Open House Picks
Park Slope 865 Union Street Townsley & Gay Sunday 1:30-3:30 $2,550,000 GMAP P*Shark Park Slope 303 13th Street Warren Lewis Sunday 2:30-5 $1,895,000 GMAP P*Shark Ditmas Park 440 East 19th Street Mary Kay Gallagher Sunday 1-3 $1,390,000 GMAP P*Shark Prospect Lefferts Gardens 73 Rutland Road Corcoran Sunday 12-2:30 $1,390,000 GMAP P*Shark
Park Slope
865 Union Street
Townsley & Gay
Sunday 1:30-3:30
$2,550,000
GMAP P*Shark
Park Slope
303 13th Street
Warren Lewis
Sunday 2:30-5
$1,895,000
GMAP P*Shark
Ditmas Park
440 East 19th Street
Mary Kay Gallagher
Sunday 1-3
$1,390,000
GMAP P*Shark
Prospect Lefferts Gardens
73 Rutland Road
Corcoran
Sunday 12-2:30
$1,390,000
GMAP P*Shark
Are there pictures of the kitchens or baths anywhere for Union Street? Makes me wonder…
8:01, prices are lower than they were a year ago at this time. Last spring/summer the area was hot– 60-something Midwood broke the record for the area and things were flying. The 3 story limestone on Midwood I–that was just resold for 1M a few weeks ago–sold for 1.15M. Houses got prices then that they simply would not be able to get now. Obviously, the entire market is far softer and the economy is tanking. It isn’t really about LM/PLG. But the fact remains that the local market has softened.
Any information about 72 Rutland (prior HOTD)? I saw they substantially dropped their price.
I don’t know if 196 Midwood is in contract, but it isn’t having open houses anymore (after only one or two), so I imagine it is. I think you could get the Maple Street house for around 900-950. Another house on the block sold for the mid nines recently (needing renovation). FWIW, there is a two story on Midwood II that has just gone on the market for the mid 800s (needs renovation). Your better deal might be there.
The market has not softened in LM. Some sellers did aim to high. But there are new arrivals coming to LM constantly. If some unrenovated 2-story houses on Maple II sold for under $900K in recent months (news to me) that’s still more than similar houses sold for previously. That’s not called “softening” if prices are higher than a year or two ago. Values are not yet skyrocketing but that’s okay. It’s to be expected with the much-needed but still lacking amenities on Flatbush. Also the still (relatively) affordable prices are great because it’s bringing people in the arts, media, design, architecture. It’s nice.
Boy, that’s some nasty spam. The PLG house is pretty cool. Kitchen is sort of odd, in that there appears to be a big ole Wolf or Viking 48″ stove there but cheapo cabinets.
Otherwise, the 13th St. house is my pick. Doesn’t seem expensive for a unusual move-in place in that area.
The MKG house is just not attractive, IMO, and I have no idea how to make it so.
7;16, I believe you misunderstood my previous post: I said that the 3 story limestone on Midwood sold for just over 1 million–that is not 196 Midwood. It is on Midwood I, close to Flatbush. (Unless you’re refering to another post, in which case never mind).
I know you’re not asking me, but the answer is that no unrenovated 2 story on Maple II has ever sold for more than low 900’s. Even in the last year some have sold for well under 900K. In my judgement the market has definitely ‘softened’ in LM, so for the house you describe I would stay under 900K.
13th street house is very pretty with a great vibe and I agree people pay a premium for move-in condition. I don’t know anything about that block though.
The Ditmas house is really a $1.8 million house too once renovations are done. None of the new buyers in Ditmas who are spending well over a million will be putting a doctor on the parlor floor and where all the best details are. Hardly. You’ll have to get a new C of O and move the living room and kitchen to the first floor where those rooms belong. Rip out everything on the 2nd floor and make those bedrooms again. Update all mechanicals. Pricey. So then you think where would you rather live for $1.8 million. South Park Slope or Ditmas.
49 Rutland is a stunner. I saw it. Very special house. Unique details. Open layout to the parlor floor like a loft which would be amazing for parties. Priced too high to start which hurt them. The price seems fine now though, somebody should take it.
I’d like to ask Bob Marvin (or anyone else who closely follows PLG) a few questions. 1) is there an accepted offer on 196 Midwood? (someone said there was in an earlier post) The ask was $1.15. I would consider offering $999 but I imagine they can do better. 2) Has an UNRENOVATED 2-story on Maple 2 ever sold for anything close to $1 mill, or just the renovated ones? Given today’s market, how much would someone who WANTS to live on Maple 2 and likes PLG bid on an unrenovated (good mechanicals but needs all new cosmetics, kitchen, etc.) 2-story, with parlor floor–but not bedroom floor–extension. Any advice?
thanks!!