Overpricing Not Working in Carroll Gardens
“What the heck is going on in Carroll Gardens?” we asked back in January. Our question was prompted by a rash of ridiculously priced townhouses in the area. Well, since then, three out of the four houses we looked at that day woke up to reality and one is still clinging to its delusions of…
“What the heck is going on in Carroll Gardens?” we asked back in January. Our question was prompted by a rash of ridiculously priced townhouses in the area. Well, since then, three out of the four houses we looked at that day woke up to reality and one is still clinging to its delusions of grandeur. 329 President has since been reduced by $605,000 and 78 3rd Place by $795,000; 44 1st Place, the nicest and biggest of the batch, appears to be off the market.
What the Heck Is Going On in CG? [Brownstoner] GMAP
HOTD: 40 2nd Place [Brownstoner]
HOTD: 78 3rd Place [Brownstoner]
HOTD: 44 1st Place [Brownstoner]
How do we know some of these inital prices weren’t the seller’s price. There have been homes in the area that have sold in the low $3M to mid $3M area. COuld be a case my house is as good as those houses when it really isn’t.
what so evil about corcoran? if thier stock is too pricy for you… just go to foxtons or beg the owner on the side for a break.
None of these will sell for over $2.5m. Carroll Gardens just isn’t worth that kind of dough. People look to Carroll Gardens for relative bargains, but the $3m townhouse set just isn’t going to buy anything that far south of Brooklyn Heights or West of 6th Avenue.
Everyone here is full of it.
There is no 11:38.
11:38…I think you’re full of it.
2nd place got reduced to 2.7, i guess as of this AM. not much of a chop if you ask me. we went to see it when it came on, it’s very nice but still seems overpriced on a psf basis given how narrow it is (they try to sell it as having more usable space given no interior support walls). the bathrooms are super mod but super tiny. it’s been on the market for a while now.
Sorry mistake. House was 136 Summitt street $2,094,000 sold. 1/28/2008
If you check the Brownstoner recent sales in Carroll Gardens there have been a few sales that have gone way over asking price. 29 2nd street went for $170k over asking. 277 President street went for 2,050,000 and it is a complete Gut job.So although Corcoran Is the Evil Empire I think Higher Prices In Carroll Gardens and Cobble Hill are the Norm.