Stepping Out On FG Park (For Almost $4 Mil!)
Wow. What can you say? A perfectly restored 4-story brownstone on what the ad claims to be the best block in Fort Greene. No one’s going to argue (we don’t think) with what a beauty this house. (Some of you have probably seen it first hand as it was on the house tour this year.)…
Wow. What can you say? A perfectly restored 4-story brownstone on what the ad claims to be the best block in Fort Greene. No one’s going to argue (we don’t think) with what a beauty this house. (Some of you have probably seen it first hand as it was on the house tour this year.) The price of $3.995 million, though, is staggering. Embedded in that price is the bold assertion that Fort Greene is now as desirable as, if not more than, Park Slope or Cobble Hill and that it is safely ahead of Boerum Hill. Granted, the parkside location ads something to the value, but we’re not sure South Portland isn’t a preferable address. 10 South Portland, which we discussed here, is an interesting comparable: It just went into contract this week for $2.65 million (interestingly enough, after being reduced from $3.495 million to $2.495, which in turn sparked a 4-way bidding war. Told ya so!) This Washington Park listing is clearly worth a good deal more than the South Portland one, but the asking price is clearly a Hail Mary. It remains to be seen whether anyone will catch it in the end-zone or whether the seller will have to start over and work the ball down the field the old-fashioned way. (Did that football analogy hold water? Bit of a stretch…)
Update: The address is 181 Washington Park just in from Willoughby.
“On The Park” [Brooklyn Properties] GMAP P*Shark
Why is there no central A/C — the window A/Cs really bother me. Clearly not $4 mil worthy.
I have been in this many times and can attest to the attention to detail, care, and quality of workmanship that went into this house. It is a dream. That said, is it worth $4M? I think so. Where else can you live in Brooklyn that’s as quiet as Washington Park AND directly fronts a 30-acre park? It’s a rare opportunity for those reasons and for the additional reason of not having to put any work (tears, fears, and angst) into it whatsoever.
As for the debate on W.P. and South Portland, W.P. wins everytime!
I have been in this many times and can attest to the attention to detail, care, and quality of workmanship that went into this house. It is a dream. That said, is it worth $4M? I think so. Where else can you live in Brooklyn that’s as quiet as Washington Park AND directly fronts a 30-acre park? It’s a rare opportunity for those reasons and for the additional reason of not having to put any work (tears, fears, and angst) into it whatsoever.
As for the debate on W.P. and South Portland, W.P. wins everytime!
If my husband agreed to live in FG, I’d buy this house for 2.5.
Funny, BrownBomber, comparing this house and the Pfizer mansion also went through my head. I’d go for the Pfizer still, because it needs more work. This is a gorgeous house, and looks to be beautifully and lovingly restored. It really looks like an Important House. The deep pocketed people who go for this are going to get a beautiful showplace.
I love the irony of “best block” and the price, as I remember this block in the 70-80’s when Pratt students were warned not to walk down this block alone. If you live long enough, everything changes. Nowadays it doesn’t even take living that long.
Personally, lovely as is is, and it is droolworthy, it’s too done for me. If I had that kind of money, I’d be more interested in buying a fixer upper that I could put my own spin on, and have the money to restore a wreck to its glory. I can fully understand moving on after a fine restoration as this, although I would stop and enjoy a job well done for at least a couple of years, which I’m sure these people have done.
I’ve been in this house a few times and it is an amazing home with a fantastic restoration. Plus, the block is great (I live on it). Is it worth almost $4 million? Well, that depends on what it means to you. Hopefully, the new owner will get to keep the chandelier.
B&B, I am one who truly prefers FG to the Slope or the Heights. Just so you know…we are out there!
BB (not to be confused with B&B), it seems that every time I finish a restoration project, I move on. Not for any particular reason other than insanity, but it haapens!
Anyway, it’s a beautiful house. The person who buys it will be very lucky. And rich.
Arsenic, I was thinking the exact same thing. Perhaps they want to move on to the next restoration project. If they get their price they should have plenty of money left over!
This house is swoon worthy. I can’t imagine how the owners could part with it after all that work and attention to detail, that went into it. You would think they would want to kick back and enjoy the fruits of their labor.