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February 16, 2007
Open House Picks
Park Slope
43 Park Place
Aguayo & Huebener
Sunday 12-2
$1,800,000
GMAP P*Shark
Williamsburg
331 South 1st Street
Douglas Elliman
Sunday 12-2
$1,550,000
GMAP P*Shark
Lefferts Manor
62 Midwood Street Archive!
Brown Harris Stevens
Sunday 1-3
$1,375,000
GMAP P*Shark
Crown Heights
1300 Carroll Street
Corcoran
Sunday 12-1:30
$899,000
GMAP P*Shark
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Comments
What in heaven's name is the deal with 62 Midwood?! That house was on the market almost all last year before finally selling. And now it's back on the market again? Does anyone know what's going on?
Posted by: west at February 16, 2007 12:30 PM
Re: 62 Midwood, new listing seems to show all the same furniture and rugs in the archived photos, plus the price is nearly identical. Are you sure it ever really sold?
Posted by: Kingston at February 16, 2007 12:41 PM
I was finally going to look at it but the listing said "Contract Signed". Maybe it fell through...
Posted by: west at February 16, 2007 12:43 PM
I went to the archive. I was thinking of the house just down the street. I see now that this was just A & H listing that BHS has now.
Posted by: west at February 16, 2007 12:46 PM
62 midwood came on the market in July /August and never sold or went to contract. I think people are confusing it with 68 Midwood, which came on the market in June (at 1.6M) and sold in Sept/Oct/Nov (for 1.4M).
62 is very nice, but not nearly as nice as 68 (I've seen both). So, in comparison to 68's selling price, it seems overpriced by about 200K. Which is probably why it hasn't sold.
Posted by: Anonymous at February 16, 2007 12:48 PM
12:53--I bet the 62 Midwood owners are regretting that now!! That was probably back when they thought 68 Midwood would sell for at least 1.5. Since 68 sold for 200K under asking, they certainly should have adjusted their expectations.
Posted by: Anonymous at February 16, 2007 1:08 PM
68 was a bit nicer in details bu i like 62 better because it has less "granny" appeal.
Posted by: Anonymous at February 16, 2007 1:10 PM
68 Midwood sold for $1.425 according to property shark http://propertyshark.com/mason/Reports/showsection.html?ctl=3-05034-0034
But I'm sure they don't regret NOT selling for $1.2
Posted by: NewStoner at February 16, 2007 1:43 PM
last year, when A&H had the listing, it was offered at $1.325 million. why the price increase?
Posted by: Anonymous at February 16, 2007 1:53 PM
1:10; that's interesting. I thought 68 midwood was far superior to 62 on every level--general conditon, renovations, details. But that just goes to show how personal real estate is. I would think that 1.2 is the best 62 midwood could expect, but who knows...
Posted by: Anonymous at February 16, 2007 1:54 PM
New Stoner--the 1.2 offer was for 62 midwood, which is still on the market at 1.375 (and I bet they do regret not taking 1.2).
68 midwood was asking 1.6--I wrote that it had sold for 1.4, but I evidently was 25K under.
Posted by: Anonymous at February 16, 2007 1:57 PM
Anon @ 1:57 My point is you're making a huge assumption that the current owner "NEEDS" to sell his place at all cost. If he regretted not taking the $1.2 offer, why not price it at $1.2? He obviously raised the price, which tells me he still doesn't regret not taking $1.2. On the contrary, he seems to regret not pricing it higher, which he now has done.
Now, whether or not he gets it? Who knows. I sure wouldn't give it to him.
Posted by: NewStoner at February 16, 2007 2:19 PM
Can someone please explain the floorplan of 62 Midwood to me? How can there be a skylight on the 3rd floor when it's underneath the 4th floor bedroom? Or, is the skylight in the bowed area...?
Posted by: Emily at February 16, 2007 2:20 PM
Got a nice chuckle out of 1300 Carroll. Is there a reason why someone would pay 900K to live in "prime" crown heights, when you can get a virtually identical limestone in a decent neighborhood like Bay Ridge for much less?
