This one just seems like a big ouch: 370 Clinton Street, the six-family house that a buyer plunked down $2,650,000 for last September, traded hands again for $1,325,000 in a deal recorded last week in public records. The House of the Day writeup on this in January went as follows: “A victim of the downturn? Given the timing and circumstances of this new listing at 370 Clinton Street in Cobble Hill, it sounds like the seller is in trouble. She closed on the 6,000-square-foot house last September for $2,650,000 and in the last four months has gutted the interior and commissioned complete architectural drawings for a planned make-over. The plans are part of the package for anyone willing to come up with the asking price of $2,995,000. It is a pretty exciting opportunity for someone who wants to create a living space from scratch: great location, beautiful shell. The only question: Price.” Update: As pointed out by commenters below, it was a 50 percent interest in the house—and not the whole house—that sold for $1,325,000.
House of the Day: 370 Clinton Street [Brownstoner] GMAP