Across the street from the property PACC is selling in a lottery for $600,000 sits this three story brick house at 392 Waverly Avenue. The house has all of its original details intact and the owner has spent a bunch of dough on fancy kitchen and bathroom appliances. As nice as it looks to us, though, there is really only 2,400 square feet of above-ground space so the asking price of $1,675,000 seems aggressive to us (as much as we’d like to see $700 a foot comps in the nabe!). Do people think being across the street from an elementary school is a positive or negative?
392 Waverly Avenue [NY Times] GMAP P*Shark