I mean, don't clean, quiet streets, good schools, low crime, and nice restaurants count for anything anymore?
Posted by: Anonymous at February 16, 2007 2:41 PM
Please don't stop the comments here. The one lesson that I've learned from raising children is that if you give in to their rotten behavior, they think they can have won and get away with it forever.
Posted by: west at February 16, 2007 2:41 PM
dont take the bait
Posted by: what bubble? at February 16, 2007 2:55 PM
it's all the same person...
in any case, williamsburg looks interesting if only b/c its 25' wide
Posted by: what bubble? at February 16, 2007 2:59 PM
This post:
"Got a nice chuckle out of 1300 Carroll. Is there a reason why someone would pay 900K to live in "prime" crown heights, when you can get a virtually identical limestone in a decent neighborhood like Bay Ridge for much less?
I mean, don't clean, quiet streets, good schools, low crime, and nice restaurants count for anything anymore?"
...Makes me laugh.. I would definitely choose Crown Heights over Bay Ridge... (and I am white, just in case you want to say something nasty) And all the places I have seen there are much better than some of the trashy stuff I have seen in Bay Ridge.. Bay Ridge is cheesy to me.. alas I don't think I can even afford Crown Heights.
Posted by: Brownstonerwannabe at February 16, 2007 3:15 PM
Re: The Crown Heights House. This really is in a nice part of Crown Heights, and despite the fact that the house is a bit small, having only three levels, the premium is for the location. Also, private parking in back via an alley is a nice feature.
Posted by: Hal at February 16, 2007 3:15 PM
Maybe just limit comments to 50 characters.
Posted by: Anonymous at February 16, 2007 3:43 PM
re: Williamsburg - that's seems like a hell of a lot of $$ for a house on the other side of the BQE and looking over a not very active car wash. Plus its a 5-family - what are the tenants paying now? The center stairway gives it a bizarro floorplan. How small are those units (and is the "owner" unit really 1250 sf?).
Posted by: Halden at February 16, 2007 4:00 PM
HEY MR B: THINK IT'S TIME TO UPGRADE YOU SITE SO THAT YOU CAN TRACK EVEN ANONYMOUS AND ANNOYING POSTERS BY THEIR URL AND BLOCK THEM FROM ENTERING...DONT YOU THINK?
Posted by: what bubble? at February 16, 2007 4:09 PM
what an idiot
Posted by: eletricgreek at February 16, 2007 4:45 PM
In spite of the incredibly infantile behavior shown above...
The skylight in 62 Midwood is on the third floor as the term is used in NYC real estate: ground, parlor, second, third. I don't like it, but that is the way it is. The terminology that is; the skylight is large, faces north, and illuminates a very large and lovely room.
Posted by: Gary at February 16, 2007 5:22 PM
Okay, everyone. A little experiment over the weekend. Since we can't be at our desk all day long on Saturdays and Sundays we've set it up so if you don't have a TypeKey account, we have to approve your comment before it will post; if you have a TypeKey account, you can fire away unimpeded.
Posted by: brownstoner at February 16, 2007 7:41 PM
you should do it were everyone posting must use the typekey thingamajig
Posted by: eletricgreek at February 16, 2007 7:43 PM
why do i need a typekey? why dont people just ignore the ignorant comments.
Posted by: Anonymous at February 16, 2007 8:58 PM
Why require the TypeKey? Because the ignorant comments detract attention from the substantive comments on the site. If you haven't been on a thread for a while and come back to see a host of nonsense comments, you have to scroll through all the garbage to find the serious comments. Who has the time? It's a big deterrent.
Posted by: Team TypeKey at February 17, 2007 6:52 AM
Mr. B, I think in the long run requiring a typekey will make the site much more valuable to everyone who visits...
Posted by: Brownstone Dreamin at February 17, 2007 8:21 AM
What do you mean Brownstoner Dreamin? The problem we're having right now is trolling. How is typekey going to stop that? Anyone can get a typekey identity, even trolls, and it can be anything you want it to be. That said, typekey does have some real logistical benefits for many websites. But if you rely on typekey to ward off trolls you're going to be disappointed. In fact, because typekey allows you to choose whatever display name you want, it could work to the advantage of a troll who is out to impersonate other posters.
