Open House Picks

The house on Clifton Place is in Bed-Stuy, not Clinton Hill. Clinton Hill ends at Classon.

Posted by: guest at September 7, 2007 1:17 PM

Someday this war's gonna end. That'd be just fine with the boys on the boat. They weren't looking for anything more than a way home. Trouble is, I'd been back there, and I knew that it just didn't exist anymore.
Captain Benjamin L. Willard - Apocalypse Now

Keep praying.

The What

Posted by: guest at September 7, 2007 1:19 PM

Do you think the Cobble Hill house is being delivered vacant? Or are there sitting tenants? The price doesn't look too bad for 6,000 square feet (at least according to the standards of the current overvalued market). That is, if delivered vacant and fully renovated.

Posted by: guest at September 7, 2007 1:27 PM

Love the FAR sales pitch for Bainbridge Street. Reads as if that is all there is to recommend about the property.

Posted by: guest at September 7, 2007 1:57 PM

yeah that house is in bed sty not clinton hill.

armchair.

Posted by: guest at September 7, 2007 3:06 PM

To be fair, Corcoran lists the Clifton Pl. property, absurdly overpriced as it is, as being in Bed-Stuy. It's Brownstoner (or the feed) that for some reason has it listed as Clinton Hill.

Posted by: guest at September 7, 2007 3:17 PM

Re Henry Street, I love it, but don't love the fact that it is a 4 family. The $10,000/year in taxes is nuts. I can move to Scarsdale and pay taxes like that if I want to. I would, however, assume that given a $7,500/month rent roll that the 3 units being rented out are not rent controlled/rent stabilized (I realize that they could be, but it seems unlikely given the decent rents). I never understand why brokers are so cagey about these things. Or maybe they don't realize that they come off as cagey when they provide info (such as that there are existing tenants), but don't provide complete info (such as whether those tenants are rent controlled/rent stabilized).

Posted by: guest at September 7, 2007 4:12 PM

I wouldn't say "750 East 21st Street " is a left over loser. It went onto the market a month ago. Just a very tough time to sell a $1m+ property. It is a great house inside, huge and lots of detail tip top shape, corner block. MKG would probably have marketed it for more (she sold it originally).

But, and it is a big one, it is a hike to either newkirk or cortelyou. For the majority of readers this area will not be white enough for them. If someone doesn't like to see that in print then I can rephrase it to say the median income of the very immediate neighbors in the blocks directly around are not compatible with single-owner $1m+ homes, and neither are the local shops. That is the plain truth. Safe, yeah. Just you're kinda a rich pioneer (or is vanguard of the well-to-do midwood re-population army). Only this financial market turmoil may leave your support lines very thin and vulnerable to attack.

Posted by: guest at September 7, 2007 5:00 PM

C'mon Stoner, these prices a nugging futs!

The midwood price is insane. Its a great property, but its on the wrong side of Ocean Ave.

The price for the Clifton Place property. I'm not sure about the joint in your back yard of Clinton Hill, because those renos are very subjective. Personally, I'd rather get something structually sound that's a mess inside and I'd fix it up, verusu the cheap home depot job that most of these flippers provide.

Hey Stoner, can you put up some houses that us working folks, earning under $250k/year can afford?

Posted by: guest at September 7, 2007 5:05 PM

Regarding 414 Henry Street-- I just drove by to check it out. A few comments: it is DIRECTLY across the street from PS 29 (great school, yes, but directly across the street). And more importantly, something is up with the limestone facade as it is all yellowed and stained, not in good shape. I don't know much about limestone, but you'd have to definitely do something to it. Also, does not have the original windows, and it's somehow very obvious.

Posted by: guest at September 7, 2007 5:11 PM

Hey 5:05, I make more than $250k a year and I can't afford these places.

Posted by: guest at September 7, 2007 6:08 PM

The Clifton place is typical of too many properties in Bed-Stuy: over a million and the inside is a piece of shit. Nice photo of the subway station, but the G doesn't go anywhere and the whole north end of the neighborhood is full of projects. These greedy Corocoran types are trying to ride the coattails of the nicer part of the neighborhood (the Fulton end served by the A and C). I know Bed-Stuy has arrived, and middle class people need to get in now, but the neighborhood is huge, and not all of it is "brownstone Brooklyn."

Posted by: guest at September 7, 2007 8:45 PM

Gee, twenty years ago you were considered a nut for buying in Fort Greene because it was ON the A/C/G train lines, a rough neighborhood full of broken down houses and NOT in Manhattan. Now you are considered nuts for buying a Brownstone not near the A and C lines, actually closer to Manhattan on the Northern edge of Bed Stuy (15 minutes to Manhattan over the Williamsburg Bridge) and in the last of the affordable brownstone neighborhoods. Get a grip folks, Bed Stuy is the last chance at an affordable Brownstone. Like it or not, sub prime crisis or not, the days of a 400K brownstone are over.

