like everyone else, no pics makes me very wary. Someone said brokers like to leave things to the imagination (as an excuse), but no pictures seems to confirm people’s idea that someone is trying to pull the wool over their eyes.
Tara in the Slope, go lurk on OT thread a little more often and you’re find most are harmless and tons friendlier in person. All new folks get their tires kicked but dont let that scared you off.
Honestly, anyone who wants Bill Thompson to be our next mayor (regardless of how you feel about Bloomberg) I have to question your sanity and any info. you provide here.
Bill Thompson would be the WORST thing to happen to this city in decades.
From the horse’s mouth…
Current Market Boom “Can’t Be Trusted,” Robert Shiller Says [yahoo finance]
Are we on track for a repeat of irrational exuberance?
With the stock market up more than 50% since March and the Standard & Poor’s Case/Shiller Index on the rise for the last three months, it’s a worry, says Yale Professor Robert Shiller. “Somehow we got into this really speculative mentality and I don’t think we’re out of it yet.”
Given the current economic environment, “these booms [in the housing and stock markets] that we’re seeing now can’t be trusted to continue,” Shiller tells Tech Ticker in the accompanying video, taped at last week’s Buttonwood Gathering. (Click here for part one of the interview.)
The author of Irrational Exuberance and Animal Spirits characterizes the stock market rally as an “amazing rebound” without much historic precedence, “you have to go back to the Great Depression to see such a turnaround in the stock market.”
According to his cyclically adjusted P/E valuation model – stock price divided by average 10-year earnings – stocks are overvalued today, but “not massively overvalued.”
The market’s rebound isn’t likely to be derailed by valuation in the short term, Shiller says, but if one looks to the classic bear market rally of 1933-1937 as a guide, stocks may eventually crater as they did then.
***Bill Thompson for Mayor***
“Once in a LIFETIME Opportunity to Own a Rare Diamond in the Rough” – Awaye Realty
More like a rough in the diamond. No floor plans = you suck.
Gotta share that driveway too.
That was funny, northsloperenter @ 1:23.
***Bill Thompson for Mayor***
Can anyone explain the hay bales in the backyard?
Man, Awaye Realty gets a well deserved beating on this thread. I had to check Streeteasy and Prop Shark to actually get info.
The lowest ask was $1,899,000. Although it was “sold” in fact it didn’t. The agent sure wants to muck up the listing history. I also love that the listing touts FAR as it were a prime development site, even though it’s in the historic district. Good luck with that.
It would be a great location, if it didn’t have a 10 story building attached to the southern wall. I have to agree with Miss Muffett, as a single family it’s probably worth about $1.2M to $1.4M.
Time marches on.
4/6/09 HOTD 20 Clifton Place sold 10/15 for $850,000. 15% above widget; 8% off ask.
6/3/09 HOTD 240 Dean St sold 10/5 for 1,390,000. 9% above widget; 11% off ask.
yes, waiting on Garfield. W1 said 1.5 and W2 said 1.4. It will be higher than either, imo. i’ll guess 1.55.
other HOTD in contract: 178 8 Ave, 244 Hall St, 448 6th St, 638 St Marks ave
CG, no problem. I’m kind of interested so I probably shouldn’t be publicizing it too much, LOL! I’ve just been so frustrated trying to get more information I had to vent.