Open House Picks
Park Slope 106 Park Place Corcoran Sunday 12:30-2:30 $2,850,000 GMAP P*Shark Carroll Gardens 304 President Street Douglas Elliman Sunday 1-3 $2,100,000 GMAP P*Shark Bedford Stuyvesant 171 Bainbridge Street Stuyvesant Heights Brokerage Sunday 12-1 $995,000 GMAP P*Shark Brooklyn College 2777 Bedford Avenue Brooklyn Properties Sunday 2:30-4 $649,000 GMAP P*Shark
Park Slope
106 Park Place
Corcoran
Sunday 12:30-2:30
$2,850,000
GMAP P*Shark
Carroll Gardens
304 President Street
Douglas Elliman
Sunday 1-3
$2,100,000
GMAP P*Shark
Bedford Stuyvesant
171 Bainbridge Street
Stuyvesant Heights Brokerage
Sunday 12-1
$995,000
GMAP P*Shark
Brooklyn College
2777 Bedford Avenue
Brooklyn Properties
Sunday 2:30-4
$649,000
GMAP P*Shark
Also for 3:46, if people have owned an apartment in NYC first before buying a house, their down payment is far bigger for a house than what people pay in Florida. Here, we were able to pay 60% cash towards our house after selling our coop, because it appreciated so much. You never see that in other parts of the country. I’m not saying it’s better, it’s just different. And yet, yes, it’s still hard. But we could never make money in our field anywhere else, so we deal with it.
Florida will be under water in 5 years. Why would you pay any money for that?
CG and PS houses are overpriced.
A few comments for 3:46 –
The definition of middle class in NYC is skewed as there are a lot more wealthy people per SF of residential space. Also the median income is higher than many other areas. $3000/mo is do-able for households making $150k/yr.
The Brooklyn College place could be ~2500sf if the basement were finished. Many families here live in half that (or less). With supply and demand for real estate here, people do not move to New York to get a lot of space for their money.
Yes, the Brooklyn College place costs less than similar size places. However, it’s relatively far from “it all” compared to other neighborhoods – kind of how Florida is very far from NYC. Also keep in mind that other properties may support tenants/rental income.
304 President is definitely PS 58. South side of President on that block is 58. I know, I live on the south side and my kids attend 58.
but it’s florida…
I live in FL and it is really stunning to see what it costs to purchase in New York. Don’t get me wrong. The character that these homes have is incredible compared to the cookie cutter homes I see on a daily basis, but wow. In 2006, I paid $186K for my house – 1700sq feet, 3br, 2ba, 2 car garage.
Seriously, how does a middle class family go about buying the $650K place at 2777 Bedford Ave? Even assuming a 20% down payment, you’re still looking at at nearly $520K on a 30 year mortgage. That’s $3000 a month in mortgage payments assuming an interest rate of 5.75% And from what I have been reading, $650K is on the lower end of the pricing spectrum.
3:10 PM
I disagree. The townhouse I own is just this configuration; we live on the parlor level and garden levels and have a finished basement with 8″ ceiling heights that contains a 450 sq ft play room for the children/media room as well as a separate laundry and bathroom (and boiler room). Basically all three floors (apart from the stoop entrance door) is our private space.
Living as we do it totally feels like a private residence to me.
Sweet, sweet benzene.
“It’s like saying you moved because of the knitting store next door.”
Those incessant clicking needles. I’d move for sure.