Makeover, $7.9M Ask for Infamous Wreck

A Boerum Hill house notorious for its extreme state of decay and notable architectural features is now on the market for $7,900,000 while it undergoes an extensive renovation, as Curbed was the first to note. The brownstone is 26 feet wide with Gothic Revival details and an unusual dormer window. It dates from about 1850, according to the AIA Guide. The building, which had deteriorated to the point where it was not even a full shell, sold at a foreclosure auction to a developer in 2010 for $1,335,000. The listing shows only floor plans, which call for an owner’s quadraplex over a garden rental. We’re seeing a lot of houses being offered mid-renovation. Do readers feel comfortable getting into contract for an unfinished property? High or low, does it make a difference?
Boerum Hill House Redone After Years of Neglect Seeks $7.9M [Curbed]
374 Pacific Sells at Auction [Brownstoner]
374 Pacific Street Listing [Douglas Elliman]
Photo by Douglas Elliman