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
The reason 128 Lincoln looks so much nicer (besides still having its wood detail and thus looking more like the grand-style house we expect from brownstones) is that it appears (from the floorplans) to be a much wider house. There’s a big difference between a room that is 10.5′ wide and one that is 12′ wide. Under 12′ often feels kinda cramped for living and dining rooms, in my opinion.
The 108 Lincoln duplex may be labelled as having 1 bedroom, but it really has six rooms, so I could easily see someone using it as a two bedroom – and still having a LR, DR, K, and office/guest room. But the narrowness of the rooms would still make it feel cramped.
The adjoining bedrooms would work for someone with little kids (you’re up when they’re up.) But then, this house isn’t even in the 321 school district. Even so, that a house was in the 321 district used to be the selling point for houses in 321 – but I can’t really see it anymore at these prices. If you can afford this house, you’d be better off to live further out with more room, and use the money you didn’t spend on a house to send your kids to private school. While I suppose all those tenants living above you help out with the humongous mortgage, I’d rather live without the tenants further out.
Wonder if the Lincoln Pl. owner is selling before installing kitchens because (1) owner thinks the market is going to go lower soon, or (2) has realized that everyone who has money to spend on a house doesn’t necessarily like the same-as-the-rest (and rather dark in most brownstones) dark cherry/stainless steel/granite combination.
But guest1966, going for under ask means nothing when the realtors price the houses higher than recent comps. To really see if prices are dipping, you need to compare actual sales prices, say from 6 months ago to now, or a year ago to this year. NOT compare asking price to the sale price. That doesn’t tell you anything. Every report on actual sale prices says prices in Park Slope are still rising, not falling.
10:47, regarding Midwood price, it’s not an area where sellers are getting full asking or over asking all the time. Anyone who loves the house should just offer lower. It’s in the realtor MKG’s interest to overprice her properties. Helps her over time inflate the prices in these neighborhoods she focuses on, and it helps her get clients. Corcoran overprices everything too and always has to sell for under asking. However yeah, the houses I went to see in Ditmas were shockingly overpriced for all the work they needed. Starting with replacing vinyl siding. That alone is a biggie.
I wouldn’t assume that just because one very nice house went to contract quickly, PS is white hot. We are looking to buy there right now and a lot of stuff that would have been snapped up immediately 9 months ago is hanging around for weeks. I think the jumbo mortgage issue is affecting the market there just as it is anywhere that prices are that high. Also many if not most places are going for under ask.
Interesting that all these places on Lincoln Place are for sale. Corcoran has another one, #128, listed for $2.75 million. As someone said earlier in the thread, Park Slope is white hot. That house on Berkeley Place for $3.4 million is in contract after being on the market for what seemed like no time at all.
Nice try Angela Miller-Roberts.
The shit is about to hit the fan.
http://www.bloomberg.com/apps/news?pid=20601087&sid=al1pBplw2gaU&refer=home
The banks trying to cover their asses. Pray for the best.
The What
Someday this war is gonna end.
1. Hey the What–go jack off your mother, who has a big juicy penis
2. Anyone ever heard of a seller or broker getting it on with a buyer to close a deal?
I only ask because I saw a TV show where the car saleswoman got it on with the buyer to close the sale. I guess she needed the commission. Probably more likely to happen in CH or PLG or somewhere like that.