HOTD: Another Follow-Up on 730 Fulton Street

Growing some ivy (which will likely cause the cement morter to crack) up the side of a rowhouse in a complex of middle to low income housing is not going to make it worth the price this person is asking, especially on busy Fulton Street. I think those houses are a success story and tastefully done. I understand that the ground floor must be owned (affordable housing when built) and the top floors could be rented. This contributes to the desire to keep them neat and tidy, as well as the gardens you see each spring. That is all well done and should serve as a model for future affordable housing. That said, this person is crazy to think that someone should pay brownstone prices for his place.

Posted by: Anonymous at March 29, 2006 11:54 AM

If that's the house I think it is he could do himself a favor and clean up all of the refuse cluttered around his yard.

Posted by: Anonymous at March 29, 2006 12:33 PM

this is so absolutely ridiculous, I remember we were talking about this when it first came to market and their entire block association must've sent out a bat signal... they all started going on and on that the ppl living in the real world who suggested that he'd never get this price for this house were jealous of their lavish affordable-housing parking spaces and they should get what they deserve from their 275k (or however much they paid) investment by selling to idiots who may be willing to pay upwards of 1 million dollars for what is essentially low-income housing. this guy and everyone else over there must be mad anyone who pays more than 7-800k for this crap is out of their mind. if I had 1.5 million to spend I'd quickly take it to a REAL brownstone in Ft. Greene with actual details sans the tacky blinds and cheap ceiling fans. for 1.5 million there's sooooo much more out there and even at the current price... that house in stuy heights is absolutely gorgeous and cheaper and not on fulton. these ppl are crazy I tell ya!

Posted by: Anonymous at March 29, 2006 12:35 PM

Who styled (or didn't style) those photos? Jezze, you think if they want to sell the place for over $1M they could clean up the kitchen counter and take the coats of the chairs in the living/dining room.

Posted by: Anonymous at March 29, 2006 12:40 PM

Don't you think the location, square footage and lot size is deserving of that price? Face it people, 1.5 million is no longer brownstone price in Fort Greene. You only come across that if the property needs a lot of work.
I think it's delusional to believe otherwise.
The winter and early spring months are usually the toughest time to sell real estate. On the flip side, it's the best time to find a good deal. But from what I see, prices keep steadily rising and we're no where near the hot months yet. If I owned that property, I wouldn't sell.

Posted by: Anonymous at March 29, 2006 12:55 PM

you're right, if you owned that property you wouldn't sell because no one would buy that at 1.5 million dollars.

Posted by: Anonymous at March 29, 2006 1:01 PM

A two story, two-family frame cottage located on Dean St. (near 4th Ave and Atlantic) sold for over 1 million two years ago. No parking. Small back yard. Why is it hard to believe that someone would consider a three-family, semi-detached brick, on an oversized lot to be worth 500K more, 2 years later. This property is actually closer to the new hub (BAM, Atlantic Yards, restaurants, transportation, etc). Two bedroom condos across the street (Pacific) with half the square footage and no 'bonus' rental units are selling for close to, if not, over a million. I don't understand why you are all so shocked by the pricing.

Posted by: Anonymous at March 29, 2006 1:40 PM

If you could knock it down and build something on the lot, then we'd be talking.

Posted by: Anonymous at March 29, 2006 2:03 PM