Open House Picks: Six Months Later
Comment: Seriously reduced selling prices on Berkeley and Warren! Open House Picks 9/12/08 [Brownstoner] Previous Six Months Later Posts [Brownstoner]

Comment: Seriously reduced selling prices on Berkeley and Warren!
Open House Picks 9/12/08 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
HOBOKEN…what happened to the $800,000 price??? Huh??? Huh???? Huh????
If One million can buy a place in Cobble Hill I think I can get my home IN BH.for a 1 million sooon enough.
Warren definitely gut job as it is being done now. and I mean real gut not what some folks here think of as gut.
Probably estate sale and heirs were in hurry for money.
Well then in that case, 108 is 5000 sf, in which case I do not believe 2.4 is all that excessive for a house of that size on that block given comps at that time.
BUT…if we are going down that route, they overpaid, yes. As did every other person in the United States who bought property in the last 2-5 years, so I guess we can agree.
I know what your point was, 11217. (I still think, however, after having seen both houses, that 108 Berkeley buyer overpaid. That is just my opinion, on a website where everyone has an opinion on real estate.) However, I’m stating that Property Shark does not count garden level in their square foot calculation, hence your final figures of price psf are inaccurate.
Did anyone go to the 108 Berkeley open house? There was a hilarious teeny tiny little toilet at the back of the parlor level, just off the kitchen and at the top of the basement stairs. It was clearly meant to be a grown-up toilet but the space was ridiculously small so they must have gotten the smallest little toilet that one can buy. It looked like a little toy. It was almost like a permanent kiddie potty.
I do appreciate 11217’s point about the difference in size between the properties, but I am still astonished that anyone was convinced to pay that much for 108.
I can’t imagine they are much larger, BK14, but that wasn’t my point.
My point was that 108 and 150 are much more similar in price per square foot than Lechacal alluded to.
11217, if you’re getting your square footage numbers from Property Shark, they’re wrong. Property Shark does not count the garden level in townhouses. So both houses are larger than the stated square feet, and hence, cheaper than the psf prices you quoted.
11217: OK, point taken.