House of the Day: 280 Park Place
We’re liking the old bones at 280 Park Place, a new (surprisingly nice) listing from Century 21. The four-story house is also well-suited to a condo conversion because of its two-story addition. That said, this would take a lot of dough to convert, and it’s not really in move-in condition for a two-family play either….
We’re liking the old bones at 280 Park Place, a new (surprisingly nice) listing from Century 21. The four-story house is also well-suited to a condo conversion because of its two-story addition. That said, this would take a lot of dough to convert, and it’s not really in move-in condition for a two-family play either. Given both those factors (and the fact that the market’s jittery), we don’t think that the asking price of $2,100,000 is realistic. More like $1,900,000.
280 Park Place [Century 21] GMAP P*Shark
280 Park Place [NY Times]
First time I heard somebody refer to Vanderbilt as “Vandy,” I thought it was kinda cute.
Now, I think you need to quit it.
Aren’t there still issues with development in Prospect Heights? Meaning, because it is not yet a historic district, can’t a developer potentially buy this house or the one next door, knock it down and build something new?
they apply a solution to the paint, which makes it easy to remove.
then depending on the condition under the paint, it will either need to be cleaner, or the brownstone facade will need to be replaced.
So how do you fix the facade? It’s painted and it is chipping. Walked by today and big chunks of paint are falling off.
This building is in prospect heights. I thought crown heights began at washington? I heard brokers are now calling franklin ave. prospect heights which is not true. The brokers would love crown heights to gentrify and become prospect heights.
Sharing the honors with Prospect Pl btw Vandy and Carlton, this is generally considered by local residents (yup, I’m one of them) to be the best block in the nabe. Fantastic location nr subway, park, museum and stores. This house is very close to Vandy — that’s the apt bldg fronting Vandy that you can see on the right. Agree it looks like it needs a ton of work. But it has a lot of upside so I’d guess that, unless the market totally tanks in the next 4-8 weeks, brownstoner is pretty on target with his $1.9m guesstimate. Certainly no lower than $1.75m.
“Prospect Heights is a triangle, and some parts are closer to trains than others…”
actually, it’s a diamond, bounded by flatbush, atlantic, washington, and eastern pky. but your more general point is correct.
Or, rather, discovery breeds awareness (I meant to say…makes more sense)
“Five years ago, when my friend bought his place is Prospect Heights, it was listed as “Park Slope adjacent.” Evidently the neighborhood had far less cachet back then.”
A lot of neighborhoods didn’t have much cachet. Up until I moved to Brooklyn 8 years ago, the only two Brooklyn neighborhoods I’d ever heard of were Brooklyn Heights and Bayridge. Mind you, I did’nt know where either were located, and I was born and raised in this city. Awareness breeds discovery.