615-3rd-Street-0309.jpgSex doesn’t sell these days—at least not without a price cut or two. The glorious 4,500-square-foot brick-and-limestone house at 615 3rd Street in Park Slope started out asking $3,800,000 back in February (when it got the HOTD treatment) but scaled back its expectations with a $400,000 trim yesterday. What’s it gonna take to get this deal done? If you had this kinda dough, what would you buy right now? GMAP


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  1. “I would buy
    3 million dollar hookers
    or
    6 five hundred thousand dollar hookers
    or
    9 Three hundred and thirty three thousand dollar hookers”

    Triiiiiiiiiiiiiick!!!

    ***Bid half off peak comps***

  2. Nokilissa,

    I appreciate the *genuine* curiousity.

    Actually, I mixed up 567 1st with another house. 567 is actually pretty nice too! Without a visit, I couldn’t say whether it has *nicer bones*.

    Sorry!

  3. I’m curious new2 as to why you think this particular house has great bones in relation to 567 1st, or 555 1st, or 505 1st, each of which had an asking price substantially below this one, even after its hair cut. How are its bones better?

    I actually prefer the layouts of 555 and 505 to this one because in this house the front parlor feels completely closed off from the rest of the floor. And you can’t very easily open up the rear wall of the parlor to join the kitchen/dining area, as you would be destroying what appears to be a gorgeous original built-in cabinet.

    I don’t know. I guess it’s all a matter of taste and living style, but this doesn’t have a sensical master suite option (unless you turned the entire 2nd floor into the master level), has no formal dining room, no powder room, only decorative fireplaces and has a closed off front parlor. Plus, one would need to repaint the entire house. Unless you happen to like drag queen pink and so on.

    Genuinely curious.

  4. This house has beautiful bones. It’s in a different league than 567 1st St.

    You can completely change the house with paint and wallpaper and other surfaces things.

    I hope this house doesn’t go under $3m, for sake of preserving values of comps.

  5. Is it nicer than 555 1st street, or the MASTERPEICE at 897 Union Street? It looks like the price for grand brownstones is settling under the $3M mark. This one certainly has a very unique decorating scheme (ahem), so unless they have the good fortune to find someone with an inner Judy Garland, I don’t think the current owners will be able to get their renovation money back.
    If they bought it for $2,850,000 2 years ago, they would be lucky to get out at the same price, in my opinion.