houseWilliamsburg
338 Metropolitan Ave.
Colin M. Cathcart
Sunday, 12-3
$1,380,000
GMAP P*Shark

houseGreenwood Heights
205 18th Street
Brown Harris Stevens
Saturday, 12-2
$950,000
GMAP P*Shark

houseSouth Slope
157 16th Street
Corcoran
Sunday, 2-4
$650,000
GMAP P*Shark

houseGreenpoint
477 Vandervoort Ave.
Douglas Elliman
Sunday, 2:30-3:30
$640,000
GMAP P*Shark


What's Your Take? Leave a Comment

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  1. “The Williamsburg house went for 650k in 2007, 900k in 2008 and is now priced at a reasonable, investment-worthy $1.38m. At it’s current rate of appreciation, it’ll be worth $2.76m next year, $5.8m in 2013 and over $10m in 2014!”

    Hah, you beat me to it. I remember the original listing in 2006 too.

  2. I too am laughing anew at 16th street. I don’t get it either. I don’t mind what it is, but it should be priced for what it is, not twice what it is. Ok, not twice, but it seems at least 25% overpriced. But I guess we will see.

  3. The Williamsburg house is crazy – 16′ wide, two stories plus a cellar (not a basement, a cellar – all below ground). Given the square footage and the lot dimensions, the house has to be about 65′ deep. So it has a lot of square footage for its size, but a lot of that is buried in the middle of the building, no?

    Plus, it sits on one of the busiest intersections of Metropolitan, with massive truck traffic, etc. and at the center of a ton of restaurants/bars/clubs.

    Maybe it works as a development site? (At $333/buildable sf?)

  4. Not really photoshop on the 18th st- it’s a question of the persepctive, which you could achieve in a completely analog fashion. I believe it’s called the ‘ship’s prow’ affect.

  5. or be priced out forever!

    I have to laugh anew at the shack on 16th street. The lot is 345sf, so it is completely impossible to achieve 963sf for the building, even if you count the basement, which you shouldn’t in a residential listing, since it’s not habitable. They are basically asking over $1,200 per habitable sf, overlooking a brown field. I don’t get it at all.

  6. Overpriced? Hardly! You bitter bastards.

    The Williamsburg house went for 650k in 2007, 900k in 2008 and is now priced at a reasonable, investment-worthy $1.38m. At it’s current rate of appreciation, it’ll be worth $2.76m next year, $5.8m in 2013 and over $10m in 2014!

    BUY IT NOW.

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