Posted by: Ben at February 17, 2007 8:52 AM
Not true. You can't highjack other users names in TypeKey. It's also easy to ban someone in Typekey and having to re-sign up every time he wanted to post would be prohibitively time-consuming, even for a sociopath like the one who's lurking around Brownstoner.
Posted by: brownstoner at February 17, 2007 9:06 AM
We went to the 62 Midwood Open House -- or the first since it went back on the market -- a couple of weeks ago. The floorplan is wrong: the skylight is on the top floor, whether you want to call it the fourth or third floor. The four-story houses on that first block of Midwood vary a lot in terms of the condition they're in. This one seems not to have ever had as much original detail as houses like 68, but the detail it does have is in pretty good shape (although unfortunately some of it, like the mirror in the foyer, has been painted white). It needs some updating, to be sure -- kitchen, bathroom, etc -- and it has forced air heating, but there's not much you'd need to do right away, and has other nice touches that aren't shown like a skylight in the top floor bathroom and in the stairwell. The layout as is is a little weird, too, which some people will like b/c it offers flexibility.
As far as pricing, I can't tell what would make sense here. You could probably get this up to 62's shape pretty easily with $100,000(ish). It's just a question as to whether they'll go $50,000 below asking.
(Also, what's the deal with the A&H Lefferts listings? They seem to have had a bunch of these, lowered the prices, and now BHS has picked up a bunch of them. As recently as three weeks ago, A&H still had this on their site and said it was going back on the market in January; now it's been taken off and is just on BHS.)
Posted by: prosperpark at February 17, 2007 9:49 AM
You can't hijack someone else's member name, but you *can* hijack someone else's display name...and the display name is the only thing people are going to see on a blog like this. Typekey has many merits, but blocking trolls is not one of them.
Posted by: Ben at February 17, 2007 10:03 AM
There's no quick fix IMO. Thwarting malicious posters will require a number of different steps including making it as difficult as possible for them to post (a half measure, at best), making it impossible (or at least VERY difficult) for them to spoof the IDs of regular posters, and (since they're clever SOBs) the liberal use of the "ultimate" weapon--the delete button at Mr. B's fingertips.
Posted by: Bob Marvin at February 17, 2007 12:58 PM
I don't think the troll has an agenda. I think he's just going after people he doesn't like. If you look back in the archives, he goes after people like CHP, Bx2Bklyn and Ed. Let's face it, these folks have their virtues, but they behave like jackals on this board. On the other hand, there's Bob Marvin: courteous, polite, a poster boy for PLG, and never--so far as I can tell--the direct target of the troll.
I suppose this little theory doesn't have the 'glam' that some others do, but I reckon it's none the worse for that!
Posted by: Anonymous at February 17, 2007 3:53 PM
Well, the troll hasn't (except for one veiled threat) made me his target, but he does have a thing about my neighborhood and (I think) reacts to my postings. AFAIK he made CHP and Bx2Bklyn targets only after they defended PLG (even though they live in CHN). Neither of these people can be said to have behaved badly IMO (although SOMEONE, using their spoofed IDs sure has). I've met both of them (at an opening of one of my photography shows last Spring). My impression is that they are thoughtful, intelligent, well spoken people and ,I assume, that their REAL posts reflect this. Ed too has defended PLG, making himself a target, although IMO his comments have (sometimes) been kind of hard to take. Perhaps "fixation" might be a better word than "agenda" to describe out trolls motivation. However, for my part, I'm sick of trying to understand him.
Posted by: Bob Marvin at February 17, 2007 5:17 PM
This is so hillarious; you can't say anything negative on this board about the ridiculously stupid prices in the crime infested crown heights/bed sty on this board. Why or why is that? Maybe you people should get your heads out of your rear ends.
Posted by: crownheightssux at February 17, 2007 8:49 PM
chs,
If any particular neighborhood ain't your cup of tea, then why dwell on it?
