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July 14, 2006
Open House Picks
Cobble Hill
301 Baltic Street
Corcoran
Sunday 12-2
$1,495,000
GMAP P*Shark
South Midwood
814 East 15th Street
Halstead
Sunday 2-4
$1,195,000
GMAP P*Shark
South Slope
56 16th Street
Brown Harris Stevens
Sunday 11:30-1
$985,000
GMAP P*Shark
South Slope
68 16th Street
Century 21
Sunday 12-2
$929,000
GMAP P*Shark
Comments
Cobble Hill house looks very cheap. Is there something wrong with it?
Posted by: Kel at July 14, 2006 12:27 PM
The Baltic property has a lot of promise. The lot is very large at 25x100. Though the building is only 25x32 it is 3,525 under FAR. Very nice backyard but it's much too large. A two story extension with deck on roof would be ideal. What's the block like? The property appears to be located across the street from a school. $1.49 seems to be a good price.
Posted by: BrownBomber at July 14, 2006 12:37 PM
East 15th is quite aggressive.
One million tops I would think.
Posted by: Anonymous13 at July 14, 2006 1:10 PM
Interesting comparison on 16th Street - two 3-families that appear to be the same size, close by one another (same block?). One has a rent-control tenant (@ $750/mo), but it also has its original facade and nice rear yard. The other has artificial siding and a barren yard, but more original detail inside (from what the pix show - the interior shots of the other don't help). Brown Harris Stevens vs. Century 21.
Posted by: Halden at July 14, 2006 1:15 PM
Oh, and is this a watershed moment: BHS calls 56 16th Street Gowanus, not the South Slope. The description of the building plays up its proximity to the Gowanus and Red Hook as much as its proximity to 5th Avenue.
Posted by: Halden at July 14, 2006 1:17 PM
What am I missing Re the 16th street houses? The Century 21 listing is much larger and much nicer than the BHS one, and 50K cheaper. Considering that they are practically next door to each other, what gives? It it just different "pricing strategies"?
Personally they both seem overpriced--given the location I'd say 899K for the C21 listing and 850K for the BHS listing, max.
Posted by: b&binb at July 14, 2006 1:22 PM
The cobble hill house is cheap, but here are the negatives from my memory of an open house (when it was priced considerably higher).. the house is shallow (2500 sq ft and you only live in 1800 of it), and is brick filled frame(?), and is opposite a school chain link fence on a dusty block between two retail strips, so not really the tree lined cobble hill that we like. That is about it. The garden is actually nicer than the picture suggests.
There is a lot of unused FAR but that would mean tearing into an 1840s place.
Posted by: JB at July 14, 2006 2:10 PM
Cobble Hill house: The blocks okay except that almost the entire south side of the street (really, approximately 75% of the block between baltic and butler)is taken up by a school and an extensive playground. I suspect that incomplete blocks may carry a separate discount. Pricing may also reflect both market reality and a motivated seller.
Posted by: crouchback at July 14, 2006 2:20 PM
If anyone buys the century 21 house within 20% of that asking price, please send them my way - I have a bridge for sale. Got to be f&^%ing nuts to pay that kind of money for a place with a rent controlled tenant on the second floor. This house should be trading at a $350,000 discount to the 56 16th street house which is also overpriced in this market by about $150,000. Haven't these people heard that the bubble is over?
Posted by: Blabber at July 14, 2006 2:22 PM
If anyone buys the century 21 house within 20% of that asking price, please send them my way - I have a bridge for sale. Got to be f&^%ing nuts to pay that kind of money for a place with a rent controlled tenant on the second floor. This house should be trading at a $350,000 discount to the 56 16th street house which is also overpriced in this market by about $150,000. Haven't these people heard that the bubble is over?
Posted by: Blabber at July 14, 2006 2:22 PM
sorry for the double post -- I got a message saying I needed to try again after the first post.
Posted by: Blabber at July 14, 2006 2:23 PM
I saw 301 Baltic couple weeks ago. I think it is great. But it is not the elegant Victorian of most of Brownstone brooklyn. A bit older - from 1840's and takes someone into that simpler style. Plenty of original detail. I think quite a bargain. Yes, good use some redo - but certainly very livable as is. I did't see garden rental. Very quiet back even if street side not quietest. Very convenient location.
Posted by: Petebklyn at July 14, 2006 2:58 PM
I saw 56 16 street a couple weeks ago: creepy with one or two nice details. 68 16th looks much, MUCH better but of course there's tenant. That block is depressing with big condo monstrosities on one end and Prospect express/3rd ave wastes at other.
Posted by: angvou at July 15, 2006 7:01 AM
the two houses on "south slope" is not in the slope at all!!! its in Gowanus canal!
Posted by: Armchair_warrior at July 17, 2006 12:38 AM
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