House Joke of the Day
This listing is just silly. First of all, a house like this would have a hard time getting $1.4 million in friggin’ Park Slope. Secondly, the broker claims the 224 Avenue I address is in Midwood. We consulted with the High Priestess of Victorian Flatbush real estate, Mary Kay Gallagher, who has a detailed map…
This listing is just silly. First of all, a house like this would have a hard time getting $1.4 million in friggin’ Park Slope. Secondly, the broker claims the 224 Avenue I address is in Midwood. We consulted with the High Priestess of Victorian Flatbush real estate, Mary Kay Gallagher, who has a detailed map of the area’s neighborhoods. This, being west of Ocean Parkway, doesn’t even make the cut. Thirdly, if you’re going to slap a ridiculous price on a house, at least put some interior photos up. One good thing about the more sober market is that it should gradually weed out pie-in-the-sky listings like this that only waste people’s time.
Midwood Two-Family Corner Property [Craigslist] GMAP
Anon at 12:07 – there are orthodox jews living in parkville (as well as a thriving Pakastani community), in very ordinary looking homes like this, some of which are unrenovated, some of which are morphing into very tall and narrow McMansions. But I agree with you, it doesn’t have the cache or desirability the east side of Ocean Avenue, hence the price does seem a bit high.
1.4M might be a bit high, but by no means is it a joke. The other posters hit it on the head with the desirability – in fact the necessity – within the Orthodox community to live near an appropriate synagogue. Also, some communities have “Eruvs” which permit carrying on the Sabbath, which would otherwise be forbidden. If this house is inside an Eruv (and I think it is), there would be a premium. The prices I’ve seen lately in Red Hook, on the other hand…
Everyone has said it already – it’s all about Orthodox desirability. Georgetown (a neighborhood abutting mine (Old Mill Basin)) is said to be slated next for an “Orthodox takeover”. Prices are climbing already (899k for two family – up from about 435K in late 2004) and homes a being sold without for sale signs being put up.
I don’t really know this hood but a quick look on property shark doing a comparables search makes this price look like it’s in the ballpark.
i’m anon @12:07 and I just looked at my own map since brownstoner’s isn’t linked properly, and this is definitely NOT midwood and definitely not an area where religious jews tend to live…the area is parkville and not worth the $1.4 mm….if it was up ave. i towards bedford ave then yes, but not down towards mcdonald ave.
Oops – this house is West of Ocean Pkwy – I don’t know why I was thining east of Ocean Ave…. This area was never part of Vanderveerpark… BUT, everything else about the orthodox desirability of this neighborhood holds water.
This area must have a name… Parkville? Isn’t that what’s just south of Kensington…?
brownstoner:
no offense, but this is where you start to show your lack of knowledge of all of brooklyn. as you do know, brooklyn is not limited to only the neighborhoods you talk about (park slope, ft. greene, clinton hill, etc.). there are many other parts of brooklyn where housing is very expensive. this area of brooklyn (where this house is) is home to thousands of religious jews who pay premium prices for home in this area (in and around bedford ave b/w ave. h and kings highway). i have little doubt this house is the right price (either for the house itself or for a knockdown). you must remember it is likely this home will house at least 10 members of someone’s family as that is how many people live in this area.
12:03 – exactly the point I was just going to tack on to me above post.
What usually happens in this area is that the price is not for the house – but for the land and location. The house will more than likely be destroyed and a McMansion built in its place. You see alot of nothing houses getting huge prices – again for the land.