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Well, this almost seems like a zero-for-four batch, though 750 E. 21st allegedly has a firm offer (not in contract yet). The Cobble Hill house was originally listed at $2.9 mil; we caught it six months ago when the price had been chopped to $2.65. It’s now been fully rented out and is still for sale at a slightly higher ask. 119 Bainbridge switched brokerages and was the subject of much chatter when it was House of the Day a few months ago. Brooklyn Properties now has it on their site at $1 mil.
Open House Picks 9/7/07 [Brownstoner]


What's Your Take? Leave a Comment

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  1. Lincoln Place townhouse sold for 250K over asking just a couple weeks ago.

    Isn’t 3 million over 1.25?

    3rd Street townhouse sold for 3.6 million a couple weeks ago.

    Still not over 1.25???

  2. Take the 12:30 PM example.

    Lets say there is a 15% drop in prices in this area.

    12:30 PM
    Still got a tax break on intersest paid.
    Still got great credit.
    Still made money on the 625k.

    All in two years!

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