The situation at this house at 49 Putnam Avenue is a bit suspect. The boarded-up house changed hands for the below-market price of $360,000 in June and is now asking an above-market $999,000. While there are a few nice details left in the house (a couple of fireplaces, some built-in cabinets) any buyer’s going to be looking at a full-on reno. Given that the house is only three stories and 2,400 square feet—and on one of Clinton Hill’s less desirable stretches—the asking price seems pretty unrealistic. Hard to see how this goes for more than about $799,000. You also gotta wonder about what compelled the former owner to sell out for so little last summer.
49 Putnam Avenue [Christmas Realty] GMAP P*Shark