Posted by: guest at September 7, 2007 9:09 PM

5:11 stop complaining, that's the price of brownstones. Go to another blog if you don't like the prices.

9:09 there's thousands of brownstones for 400k just not in fort greene

Posted by: guest at September 7, 2007 9:37 PM

Beware Clifton Place is for high roller but the place is amazing. I moved 2 months ago to clifton pl from Clinton AV and this is a great block. This house is the second modern reno on the block. I don't particulary like or dislike these rich flks but the rents are going up on the block and I wish to stay around.

Posted by: guest at September 7, 2007 10:49 PM

Carrie M, please get a grip. The house you refer to in Lefferts is nowhere near as nice as any of these and it's in an extremely dangerous neighborhood. My guess is that your earlier post was just a joke, but please realize that people look to this site for sincere, informative thoughts about real estate. Comments like your are just going to waste their time.

Posted by: guest at September 8, 2007 8:24 AM

"there's thousands of brownstones for 400k"

In Baltimore?!?!

Posted by: guest at September 8, 2007 11:31 AM

this website is useless

Posted by: guest at September 8, 2007 12:00 PM

Well, 8:24, not everyone has $2 million for a house in Park Slope or some other upscale neighborhood. In fact most people don't. Therefore, according to people like you, only gazillionaires should even consider ever buying a house in Brooklyn. Quite elitist of you.

See the film, THE LANDLORD by Hal Ashby. His first film. Hilariously, it's about a man who buys a building in 1970 in what was considered then the "black ghetto" of PARK SLOPE, hello! The whole film is full of jokes about gentrification. Like in one scene, he's standing there and something flies through the window. "What's that?" "It's a welcome present" says the realtor, "it's voodoo dust".

Here's the synopsis from imdb:
At the age of twenty-nine, Elgar Enders "runs away" from home. This running away consists of buying a building in a black ghetto in the Park Slope section of Brooklyn. Initially his intention is to evict the black tenants and convert it into a posh flat. But Elgar is not one to be bound by yesterday's urges, and soon he has other thoughts on his mind. He's grown fond of the black tenants and particularly of Fanny, the wife of a black radical; he's maybe fallen in love with Lanie, a mulatto girl; he's lost interest in redecorating his home. Joyce, his mother has not relinquished this interest and in one of the film's most hilarious sequences gives her Master Charge card to Marge, a black tenant and appoints her decorator.

The movie opens at Film Forum sometime soon. Check it out. Anyway back to topic, all those buying houses only in neighborhoods already at top-of-market are hmmmmm, maybe not the ones so wise with their investments!

Posted by: guest at September 8, 2007 12:44 PM

What the hell is the deal with the Bainbridge listing? The broker offhandedly writes that the house "has too many details to list" (yeah, if you're such an amazingly lazy broker you can't be bothered), and then goes into a lengthy tutorial on Floor Area Ratio--which isn't particularly relevant given that the house has already *surpassed* it's allowable buildable area. Sheesh!

Posted by: guest at September 9, 2007 12:26 PM

11:31 try looking in other parts of brooklyn, yes there plenty of houses for that price in other neighborhoods.

Posted by: guest at September 9, 2007 12:43 PM

Thanks for featuring my listing in the Open House pick feature. However, at the owner's request, no open house until 9/15. Private viewings are certainly welcomed before then. As for the FAR description, I have removed the lengthy description. It did seem unnecessary. I have also updated the posting with the details (fire place, claw foot tub, stain glass windows, "built-ins" and sky light). As for the "postage stamp picture", it will be replaced with a clearer shot of house and block. Thanks Jimmy Legs and Guest.

Posted by: guest at September 9, 2007 1:10 PM

RE: 119 Bainbridge
Thanks for featuring my listing in the Open House pick feature. However, at the owner's request, no open house until 9/16, 2-4. Private viewings are certainly welcomed before then. As for the FAR description, I have removed the lengthy description. (What was I thinking?)It did seem unnecessary. I have also updated the posting with the details (fire place, claw foot tub, stain glass windows, "built-ins" and sky light). As for the "postage stamp picture", it will be replaced with a clearer shot of house and block. My apologies Brownstoners. Thanks Jimmy Legs and Guests. Agent Colette Henry.

Posted by: guest at September 9, 2007 5:08 PM

12:43 - There are no brownstones to be had in Brooklyn for 400K. Here's what 400K gets you in Brooklyn: - http://www.fillmore.com/view_details.php?WebID=728007

Note the lovely plywood window treatments.

Posted by: guest at September 9, 2007 7:15 PM

haha 1970?

ok so 37 years later its worth millions.

sounds like he should have bought in the upper west side.

Posted by: guest at September 9, 2007 9:40 PM

i'll say it again, this website is useless

Posted by: guest at September 10, 2007 6:49 AM