Open House Picks
Park Slope 451 6th Street Corcoran Sunday 12-2 $2,829,000 GMAP P*Shark Prospect Park South 169 Westminster Road Archive! Mary Kay Gallagher Sunday 1-3 $1,350,000 GMAP P*Shark Bedford Stuyvesant 238 Gates Avenue Brown Harris Stevens Sunday 1-3 $1,350,000 GMAP P*Shark Clinton Hill 96 St. James Place Corcoran Sunday 12-2 $1,200,000 GMAP P*Shark
Park Slope
451 6th Street
Corcoran
Sunday 12-2
$2,829,000
GMAP P*Shark
Prospect Park South
169 Westminster Road Archive!
Mary Kay Gallagher
Sunday 1-3
$1,350,000
GMAP P*Shark
Bedford Stuyvesant
238 Gates Avenue
Brown Harris Stevens
Sunday 1-3
$1,350,000
GMAP P*Shark
Clinton Hill
96 St. James Place
Corcoran
Sunday 12-2
$1,200,000
GMAP P*Shark
St James Pl is a scary street. I was there last week to check out the neighborhood to lived and very quickly realized that is definitely not a place I would want to be at night. I am not a rich trust fund kid with lots of money but I could not see myself live there.
I will not say if the place is overpriced or not but do know that for $1.3m, I would hope to have some amenities. There were none right there. Is this Clinton Hill or some broker’s wishful thinking.
Anyway, this looked for Bed Stuy. to me. I am a single woman and would never walk around there after sundown.
For $1.3m, I will get something a little bit smaller in a neighborhood not so scary.
St James Pl is a scary street. I was there last week to check out the neighborhood to lived and very quickly realized that is definitely not a place I would want to be at night. I am not a rich trust fund kid with lots of money but I could not see myself live there.
I will not say if the place is overpriced or not but do know that for $1.3m, I would hope to have some amenities. There were none right there. Is this Clinton Hill or some broker’s wishful thinking.
Anyway, this looked for Bed Stuy. to me. I am a single woman and would never walk around there after sundown.
For $1.3m, I will get something a little bit smaller in a neighborhood not so scary.
The house on 5th St. isn’t really a good comp to the neighboring 6th St. one. The 5th St. is an estate sale and previously had a lot of rental units, so it needs lots of fixing up, and I think there may be something wonky about its basic layout/outdoor space. Also, while 5th btw. 6th and 7th is a great block, that house is a little too close to 7th ave. and the hubbub from John Jay & etc.
The 6th st. house is nicely renovated w/ lots of detail, has a great yard and is farther down the block, so it feels relatively more serene.
I don’t know if it’s overpriced or not, but if you’ve seen both houses, there’s a big difference.
Did anyone else notice that the little frame house on 13th btw. 5th and 6th that was going for 1.895 m. wasn’t in the brokers’ real estate listings this week, after two weeks on the market? Warren Lewis and one other firm had it, and neither had it in their NY Times Real Estate ad. ??
8:59 you want a cystal ball? Bear Stearns, Manhattan inventory and Credit Crunch. The housing market is the back part of the rollercoaster. Great time to sell
Well, there’s a house on 5th St bet 6/7 that’s significantly bigger, priced at 2.2 and no one is biting – it’s been just sitting for months. Granted it needs more renovation, but on a price per sf basis it’s probably a relevant comp and it’s basically almost the exact same location (same school, only one block away, both 5th and 6th bet 6/7 Ave are equally nice). So I do think this 6th St price is way over priced. Also, in response to 10:53, no, townhouses have not tripled since 2001 and so if there’s a comp for a million on this block from 2001 that was comparable in size/condition, that’s another indication that this house is currently overpriced. Will townhouses come down? No one has a crystal ball, but the lending tightening and seeping recession/NYC market slowdown inevitably will have some effect on the entire market…
It’s not a reason not to buy – just to buy from someone who really needs to actually sell – they will come down to what is a market price if they need to unload the place, eventually, sooner or later, depending on their financial situation.
And if most buyers are staying out because prices are too high, then by the supply-demand rule, the market price for those who really do need to sell should come down more. I think it would be a great time to pick up a house if you are patient.
I don’t know the right price for 6th street but I do think incorrect to say most houses are between $1.9 and $2.2. They are certainly more than that.
6th street is great block and it is good sized house.
Yes Sir/Mam @ 9:02. Falling knives. Why catch?
Has anyone seen the new Corcoran 2nd Street listing for $3.995??? I think it’s next door to 590 2nd Street, the Brown Harris Stevens listing for $2.995 that’s been on the market for a while.