House of the Day: 265 Sterling Street


This pretty limestone house at 265 Sterling Street in Prospect Lefferts Gardens came on the market back in February at $849,000 and is currently suffering death by a thousand (okay, three) price cuts. Last week's was more of a trim than a cut, bringing the asking price from $749,000 to $735,000. This kind of gradualism is tempting as an owner but in this market it seems like getting out in front of the market with an attention-getting reduction is probably the way to go. Beautiful interiors though!
265 Sterling Street [Douglas Elliman] GMAP P*Shark

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