House of the Day: 202 Clermont Avenue
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…
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]
The business you are talking about is PS 20, an elementary school…
Dibs,
What is “engineered flooring?”
Yeah Dave I think you are looking at wrong streetview. There is no empty lot around this location. Not a beautiful block but not bad and very good restaurants and other attractions nearby. I like this location. If PS 20 continues its recent upward trajectory could be a good family buy.
Willoughby & Clermont….but it’s not a development. there was scaffolding I saw at first glane and it’s some large complex…a school??? If it’s a school it’s a really large one…looks more like a business of some sort.
Not an inviting neighborhood feel like rows of brownstones. For $1.5MM or more you should be able to get a quiet street with rows of nice houses. I did and at was about half that price.
DIBS what corner — everything seems faily built up right at this corner?
There’s something about the kitchen that looks odd. Otherwise, it’s a house that shows well in these photos. If 190 Clermont got $1.43 after being on the market for as long as this one, they should be able to get close to this new ask.
No it isn’t Steve. I don’t have fugly high rise apartment buildings (new and old) across the street and a humungous gaping hole ready for some craptastic development on the next corner. And I have the A train 4 blocks away. This is not a particularly nice street nor a very good location.
Maybe 1.4 would be a price that would garner the kind of multiple bid type interest we have been seeing over in Southeaster Clinton Hill (one houses priced in the 1.1/1.2 range).
“Considering the ask is already below the 2006 sale price”
Yes, and in many parts of the country, the asking price would be 30-40% below the 2006 sales price, so assuming they get anything near this price, they’re doing better than most. Even with a slight loss.
When you see houses in prime areas with great transportation and schools selling for 2 million, it’s very difficult to imagine that this is worth the asking price. I personally think this is a 1.2 – 1.3 million dollar house, but I know not all would agree.