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Clinton Hill Mansion Pricechopped Yet Again, Now Asks $5.85M

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The 6,900-square-foot mansion at 278 Clinton Avenue had such high hopes when it came on the market back in October, boldly asking $10 million. While the Queen Ann and Neo Grec architectural details and 60-foot wide front lawn are no doubt stunning, the place just isn't worth as much as it thought. The ask got axed by 25 percent in November, and now it's received an additional 22 percent pricechop, bringing the current asking price to $5.85 million. What's the problem? The place is split up into seven separate units, and the listing does not give any indication about whether or not it would be delivered vacant.

· After Massive Price Cut, Clinton Hill Mansion Now Asking Only $5.8M [NYO]
· 31-Room Clinton Hill Mansion Seeks a Whopping $10M [Curbed]
· Listing: 278 Clinton Avenue [Corcoran]