Open House Picks
Park Slope 108 Berkeley Place Corcoran Sunday 12:30-2 $2,650,000 GMAP P*Shark Windsor Terrace 1604 10th Avenue Turner Structures Sunday 1-3 $1,775,000 GMAP P*Shark Windsor Terrace 247 Windsor Place Brooklyn Properties Sunday 12-2 $1,250,000 GMAP P*Shark East Flatbush 3325 Farragut Road Fillmore Sunday 1-3 $559,000 GMAP P*Shark

Park Slope
108 Berkeley Place
Corcoran
Sunday 12:30-2
$2,650,000
GMAP P*Shark
Windsor Terrace
1604 10th Avenue
Turner Structures
Sunday 1-3
$1,775,000
GMAP P*Shark
Windsor Terrace
247 Windsor Place
Brooklyn Properties
Sunday 12-2
$1,250,000
GMAP P*Shark
East Flatbush
3325 Farragut Road
Fillmore
Sunday 1-3
$559,000
GMAP P*Shark
ok – WOW – that 10th avenue house is SOOO over-priced – I mean 1.77 are they kidding?
I own on 14th street btwn 6th and 7th and I have a nice 4 story house and wouldn’t DREAM of listing it above 1.3 and I am in park slope – nice block etc etc
I hate baseboard electric too.
And I love the decor of 247 Windsor Place. It’s refreshing, compared to the standard room and board crap. Looks like a real home, where someone made real choices.
East Flatbush house is interesting to compare to Windsor Place (as I assume was the intent) because it shows how much location matters. Which is something we all knew… but in this market the differences can be pretty extreme — basically the same house, a third of the price.
the snobs on this blog continue to amaze me
windsor terrace is a nice hood, these prices are pretty reasonable.
Why are Frank and Estelle Costanza leaving 247 Windsor Place?
I hate to disappoint you ks800, but I was planning on bidding on 225 Windsor Place in March, but was told there were multiple bids at or over the asking price of $1.45M immediately after the first OH. I thought the price was pretty crazy then, but the house was done so beautifully that I was willing to make what I thought was a very reasonable offer (not at or above asking). WT prices continue to amaze me.
People are interested in WT generally because it is a less expensive alternative to Park Slope. No matter how nice it gets it is still less convenient and not as attractive locaion-wise as PS. So, people need to remember that when they price these places. Snark Slope, that place is a nice reno. At $1mm, it will go. They won’t even get $1.1 for it.
I saw the Windsor Place house a couple of months ago. It’s in very nice, though dated, condition, but I had a hard time overlooking the view from the front porch of an ugly metal garage door across the street (also didn’t like that the MBR has only a single, tiny closet and that, contrary to what the listing says, there is a door in the MBR that leads not to a terrace but just to the roof of the front porch).
BTW, the $1.49M WT house Bette links to came down from $1.55M when first listed as a FSBO a few weeks ago. It’s right next door to a house listed by Corcoran late last winter that was priced at $999K.
Here’s another overpriced one on Windsor Place:
– http://www.warrenlewis.com/6333.html
It’s nice modern reno, but the price is $1.45m for an itsybitsy house. It’s been on the market for months.
Park slope is a two BR duplex that would rent for no more than $5000. But to own it you need to spend $11-12,000 per month in interest, taxes/maintenance and lost income on your downpayment.
If it depreciates by 30% in the next two years, which would still leave it overpriced, that adds an extra $33,000 per month in lost equity.
Why does buying this make sense?