housePark Slope
144 St. John’s Place
Brown Harris Stevens
Sunday 2-4
$2,495,000
GMAP P*Shark

houseBoerum Hill
130 Dean Street
Prudential Douglas Elliman
Sunday 12-2
$2,100,000
GMAP P*Shark

houseCarroll Gardens
40 Third Place
Corcoran
Sunday 11:30-1
$1,995,000
GMAP P*Shark

houseFort Greene
191 Washington Park
FSBO
Sunday 12-3
$1,900,000
GMAP P*Shark


What's Your Take? Leave a Comment

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  1. Oops, forgot to sign my name at 7:42. Other real estate transactions in FG north of 2 million were 10 South Portland ($2.65 million, 5 storeys, 23′ wide, needs major work) sold this summer, 50 South Portland ($2.3 million, 22 or 23′ wide, 4 storeys, move-in condition) closed this summer, not to mention 1 South Portland, which sold for, I think, $2.85?

    All this to say I think $1.9 is just about right for a 4 storey 20 footer on Fort Greene Park. I just wonder if it will sell to someone who wants the rental income (I doubt it), or someone who will convert to 1 or 2 family. If you put 4-500 thousand into it to convert to, say, an upper triplex with a garden rental, I’d say you’d still be in the right ballpark, price-wise.

  2. To Anonymous 4:11, you say 10 South Oxford sold for 2.35. Are you sure? It was completely gutted this past year for condo conversion and is in the process of getting a new facade. I walk by it many times each day. Knowing the local market well, I really doubt it went for 2.35 million. However, I heard that 27 South Oxford, a lovely 4-storey house across the street, sold for 2.2 on Craigs List this spring.

  3. It all just gets boring on these threads. Obviously, no one knows how the market will play out and whether and how substantial the downturn will be. Why not comment about the houses, their merit, their location? Otherwise, the threads, with all the trolls, just become meaningless. It’s like watching Geraldo Rivera on tv.

  4. I second the motion that what is most interesting about this debate is how irrational it is. People get so attached to their vision– that there is/isn’t a bubble & that it will/won’t pop painfully…

    The people who creep me out, though, are the people who lovingly envision a painful future for others. Like Anon 2:14, with that “sorry, but it’s the truth.” That’s a person who loves delivering bad news so much that he/she has created it to deliver it to strangers.

    Creepy.

  5. I think all of these houses are very over-priced. Think though that some of the doom and gloomers on the site(i.e. anon 3:48 PM “The Wall St. bonus argument didn’t do much this year, and it won’t again,”)need to look at facts. According to Halstead Property’s Brooklyn Townhouse Report for the 1st Half of 2006 the average tonwhouse price (for Boerum Hill/Brooklyn Heights/Carroll Gardens/Cobble Hill/Park Slope) increased by 11% to $1,539,841 while the median increased 8% to $1,350,000. I’d be carefull right now if I was a buyer too. Still have to distinquish between hype and fact.

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