Unlike some of the other absurdly-priced houses in Carroll Gardens to hit the market this year, this one at 241 Carroll Street actually has a fair bit of grandeur and charm to back it up. Is it still overpriced? We think so, but check out those plaster crown moldings! If this we’re already configured as a two-family with updated kitchens and baths in the right places, we could see someone bite at, or close to, the asking price of $3,500,000, but this is a four-family house and the economics just don’t add up. If you put 20% down to buy this place planning to live in the duplex and rent out three floor-through apartments, your monthly mortgage payments alone are going to be close to $20,000. If you’re lucky, you’ll make back $10,000 of that on the three rentals, so you’re left paying $10,000 a month (plus taxes, maintenance, etc.) for a duplex in Carroll Gardens? Seems like a stretch to us.
241 Carroll Street [Douglas Elliman] GMAP P*Shark