House of the Day: 1234 Dean Street
The exterior of this house at 1234 Dean Street in Crown Heights is interesting, and the interior is probably in bad shape but full of old details. Unfortunately, however, the house is still classified as an SRO, even though it’s being used as a one-family residence. Why does that suck? It’ll be hard to finance and a pain in the ass to change the certificate of occupancy. It’s doable, for sure, but we suspect the asking price of $849,000 will need a big old haircut to compensate for the extra hassle and risk in the deal. In its defense, though, this is a really nice block with lots of beautiful houses on it. Still, that’s a lot of dough. What do you think?
1234 Dean Street [Douglas Elliman] GMAP P*Shark
Feb 02, 2012 | 12:31 PM