House of the Day: 520 11th Street
Did anyone make it to the open house at 520 11th Street last weekend? The three-story brick house has lots of character on the inside but it is only three stories and not in the ritziest part of Park Slope. As a result, we’re hard pressed to see how anyone’s going to cough up the…
Did anyone make it to the open house at 520 11th Street last weekend? The three-story brick house has lots of character on the inside but it is only three stories and not in the ritziest part of Park Slope. As a result, we’re hard pressed to see how anyone’s going to cough up the $2,250,000 asking price for this baby. Waddya think?
520 11th Street [NYT FSBO] GMAP P*Shark
Photo by Kate Leonova for PropertyShark
1 year later. Guess what, house now listed w/ a broker, at 1.65 Million, and still no takers. maybe it’ll be delisted soon as sellers grow weary with despair.
Real Estate Bubble, What Real Estate Bubble?
“In Park Slope it’s about three times what it was 10-15 years ago. In some of these fringe hoods, it’s been more like 8-10 times. Those are the places that are in severe need of a correction.”
How does the mere fact there’s been a quick appreciation in value mean there is a “severe need of a correction”? How does that become automatic?
Face the truth: as long as Park Slope prices keep going up, the “fringe” areas will benefit. Like if people look and see they have to spend $2.5 million (including renovations) on a dump just to get into South Slope. Hmmm. Might not seem worth it to lots of people. They’re moving on to other neighborhoods.
9:50 = Nokilissa
Isn’t the koi pond a health risk?
9:50, you just made my morning.
9.50 – but we’re not 15 and we’re not in school.
sh..t is a disgusting word. I have no idea why some people use it so much.
Farm trout in that koi pond and sell them to Applewood to help meet the mortgage.
Nokilissa, you’re right about this house and there is no reason at all to defend yourself against small-minded trolls. This house – which is the subject of this particular thread, last I checked – is laughably overpriced by a figure you named in a well-reasoned, thoughtful post early in the thread. People who have seen it, who’ve looked at the comps, and who have experience with both the owners and the block agree, and nobody in their right mind would use the phrase “cool as sh**” as a putdown unless they wanted to be pushed to the ground in the schoolyard and have their lunch money stolen. Drink your wine and enjoy your informed, correct opinion, and let the trolls sip from their juice boxes in their mom’s basement.
And that koi pond is still the silliest “feature” I’ve seen in a HOTD in a long while.