House of the Day: 267 State Street
267 State Street was the first of the famous 14 Townhouses to come up for resale last fall. It came out of the gate with a price tag of $3,600,000 under the watchful gaze of Corcoran. That didn’t work out and it reemerged in May with Core at the same price of $3,600,000. Then in…
267 State Street was the first of the famous 14 Townhouses to come up for resale last fall. It came out of the gate with a price tag of $3,600,000 under the watchful gaze of Corcoran. That didn’t work out and it reemerged in May with Core at the same price of $3,600,000. Then in June the price was reduced to $3,200,000, where it remains today. The house itself is very nice and large, so it’ll be interesting to see where the price ends up. We bet around $3 million.
267 State Street [CORE Group NYC] GMAP P*Shark
while i love these houses…they are quite stunning in person…and yes hi end finishes etc…this one in particular is the worst of them with it’s location on the end of the street with that lot next door.
I agree that the surrounding development is great for the DoBro area, but terrible for this segment of the market. People who generally buy townhouses don’t want to live amongst high rise buildings. This home now looks at the Smith Condo/Hotel to the south, the low income/mixed use building to the north and parking lot/prison to the west. Hard to see them fetching over 3mil.
like the building. zero interest in that area. really don’t like being so close to so much low income housing, gov’t building blocks, and dicey crowd at some of the subways at any price. way less so for a couple of mill.
I think the new development in neighborhood (highrises) has made this more desirable not less. If I had my pick, I would choose one of the middle of the 14 – not this last one.
I would think the big lights from the parking lot would be a nuisance here.
hey wasder – former practicing architect, now developer and broker (I run the ad on this home page for Let’s Talk Real Estate, stop by for next chat if you have the time). My angle is that “high end” makes it sound like its not available to everyone. Shouldn’t everyone be entitled to good architecture? Shouldn’t well organized spaces and clean lines (to use ishtar’s observation) be a right not a privilege?
Hey Donald–was wondering what your angle was on this. I guess when you look closely at certain things and beyond the gloss of the photos you can always find flaws. Perhaps above average is a better term but there isn’t much in the way of new construction townhomes to compare it to so from that perspective it looks high end. Are you an architect or designer?
I like these townhouses because the design is so simple. Very clean lines and a nice contrast to the more traditional row across the street. They definitely add to the aesthetics of this block.
It would be unfortunate if they built on the lot next door.
wasder – thanks for the reply. “Above average” may be a better classification or “low in the high end” say versus “high in the high end.” High end has lost all meaning like “luxury.” If everyone uses it what does it mean.
denton – what attention to detail? misc soffits, windows that run into the ceiling. for ground up construction not well thought out.
Beautiful house – given the location and the market – 2.8