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February 23, 2007

Open House Picks

house Clinton Hill
85 Downing Street
Corcoran
Sunday 1:30-3:30
$1,375,000
GMAP P*Shark

house Boerum Hill
457 Warren Street
Brownstone Real Estate
Sunday 12-2
$1,000,000
GMAP P*Shark

house Bay Ridge
326 74th Street
Brown Harris Stevens
Sunday 12-:30
$979,000
GMAP P*Shark

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Comments

Anyone know the story on the Warren St. place? The price seems pretty low for Boerum Hill, even for a fixer-upper.

Posted by: z at February 23, 2007 12:12 PM

It's not the best block: http://www.nydailynews.com/boroughs/story/469139p-394809c.html

Posted by: Ms. Brooklyn at February 23, 2007 12:19 PM

It may not be the best block (Warren Street), but the ask is still only approximately $200-$300K less than recent sales for a house of similar size and type in that vicinity that were more or less move-in condition. If it needs a lot of work (and I imagine it must if the broker is being so honest), it will probably sell for under a million.

Posted by: crouchback at February 23, 2007 12:31 PM

Downing Street property seems well priced but where is the kitchen for the owner's triplex?

Posted by: Anonymous at February 23, 2007 12:45 PM

What is the story with 279 Clermont? Has anyone seen it? How much work does it need? I've got a similar building on Clermont that I'm thinking of selling and I wonder how much "TLC" their building needs and how much that "TLC" requirement affects their asking price.

Posted by: Shahn Andersen at February 23, 2007 1:07 PM

where is your building on clermont? i live in the block and really like it a lot...

Posted by: zzzap at February 23, 2007 1:15 PM

c of o on 279 says it is a 3 family

Posted by: Anonymous at February 23, 2007 1:17 PM

i didn't know bay ridge looked like that. charming.

Posted by: june at February 23, 2007 1:21 PM

june:

in the area of shore rd and ridge rd and colonial in bay ridge, there are hundreds of victorian homes. bay ridge was originally a summer getaway for manhattanites as there was a ferry b/w the locations

Posted by: what bubble? at February 23, 2007 1:36 PM

Zzzap, my building is on Clermont between Fulton and Greene. It's a legal four family that I use as a three family.

"TLC" to me in a listing generally really means "POS". It's not always true, but it often is. That's why I'm interested to see if theirs is just a good deal and I should price mine with theirs in mind, or if theirs really needs as much work as most buildings sold at tax auctions do.

Posted by: Shahn Andersen at February 23, 2007 1:55 PM

re:Warren st. You sure Crouchback? I remember last year 2 houses 4 sale on that block but they were 20' x 40' and 1 floor taller.
(this bldg is 17' x37').
Propshark shows same owner for this house since '72.
New building going up corner of this block and Hoyt.

Posted by: Anonymous at February 23, 2007 2:08 PM

You see why most people post anonymously Shahn? It's so they don't get online stalkers like Ed.

Posted by: Anonymous at February 23, 2007 2:12 PM

There are three townhouses for sale in Fort Greene at that price and they don't say anything about needing work done.

http://newyork.craigslist.org/brk/rfs/283027593.html

http://newyork.craigslist.org/brk/rfs/282965863.html

http://newyork.craigslist.org/brk/rfs/281465590.html

Posted by: Anonymous at February 23, 2007 2:19 PM

Re Clermont: That place has definate POS possibilities - the facade looks pretty good but a 4 family means that it has been very chopped up and if TLC is indicated, I read a place whose last renovation was patchwork to accomodate as many people as possible -There is no indication either of tenant status, which could be an issue.
I am also curious about this place since I live in the area.

Posted by: donatella at February 23, 2007 2:27 PM

re: Warren St. We've looked a nice buildings on this block in the past. It's hard to sell a house (even a nice one) that is smack in the middle of 2 housing projects. Not interested in the noise factor, as well as having to look over your shoulder when it's dark.

Posted by: North Sleeper at February 23, 2007 2:30 PM

The building on Downing is really nice. Too bad it's in such a crappy location.

