House of the Day: 467 Union Street
Here’s an unusual one…The house at 467 Union Street in Carroll Gardens is being sold as a tear-down. Of course, that doesn’t mean the entire thing has to be torn down. This could be a great opportunity for someone who wanted a modern interior but likes the idea of being part of a row of…
Here’s an unusual one…The house at 467 Union Street in Carroll Gardens is being sold as a tear-down. Of course, that doesn’t mean the entire thing has to be torn down. This could be a great opportunity for someone who wanted a modern interior but likes the idea of being part of a row of traditional townhouses. You could even add a mansard roof. The asking price of $650,000 (just cut from $750,000) seems quite reasonable given that the current FAR of 2.43 would allow a house of 3,000 square feet to be built as of right. Update: Whoops. Looks like we mistakenly assumed there had been a fire. That appears to not be the case.
467 Union Street [Corcoran] GMAP P*Shark
The old man who lived there was sweet, although obviously not whole. He smiled to those who smiled at him. Many mornings he got a cup of coffee from Sweet Melissa’s aroudn the corner. I miss him.
it’s down…but the cat smell remains!
As of last evening, the building is scheduled to be demo-ed on Monday 7/16 due to the roof collapsing yesterday.
All I can say is the smell from that building was/is awful…smelled like 1000 cats went to the bathroom there. Not terribly surprised it needs to be torn down.
Where conventional banks leave off, hard lenders pick up, and they get paid handsomely to do so. A good portion of development gets kick started and completed with hard money, the middle and safe money is handed to the banks.
As usually Brownstoner is about hearsay
and nothing more. I could have bought the house for 650K on the spot 2 weeks ago, the house is a narrow 16 feet by 75 and not as advertised. The house is doomed by
the city for tear down and can’t be saved.
The lot behind and to the side is totally unattractive.
thats what the Realtors told me. they told me i couldn’t get a mortgage on shells etc.. from a lot of places i look at and had to get construction loans instead.
hey armchair, quit while you’re ahead. You obviously spoke to the wrong people when you bought your dump on St. Marks, but that doesn’t mean there is no room for creative financing.
There are many banks out there who would go as far as giving you the deposit, the entire loan and the construction loan, but your credit has to be impecable. And yours wasn’t, that’s why your parents had to help with your former crack house
my bad then. its very hard to get i should of said. huge time waster hehe.