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
Please post photos of dancing chimp. Thank you.
BORING. BORING. Anyone defending the flip properties to the extent expressed in the above posts has a vested interest or connection to the properties in question. So please, spare us.
You have no IDEA that these are “being rushed” to the market. You are speculating.
Maybe he’s sick. Maybe his wife died. Maybe he’s moving to Florida.
Who the hell knows and who the hell are you to say that he’s rushing them to the market.
Maybe he’s find with a 1.6 million dollar payout in a year.
God you are ignorant.
you’re the only one saying the interior details are crappy, 11:18.
someone just said they were gorgeous and you called them a broker.
who to believe? a detailed account of the home or a troll.
hmmmmm
You clearly have no concept of real estate in Park Slope if you don’t think these will sell at 2.5 or higher. NO CONCEPT.
Hey 11:07, 10:50 here. Can afford it, thank you, but won’t pay for it. And you say nothing that contradicts or disputes the situation.
If he can get $2.5M, all the power to him.
My question is – why now?
Why rush, before he’s come close to completing the renovation?
Why sell when the interior details are crappy (see above post from open house)?
Again, it doesn’t take a genius to see that these properties are being rushed to market. So why rush them?
The obvious answer: He and his brokers believe the market is more likely to be weaker than stronger in the near term.
you’re an idiot, 10:50.
he bought at 1.7 million.
at the very miniumum he’ll get 2.5 on each in which case i don’t think an 800K profit on each home in a year is too shabby.
certainly not cause for your apocolypse-now like tirade.
just because you can’t afford park slope does not mean that homes aren’t selling for high prices.
Actually 10:32, I’m just a girl who went to the open house with her husband and in-laws out of curiousity (and to show my in-laws just what these beautiful places are like), and so totally NOT a broker. But we ALL thought this place was beautiful. And yes, of course it was under construction. But the molding and wainscotting and stuff that they had restored was truly just beautiful. Like I said, I would not likely pay that kind of money for the place even if I had that kind of money, but we all thought for sure it was beautiful. (And I knew it was a flip so it really irks me that he can flip it for that kind of money. Let’s see if he’s actually able to though- not so sure about that.)
10:50- I hope you are right!!! That would be great for us (buyers but at a much lower price point).
Look, you go to Streeteasy and you see that 104 and 108 are flips. The current owner bought them within the last 12 months for well below what he’s asking now.
Yet the buildings are far from being renovated. So, why is he flipping now?
Because he’s scared shitless of this market and doesn’t want to wait any longer. Corcoran and BHW are telling him the same thing – “Sell these properties NOW. If you wait until they’re fully renovated, it’ll be too late!”
It’s not rocket science, folks.
108 is not beautiful. It’s unfinished. The floor on the parlor level is torn up and warped, and the front parlor has an inexplicable (and modern) formica counter in it (even though the kitchen is on the garden level). Most rooms were missing baseboards. And there were holes in the ceiling drywall.