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April 15, 2008

House of the Day: 614 2nd Street

614-2nd-Street-Brooklyn-0408.jpg
Someone obviously spent a lot of dough fixing up the five-story limestone house at 614 2nd Street in Park Slope. The question is whether they'll get their money back now that they are trying to sell the place. We wouldn't bet on it, as the $3,900,000 price tag is a good 20 to 25 percent more than your run-of-the-mill nice brownstone in the area. Of course, this 4,500-square-foot place is more eye-popping than the competition, but despite having some wonderful old detail, the whole thing feels a little overdone to our eye. (We're loving that master dressing room-with-sink though. Yum.) Anyway, if they get their price, it will be a great vote of confidence for the brownstone market. We shall see.
614 2nd Street [Corcoran] GMAP P*Shark




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Comments

Nice house..way over priced.

Posted by: guest at April 15, 2008 1:40 PM

Wow, this place is effin' gorgeous! Strange how there are no pictures of the kitchen, though; and it's a pity the sizable interior square footage is at the expense of having a postage stamp-sized garden. Can a price even be put on all that original millwork? My guess is that this is one of those special properties that will find a buyer sufficiently entranced to pay the asking.

Posted by: johnife at April 15, 2008 1:48 PM

Beautiful house. But overpriced. It's not even 20' wide and has no yard.

590 2nd Street, a very similar property in size and original detail, and just a few houses over, started out at $3.2 million in November, and is currently at $2.995. They continue to have open houses.

Posted by: guest at April 15, 2008 1:51 PM

The detail appears to be stunning. 3.9M stunning, I am not so sure.

And what is up with the Corcoran web site's photos? Every listing I have looked at, the photos are of terrible quality. The Corcoran Group (oh, how elegant they are) should throw some money into a web site that doesn't suck. And pay a freaking photographer to shoot the interiors—not a Crackberry broker with a $150 digital camera.

Posted by: Fjorder at April 15, 2008 2:07 PM

Beauty is costly. Clearly priced to the limit, it would be very hard to duplicate at any cost. I hope they get it.

Posted by: LM at April 15, 2008 2:14 PM

This house looks pretty gorgeous to me. That ceiling!

Posted by: Mrs. Limestone at April 15, 2008 2:25 PM

Wait!
This is Cororan?
This is in Carroll Gardens?

This place could go for 12.3 mil.

Fuhgeddaboudit!

Posted by: guest at April 15, 2008 2:35 PM

Hey 2:07 - you a disheartened broker?

Posted by: guest at April 15, 2008 2:43 PM

That ceiling! It's the same exact one in 590 2nd Street (BHS listing) and that house is still on the market after having been reduced from $3.2 to $2.9.

Posted by: guest at April 15, 2008 2:48 PM

2:07 congrats on the stock answer of the thread. most def not a broker nor would I ever in my lifetime buy/sell a home via a broker. I found my amazing apt for sale on craig's list. and when i sell you can damn well be sure I'll list there as well.

Posted by: Fjorder at April 15, 2008 2:50 PM

I think they can ask whatever they want for details like that.

Posted by: Argyle Road at April 15, 2008 3:10 PM

Hmmm, been away for a few weeks but the comments don't seem to be like what they used to be,....

Anyway, too rich for me. Once the layoffs come the price will drop.

Posted by: guest at April 15, 2008 3:14 PM

Gorgeous detail! The built-ins especially, are wonderful. (All mine are gone, so I get wispy over intact interiors.) Stained glass, coffered ceilings, wow.

This is one of those special places that goes against conventional pricing, comps, etc. It only takes one well heeled period home lover, and it'll be gone.

Posted by: Montrose Morris at April 15, 2008 3:20 PM

I don't know what the price will be, but someone is going to want to own that house.

Posted by: guest at April 15, 2008 3:24 PM

3.9 million? That's only 500 Euro!!

I'll take two!!


Posted by: guest at April 15, 2008 3:53 PM

$3.9 million for a gut job?!

No way, no how.

:-)

Posted by: guest at April 15, 2008 4:49 PM

i saw this house today, it really is amazing, all the mechanicals are updated it is in excellent shape which is hard to find in some of these old guys that are heavy with detail.

