Residential Sales in Brooklyn

if you knew anything about listings/apts/condos in area for past 10 years... you would immediate know large sq footage, duplex, garden, 1 bedroom means "a lower level called rec space" not "weird".

Posted by: Anonymous at June 20, 2007 2:06 PM

Why do you have to have such attitude, 2:06? 1:24 was just asking an innocent question.

Posted by: Anonymous at June 20, 2007 2:43 PM

Okay, what's up with the 1-day-on-the-market-all-cash-deal deal? Is this location and this house such a hot value that it just got swept off the market in a NY second? Or are there other factors involved? (I know there's one area in Brooklyn where all the houses within walking distance of a certain synagogue are incredibly expensive and sought after . . . is this that area?)

Posted by: Anonymous at June 20, 2007 3:07 PM

dimas house to anon 3:07

No. Just an impeccable house. I live in the neighborhood and have seen it. Flippin' Gorgeous.

Buyers according to "The Real Deal" articles cited, cashed out on a place in Manhattan and grabbed this gem.

Posted by: Anonymous at June 20, 2007 3:35 PM

3:07...

This house is not really in the area you discuss, though it's not terribly far. The East 17th Street house sold as it did because it is a beautiful home in totally pristine condition in a beautiful neighborhood. Not sure it's a "value" but I am sure that it's the type of house that a particular kind of buyer (one looking for space and details) would not hesitate to purchase- especially given trend of prices in Victorian Flatbush.

Posted by: Anonymous at June 20, 2007 3:39 PM

Thanks, 3:35 & 3:39. That's what I was hoping to hear. Once in a while, a house comes along that makes people do the craziest things, and it's a pleasure to know that those houses -- and those crazies -- are around.

Posted by: Anonymous at June 20, 2007 3:58 PM

Houses like this - the whole package, spacious, details, new systems, high end, tasteful renovations, fabulous, landmarked block, don't come up very often. I'm betting MKG had a list of people waiting for exactly this place.

This is the most impressive house to come on the market since the Victorian Flatbush market got hot... It's the top of the line... I wouldn't expect to see prices higher to this, unless a Prospect Park South house with this sort of reno comes up... That said, I've heard the house on Buckingham is in contract for close to ask (1.9 down from 2.3 million), and although it's a lovely home, it doesn't have this sort of reno, so who knows...

Posted by: Anonymous at June 20, 2007 4:02 PM

So was the previous owner a flipper? The renovation seems too high end for that. But if they weren't just flipping the house, why would they move in, do all that work, then move out a year or two later?

Another guestion: it sold just under asking price. Why would a seller sell to the first offer (at least on the first day)? Is it because it was an all-cash offer? Is that a way more attractive deal than getting 50Gs more -- or above asking?

Just curious.

Posted by: Anonymous at June 20, 2007 4:16 PM

I believe that the poster who used the term "Flippin' Gorgeous" did not intend to imply that the house was a flip job, but rather was trying to avoid the expletive that the beauty of this house probably warrants. So no, not a traditional flip job at all.

And if someone offered me an all-cash deal at pretty much ask, I'd take it in a heartbeat. So much easier to get to close without all the bank hassles.

Posted by: Anonymous at June 20, 2007 4:39 PM

Don't sell Brenda. You are one of my favorite neighborhood fixtures due to this board, and I don't even know you. I have lived in the neighborhood for only about 2 years and almost every time I finally lure one of my Manhattan friends out to visit, I can't get them to leave and they start checking the neighborhood listings. It has come to the point that friends of friends are trying to get invites because they want to check it out. My friends from Manhattan are, however, lazy like myself so I think the houses in this neighborhood that have been fixed up (like this one) are going to go for a premium. I'm thinking about fixing mine up (but only to make them envious -I am now a lifer in this neighborhood).

Posted by: Anonymous at June 20, 2007 5:34 PM

This house is absolutely gorgeous! I know that there are other homes in the neighborhood that could go for similar prices, if and I do say IF, the current owners take the time, effort and money to make the necessary renovations and repairs. I saw the house on the corner of Ditmas and I think it was E 17th a couple of years ago on the tour and it was even more immaculate than this house. That one could easily go for over 2 million.

Posted by: Anonymous at June 20, 2007 8:45 PM

I remember that house. It's great and would get top dollar, but it's a different aesthetic. This one's a bit more traditional. However, that Ditmas house had the most beautiful glass... It was narrative, with scenes from some sort of Chinese procession... Truly one of a kind.

Posted by: Anonymous at June 20, 2007 9:47 PM

I just found this, and although it looks like it needs some serious updating (ie. financial investment), it does make for some great dreaming.

http://www.brooklynproperties.com/house126.htm

Posted by: Anonymous at June 21, 2007 7:39 AM

I was in this house. They held an open house during the Flatbush House Tour a few weeks ago. Needs a lot of updating, and I would bet new systems, so we're talking alot of money, especially as this is a pretty large house.

I think it would need (based on my own reno in the nabe) 500-700K, no joke. This house is BIG. So the price as is is too high. Plus it's in Beverley Square East, which does have some nice blocks, but overall has traditionally been one of the less desirably Victorian Flatbush neighborhoods. I think the house should be about 1.1 as is.

Posted by: Anonymous at June 21, 2007 10:49 AM

11:44-
I think 10:49 is referring to the link posted by 7:39.

Posted by: Anonymous at June 21, 2007 12:17 PM

Beverley Square East (BSE)is not yet one of the most popular of the Victorian Flatbush nabes but they all at one point were not that popular. BSE has beuatiful homes and E 17th is one of the nicer blocks. The whole point is to get in before your priced out. The BSE house is overpriced IMO but not by much. This house could be renovated nicely with 200K because the woodwork appears to be in great condition. I renovated my Victorian Flatbush home including plumbing and electrical upgrades and it did not cost 500-700K.

Posted by: Anonymous at June 21, 2007 8:05 PM

PS 139 is not a decent public school?

Posted by: Anonymous at June 22, 2007 1:35 AM

Yes it is and its getting better and not because more white children are enrolling but because more of the surrounding homeowners are starting to enroll their children. It has two "mini-schools" Most of the children of the homeowners enroll in the "Brotherhood Academy." The apartment dwellers get put in the "Flatbush Academy" The school has many great programs and a great afterschool program as well.

Posted by: Anonymous at June 22, 2007 8:16 PM