Today’s House of the Day, a limestone at 163 Maple Street in Prospect Lefferts Gardens, comes with an unusual stipulation. It is a “life estate sale,” which means the current owner will live in the house and pay .4 percent of the purchase price in rent every month “until she moves on,” in the words of the agent. She is 100 years old, he said.
The house was designed by Axel Hedman in the Neo-Renaissance style and seems to have all its original details as well as upgraded kitchens and bathrooms. There is plenty of elaborate wood work, moldings, parquet floors, pocket doors and original mantels.
If the house sells for the full $1,600,000 ask, the buyer will receive $6,400 a month in rent until the end of the life estate. What do you think of it?