Is Bedford-Stuyvesant that bad?

[Henry10]

Originally Posted by anon1

There's a few on here still doing their best to clarify the gross exaggerations by the growing number of real-estate agents infecting this site... It's a shame too... People used to come on here to receive factual information... Now it seems as if they only look for what pleases their ears...

RE agents with an agenda posting here are scumbegs. RE agents just sharing their knowledge or honest opinions are good guys.

[jad2k]

Speaking of real estate, a brownstone in Bed Stuy between Bedford and Nostrand just went for $500K over asking price. If that's accurate, it makes the sale price $1.8 million. Apparently, the sale was all cash too. Damn.

7 Arlington Place Gone for $500K Over Ask

[BajanYankee]

Originally Posted by jad2k

Speaking of real estate, a brownstone in Bed Stuy between Bedford and Nostrand just went for $500K over asking price. If that's accurate, it makes the sale price $1.8 million. Apparently, the sale was all cash too. Damn.

7 Arlington Place Gone for $500K Over Ask

Unrenovated. That's crazy.

I never knew that Crooklyn was shot on Arlington Place.

[jad2k]

Originally Posted by BajanYankee

Unrenovated. That's crazy.

Puts things in perspective as there are clearly many people in NYC who have enough cash that desperately want a brownstone (apparently there were multiple cash offers and the seller went with the "best and final" offer), can't afford the $3MM+ for Brooklyn Heights, Park Slope or Ft Greene or even Clinton Hill but CAN plop down $1.8MM in cash for Bed Stuy and still have $200K or $300K left over for renovations. Crazy indeed. This place has a lot of highly desirable original features so I'm going to bet that it wasn't even a developer that bought this place.