This one’s not for the faint of heart. This one-time beauty queen at 679 St. Marks Avenue in Crown Heights is ready for a gut and asking $400,000 for the privilege. This is priced at about $80 per buildable square foot. (The house is only 2,700 square feet but the 2.43 FAR allows for another 2,300 square feet to be built.) Is this a good deal? If you think you could condo it and sell the finished square feet for, say, $450 a foot, there’s gotta be some room for profit in the equation, don’t you think?
679 St. Marks Avenue [Douglas Elliman] GMAP P*Shark