Open House Picks
Windsor Terrace 18 Sherman Street Warren Lewis, Listing 5826 Sunday 2:30-4:30 $1,895,000 GMAP P*Shark Prospect Heights 532 Carlton Avenue Corcoran Sunday 12-2 $1,575,000 GMAP P*Shark Windsor Terrace 203A Windsor Place Douglas Elliman Sunday 3-5 $1,125,000 GMAP P*Shark Bedford Stuyvesant 352 Halsey Street Twyford Real Estate Sunday 12-2 $765,000 GMAP P*Shark
Windsor Terrace
18 Sherman Street
Warren Lewis, Listing 5826
Sunday 2:30-4:30
$1,895,000
GMAP P*Shark
Prospect Heights
532 Carlton Avenue
Corcoran
Sunday 12-2
$1,575,000
GMAP P*Shark
Windsor Terrace
203A Windsor Place
Douglas Elliman
Sunday 3-5
$1,125,000
GMAP P*Shark
Bedford Stuyvesant
352 Halsey Street
Twyford Real Estate
Sunday 12-2
$765,000
GMAP P*Shark
Limestones are cheery and bright, and often have lots of carved decorations around doors and cornices that brownstones don’t have.
There are a lot of other good schools serving kids in the areas in and around Park Slope: PS 107, PS 154, PS 39, Children’s School, Brooklyn New School. I think there’s a house on 3rd Street now that is a 3 story that is at least $3,000,000. And it looks nice but not newly renovated. So value is clearly in the eye of the beholder. This blog is all about smug people just patting themselves on the back for buying 1) when they did. 2) in the neighborhood they did. 3) for the price they did.
Don’t be so silly, anon 2:10am. Many young families looking in the area are more familiar with 321’s established reputation than they are with the burgeoning ones of 107, 39, etc. Rightly or wrongly, they are the ones setting the premium, not the sellers, solely upon perception. That’s the way it is, don’t get mad at me about it. Most of them don’t really learn about the real pluses and minuses of the schools until they actually live here.
Ohhhhh…..no! Not more PS 321 premium bs again on this board? Where do you send your 12 year to school (public) in the slope? Instead of allowing sellers to demand a 321 premium, buyers, on the other hand, should demand the John Jay discount!
I also think WT house is reaching. FWIW, brownstone v limestone is not just about the facade–PS houses were, for most part, built 10-20 years before WT houses and are bigger and fancier. That said, Sherman St houses are big and fancy for WT. Altho it doesn’t have central heat/ac, talk of gut rehab needed is kooky. There is a market for people who want a good house on a good block but have zero interest in doing major rehab work. Also, many (I bet older) buyers will be interested in quiet safe atmosphere and won’t be put off by being just one subway stop further from Manhattan than PS. Still,I think this will go for less than asking.
Linus is right that very few 3-stories in the Slope are 20 ft. (most are 17 or 18), but most 3-stories I’ve seen are def. around 2m, not 3m. There’s only a handful of top Slope blocks where 3-story b’stones/limestones predominate – I know because we spent years looking before we found ours. I’d think that the 3-story stretches of 1st St., 4th and 5th St.(none of which are park blocks, but they’re in the 321 zone), and all of the south-of-8th St. park blocks would qualify under “top block” category, though I feel like there must be some north slope I’m forgetting.
It was three years ago, but we looked at a very nicely renovated limestone on the same block of Sherman that was offered (and quickly went) at 1.1m. And I thought then that the market couldn’t go any higher… Obviously I was wrong, but I still think they’re reaching a bit here.
lol, 6:53, me too!
I think a done 3 story house on a top Slope block would be close to $3m. It has always been correct and accepted to price similar houses in the South Slope on park blocks to the house prices in Windsor Terrace and that’s what this one is doing. Many people would rather live on a quiet Windsor Terrace block instead of being in the traffic/bus nightmare of say 15th Street or the mess of being by the movie theater on 14th and 15th Streets. And this is supposedly a done house on Sherman. The recent sales on 14th and 15th Street weren’t done houses. The fact that the prices haven’t been publicized in Windsor Terrace is more a product of there not being many sales there and that more people use lame agencies that don’t co-broke over there.
and obviously I don’t dislike lighter stone! The example I posted on PPW is the type of place I plan to buy one of these days if I can just manage to get some work done and not screw around on these internet websites!