houseCobble Hill
54 Cheever Place
Brown Harris Stevens
Sunday 12-1:30
$1,800,000
GMAP P*Shark

houseProspect Lefferts Gardens
206 Maple Street
Brown Harris Stevens
Sunday 1:30-3
$1,325,000
GMAP P*Shark

houseBay Ridge
314 89th Street
Jabour Realty
Sunday 1-3
$795,000
GMAP P*Shark

houseBedford Stuyvesant
268 Van Buren Street
Corley RE
Sunday 12:30-2:30
$529,000
GMAP P*Shark


What's Your Take? Leave a Comment

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  1. “There’s fabulous architecture in Detroit too, but some homes there are selling for $25,000.”

    In other words, PLG should be valued less because there are a lot of black people? IS THAT YOUR POINT?

    Bear in mind there are two pricing rationale – an old, racist one, in which home value is impacted by the racial make-up of the neighborhood, and a newer one in which race is less a factor, and diversity is desired. PLG valuation depends greatly on the values of the appraisers/brokers.

  2. Oh wow – I think that home on Maple Street was featured with a ‘kitchen of the Month’ in my favorite home magazine (Traditional Home) about a year ago. I had loved it then and I love it now. Beautiful place.

  3. Bklynista, I agree that it looks beautiful, and maybe deserves a special dispensation comps-wise because of the extremely level of finish. But if a nearly identical house a few doors down sold for $425k less, that’s got to be an indication that this has to come down some no matter how high-end the finishes are. And that other house, 216 Maple, had a very nice reno itself. No two-story in LM has ever gone for near that price, as far as I know. Regardless, since I own in PLG, I of course want this to get the best possible price, but Crunchy Granola’s notion of high vs. low “self-esteem” pricing doesn’t make sense in the current RE market. Merely believing that your house is worth far more than anyone is willing to pay doesn’t strike me as a recipe for a long-term self esteem boost–unless you just like to look at the listing as it sits for a year.

    Anyway, lovely house, lovely block, good luck to them. And I want a kwanzan cherry in my yard now too.

  4. I’m the opposite Dave. My “work from home” days are twice as productive as a day at the office.

    While I might not be “working” the entire time at home, the time spent actually working is much more focused.

  5. “11217, I’m “working from home” today. it’s always less productive than being in the office. Anyone who thinks otherwise is fooling himself.”
    yes, I’ve noticed a dropoff on your commenting today. Too much distraction from the soaps?

  6. The PLG house is owned by the “famous French designer” Caroline Beaupere. I saw it on the 2007 house tour and it is truly an outstanding work of beauty. FLH, I’m normally in total agreement with you, but not on this listing; I just don’t see it as appropriate for valuation as a drive-by, surface comp. In combo with the fact that it’s a Manor house, I’m thinking it should go for $1M+. If it were in Park Slope, it would be listed at way over $1.3, small house and all. Shucks, forget PS. There are apartments on Eastern Parkway and frame houses in the South Slope that are of similar size, not looking nearly as good, and asking more than this. Now, clearly, the market has not agreed to meet the PLG seller’s price to date and, if she’s really in a hurry, she may very well have to make a price concession. But, if she can afford to hold out, I wouldn’t blame her for doing so. That house, yard and block is a true gem of a package.

  7. I used to say I wouldn’t live west of Henry because of the BQE. Doesn’t bother me as much anymore. I bid on a condo at the Arches right off Hicks, and the location of the Cheever Street house doesn’t bother me – I believe the garden backs up to the garden of the house on Hicks that faces the BQE. Unless money is no object – which it is for me – any house or apartment is likely to involve a compromise for me, in this case it would be proximity to Hicks / BQE and distance from the subway.

    Agree with 11217 about the pricing of the PLG house. The pricing is just fine – unless the sellers actually want to SELL the house.

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