Open House Picks: Six Months Later
Comment: Lower prices but at least some deals are getting done. Open House Picks 11/14/08 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Lower prices but at least some deals are getting done.
Open House Picks 11/14/08 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
Boerum Hill (State St.) listing is gutted but not renovated, according to the listing. Photos don’t show a gut but rather badly deteriorated baseboard heaters and strangely primed walls.
State st was purchased last in 1977. LisPendens filed last year. Could be elderly person who ended up in nursing home or whatever.
Probably needs major work but someone wants this settled and over quick so will be bargain for whoever is ready to jump. (and ready to do the work).
Oh — Just checked the listing. Boerum Hill is radioactive. Sorry. $600,000.
The Red Hook house is indeed adorable. I wouldn’t mind living there.
Smudge, ssssshhhh. Don’t say Park Slope is “sought after.” Might keep the prices up.
> (1.5 – 1.75)/1.75 x 100% = -14%
> And yet nowhere near half off!!!!!”
Oh good grief. 14% (possibly more) off for a house in one of the most sought-after school districts in one of the most resilient neighborhoods price-wise in the whole city. What do you think that translates to everywhere else?
> The economic numbers have stopped deteriorating.
Clap harder! Clap harder!
infirm, we’re looking for 50 percent discounts off selling prices. Wake me when 1st St. sells for half the price one of its neighbors did.
Dudes, that’s a huge price drop on Boerum Hill. Is the site radioactive?
One that *will* probably end up around half off is 318 1st, on the same side of the same block as 356, essentially the same house (if anything, less desirable, since it’s near the parking lot of the bank on the corner of 5th). I could never understand how 318 was on the market for $1.875 when 356 was asking $1.5.
http://www.streeteasy.com/nyc/house/318-1-street-brooklyn
And if you look, 318 had been listed for $2.3M last fall. So yes, that one will probably go for around a 40-50% price cut (based on $2.3M).
I sniffed around the 1st St. house (it’s very cute). There was some talk of an offer at $1.3M.
Anyway, it’s still not half off (and I still wonder whether I should’ve made an offer on the 1st St. house).
“And yet nowhere near half off!!!!!”
Beautiful snapshot! Was not YET triple in 2000 but was well on the way. We’re still rolling.
“The economic numbers have stopped deteriorating.”
You mean Chrysler and GM are not closing down dealerships afterall?
***Bid half off peak comps***