Open House Picks: Price Cut Edition
Prospect Heights 287 Park Place Corcoran Sunday 2-4 $2,195,000 $1,999,000 GMAP P*Shark Boerum Hill 150 Bond Street CBHK Sunday 12-4 $2,495,000 $2,375,000 $2,295,000 $2,195,000 $2,095,000 $1,995,000 GMAP P*Shark Windsor Terrace 247 Windsor Place Brooklyn Properties Sunday 12-2 $1,250,000 $1,150,000 GMAP P*Shark Victorian Flatbush 2117 Albemarle Terrace Brown Harris Stevens Sunday 2-4:30 $979,000 $945,000 GMAP P*Shark
Prospect Heights
287 Park Place
Corcoran
Sunday 2-4
$2,195,000 $1,999,000
GMAP P*Shark
Boerum Hill
150 Bond Street
CBHK
Sunday 12-4
$2,495,000 $2,375,000 $2,295,000 $2,195,000 $2,095,000 $1,995,000
GMAP P*Shark
Windsor Terrace
247 Windsor Place
Brooklyn Properties
Sunday 12-2
$1,250,000 $1,150,000
GMAP P*Shark
Victorian Flatbush
2117 Albemarle Terrace
Brown Harris Stevens
Sunday 2-4:30
$979,000 $945,000
GMAP P*Shark
Miss Muffet: Didn’t you benefit from the run up? Do you feel bad that you sold your property to someone who is now under water or are you just so painfully selfish and self-centered that you just don’t care?
miss muffett: if you’re really not gleeful, why are you talking about “vindication”? (by the way, i assume you mean its vindication for diehard buyers like you, not the “brokers/owners.”)
oops, as i was typing…
Albemarle Terrace looks like a nice place, though I’d have to see the area. But I don’t think it matters since we purchased a 2 bedroom coop in Park Slope in 2005 and it’s probably not worth what we paid for it and we’d need the money from the sale to put down on the next place. Guess we are going to be hanging out here a while!
Reappointed. What a great eggcorn.
DIBS, aren’t you fed up with everyone using the Precedent as an escape goat?
Yes Sam, while I disagree with your strong stance on the Fort Greene “topper,” I fully EXPECT historic properties to be treated with respect.
Actually, in general… historic or otherwise… I hate cheapness in architecture. Making a loft out of a brownstone is crazy. I don’t mind “non-contextual” design if it has a purpose. e.g., modernist architecture inserted in a historic block etc. What I can’t stand is the crap cinder block and yellow brick veneer vomited all over Brooklyn. Bad design is one thing and forgiveable… But that quick buck developer/builder crap is just cheap building that has nothing to do with design and/or architecture. (And to clarify, inexpensive and cheap are not synonyms. A renovation can be done inexpensively – relatively speaking in this crazy city – but come out great as long as it’s done with purpose and not just a “get it done” sensibility.)
Now, if someone bought the Bond Street place and the inside ended up being “plain.” Well, that’s OK – as long as it doesn’t preclude future “restoration” to an interior more in keeping with it shell. A proper build out of this interior could be a $1 million or more… and take a very long time. So one may want to actually move in somewhat quickly and/or doesn’t have any extra million bucks lying around.
The Prospect Heights house is the pick of the litter. The asking needs to drop though, given the climate, maybe 1.5 or 1.6 will do the trick.
Tyberg, glad to hear you were kidding. Some people buy these great old houses and gut them to make them look like lofts.
I love the ‘crossouts’, also.
Here’s what I think these houses will sell for.
Park Place – 4 more crossouts
Bond Street – 9 more cross outs
Windsor Place – 3 more crossouts
Albermarle – 3 more crossouts
Well, I must say, this is starting to feel like vindication for those diehard brokers/owners who insisted NYC prices could never come down much… and this is just the beginning. While this may sound gleeful, I am actually cautiously hopeful that there will just be a correction (which I would like, since I personally could buy a more affordable property, and others I know can get into the market since they were previously priced out), and not an all-out free-fall collapse (since this could really hurt the city as a whole and as resident of the city, I’d be worried for all of us – think 70s, crime increases, etc.). I do, however, think prices have a lot farther to drop, given the unbelievable run-up of the last decade.
On Bond St, I wonder what position the brick work was “reappointed” to? Community Board maybe?