Look Before You Leap: HUD Fire Sale (Literally)

building
facade The Times' Motoko Rich flags this "handsome fixer-upper" in the newspaper's real estate blog, The Walk-Through. Located at 166 Livonia Street, the three-story, three-family brownstone is on the other side of the tracks, literally, from a gigantic public swimming pool. The estimated price of $290,000 may look tempting, but make sure you read the Property Report before handing any money over to HUD: problems include mold, water damage and unsafe oil tanks in the basement. Even worse, we hear Scarano's been rushing to get the foundation poured on a 40-story tower next door before this part of ~~Crown Heights~~ Brownsville gets downzoned!
166 Livonia Street [NHMS] GMAP
Government Property for Sale [The Walk-Through]

Comments

Actually, this is in Brownsville, not Crown Heights.

Posted by: Anonymous at February 6, 2006 10:43 AM

Yes way out in Brownsville. And why would ANYONE want to fix this up???
It would be much easier to tear it down and start over. With all those problems, just tear it down and throw it out!!

Posted by: Anonymous at February 6, 2006 10:48 AM

wow that even makes my house look amazing

Posted by: clinton hillbilly at February 6, 2006 12:05 PM

Well as bad as it is, someone bought it. It sold for $330,600. Imagine that.

Posted by: Anonymous at February 6, 2006 12:16 PM

If they're gonna sell it for that much they should get the address right, it's on Livonia _Avenue._

www.forgotten-ny.com

Posted by: Kevin Walsh at February 6, 2006 12:50 PM

"property is structurally unsound"

Whoever bought it IS tearing it down.

Posted by: Scott at February 6, 2006 1:21 PM

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February 6, 2006

Look Before You Leap: HUD Fire Sale (Literally)

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