housePark Slope
380 9th Street
Brown Harris Stevens
Sunday 2:30-4
$1,950,000
GMAP P*Shark

houseDitmas Park
301 Rugby Road
Brooklyn Dwellings
Sunday 12-2
$1,149,000
GMAP P*Shark

houseClinton Hill
52A Lefferts Place
Corcoran
Sunday 2:30-3:30
$999,000
GMAP P*Shark

houseStuyvesant Heights
241 Decatur Street
Corley RE
Saturday 1-3
$659,000
GMAP P*Shark


What's Your Take? Leave a Comment

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  1. Mopar, why are you looking at the decatur place? thought you were in contract on that other place (ie the one I was telling you to not buy till they dropped instead of increased the price)

  2. We visited 241 Decatur about 18 months ago (the asking at that time was over $800k) and sadly the house is in really rough shape, at least cosmetically, with no or very little detail left. Even with points for being on one of the nicest blocks in the area it’s still too expensive.
    Mopar, have you seen 148 Bainbridge St (listed w Fillmore)? It’s lot more money (asking 850, I think) but 10 times the house.

  3. I am drooling over the details in the Clinton Hill house. But the layout in the floor plan looks like a nightmare. We have seen so many places like this, but the whole “use the parlor as the bedroom” just doesn’t work.

  4. But mopar, I think the families who can afford this price level (and we’re among them, though we have now lowered our budget to be more conservative) are clearly demanding better value, which is why a number of houses like this – even in prime areas – are sitting and enduring death by small price trims, and still lingering, instead of just pricing competitively to begin with.

  5. The other thing that kills me about 9th Street is that current owners paid $1,190,000 in 2004 and evidently there was already renovation done at that time, so there is no way they spent very much additionally on the house. The rental unit is evidently getting $1,850 per month. I’m seeing other houses like this, overpriced, bought a few short years ago for almost half the price, lingering (see 458 2nd street, for example). Get real, sellers.

  6. ‘Course, only 43 brownstones changed hands in all of Northwest Brooklyn last quarter. So they only need to find 8 or 10 or so rich families who really want to live in Park Slope and can put down $750,000 or $1.3 million in cash.

    (But think of the money they will save by sending their kids to public school and shopping at the Coop.)

    It’s actually not that difficult to imagine there are a dozen or so families buying at these prices every year in Park Slope. Like that Google guy (well, that was more). Lots of competition in New York, I guess.

  7. Oh my, 9th St. is pretty. I guess I like the way the furniture fits with the layout. But obviously you’re not buying the furniture.

    So let’s see — with 25 percent down, that’d be only, um, $16,000 a month! Or something like that. But I imagine the “high income” rental on the first floor will offset that.

    Miss Muffet, what are they currently getting for the first-floor rental? $10 billion? Is that in dollars or pounds sterling?

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