Open House Picks
Park Slope 104 Lincoln Place Brown Harris Stevens Sunday 1-4 $2,995,000 GMAP P*Shark Park Slope 108 Lincoln Place Corcoran Sunday 12-2 $2,800,000 GMAP P*Shark Clinton Hill 57 Gates Avenue Aguayo & Huebener Sunday 1-3 $1,379,000 GMAP P*Shark Midwood Park 718 East 18th Street Mary Kay Gallagher Sunday 2-4 $1,190,000 GMAP P*Shark
Park Slope
104 Lincoln Place
Brown Harris Stevens
Sunday 1-4
$2,995,000
GMAP P*Shark
Park Slope
108 Lincoln Place
Corcoran
Sunday 12-2
$2,800,000
GMAP P*Shark
Clinton Hill
57 Gates Avenue
Aguayo & Huebener
Sunday 1-3
$1,379,000
GMAP P*Shark
Midwood Park
718 East 18th Street
Mary Kay Gallagher
Sunday 2-4
$1,190,000
GMAP P*Shark
3:16 – well, we’ll find out soon enough, won’t we?
i heard there were offers on both places.
they had the open house yesterday for back-ups.
2:29, that’s very interesting. (It’s 2:24 here). Maybe he is in a hurry to sell from a market risk perspective. That would be great for me (as a potential buyer, I’m hoping for a slight dip to be honest). I will say that the broker at 108 told me yesterday that the seller thinks he could finish the place within a week. I found that HIGHLY unlikely (actually started laughing when I heard that).
I suppose, except that as recently as last week, the seller was trying to find renter tenants to fill both properties (even as the units were unfinished). The part marketed as the owner’s duplex was being listed for tenants as well…the listings were all over CL and the brokerages. I don’t know how the seller was planning on finishing the work — let alone sell the properties to move-in (vs investment) buyers with tenants filling the building.
Regarding selling 108 now (unfinished), it COULD be about market timing as 10:50 seemed to imply, but I don’t think so. I think the seller is just trying to sell at the earliest possible time he can, so that he can carry it as short a time as he can. In other words, it will be done by the time close happens, and he can market it as something where the buyer can pick out their kitchens and baths and stuff. It just totally eliminates any risk associated with buyers not liking finishes, and shortens the time he has to carry it. A LOT of developers do this (with new properties and such)- it’s a pretty standard move.
This is 1:35 again — sorry, 1:29 is of 128 Lincoln, not Berkeley. Other than duffing the address, my comment remains — 128 appears to be in much better shape than 108.
Can’t comment on 104.
the berkeley property has a signed contract, from what i understand, no?
1:29, admittedly just judging from the photos of the Berkeley property (but having seen 108 Lincoln in person), the Berkeley place appears to be in MUCH better shape than 108 Lincoln.
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1079032