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This three-story house at 362 5th Street still has quite a lot of original architectural charm; it’s also got a sparkling new kitchen and some tastefully renovated bathrooms. The asking price of $1,750,000 ain’t cheap given the size of the house but it’s also on the low end of the spectrum of a house in move-in condition in the Central Slope, so we could see them getting within 10 percent of this ask. Update: Make that 20 percent…we just realized this is only 15 feet wide.
362 5th Street [Garfield Realty] GMAP P*Shark



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  1. I went to go see this house during the open house and I have to say: I LOVED IT!

    Fantastic block, located next to Park Slope’s coolest cafes (Cafe Martin), restaurants (Belleville, Mura), Jazz Clubs & Coffee Shops (Perch) Bagel Shops (Bagel World) and even a Thai Sandwich Bubble Lounge!

    It’s also right next to Byrne Park / Washington Park which is Brooklyn’s 2nd best Park as far as I am concerned (love that new meadow)

    Transportation is good (Located in South/West Center Slope so close to F,R and G (Not just F)

    As far as the house itself is concerned, it was perfect! Fantastic touched and well-laid out (in my opinion)

    I think it will sell for ask.

    JAL

  2. MM will become an instant bull once she gets long a piece of property, as I suspect most would behave in the same manner.

    Looking for value where there is little in one of the most competitive cities in the world is difficult, to say the least.

  3. And just as an aside Miss Muffet, I respectfully take your comments about these homes with a grain of salt since nearly every one you comment on, you disparage, tell us it’s 500K overpriced and then we see it pop up 6 months later as sold for well over what you’ve deemed it worth.

    I’ll give you the expertise on the schools, but as for appraising Park Slope properties, your track record here is subpar.

  4. I’m not disagreeing that PS. 321 has the branding and the credentials to back it up.

    I’m just saying as a general comment that I know a ton of people with kids in the Slope and I know more people who rave about PS. 39 than I do about those who send their kids to PS. 321 as they often complain about the crowding.

    Obviously they are both great schools and no one who buys this house should feel slighted for their school zone.

    To be fair, the houses in the North Slope (Lincoln, Berkeley, Sterling, etc) are zoned for PS. 282 and generally command higher prices than most of those in the 321 or 39 zones.

  5. Aside from the over-generous sprinkling of downlights, this looks pretty good — in photos. Baths especially. But I’ll take others’ word that in person it leaves much to be desired.

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