House of the Day: 53 South Elliott Place

On the heels of last week’s 3.5 million listing on Vanderbilt Avenue, Jerry Minsky is back with another blockbuster at 53 South Elliott Place. The Italianate brick one-family has lots of original details integrated with a very tasteful modern update. It’s a great house but the asking price of $3,700,000 sounds nutso to us. The highwater mark for a normal-sized townhouse (this one’s 3,600 square feet) in the nabe has been set at $3 millionand that was in a better location. The east side of this block (where this house sits) falls within the Fort Greene Historic District (map here). The other side of the street is not landmarked; it also includes the Brooklyn Technical High School, not exactly an enhancer of real estate values. We’d argue that, despite how lovely its interior is, this place should fall well short of that number. A price of $2,700,000 seems possible but $3,700,000? Sheer lunacy. Then again, we’ve learned our lesson about doubting Minsky. Remember 369 Grand Avenue?
53 South Elliott Place [Corcoran] GMAP P*Shark
Feb 06, 2012 | 12:32 PM