This attractive three-story brick townhouse at 69 Maujer Street has been on the market a loooonnnnggg time. It was originally listed for $1,350,000 last September; after languishing for five months, the price was cut to $1,200,000 where it has stayed for the past four months. Even though this is hardly prime Williamsburg, we’re a little surprised this hasn’t found a buyer yet given the paucity of townhouses with any historic charm in the area. The fact that the house is only of moderate size (2,700 square feet) shouldn’t be a deterent either, since the lot is 25 feet wide and there’s lots of air rights to play with; for some reason this block has an FAR of 3.4, considerably more than your average residential block. We don’t know the immediate area that well, so we’re assuming that’s what’s holding this place back. Thoughts?
69 Maujer Street [Sotheby's Int'l] GMAP P*Shark
Photo by Scott Bintner for Property Shark