Multiple Price Cuts for Heights Houses
Not even Brooklyn Heights, the bluest chip in the borough, is proving immune to the pressures of a weakening market. Exhibit 1: Three of the lower-priced houses on the market in the area have recently had to undergo price reductions in their bids to find buyers. The most surprising of these, in our opinion, is…
Not even Brooklyn Heights, the bluest chip in the borough, is proving immune to the pressures of a weakening market. Exhibit 1: Three of the lower-priced houses on the market in the area have recently had to undergo price reductions in their bids to find buyers. The most surprising of these, in our opinion, is 72 Middagh, a 3,450-square-foot former school house with its own parking that recently underwent a pitch-perfect renovation. This one started out three months ago at $2,995,000 and was just cut to $2,895,000. The historic colonnade of 47 Willow Place was not enough to reel in a buyer at the initial asking price of $3,450,000, so after just five weeks, it too had its price trimmed to $3,200,000. These two cuts follow the unsuccessful efforts of a succession of brokers to unload the suburban-modern carriage house at 43 Love Lane. Brown Harris Stevens, Stribling and Halstead gave it a go for most of last year, starting at an original asking price of $3,500,000. Coldwell Banker took over in February at $2,995,000. With no better luck, they cut the asking price to $2,745,000 at the end of April. Where’s the bottom on this stuff?
72 Middagh Street [Corcoran] GMAP
47 Willow Place [Corcoran] GMAP
43 Love Lane [Coldwell Banker] GMAP
House of the Day: 43 Love Lane [Brownstoner]
HOTD: Love Lane Buyer, Wherefore Art Thou? [Brownstoner]
House of the Day: 72 Middagh Street [Brownstoner]
House of the Day: 47 Willow Place [Brownstoner]
12:39, notwithstanding the fact one has almost every subway option at Borough Hall and the surrounding vicinity, there is also the additional convenience of being able to catch a cab in BH at almost any time, which is much tougher to do outside of BH. Further, there is also the option to easily walk and bike over the bridge and into Manhattan, which is much easier/faster from BH. I would also imagine the D and N trains are less reliable on the weekends and evenings than the more populated lines. I’m just saying…
12:43, absolutely! While Montague Street is really hurting for decent options, I can easily go to a bar/restaurant while appreciating I get to come home to a beautiful, serene (and boring) area.
“11:30. I could buy any of these properties. I’d rather pay 3-4k in rent and save the other 10k/month (which I do). I can invest that in plenty of other assets that are likely to outperform real estate.”
That’s great for you. So why again are you posting on a thread about homes for SALE??
The renters thread are over there ——>
I’d take the Upper West Side reference over the Upper East any day of the week.
I can honestly say that I love ALL of NYC EXCEPT the Upper East Side. If I never have to go there again, it would be too soon.
12:44 was the best addition we’ve seen to this bullsh1t neighborhood bashing in a long time!! I lived on the UES…he’s right
12:39 people don’t realize what a nice thing that is in daily life to be able to call from the bridge. It makes it easy to ask if there is anything that one has to pick up from the store on the way home. Saves endless headaches of running back out once you get home.
How did the train thing become about park slope vs brooklyn heights when the comment was actually about boerum hill, prospect heights, and the north slope?
11:30. I could buy any of these properties. I’d rather pay 3-4k in rent and save the other 10k/month (which I do). I can invest that in plenty of other assets that are likely to outperform real estate.
Long term, my income and local real estate prices are highly correlated. renting is a natural hedge.
I just moved from Williamburg to Park Slope.
I’m very happy with my decision, to say the least.
It’s a JOKE to say that Park Slope is a college campus. Park Slope is one of the most established, mature neighborhoods in Brooklyn.
Ever been to McCarren Park or Bedford Avenue?
It’s like going to the Quad at Amherst College.
Brooklyn Heights has better manners, I will say that. It is a little like the Upper East Side whereas Park Slope, is more like the Upper West Side, with all those in-your-face types. Other sectors, such as Williamsburg I suppose, pride themselves on their bad manners. Whatever floats your boat.
sex and the city; the movie picks up five years after we left off. you know that picture of the baby charlotte saw? that baby is now 5 years old.
people on here will write about ANYTHING — as long as the have no real info