House of the Day: 615 2nd Street Revisited
The owners of 615 2nd Street gave selling their Park Slope limestone a go last year but packed it in after six months when the $3,495,000 asking price proved to much for the market to bear. Now the house is back on the market with a new price tag of $2,950,000. It’s a great house…
The owners of 615 2nd Street gave selling their Park Slope limestone a go last year but packed it in after six months when the $3,495,000 asking price proved to much for the market to bear. Now the house is back on the market with a new price tag of $2,950,000. It’s a great house to be sure but, as we noted last time around, the kitchen finishes seem a little out of place. What do you think the market-clearing price is on this baby?
615 2nd Street [Brown Harris Stevens] GMAP P*Shark
House of the Day: 615 2nd Street [Brownstoner]
Mr. B ! —
“Please install an “ignore” button so I can better sift through the useless drivel that now makes up much of this website.
Posted by: ecoux at November 10, 2009 4:53 PM”
Agree with ecoux! That said, we once had a place on this block. It is a fine place to live.
heather
how do you know that this is about to be in contact?
I think this is about to be in contract. Maybe.
Anyways, I remember this one. The kitchen layout is actually kind of nice and workable. Put in some funky wallpaper and leave it alone.
The top five percent don’t pay 60 percent of their income in taxes. They simply pay 60 percent of the taxes because they earn so much more than everyone else. I think they should pay more in taxes. Let’s go back to the 1950s. Let’s also go back to the 1930s and have some bank regulation, which worked very well until it was dismantled and got us into the current mess.
I agree with Dave that Park Slope and Brooklyn Heights are elite and expensive areas similar to Greenwich, Palo Alto, and Beverly Hills. Archie Bunker cannot afford to live there. So f*g what.
>>First of all if the banker got a big bonus, he’s probablu=y not stupid.
WRONG! Tax payers were stupid to bail out undeserving wall street banks.
>>Thgirdly, the banker is probably in the top 5% category that pays over 60% of the taxes that the gov’t gets
BULLSH*T again. The top 5% are not ALL bankers.
>>It is his money and he earned it.
Not if it comes out of the tax payers’ pocket. SO, bullsh*t again
Posted by: daveinbedstuy at November 10, 2009 4:20 PM
Posted by: stevieb at November 10, 2009 5:12 PM
stevies…reread what you just posted in response to my points. I really have to believe that English is not your first language. You can’t seem to understand what I wrote and then you make a completely nonsensical response to my statement.
your bottom price is likely wrong. this jonathan miller from 1997 (http://www.millersamuel.com/press/view.php?V=1001383610FwKl). This might not have been the bottom but it certainly was before the boom really got going.
“Beginning three years ago, said Christopher Thomas, the William B. May Company’s vice president for Brooklyn, “Prices in Brooklyn Heights started rising in response to Manhattan prices. And through last year, the rise in Brooklyn Heights prices prompted a rise in neighborhoods further into Brooklyn — Cobble Hill, Carroll Gardens, Boerum Hill and Park Slope.”
Comprehensive numbers for Brooklyn sales were not available because the borough has no central realty board. But, by another measure, the Case Schiller Weiss survey, the trend was apparent.
Case Schiller Weiss has devised an index to track price fluctuations. The survey is based on a table showing the average price of all single-family homes sold in ZIP-code areas, year by year. To determine price fluctuations in 1997, for example, the survey took the purchase price of each home sold in each ZIP-code area during the year just ended, compared it to the price the house brought when it was last sold, and then, using the annual index, adjusted the earlier purchase price to what it likely would have been had it sold in 1996.
Of the 36 ZIP code areas in Brooklyn, only one experienced price depreciation last year; 10 showed appreciation up to 2 percent, 24 appreciated 2 to 4 percent and one appreciated by 6 percent or more.
A year ago, Mr. Thomas said, sales in Brooklyn Heights and the prime areas of Cobble Hill ranged from $1.3 million to $1.7 million. “By the end of 1997, we had marquis listings — the best properties in the best locations — listed as high as $5 million. The resulting impact in Park Slope is that houses that were trading in the $750,000 to $900,000 range are now listed from $900,000 to $1.3 million.”
BHO, are you a financial professional?
what year was the bottom for you?
Why differ, stevieb? If stolen taxpayer loot is part of their income then so be it. Not that this elite group shops for RE in Brooklyn of all places.
Gotta run!
***Bid half off peak comps***