House of the Day: 60 Montgomery Place
Not that $3,450,000 ain’t a lot of dough, but sometimes it’s a reasonable price to pay for a house and sometimes it’s not. While it’s hard to tell exactly how much restoration work a new owner would have to invest, this house at 60 Montgomery Place in Park Slope has that something special that would…
Not that $3,450,000 ain’t a lot of dough, but sometimes it’s a reasonable price to pay for a house and sometimes it’s not. While it’s hard to tell exactly how much restoration work a new owner would have to invest, this house at 60 Montgomery Place in Park Slope has that something special that would at least get our attention were we in the market to write this kind of check. Currently configured as two duplexes, the house is 70-feet deep on the first three floors and has “large rooms and distinctive details,” according to the Townsley & Gay listing. The sellers have owned the place for close to two decades. Has anyone been inside recently? If you had to put a million bucks into it, think it could still be worth it?
Montgomery Place Mansion [Townsley & Gay] GMAP P*Shark
Has anyone seen this house with the broker?
sorry…he bought it in 1993. Not 97.
12:33: I guarantee you either have your numbers wrong or your landlord got that 400K house as part of some other type of transaction and did not pay full market price back then. I’ve been working in the UWS real estate market for over 20 years, and while yes, prices have risen exponentially, your numbers are off.
Re: Brooklynnative 10:45 PM
“As a fifteen year resident of Park Slope, can someone please explain to me why Montgomoery Place is considered such a great street?”
Read the AIA Guide to NYC. Montgomery has the most varied Victorian architecture of any block in the city. It is gorgeous from that point of view. And since it’s not a through street it is an unusually quiet street to live on.
350k for a home in Lefferts Manor in 1988??
I would have guessed more like 35K.
It was ROUGH back then.
You could have picked up a 4 story brownstone in Park Slope in 1988 for a lot less money than that…
Wow! I bought my place in Lefferts Manor in ’88 for 350K and it was recently apprasied at 999K. I thought I had done well.
My old apartment on the upper west side was in a townhouse….the landlord bought the building in 1997 for 400K and sold it last year for 8 million.
Prices have risen indeed.
i know this is neither here nor there but 25 montgomery was sold a little over 10 years ago for under 400k ……..how insane is that..
and it is a 30+ foot wide…6000+ sq feet
Just think it is crazy how much prices have risen…. where are people getting this money it is not like the salaries have increased similarly
“The world’s biggest bankers said Sunday their greed made them powerless to prevent the train wreck in credit markets, even though they recognized that markets weren’t pricing the risk of subprime default appropriately.”