Things will either sell there or not.
Market's bigger than any one voice (and even this site, believe it or not...), and so flame-baiting here does little to
accomplish anything or contribute to substantive discussion here.
Heck...where I live in Cobble Hill or nearby in Brooklyn Heights, Carroll Gardens, Boerum Hill or Park Slope, whatever...even the supposedly more prime areas have plenty of crime to go around.
Just a fact of life of living in NYC.
So, um, next topic?
Posted by: webster at February 18, 2007 12:24 AM
Crown Heights(the Jackal) Proud here. Thanks for the laugh, 3:53.
Not your intention, I'm sure.
Have a nice weekend.
(Cue manaical laughter.)
Bob, you remain a saint!
Posted by: Crown Heights Proud at February 18, 2007 12:27 AM
62 Midwood is NOT overpricd by $200K. That would mean it is worth $1.175M which is insane for a house that size and quality on one of the best blocks of Lefferts Manor.
Posted by: Anonymous at February 18, 2007 10:17 AM
the wburg house is between rodney and keap - practically under the highway, in what is probably the ugliest little bit of the hood. the game just keeps getting sillier.
Posted by: suzy at February 18, 2007 10:29 AM
That WILLIAMSBURG house on the wrong side of the BQE sold for around $950K two years ago, its a complete landlord reno with new drywall and configs. Its a way weird layout. The house was a total SLUM two years ago with insanely high rents. Its also across the street from a drug/alcohol rehab center, about 3 houses in from the BQE ramp and all its noise and traffic. Maybe $1.2m its a good price. But that price is ridiculous!!! South 1st isnt like Filmore Place or prime BBurg. Its a strip surrounded by low income housing!
Posted by: anon at February 18, 2007 10:39 AM
I wish we could stop having pointless arguements about advertised house prices.......it is perfectly rational to advertise a house for 10-20% above the final transaction price as this "anchors" potential buyers......only when a house sells does the price have any meaning.
Posted by: guest at February 18, 2007 11:46 AM
Let's all understand one thing here. ALL houses vary in condition, style and amenities, not just the 4-story ones in LM but BH, PS, CH, BH, CHTS, BS. I've seen both 62 and 68 and IMO they both need some updating. At 68 the woodwork has been beautifully restored but there is no significant renovation work that would make it more outstanding than most properties, it's the details. Even though the EIK was updated...it still has an overdone 80's appeal as do the bathrooms. I'd have to put about 75k to make it my dream house and about 100k to bring 62 to "knockout" level.
Posted by: Anonymous at February 18, 2007 12:05 PM
Crown Heights -Very Important!
There has been a house on the same block, with the same asking price - that has been siting there for almost two year with no takers!!!
Good luck on them getting even close to their "chazerish" asking price of 900k
Posted by: Crown Heights Realatorian at February 18, 2007 2:24 PM
anon 10:39
i live about a block away from the Williamsburg building and went to the corcoran open house 2 years ago. it had a great rent roll for the price back then (899?), although since it's a 5 family (being used as a 4) the financing options aren't that great.
anyway, the fact is was half a block from the BQE, a car wash (perhaps soon to be condos) and a halfway house on the corner turned me off.
i wouldn't go as far as saying it's surround by low-income housing. the lofts around the block in 425 keap have tenants paying $3000-4000, and the 30 unit building across the street is becoming "luxury" rentals from treetop development. the rest of the houses are just regular row houses.
despite it not being "prime BBurg" it is very convenient to transportation - G/L 4 blocks away, and JMZ about 4 blocks the opposite direction.
also, grand street on the "wrong side" of the BQE has a lot of potential - the hipster restaurants and bars have already starting taking hold.
Posted by: Anonymous at February 18, 2007 3:53 PM
The other Crown Hts home that is on the Carroll St Block has not been on the market for 2 years. It was on the about a year ago. It went into contract at that time. Then the seller backed out of the transaction. It was then pulled off the market for a long period. It just came on the market again in mid- January.
Posted by: Crown Hts Bkr at February 19, 2007 9:00 PM
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