House of the Day: Gut Rehab Candidate

house house
houseIf you’re feeling adventurous, this shell on St. Mark’s Avenue in Park Slope may present an interesting opportunity to arb the market. The asking price for the 4-story house is $1.1 million. If you could do the reno for $500,000, you’d probably create $200,000 or so of value. Of course, in the meantime, who knows what the market will do…
34 St. Marks Avenue [Corcoran] GMAP P*Shark

By Brownstoner |