Price Cut at 465 13th Street

When 465 13th Street in the South Slope was a House of the Day last month, its price had recently been trimmed from $1,775,000 to $1,650,000. Guess that wasn't enough to get the job done because the price was just reduced another $65,000 to $1,585,000. How low can it go? The appraisal widget wasn't up and running back in March when this was posted so let's see what the wisdom of the crowd is on this one now. GMAP
var basePrice=1585000;
initPriceWidget (thisInstanceId, basePrice);