Open House Picks
Clinton Hill 241 Washington Avenue Aguayo & Huebener Sunday 1-3 $1,995,000 GMAP P*Shark Prospect Heights 187 Sterling Place Corcoran Sunday 1-3 $1,375,000 GMAP P*Shark South Slope 209 18th Street Fillmore Sunday 1-3 $989,000 GMAP P*Shark Bedford Stuyvesant 584A Halsey Street Brooklyn Properties Sunday 2-4 $859,000 GMAP P*Shark Bay Ridge 655 84th Street Jabour Realty Sunday…
Clinton Hill
241 Washington Avenue
Aguayo & Huebener
Sunday 1-3
$1,995,000
GMAP P*Shark
Prospect Heights
187 Sterling Place
Corcoran
Sunday 1-3
$1,375,000
GMAP P*Shark
South Slope
209 18th Street
Fillmore
Sunday 1-3
$989,000
GMAP P*Shark
Bedford Stuyvesant
584A Halsey Street
Brooklyn Properties
Sunday 2-4
$859,000
GMAP P*Shark
Bay Ridge
655 84th Street
Jabour Realty
Sunday 1-3
$659,000
GMAP P*Shark
i am very familiar with the home on halsey very lovely however 859 is very steep. however as high that pricd may sem compare it to the prces of surounding neighborhoods “fort greene, clinton hill etc. Houses here are very comparable. everyday i take the A tra.i and you see this huge influx of people that normally would never dare to live in bedstuynow apart of the community. I believe house pries will drop but not exponentially. it will rebound and thrive in this community and others with these historic homes with massive size. The cost of bulding materials is so immense that it is easy for these older homes are more cost effective than your tradional ” abandoned lot let me build a house” that has been growing in popularity throuhout many neihborhoods. It all comes down to supply and demand and when demand exceeds supply the prices will naturally rise.
I bought my place about a year ago, and every now and then I look at what is on the market to make myself feel like a jerk for buying at the top of the market. But everytime I see something that looks great and cheap, I always find out that the place is only 16 feet wide, or has no garden, or it needs several $100,000 in renovation. And when I stop and do the numbers, I am always surprised to learn that my place is still more affordable than anything out there today. All of this is a long way of saying that although the market may have slowed, from my perspective, it seems as if the prices have not come down yet.
Veggieburger–I certainly didn’t mean to be “disrespectful” with the “ilk” wording. It isn’t always that easy to get the perfect wording when one is trying to type a post in between work.
As for East River Boy’s comments, well it’s true that I haven’t done a thorough search of all records, but I have been looking for about a year and I can see that many houses are selling for less than I THINK they would have a year ago. Can I prove it? No, I can’t. Glad you enjoyed the exclamation points!!!!!!
We’ve seen the Sterling Place house a few times now, and we agree — it’s very overpriced for what it is. It’s a 16′ wide house, and the widest rooms are 14.9′ or so — if you take into account the 6′ for the staircase and corridor, you’re talking about 8.9′ wide rooms in some cases! Plus it needs a decent amount of work as well. Definitely needs another price drop — 1.45 to 1.375 did not do much.
For the record, I am the July 25th 3:45pm poster, and yes, I did mean the Washington Avenue house, not Clinton Ave.
Agreed, it’s a special house. Just wasn’t for me.
choosy mother,
what do you mean by “veggieburger and her/his ilk?” Don’t you think “veggieburger and those who agree with him/her” would be a more respectful way of saying the same thing?
If you have a point, just say it. Rudeness does not make your point of view any more credible.
I’m looking and prices are dropping. How much depends on the area and sanity of the original askings. I’ve seen 50G taken off houses in Boerum Hill, which is fairly negligible all the way to 200K taken off a flipper house in Midwood (Corcoran listing on Rugby). Depending on what you want and where, you can get some great deals right now.
Choosy Mother, your comments do not support a drop in prices, even anecdotally.
A drop in prices means actual sales prices in 2006 are less than actual sales prices in 2005. Your stories are interesting, but do not in any way support such turn of events. There has been no empirical evidence that prices for brownstones have actually dropped as you state. I like your exclamation points though.
I don’t understand how veggieburger and her/his ilk don’t see that prices have already dropped! I’ve been looking for awhile now, and there is no question that things are cheaper. Some places are still going for top dollar, and certainly the low end is moving, but the majority of houses are either sitting on the market for months or selling for less than they would have a year ago. I’ll certainly agree that the market is in flux and that many places are being listed at or are still listed at high prices, but those ones aren’t selling. Every time I see a house, the realtor tells me that the price is ‘negotiable’ and now I have realtors calling me to see I’m interesed in places!! It’s about time!