When we were house hunting back in 2004, the beautiful but neglected brick house at 1860 Bedford Avenue in Lefferts Manor was on the market for about $550,000 if we recall correctly. (This makes us think the $185,000 sales price from 2004 listed in Property Shark is not correct.) Now it’s back on the market for $900,000. According to a tip we received, the current owner bought it with the intention of moving his medical practice, only to be stymied by zoning restrictions. He’s completed the interior demolition and put in new joists and sub-floors but that’s about it: Tabula rasa for the right owner. As great as this house could be, this price seems like a big stretch given how much money will have to be put into it. Agree?
1860 Bedford Avenue [Fabrikant] GMAP P*Shark
What’s Up with 1860 Bedford Avenue [Brownstoner]