House of the Day: 25 Moffat Street

This flip in the farthermost reaches of Bushwick has somewhat better than average finishes, including white subway tile, flat (not routed) white kitchen cupboards and vintage style lighting. The plumbing is all new, as are the floors, kitchens and baths. The owner left the mantels and exposed the brick.

There is also a deck and parking in the front yard. It’s set up as an owner’s duplex over a two-bedroom garden floor rental. But what really caught our eye about the listing is the price. It last traded to Boaz Gilad of Brookland Capital in November for $395,000. Now the ask is $1,195,000.

We could see this going to an investor, perhaps. But we’d be surprised if they get anywhere near ask. (To put it in perspective, a somewhat similar house nearby at 770 Macdonough Street sold for $692,000 in April 2013.) What do you think?

25 Moffat Street [Corcoran] GMAP

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