Open House Picks: Apartments
Park Slope 1 Montgomery Place, #1 3 BR Condo Sotheby’s Int’l Sun 11:30-1 $2,499,000 GMAP Dumbo 206 Front Street, #6B 1 BR Condo Douglas Elliman Sun 11-1 $828,000 GMAP Williamsburg 234 North 9th Street 1 BR Loft Aptsandlofts Sun 1-4 $619,000 GMAP Windsor Terrace 30 Ocean Parkway, #5K 2 BR Co-op Aguayo & Huebener Sun…
Park Slope
1 Montgomery Place, #1
3 BR Condo
Sotheby’s Int’l
Sun 11:30-1
$2,499,000 GMAP
Dumbo
206 Front Street, #6B
1 BR Condo
Douglas Elliman
Sun 11-1
$828,000 GMAP
Williamsburg
234 North 9th Street
1 BR Loft
Aptsandlofts
Sun 1-4
$619,000 GMAP
Windsor Terrace
30 Ocean Parkway, #5K
2 BR Co-op
Aguayo & Huebener
Sun 2:30-4:30
$519,000 GMAP
Brooklyn Heights
59 Pineapple Street, #2K
1 BR Co-op
Brown Harris Stevens
Sun 12;30-2
$435,000 GMAP
No, an apartment in the Time Warner Center of this size would sell for 25 million.
And that’s why 2 million and change for a 3 bedroom in a landmark mansion is not that absurd.
EVEN though it’s Brooklyn.
6:55 here, I meant 6:41, not 6:36.
I love apples to oranges comparisons.
This apartment would be worth a billion zillion dollars on Fifth Avenue.
Right, 6:36 – “in this world”, sure. How bout in Park Slope?
Your $6M comment is absolutely meaningless. Sure, a similar apartment on top of the Time Warner towers will cost at least $6M. And a similar apartment in Bed Stuy will cost $500K. So what’s your point?
a lot less remarkable apartments have sold for a lot more in this world, 6:36.
6:13 – not 6 million, it would cost 6 BAJILLION across the river.
6:13 – you are a right broker moron pumper. This is an unremarkable apartment in a somewhat architecturally significant building. Guess what, when you live inside the building you don’t have much of a view of the exterior.
It’s very much more hype than substance. Period.
I walked by the Montgomery house today and saw at least 3 families standing around outside it at around 1:30…half an hour after the open house ended according to above and all seemed to be scoping the place out. Clearly some people are interested enough at that price to take a look.
Keep an eye on this one and let’s see if/when/how much it sells for.
Re: The Montgomery Place home
It is one of the finest mansions in New York City. It is an architecurally significan gem not unlike some of the mansions on the Upper East Side.
You would have to see to to understand, I suppose, but just take a walk by it. I think you’ll understand why the price is high.
It is a duplex that would cost 6 million dollars in a home as significant as this one across the river.
Brooklyn is not Manhattan, no matter what you all think. (Yes, I live – and own – in Brooklyn, so I am not trying to insult the residents.)
Park Slope is overpriced and the listing on Montgomery is so off the wall as to be laughable. Anyone willing to pay that price when there are better, more affordable options in the same area and certainly in other parts of the borough is not making a rational purchase.
Price points are perception and real estate agents are more than willing to create the allusion of value where none exists.
Buyers need to use their heads when determining the price – and yes this is now a buyer’s market.
Stop listening to the people who have a direct financial interest in the highest price for guidance on a rational price for any property (read: real estate agents and sellers).
This goes for the neighbors of these insanely priced properties. They too want to prop up a price, as it justifies their buying price and – if applicable – their related and inflated mortgage. Even long-term owners want higher prices as they too are hoping prices hold or rise so they can benefit when they exit the market.
This is a buyer’s market. Listing price is a tool to drive price but buyer’s should not be intimidated.
Underbid and bargain. Make the sellers work for the first time in over a decade to sell you something of fair value.
the markets you mention, 2:36 have dropped 10% on average. and mostly that was on new construction condos, not core urban areas where people actually live and raise families.
you still can’t get a decent place in boston for less than a million dollars either.
my point is…this is new york. it’s expensive.
brooklyn is becoming more and more integrated with “new york” or manhattan and as the capital of the world in many respects, it deserves to rank up there with all the other expensive markets around the world.