Perhaps if the seller of 174 Clinton Avenue hadn’t spent so much time ripping open the facade of his historic brownstone and stealing a parking space from the public by cutting the curb, he might not be in his current situation. (Oh, it also would have helped if he’d priced the property reasonably back in the fall of 2007 back when he, quite astutely, subdivided the through lot into two pieces.) The listing debuted with Brown Harris Stevens in October 2007 at $2,500,000 and was subsequently cut to $1,990,000 in April of last year before being pulled off the market. Now it has re-emerged, post-renovation, with Halstead at the wheel and a new 2009-friendly price of $1,800,000. The interior has been cleaned up considerably and, while a lot of the original woodwork has been preserved, some of the renovation choices (like the exposed brick fireplaces and modern yard) don’t float our boat. That said, this price is back in reality land now. It remains to be seen whether buyers will like the in-house parking feature or lament the foregone rental income that came with that decision.
174 Clinton Avenue [Halstead] GMAP P*Shark
Clinton Ave. Curb Cutter Takes 20% Haircut [Brownstoner]
Cut and Run at 174 Clinton Avenue [Brownstoner]
Development Watch: 175 Vanderbilt Avenue [Brownstoner]