Sunday, December 18, 2011

Save Your $2 Million: 382A Clinton Street

Fresh out in Carroll Gardens, it's a new member of the no-longer-illustrious $2M club, 382A Clinton Street. While not as embarrassingly mispriced as 137 Adelphi, this simply isn't what we'd spend $2M on. You get 3,000 sqft & all, but at what price? 14' wide & so-so interior ain't cuttin' it at this price, even if it's on Clinton Street & Sackett:

As $2M 3-Family's go, this isn't even the best one within 10 blocks. It's okay, though. When fetching $2M in a nice neighborhood starts seeming simpler than playing "Who's smarter than a 5th grader?", you can't get mad at owners & their listing agents for wanting to come along for the ride. Don't hate the player, hate the game. But, while one reader points out, "There's no shame in losing to Jordan," there is shame in losing to Cliff Robinson.

Pro's: location, deep building, some original details

Con's: price, 14' wide, nothing special inside, not nearly the best in breed

Ideally: good thing we're off to look at 3 places bigger & better than this today, for $100K-$500K less.

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