Open House Picks
Brooklyn Heights 19 Garden Place Brown Harris Stevens Sunday 11:30-1 $4,400,000 GMAP P*Shark Park Slope 354 10th Street Betancourt Sunday 1-3 $1,495,000 GMAP P*Shark Ditmas Park 466 Westminster Road Brooklyn Properties Sunday 12-1:30 $1,199,000 GMAP P*Shark Bushwick 51 Linden Street Douglas Elliman Sunday 12-1:30 $675,000 GMAP P*Shark

Brooklyn Heights
19 Garden Place
Brown Harris Stevens
Sunday 11:30-1
$4,400,000
GMAP P*Shark
Park Slope
354 10th Street
Betancourt
Sunday 1-3
$1,495,000
GMAP P*Shark
Ditmas Park
466 Westminster Road
Brooklyn Properties
Sunday 12-1:30
$1,199,000
GMAP P*Shark
Bushwick
51 Linden Street
Douglas Elliman
Sunday 12-1:30
$675,000
GMAP P*Shark
2:48, did you even read the comments above? It’s not small. Nor is it $2500/sf. It’s just not a brownstone mansion.
The rooms in the 10th Street house are small, the rooms in the Garden Place House are not small.
I think the Garden Place house is fishing for those GS bonuses. And in this neighborhood on this block it will probably get one.
Lots of people like PS too and there’s not much brownstone inventory in the neighborhood now, so 10th street appears to be fishing for someone desperate for a house in PS for less than $1.5 million. Not really getting what you’re desperate for on that block with that house though…
BTW, the “project” you mention re: 10th Street is not a Department of NYC Housing Project.
It is a Mitchell Lama building, which has already filed paperwork to elect out of Mitchell Lama, paving the way for a renovation to market rate apartments.
So actually, the potential long term value in the 10th Street property is quite high.
2:15, re 10th St.:
“It sold only a few years ago for 700K and I think they are being greedy to ask so much now. … Also, it’s in the fringes of Park Slope. I’m amazed they are asking this much – I think they should be asking 1.1-1.2 max…”
I will agree with you on the location and the ugly block, but…
1. Yeah, we all know nothing in Brooklyn has doubled in price since 2003.
2. Of course it’s on the fringes! You think it’d be asking $1.495M in prime Slope?
I call $1.3M on this place.
The 10th street house is not on the “fringes of park slope” but the block is the pits. This is the problem: that block will ALWAYS be the pits no matter how gentrified the area becomes.
Half of the block is a weedy concrete wall fronting the F train, and the worlds most ugly project-prison-block looms over the rest of the block. Complete with dogs that bark all day from their balcony cages.
700k a year ago? I’d think twice even before paying that now because you’re not going to catch any gentrification appreciation.
“The amazing thing about the Garden Place house is that it was designed in a very sophisticated way.”
Absolute horsehockey. It’s small inside and out. It does not rate $2500/sf. Period.
DP house is small, needs a lot of work, and has less detail (e.g. no fireplace or mantels) relative to other houses that have sold for that price. Factor in the cost of renovating an ugly kitchen and three bathrooms, a new roof, restoring the hideous exterior, plus other cosmetics throughout.
Its value as a two-family is limited as the layout would be very unappealing. The lower unit has most of the details and backyard access but doesn’t even have space for a proper bedroom. The upper unit would need a kitchen added plus substantial renovations to make the third floor usable (for example, there’s a toilet smack in the middle of one of the bedrooms). I say it goes in the 900’s or sits on the market forever at its current price.
The amazing thing about the Garden Place house is that it was designed in a very sophisticated way. It imitates an English cottage, and is supposed to look little from the outside. The small front door brings you in to a suite of very lovely, ample rooms. It is the opposite of a McMansion that attempts to look bigger from the outside than it really is.