Open House Picks
Clinton Hill 298 Lafayette Avenue Douglas Elliman Sunday 12-2 $1,995,000 GMAP P*Shark Boerum Hill 80 Hoyt Street FSBO Sunday 12:30-3:30 $1,780,000 GMAP P*Shark Park Slope 566 10th Street Brooklyn Properties Sat & Sun, 1-3 $1,499,000 GMAP P*Shark Park Slope 664 Degraw Street Corcoran Sunday 2:30-4 $1,395,000 GMAP P*Shark

Clinton Hill
298 Lafayette Avenue
Douglas Elliman
Sunday 12-2
$1,995,000
GMAP P*Shark
Boerum Hill
80 Hoyt Street
FSBO
Sunday 12:30-3:30
$1,780,000
GMAP P*Shark
Park Slope
566 10th Street
Brooklyn Properties
Sat & Sun, 1-3
$1,499,000
GMAP P*Shark
Park Slope
664 Degraw Street
Corcoran
Sunday 2:30-4
$1,395,000
GMAP P*Shark
Re: health of housing market – NYC traditionally lags the country in housing problems. Prices have skyrocketed in recent years and are NOT going up right now. I would still be in no rush to buy. Not saying things will crash, nor am I predicting armageddon a la What. But I see sellers making deals and I’m patient enough to wait for the right property at a price that is not insane, as is case of all of today’s picks.
The Hoyt Street house is a small yard due to (1) a smaller lot of only 75 or 80 feet deep, and (2)it has a 8 to 10 foot deep two story extension on the back. I can see the deck from my place, and it looks very nice for the upper duplex. I don’t understand how that unit can only have two bedrooms (plus den) — I would have figured two large bedrooms plus a small bedroom.
And whoever was talking about projects does not know what they are talking about. The only problem with this location are (a) may be too close to Atlantic Avenue for some people who don’t like hearing trucks, etc., and (b) the crowd and music at Kili tends to be loud on weekend late nights when they spill outside to smoke or otherwise leave the door open.
Given that there are some piece of junk looking places down Hoyt near Dean asking 2.5, this place is certainly competitively priced or at most very slightly overpriced. (And certainly I don’t see any downside to being on the north side of Atlantic — 20′ and over townhouses on State are all selling at or above $2 million unless they are in need of complete renovations. And the new 14 townhouses around the corner on State between Hoyt and Smith, went for over $2.6 or 2.7 each)
Better buy now!!
Looks like things are not the doom and gloom that The What was praying for!
That’ll teach you for listening to a middle aged know-nothing broker from Lodi, New Jersey…
NYTIMES MAY 16, 2008
The Treasury secretary, Henry M. Paulson Jr., delivered a guardedly optimistic message to business leaders on Friday, saying that the economy was moving toward a rebound after months of malaise.
“We are still working through housing and capital markets issues, and expect to be doing so for some time,†he said in remarks at a Washington Post conference. “We also expect to see a faster pace of economic growth before the end of the year.â€
New-home construction increased 8.2 percent in April, offering signs of life in a deeply troubled sector, the Commerce Department reported on Friday
Housing starts rose to a seasonally adjusted annual rate of 1.032 million. Construction of multifamily units surged 36 percent, compared with a 35 percent drop in March, a huge swing — and an average one in recent months, the agency said the agency said in a report..
“2:44 PM”
nice call!
they’re a visitor because they moved here and then realized they cant afford to stay.
Went to the first open house at Degraw.
Its no bargin.
The 3rd bedroom is the size of a California closet.
The kitchen is kind weird and the rest feels very narrow
notice the “dc visitor” is reading and posting on brownstoner.
anyone here in brooklyn reading http://www.dupontcircle.com ?
didn’t think so.
I just did a quick search of real estate in DC, and not only are there about 20,000 listings on the market, but they are all expensive and the neighborhoods are, for the most part, similar to Bed Stuy in terms of crime.
DC is a cesspool.
I wouldn’t live there if you paid me double.