housePark Slope
586 4th Street
Corcoran
Sunday 2:30-4
$2,599,999
GMAP P*Shark

houseCarroll Gardens
356 President Street
Century 21
Sunday1-3
$1,749,000
GMAP P*Shark

houseBedford Stuyvesant
484 Monroe Street
Fillmore
Sunday1-3
$559,000
GMAP P*Shark

houseBrooklyn College
1605 New York Avenue
Mary Kay Gallagher
Sunday2-3
$469,000
GMAP P*Shark


What's Your Take? Leave a Comment

  1. I would argue that the wood frame houses in Ditmas Park Proper, Prospect Park South, and the other Victorian Flatbush neighborhoods are desirable to many… Hence the huge price jumps over the past 5-10 years… I think it’s the neighborhood, East Flatbush, that is less than desirable.

  2. I wonder just how much infrastructure work the New York Ave. house needs. I’m guessing a lot–and also that it’s not appealing to a lot of people as a 2-family. It could easily be a money pit, or it could be a place to live as you restore/renovate it piecemeal.

    Also, you’re an hour from midtown Manhattan — maybe shorter, sometimes, but you still have to walk to and from the subway. A plus is you’re half an hour on the bus to the beach at Riis park or Belle Harbor.

    It’s sort of odd that wood-frame homes like this haven’t really caught fire in Brooklyn–if you look at SF, Seattle, Portland (both of them), Boston and Cambridge, they are really desirable. But not here. Maybe it’s because neighborhoods like E. Flatbush have been so chopped up by piecmeal development that they don’t really feel unified.

  3. SnarkSlope does make the point very clearly… folks like 11217 are the *cause* of the housing bubble. Simple as that. If you say something is “worth” $3 million when it is really a $1 million home (at best), then that’s where the problem comes from.

    We’re all responsible for many aspects of the economy… but the worst of all are the folks that are willing to pay the crazy inflated prices, promote the crazy unsustainable prices and, finally, sell their property for absurd profits. 11217 and MOST people that visit this website are on this list.

    I do not count myself as one of these. I actually am enjoying a bit of the ol’ shadenfreude watching this mess.

  4. 4th Street: 400K down in 5 months. It tells us something, NYC is not immune to real-estate crashes. 11217…not true, prices coming down doesn’t mean more people interested. It just mean prices coming down…in this market, perhaps realtors should start to realize that buyers are not dumb and ready to cough it up and perhaps are just smart enough to wait to move to see where the market is going, which is the thing to do right now. Or perhaps that for once the buyers could make the prices go down by not moving at all…let’s get the realtors to cough it up for once!!!

  5. SnarkSlope are you trying to stir trouble? 🙂 We are all entitled to change opinions and back pedal a little bit no?
    That place will need another 10% to 15% reduction in our opinion.