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This is getting weird. Despite a softening market all around, there’s been a rash of new listings in Carroll Gardens that have defied all logic and precedent. Starting with 44 1st Place (which in retrospect is probably the best deal of the lot) for $3,842,500, they’ve just kept coming: A 3,100-square-foot house at 78 3rd Place for $3,495,000? A 16-foot-wide one at 40 2nd Place for $2,800,000? And now a three-story house at 329 President Street for a $3,600,000? What is going on here? One common denominator: Corcoran is the listing agent on all these places except for 1st Place. Coincidence or conspiracy?
329 President Street [Corcoran] GMAP
HOTD: 40 2nd Place [Brownstoner]
HOTD: 78 3rd Place [Brownstoner]
HOTD: 44 1st Place [Brownstoner]


What's Your Take? Leave a Comment

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  1. I’m Not the listing broker of any of these overpriced CG houses, cause I’m not a broker. I can price these houses. I’ll provide comparable prices and advise the seller what the asking price should be. And if they (seller) sets the house at a higher price, more outrageous than what I think, Why not, it’s Carrol Gardens, we can ask any price because everything is overpriced. YIPPY, I have a set of keys to multi-million dollar houses. I’m the best!

    7:59pm…you’re doing a disservice to your clients and the real estate market. Shame on you. Shame on all brokers, with this kind of mentality.

  2. CARROLL GARDENS IS TOTALLY OVERRATED. Old school Italiano Mafiaso f***ers running this joint. All Whiteys in this nabe. Like no other Brooklyn neighborhood. Completely whitebread. What’s up with that?!

  3. Carroll Gardens is a nice neighborhood with great Italian bakeries, stores, food — I always liked going there to buy ravoli, Italian cookies and go to the movies. These prices however are totally off the market, off the wall. It is Corcoran’s MO to overprice, let the property languish and then slash prices as it gets increasingly distressed, in my opinion a real disservice to sellers. THese prices are thoughly off the wall however.

  4. I’m trying to figure out what countries Cobble Hill, Boerum Hill, Fort Greene, Prospect Heights and Clinton Hill are in your analogy. And Red Hook and Bed Stuy. And what it means that brokers (I presume) last year created an alliance of 3 into BoCoCa – will the alliance hold? (I hope not, as I absolutely hate the name … all that comes out when you try to say it is caca, and those ‘hoods deserve better than that.)

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