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After selling in 2006 for $1,625,000, the brick house at 202 Clermont Avenue in Fort Greene came on the market again in March 2009 with Brooklyn Properties at a price of $1,725,000. In May of last year, the asking price was trimmed to $1,675,000, and in September the listing moved to Corcoran at a slightly enhanced price of $1,695,000. Well, that didn’t work too well, and the price had a couple of small reductions last fall, followed by another increase (!) in February, bringing it back to $1,675,000. (You following?) Last week, the price was cut by 7 percent to $1,550,000. Exhausting! What’s the right number?
202 Clermont Avenue [Corcoran] GMAP P*Shark
House of the Day: 202 Clermont Avenue [Brownstoner]



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  1. I’m curious how much Brooklyn Properties is listing the shell on Vanderbilt and Gates for. The one being held up by scaffolding? Obviously, location aside, this house should be much more expensive than that.

    Vanderbilt and Gates listing (470 vanderbilt, maybe?) just went up last week, I think? But it’s not on their website as far as I can tell.

  2. The house looks perfectly nice, it must be the location holding it back.
    People who spend one and a half million on a home probably do not wish to walk in their expensive business clothes for a mile in the rain and wind to get to a subway. When you think about it, it is quite remarkable that Brooklyn houses in these locations have appreciated in value as much as they have. The convenience factor is definitely lacking in several ways including schools and supermarkets. It makes me think these prices won’t hold. But that’s just me and I am the first to admit I have no idea what drives or halts bubbles.

  3. “I think a 15 minute walk is a long walk. Especially if it is at the end of a 35 minute ride from Rockefeller Center that includes a transfer at Jay or W 4th.”

    If my mother was on the blog she be saying “back in my day….”

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