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What’s the highest price for a brownstone in Carroll Gardens to date? The reason we ask is that today’s House of the Day may be a contender. The five-story, 25-by-64-foot house at 79 1st Place has held onto its architectural detail much better than a lot of the places in the neighborhood—at least on some of the floors. It’s not all moldings and marble: Since it’s a five-family, there’s been some fall-out from chopping the place up and some of the rental space doesn’t look quite as nice as the parlor floor. But still, you’re looking at 6,400 square feet in an increasingly desireable location. Is the asking price of $3,950,000 realistic? $700 a foot for a place that’s going to cost more to convert back to a two- or three-family (no single family needs this much space!) seems a little high to us.
79 1st Place [Douglas Elliman] GMAP P*Shark


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  1. Oh man, I LIKE modern interiors but that Henry St reno is cold. And enjoy the construction noise on weekdays for at least another year (backs on Strong Place Church future condos!)

  2. I love Carroll Gardens, I used to live their years ago. The only sad thing is that a lot of the exterior (and often interior) historical detail of the buildings has often been stripped in past efforts to maintain the buildings. I never noticed this so much until I moved to FG and Clinton Hill. In FG/CH, that was primarily because the area became quite poor pre landmarking so little maintenance was done that would have potentially removed lintels, plasterwork etc.

    CG is great though. Just an observation.

  3. Carroll Gardens seems like the hottest area right now. I can see why with Ps 58 becoming a great school up there with 321 and 29 , i do not see why they cant get close to the asking price. What i have noticed about the area of carroll gardens and Cobble Hill is the friendly people and the area feeling like a real brooklyn neighborhood. Just my take on things, but over the long run i think this area will be worth it .

  4. I think this block is one of the most beautiful in Carrol Gardens. The houses although big, are all similar size, so you don’t have the feeeling that any are out of place.

    As for the price, I am amazed at everything in Brooklyn. Two years ago, everyone said the market was slowing down, well apparently that was just a hiccup, because it seems that prices just went up again. and this occurred despite great increases in interest rates and a slowing economy. I can’t afford it, but not everyone should be able. Nonetheless, I suspect that many of these prices are being sustained by European buyers who are taking advantage of the weak dollar. Maybe prices will change when a democrat takes office and Bush’s monetary policy of devaluing the dollar is scrapped. But then again, who knows, I thin Browstones should sell for $10 million, they are beautiful and unique, who cares if no one that actually lives in the City can afford them.

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