Posted by: Anonymous at February 23, 2007 2:31 PM

warren st is done those people r stuck and cant sell they mst lower the price further

Posted by: ronman at February 23, 2007 3:43 PM

There are some great houses to see in Bay Ridge; makes a nice stroll for a warm day in Spring. Some of those houses are so huge. Does Bay Ridge have a house tour? I do know there's the house that was Diamond Jim Brady's and Lillian Russell's, which is now a Catholic Girls School, on Shore Road around 97th something like that? And on 95th between Shore and Marine, closer to Shore, there is a Civil War era house that's amazing. It's a landmarked house and very well kept. It's just really sad it's sandwiched between big apartment or co-op buildings. And there's a gorgeous house near that big Catholic high school, that's all made of stone and very Arts & Crafts/Art Nouveau. So unique. It's a "known" house so you could research and find it. Plus lots of big huge Victorians and New England style houses.

Posted by: Anonymous at February 23, 2007 3:47 PM

Here's the info on a couple of those houses, from a website:

Wealthy industrialists and businessmen were drawn to the area as a summer retreat and built mansions on the Bay Ridge bluffs. Two examples of these extraordinary homes remain. The Howard E. and Jessie Jones House, nicknamed the Gingerbread House by local residents, is a landmarked stone building with a pseudo-thatched roof on Narrows Avenue and 83rd Street. Built in 1916-17 in the Arts and Crafts style rarely seen in New York City, the house offers a glimpse of the fanciful summer cottages that filled Bay Ridge during those years. The second mansion that remains, the current home of the Fontbonne Academy, a private girls' school, is a relic of Bay Ridge's heyday as a summer rendezvous for members of high society. Local legend has it that this house was once purchased for the actress Lillian Russell by the high-living financier "Diamond Jim" Brady.

Posted by: Anonymous at February 23, 2007 3:50 PM

does anyone else almost daily say to themselves...ahhhh...brooklyn is such a wonderful place. i'm sure a lot of you do, but lately i've just had an overwhelming love of this borough.

Posted by: bklynlover at February 23, 2007 3:51 PM

what is POS?

Posted by: Anon at February 23, 2007 4:14 PM

Piece of S___

Posted by: brownstoner at February 23, 2007 4:18 PM

re: Clermont house is priced right.

223 Clermont sold for $1.8 and 215 Clermont sold for $1.862; granted these are 5 story buildings. 237 clermont sold for $1.675 and is a four story and needed TLC.

Given the comps, i'd say the price is fair.

Posted by: Anonymous at February 23, 2007 4:33 PM

Anon 2:31 very funny about the crappy location-downing. that is the exact same thing people said to me about my house a few years ago and now it is worth over $2M. if you know anything about the building across the street, the neighborhood, what the stadium will do for the community, some good some bad, this "crappy" location is looking like a winner.

black working class people in a neighborhood doesn't make it "crappy" besides the dealers hang out on grand and putnam!

Posted by: Anonymous at February 23, 2007 4:36 PM

Anon 2:08. I did say "of that size and type in the vicinity." There are many like it on Wyckoff Street between Bond & Nevins and a few on Bond Street between Wyckoff and Bergen.

Posted by: crouchback at February 23, 2007 4:49 PM

Thanks for the comps 4:33. I checked Property Shark and the three buildings you mention are 2+ feet wider and as you mention 2 out of 3 are 5 story. I am going to take a trip to see it myself on Sunday to satisfy my curiosity.

Have a good weekend.

Posted by: donatella at February 23, 2007 5:31 PM

there are amazing house's in Bay Ridge, sadly many have been torn down inc the first Copper House (the inside detail was amazing)...I live down the street from this house which has had a few reductions and will reduce some more I bet, have not been inside but its not the nicest block if your into that kind of thing....

Posted by: Anonymous at February 24, 2007 6:13 AM

Anon at 4:36 -- what do you think the stadium is going to do for the community? I can see anticipating that scads of market rate apartments will bring more yuppie servies, but what are the benefits of a sporting and events arena specifically?

Posted by: Anonymous at February 24, 2007 8:33 AM

I have seen the place on Downing. It is well maintained but I think it still priced to high for the area and will need some reconfiguration. The building next door sold for 1.1 six months ago. There is a kitchenette on the 3rd floor which is odd and will need to be removed and then install a kitchen on the parlor floor.

