Open House Picks
Carroll Gardens 415 Sackett Street Douglas Elliman *****CANCELLED***** $2,250,000 GMAP P*Shark Prospect Heights 287 Park Place Corcoran Sunday 2-4 $2,195,000 GMAP P*Shark Fort Greene 305 Cumberland Street Brown Harris Stevens Sunday 1-3 $1,995,000 GMAP P*Shark Clinton Hill 186 Washington Avenue Aguayo & Huebener Sunday 12-4 $1,739,000 GMAP P*Shark
Carroll Gardens
415 Sackett Street
Douglas Elliman
*****CANCELLED*****
$2,250,000
GMAP P*Shark
Prospect Heights
287 Park Place
Corcoran
Sunday 2-4
$2,195,000
GMAP P*Shark
Fort Greene
305 Cumberland Street
Brown Harris Stevens
Sunday 1-3
$1,995,000
GMAP P*Shark
Clinton Hill
186 Washington Avenue
Aguayo & Huebener
Sunday 12-4
$1,739,000
GMAP P*Shark
Just shuddup and pay your property taxes.
4.09 – 20K down the drain, just threw it away. Plus all that interest you pay just for the honor of borrowing money. All that money down the drain.
Jeeze.
I bought my 2 million dollar brownstone with the cash I made from my 2 bedroom on 85th and West End.
And still had enough to buy a new wardrobe, a Prius and a trip to Dubai with the rest.
Lovemylife.
3:38 – the difference between now and 2005, 2006, 2007 is economic fundamentals – the kind of volatility/uncertainty that exists in the broader financial markets now is very different than in the past few years. As for 2001, that was a freak occurrence. Prices dipped briefly (I know, I bought then) but NYC was steered so well by Bloomberg that the city became tremendously attractive. Now, there is also the uncertainty of who will succeed Bloomberg (and believe me, I wish he could serve another term!) Of course, no one has a crystal ball, but everything always has an element of risk – whether it’s buying high, not selling high, etc. Ultimately, each person has to do what’s right for them. I chose to sell very recently and rent (mainly due to school needs) but truly, there is a shift these days in the climate of many buyers that even brokers are conceding. I am actively looking and hope to plough back my sale profits into a home in the next year or so (and not “wait by the sidelines” endlessly) but I just don’t buy the arguments made on this list sometimes that the market can only go up endlessly. I also understand how those hoping for a complete crash are unlikely to be right. But really, a 10-20% decline would be a drop in the bucket compared to recent gains, but would make a very real difference in the pocketbooks of many prospective buyers, and I think that’s what is giving so many buyers pause these days.
4:09, that’s fascinating, but 3:57 specifically said he bought a HOUSE with a MORTGAGE at ONE MILLION DOLLARS. All of those factors involve known fee rates (mansion tax, mortgage recording tax) or unavoidable, standarized fees (title insurance). You didn’t volunteer what you bought but it’s a safe bet not similar to 3:57.
Seems no matter what the subject, everyone wants to talk about Park Slope more than any other neighborhood. Even the non Park Slopers…
Interesting…no wonder they are shooting that new show there.
On the next block from the Park Place house there is another Corcoran listing for sale for $1,799,000. It looks like it needs work but has a lot of the details. Has anyone seen it?
3:54: “The commute to midtown is fine on the F but it isn’t all that easy to midtown.” I don’t get your comment..it’s fine but it’s not easy? I take the F train to work everyday (Carroll St station) and have been for decades. I boarded the train this morning at 7:45 am, got off at Rock Center (where I work) at 8:10 am. I agree with the rest of your post.
I am an idiot and read brownstoner and think I know the market by a bunch of pictures and bad broker descriptions. I am an idiot.