The owners of 540 16th Street have had a tough time trying to sell their house. By the time it was listed with Brooklyn Properties last August (when we wrote about it for the first time) for $1,350,000, it had already been on the market as a FSBO asking $1,550,000 and with a small local broker for $1,499,000. Last month, the sellers finally bailed on Brooklyn Properties (where a price cut to $1,299,000 had not been enough to get the job done) and gave the nod to Warren Lewis where they're getting a fresh start with an asking price of $1,185,000. This has to be getting pretty close to the market-clearing price for this charming Arts and Crafts pad, don't you think?
540 16th Street [Warren Lewis] GMAP P*Shark
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