Proof the condo market is cooling?
Rewind 3 months ago when we first posted our brownstoner condo report on the Myrtle Ave condos. At that time, the 3 units were going for $877-919K. Today, a check of corcoran shows the 3 units at saner asking prices of $775 and $799K. That equates to a before of $520 psf and an after of $459 psf.
For those who can deal with the 8 flight walk up to the highest unit, you have something on the market that's somewhat easier to stomach. My take is that with a little negotiation and mentioning that they won't be able to sell these without an elevator in the building, you just might get yourself a decent bargain in the low 700s.