Condo of the Day: Fourth Cut at 302 Washington Avenue
Where’s the floor on the last remaining unit at 302 Washington Avenue? The three-bedroom lower duplex started out at $1,325,000 back in April where it stayed for six months until the reductions started kicking: The price was cut to $1,275,000 in October, $1,199,000 in November, $1,075,000 in late January. On Friday, the price fell into…
Where’s the floor on the last remaining unit at 302 Washington Avenue? The three-bedroom lower duplex started out at $1,325,000 back in April where it stayed for six months until the reductions started kicking: The price was cut to $1,275,000 in October, $1,199,000 in November, $1,075,000 in late January. On Friday, the price fell into the six-figure range. Think anyone will step up at the new ask of $999,000?
302 Washington Avenue [Brown Harris Stevens] GMAP
That Pesky Last Unit at 302 Washington [Brownstoner]
Condo of the Day: 302 Washington Avenue [Brownstoner]
“If a 3BR duplex can’t sell in Clinton Hill for $999K then houses in which the owner has just a duplex and rents out the other floor, should not be selling for $1.5 million and higher like those houses do. A one-floor rental apartment in Clinton Hill isn’t worth $500K to a million all by itself. It’s funny math.”
Brooklyn Brownstone ‘Da Vinci Code’ broken.
You own jack shit. 400- 500k houses? its 2008 not 1996. keep saving you’ll get there!
not priced out. own in park slope, thanks.
“It’s a GREAT neighborhood if houses sold for 400-500K and co-ops for 150k-200K. ”
3:39 it’s still a great neighborhood too bad you’re priced out. You snooze you lose.
But what if you are racist 8:44? Is there a neighborhood that caters to them?
It should be $450 a square foot, which is a reasonable price considering the comps.
So tired of us home buyers having to suffer the Doom and Gloom prophecies generated by a bunch of cretins investing money in homes they would never step foot in. So the real estate market is collapsing. THANK GOD FOR THAT. It was a lie all along. Every time I heard of someone buying a home in Phoenix or Vegas, I kept thinking: you’re gonna destroy this country with this wasteful boom — constructing buildings for NO ONE to live in, just for you to hopefully get rich selling; all that wasted material, all that wasted land, for what. So I believe we are getting what we deserve for being the typical combination of stupid, greedy, lazy, gullible americans.
And if my home doesn’t go up in value but down because of those assholes out there, I COULD GIVE A FUCK.
I worked my ass off for the money I invested into my home. MY home, not some fake home for some fake money. And I’m damn proud of MY home, proud of the years I have to live in it, proud of my neighborhood, in its hard-earned wealth as well as its hard-fought struggles with poverty.
If you can get this place down to $450, it’s a lot of space for a young family. It’s a safe area that’s awesome for kids (if you’re not racist, of course).
Inflated neighborhood, came up fast? What the fuck are some of you saying. Bought my home here in the ’80’s. Took more considerable time to come up than Williamsburgh, DUMBO, Redhook, I mean Brownstoner how old are your contributors 19?
Never heard of Manhattan
-Clinton HIll Resident
Whoa, easy, some of youse—Clinton Hill is a really great neighborhood. You don’t like it, live someplace else. We here in CH don’t give a shit.
Rock on, guest 3:24. Thanks for a great and honest glimpse.
3:31: Um, dumbass, Clinton Hill and Fort Greene are the same neighborhood. They’re each about six blocks wide, and completely interconnected.
3:12, you’re clueless. Comparing Clinton Hill to Cleveland, Detroit, and Baltimore is ridiculous. Those cities have been screwed for decades. You should add Bridgeport to the list. And the foreclosures in Bed-Stuy, or any other nabe that’s fighting its way back from decay, is obviously going to be high in a sub-prime crisis. CH was a disaster in the 40s-50s-60s-70s, but has been recovering every year since. Today, a brownstone that cost 30K in 1970 is worth upwards of two million. That may dip, plunge, resurge, whatever. Nabe is stable, diverse safe, fun, and has gorgeous architecture that (thank god) is protected by the LPC.
But I’ve been to an open house at this condo at 302 Washington, and the price, layout and finishes are really problematic. Worse, half of the home is in the basement, next to a corner that features a DeKalb Ave. bus stop. It’s really loud. Yeah, it will sell to somebody, someday, who needs the space and can handle the rumblings. I’m guessing another price cut or two.