They gotta be kidding on this one! The 4,000-square-foot house at 165 Greene is one of a half dozen or so identical houses that were put up back in 1990. We’ve always assumed they were built as part of some kind of subsidized affordable housing initiative and the pricing and financing of the original sale lends credibility to that theory: We bet they were sold for $300,000 with 10% down, but we could be wrong. Regardless, they are without question deserving of a large price discount relative to the similarly-sized Victorian-era brownstones that grace the neighborhood. But the seller is pricing it on a par, which is insane, especially when you consider the truncated rear yard (see photo, top right) and, one of our favorite attributes, the bouquet of utility meters next to the front door (lower right). To be fair, it’s not all bad: We thought the arched windows on the parlor floor were an unexpected nice touch. The location is very central, too, though the bus stop across the street is a slight bummer. Bottom line: We think the sellers are going to have to lower their expectations–and the price–a lot. Like four or five hundred thousand dollars.
165 Greene Avenue [Corcoran] GMAP P*Shark