houseFort Greene
22 South Portland Avenue
Aguayo & Huebener
Sunday 2-3:30
$2,575,000
GMAP P*Shark

houseSouth Slope
443 11th Street
Betancourt
Sunday 1-3
$1,375,000
GMAP P*Shark

houseSouth Slope
209 14th Street
Brownstone Homes
Sunday 1-3
$1,195,000
GMAP P*Shark

houseBedford Stuyvesant
434 Bainbridge Street
Brooklyn Properties
Sat & Sun 2:30-4
$639,000
GMAP P*Shark


What's Your Take? Leave a Comment

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  1. BHO, if it will make you feel better, I’m not feeling the 14th St. house at that price either, and I live less than 2 blocks away. I’ve never even noticed the house before and I walk by it all the time. I even missed it this morning after knowing about it. I just don’t think the comps are there for it right now. My comp would be 353A 14th Street, which closed last month at $1.25 m, on a nicer block, much closer to the park, and with more square footage. $1-1.1m, tops is my guess. Shall we meet up in 6 months to discuss?

  2. NY real estate mania is once again upon us. It is understandable, but nevertheless senseless. And the only real beneficiaries are the corrupt brokers. BHO is the only commenter who makes any sense in these pages; alas, no one is listening and this mad, mad world is beginning to spin. But try this: the next time a broker tells you that there are multiple bids, assume 1) that at least one of those bids is low and therefore not serious 2) the other serious buyer is disciplined and therefore will not go beyond a reasonable price point 3) therefore, you should never increase your own bid (even if you really, really want the place). Follow this path, and you will never over pay again. Be smarter about how you spend your hard earned savings. Don’t let your emotions mar your reasoning. Evaluate a property based upon what you think the place is worth, not on what it will take to win the bid. You are being manipulated. And though that is a common enough human predicament, it is your duty to seek the truth.

  3. South Portland-Awesome house, price is a little steep but you never know. Personally I would not pay more than 2 Mil for this house. But again my opinion really makes no difference.

    As for the other 3: Not even comment worthy, all three are over priced. Especially the Bed-Stuy one, its in a horrible location and its a 550k house at most. The other 2 could use 10-20% price cuts.

    Hope that South Portland for close to asking though, that’d be a great sign.

  4. BoerumHill, that wasn’t terribly generous of you…

    The house on South Portland is move-in-able which is already a plus. She put in a very tasteful, mod, high quality kitchen on the parlor floor. The plasterwork in the house is very elaborate and gorgeous. I guess you might want to redo a bathroom but everything that is there is very high quality already so essentially will last for ages.

    A lot of what people object to and want to rip out in a house can come back into style…I’ve lived long enough to see this happen. So, if things are very well built and don’t look too shabby, in 40 years, the look comes back in and you’re all set! 🙂

    Must I point out?: a number of houses have sold for near and over 3 million on South Portland and on Fort Green Park so I can’t imagine this house will not sell for naer it’s asking price. If I were to list their addresses, it might give away my identity (at least to those in the know)! Anyway, most of the readers here are pretty internet savvy so can look that information up themselves.

    And…there are barely any townhouses for sale in Fort Greene in prime locations. We have family friends who’s daughter (and her husband and new baby) are dying to move to Fort Greene and would pay a decent price for a house needing extensive renovation in the right location. They just can’t find anything available. If the right 2 or 3 family in the heart of Fort Greene came on the market for slightly over $1m, maybe up to $1.2, even if it needed major renovations, I think they’d be hard pressed not to make an offer. My impression is they are not alone and there are many young couples who can afford it who might jump at landing a house at that price in Fort Greene.

    I seem to remember that even during the recent troubles, some houses were on the market in Fort Greene for only a short time. Of course, it depends on how much renovations will cost, if a house is renovated if it’s to one’s taste, and very much about location so a house far afield, even at a good price, may sit for a long time.

  5. I have to agree with my doppelganger, Boerum Hill.

    Six years of looking is not bearish.

    Its just chickenshit.

    BHO has no credibility because at the end of the day he is no different than the bitter renter screaming about prices he can never afford. He has no skin in this market, and likely never will. To him arguing with dibs or any other bull is just a strange hobby that passes the time.

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