I'm beginning to think that $1,000 sq,ft is the new $500
/30 Prospect Street (lower Lake Avenue) has sold in a bidding war that started at $1.795 million and ended at $1,857,500. 1912 construction and looks and feels it, but definitely going (I believe) as a residence, not aa building lot.1,974 sq, ft. (okay, that’s $940, but close enough).
And while 20 Old Wagon Road, Havemeyer, is almost certainly going to sell as land — a new house of 4,254 sq. ft. can be built here — it’s perfectly livable, and buyers looking for an entry house would have to pay $1,199,000 for its 1,0956 sq. ft., and probably more, because they’ll be competing against those builders.