367 Grand Defies Expectations (and Asking Price)

We couldn’t have been more wrong about this one! When the upper triplex of this five-story brownstone on the corner of Gates and Grand in Clinton Hill hit the market last November for $1,585,000 we were skeptical to say the least. (We have a vested interest given that we have an almost identical house just down the block.) Together with the lower duplex which was asking $1,500,000, the owner was trying to get over $3 million for the building. Crazy, we thought. Not so crazy, it turns out. The top triplex went into contract earlier this week for, we hear, over the asking price. We also gather that a deal for the lower duplex is imminent. We’re in shock. We bet the woman who bought the house next door recently and has already begun re-brownstoning the facade is psyched.
367 Grand Avenue, Upper Unit [Corcoran] GMAP
Grand Ave Brownstone Conversion Hits Market [Brownstoner]
Feb 13, 2012 | 10:33 AM