A turnkey 2-Family in north Park Slope lists for $1.9M, goes in contract in a month, and closes last month for $2.18M. Can anyone say they're really surprised? Sure, 117 Berkeley Place is less than 16' wide, some of its interior isn't everyone's taste, and who wants an upper-triplex that gives the rental an amazing yard? But it also listed at the median price per square foot in Park Slope of $650/sqft, and good luck finding a condo this nice that's even $700/sqft in the Slope. So what's another $280K on top of ask?
Mantles, parquet floors, sliding door out to the huge yard that's currently shared with a green-friendly neighbor:
Is the rest of its more pasty interior your taste? Our guess is this goes single-family and gets some revived finishes.
Nothing special here. Just another day in the life of the Brooklyn townhouse supply & demand story we've been calling for months. This listing literally came out just a few days after we chided the NYTimes for pretending that crowded open houses in Brooklyn were news. There's a difference between knowing the market, and being able to do something about it. But at least knowing is half the battle.
Pro's: curb appeal, location, deceptively-fair pricing, huge backyard
Con's: narrow, not everyone's taste on some floors, whine PS 282 if you must, went quickly & above ask, why give the rental the awesome yard?
Ideally: this will look like a steal compared to what another house on this block is about to list for
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