House of the Day: 87 Java Street

Douglas Elliman describes this three-family brick townhouse as “remarkable,” but the dropped ceilings, new floors and Home Depot-style kitchens look pretty run of the mill to us. A C of O from 1919 says the first and second floors were used for manufacturing. It later became a daycare, and finally a three family in 1990.

With recently updated mechanicals, according to the listing, we could see it as an investment property or a gut renovation for a family that wants something modern. It last changed hands in November for $1,400,000. Do you find the current ask of $2,295,000 “remarkable” or is that what places around here are going for these days?

87 Java Street [Elliman] GMAP

7 Comment

  • One thing I do have to say, everyone always seems to makes fun of a Home depot kitchen, like it is criminal….but not everyone can afford a really expensive kitchen at a Manhattan showroom….besides, that’s what Home depot is for….isn’t it……..

    My kitchen came from Consumers Kitchens and Bathrooms out in Franklin Square…..I bought “Kraftmaid” HD has the same ones I am betting….big deal….I went to Consumers, because I got the contractor discount….

    ok, true this house has an ugly choice of cabinetry, but that’s probably what was in style at the time of the reno.

    Not every house on the face of the planet can have a fully updated to the minute kicthen and bathroom…

  • at the november price this place would be interesting, but at $2.3m not so much…. saw this on saturday and, while it has an attractive facade on a killer block, it has basically no original details and needs a fresh gut. backs right up to the parking lot for the astral, so the rear windows and backyard feel very exposed to the dozens of neighboring apts. I also couldn’t get to their listed sf without including a room on the cellar/english basement floor which is not connected to another unit and is clearly not legal living space as-is. near as I can tell the 3 livable floors total closer to 2520sf, which puts this price north of $910/sf. nicely renovated that would probably fly, but as-is I don’t buy it. this will be an interesting market test.

  • It will be very interesting to see where this one lands. There has been almost no inventory in this area and the prices have skyrocketed. But that seems like a super high ask for a building with no original detail left and a reno that needs to be redone.

  • This higher price should obviously be better done on the inside. Definitely a price over reach, and I live on the block. I see it going for $1.8M. Even that astounds me, given what we paid 11 years ago. Depressing to see house flippers with such cheap taste. If they’re going to ask that money, do it right. Have some pride!

    • for better or worse the current owners haven’t shown cheap taste–they haven’t done anything at all except possibly updating the boiler and HWH… there was no evidence of updates in the 2nd or 3rd floor units and there was no access to the tenant-occupied first floor unit. maybe they bought out RC or RS tenants? that would justify some significant upside, but not 64% in 2.5 months!

  • Sold for 1.4 three months ago and is asking 2.3 now?

    Must be some pretty nice “updated mechanicals.”