Houses of the Day: Head-to-Head in The Slope
When 590 2nd Street (right) hit the market three months ago for $3,200,000, we thought it had a pretty good shot at finding a buyer. Apparently not, as the price was just cut to $2,995,000. This, coincidentally, is the same asking price as a new Brown Harris Stevens listings in The Slope, 130 Lincoln Place…
When 590 2nd Street (right) hit the market three months ago for $3,200,000, we thought it had a pretty good shot at finding a buyer. Apparently not, as the price was just cut to $2,995,000. This, coincidentally, is the same asking price as a new Brown Harris Stevens listings in The Slope, 130 Lincoln Place (left). Both houses are two-family, four-story brownstones, though the 2nd Street house is slightly larger, according to PropertyShark. It also gets the benefit of the doubt when it comes to interiors since the Lincoln Place listing is lacking in the photo department. Which do you think has a better chance of selling at this price?
590 2nd Street [Brown Harris Stevens] GMAP P*Shark
130 Lincoln Place [Brown Harris Stevens] GMAP P*Shark
House of the Day: 590 2nd Street [Brownstoner]
Both of these houses come with tenants. The tenant in 2nd Street house is in place until at least May or Aug 2008 (I can’t remember what the broker told me).
the fact of the matter is if i cant afford no one can.
“the proper ass gander machine” is my new favorite What-ism.
“As someone who has worked in higher education for many years, I do believe in the public school system for my kids. ” — are you the same person with the combined income of $600K? Where do you work in higher education and make that kind of money? Or, is it really not an even split between you and your spouse?
I know a lot of people who moved into 282 district, and then couldn’t pull the trigger on sending their kids there. Most people figure out a way to get their kids into 321, or send them to Packer. Everyone moves there optimistic about 282, though.
I finally understand who is buying these places at these prices, and why there has been such a run-up. $600K in combined annual income, while a fortune by any rational standard, is far less than I would expect to support a $2mm mortgage (taking into account the hefty down payment), taxes, etc. I think you would need to send your children to public school with that financial mix (and not have the expense of a full time nanny). Or else I am way more fiscally conservative than most people buying homes in the area.
We have heard good things about PS. 29 and PS. 282.
I have indeed been to both and we will absolutely send our children to either, should we end up in those districts.
PS. 321 is clearly good, although most homes we are looking at are in the North Slope, thus Ps. 282.
As someone who has worked in higher education for many years, I do believe in the public school system for my kids.
Many studies have been done to show that kids assimilated into the public school system show much better results in university and then post college career development.
2:27 — When you say you plan on sending your kids to public school, do you mean to either PS 321 or PS 29? Or would you consider PS 282, which is the district that the Lincoln street house is in? Or PS 39? Have you gone to the schools, looked around, checked the numbers? Or is it more a general ethical belief that in a perfect world you would rather send your kid to public school?
321 has been a disappointment to me. BUT I know many people happy at area public schools.
Also agree that these top 3mm prices are nearing the end. Yes, we know they’ve sold at this level, but going forward I see fewer and fewer