Look Before You Leap: HUD Fire Sale (Literally)

building
facadeThe Times’ Motoko Rich flags this “handsome fixer-upper” in the newspaper’s real estate blog, The Walk-Through. Located at 166 Livonia Street, the three-story, three-family brownstone is on the other side of the tracks, literally, from a gigantic public swimming pool. The estimated price of $290,000 may look tempting, but make sure you read the Property Report before handing any money over to HUD: problems include mold, water damage and unsafe oil tanks in the basement. Even worse, we hear Scarano’s been rushing to get the foundation poured on a 40-story tower next door before this part of Crown Heights Brownsville gets downzoned!
166 Livonia Street [NHMS] GMAP
Government Property for Sale [The Walk-Through]

By Brownstoner |