Posted by: anonymous at February 24, 2007 11:03 AM

I liked the Downing Street house, especially its proportions. Also, you could tell that the owner, who had done the renovations, had done them solidly. My only concern was the location - I live in Clinton Hill, but that street felt uncared for, and the apartment building across the street would make me think twice before buying.

Posted by: Archiefina at February 24, 2007 12:59 PM

anon 8:33am, if you read my post, i say some good and some bad things for the neighborhood. if there are nice places for working class people to live then to me that is a good thing. as for all of the yuppies they are everywhere and while that is bad, i too was once one. now for the sports arena and a team for brooklyn, well if you are not a sports fan then you would NEVER EVER EVER understand.

i am a woman who grew up going to games in my home town and loved every minute of it, i knit sweaters for my children also, so please don't sterotype me.

Posted by: Anonymous at February 24, 2007 7:28 PM

Anon. 7:28am. I am not anon. 8:33am btw but want to ask you: Do people who like sports also hate sunlight, clean air, and LOVE, LOVE, LOVE TRAFFIC? Go ahead and knit away. The fact that you are a woman and a mom doesn't mean that this arena project is immoral and wrong for the neighborhood that it's supposed to go in. And the fact that we HATE, HATE, HATE the proposed arena doen't mean that we don't love sports. Don't stereotype us.

Posted by: Anonymous at February 24, 2007 9:11 PM

9:11, that's totally sportsist.

Posted by: sporto at February 24, 2007 11:12 PM

Sports arenas drive away decent restaurants and businesses, they don't attract them. I've seen it in every city I've ever visited - the surrounding blocks around any downtown sports arena in any city are full of only cheeseball chain restaurants and sports bar/pubs. If even that. Minneapolis built a new downtown stadium, called the Target Center, and it's just a nasty mall and arcade with tacky restaurants, connected to the sports arena. Except for one upscale, hip hotel sort of stuck in there somewhere. Teenage gangster drug dealers hanging out day and night around the arena, even though most all the rest of downtown Minneapolis has had a huge revival and is doing great. The Target Center is now the only spot of blight in downtown Minneapolis. Look at the MSQ area; they have nothing, nowhere to eat at all. MSQ is the grossest part of Manhattan.

Posted by: Anonymous at February 25, 2007 11:20 AM

Times Square a/k/a Disneyland is pretty gross, too, with its shopping mall restauruants and suburban chains -- why any tourist would come to see that is beyond me -- looks just like the rest of suburban America, just a whole lot bigger and more crowded -- they could have stayed home if they wanted to eat at Red Lobster or the Olive Garden, or shop for sneakers or sporting goods. I avoid that area at all costs. AY would combine the worst of both.

Posted by: babs at February 25, 2007 11:43 AM

279 broker stood us up.
Building needed a lot of work from the outside -- stoop is crumbling, water damage under the bluestone, etc.

Posted by: Anonymous at February 25, 2007 4:01 PM

MPLS Target Center is a fine example of why AY is going to be a super bomb.

Posted by: WildlyAwesomeAnon at February 26, 2007 1:27 AM

279 Clermont a no show. Nobody there. Flateau didn't answer calls. Shabby looking lobby, painted high gloss medium brown trim on everything in lobby and ground floor, grated door/lobby area filled with trash. Initial impressions from picture and knowledge of street pretty right on. On top of that, you have a disorganized broker.

Posted by: donatella at February 26, 2007 10:39 AM

8:07am, who is the idiot? You're the one using 3 exclamation points at the end of every sentence. Not exactly a sign of intelligence or sophistication. Just shows the kind of people who will be attracted to AY and attend games there. Translation = that means Red Lobster and equally tacky Times Square type chain restaurants at AY. Not anything decent. So you've proved our point 8:07am.

Posted by: Anonymous at February 26, 2007 10:39 AM

Clermont's broker's webpages for the listing are terrible, also. What's with using a blurry photo taken from far away, as the only photo? It's laughable.

Posted by: Anonymous at February 26, 2007 10:43 AM

Anon 10:43am, regarding the photo:

Perhaps it was a drive-by.

Posted by: webster at February 26, 2007 10:54 AM

omg, Webster I think you're right! The broker couldn't even be bothered to get out of the car. Hilarious.

Posted by: Anonymous at February 26, 2007 7:23 PM

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February 23, 2007

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