Posted by: guest at April 15, 2008 5:07 PM

No question that the detail is exquisite. But the layout is unfortunate, with that tiny kitchen and tiny garden.

Posted by: Park Sloper at April 15, 2008 5:07 PM

There's a house with intact passthroughs and great wood detail for sale in the North Slope. Maybe on Sterling. It was gorgeous, but for me the yard was too small like this one. I saw it at a little under $3M and it has had price cuts. Clearly these features are not worth this much regardless of how beautiful they are.

Posted by: guest at April 15, 2008 5:14 PM

If you own a house like this, you have a country or beach house somewhere where you can have a big garden to play in. Trust me.

Lots of people do not live in the city to get their fingers dirty. They will be fine with the small garden for a cup of tea in the afternoon.

Posted by: guest at April 15, 2008 5:16 PM

There is a house for sale (TOTAL FIXER) on Berkeley Place between 7th and 8th. The sign went up yesterday and although I don't see it on the website, it is being listed by a woman who works for prudential elliman.

I bet it's a "deal" Needs a LOT of work, from what I can tell from the outside.

But the location doesn't get much better, in my opinion.

Posted by: guest at April 15, 2008 5:19 PM

Shave off a million and you're getting warmer.

Posted by: guest at April 15, 2008 5:43 PM

5:16 I disagree. I want a house like this and can and will buy one when I find one without the extensions messing with my yard. Clearly, since the other isn't selling and this one won't at this price, I'll be able to save some money for my yard. It's overpriced.

Posted by: guest at April 15, 2008 5:45 PM

5:16 I disagree. I want a house like this and can and will buy one when I find one without the extensions messing with my yard. Clearly, since the other isn't selling and this one won't at this price, I'll be able to save some money for my yard. It's overpriced.

Posted by: guest at April 15, 2008 5:52 PM

Does anyone know whether this kind of extension was original to the house, or whether it was added later?

Posted by: guest at April 15, 2008 6:01 PM

I'm sorry, are they really asking $4million for a house with an owner's unit that has only two bathrooms and a kitchen that's half the size of the kitchen in the garden apartment??? Wow, Neinast is taking her crazy pills again. Can someone tell me why people keep hiring her, because I'm not getting it? That place she had on 6th Ave last year was totally mispriced and sat and sat for months in a strong market.

Posted by: guest at April 15, 2008 6:21 PM

This house will be worth $5 million in ten years.

Posted by: guest at April 15, 2008 6:48 PM

Here's the point re corco's pricing: In Manhattan, this is a $10 million property, at least, and it would be somewhere on the UES. So if you want a gorgeous gingerbready brownstone in a mostly safe neighborhood, but Manhattan is too rich, this is your best bet. Maybe there's a few like this in BH, but most I've seen there are smaller.

I'm discounting every other neighborhood in brownstone Brooklyn, because they're not likely to appeal to my fictitious buyer.

Posted by: guest at April 15, 2008 10:29 PM

I'm with 5:45 on this one. We too have been looking in PS, Ft. G and CH for a long time and are ready and willing to buy. In fact, put an over-ask offer on that house on Adelphi back in February. Didn't get it. Obviously. Wept for a week.

Anyway, we were also interested in the other house on 2nd street, which has been on the market for several months (has been reduced to 2.995) and which looks mightily similar to this one, but ultimately lost our love for it because of a very narrow kitchen which ate into the entire backyard. That and the fact that much work was needed in updating all of the bathrooms and said kitchen.

When I saw this new listing with Corcoran I was stunned at the list price. Cannot imagine what anyone - owner or broker - could be thinking. NO amount of gingerbread-y woodwork or "original details" is worth a million bucks. Nope. We won't even think about looking at this one until it gets a haircut of some three quarters of a mill.

Posted by: Nokilissa at April 15, 2008 10:55 PM

I've been in this house and there is no garden apartment -- the kitchen is on the lower level (see last picture on corcoran site). The 'tiny' kitchen on the parlor floor is just an extra kitchen to prepare food. Admitedly, pretty old school...but this is a place for entertaining; not really your ordinary family house.

Posted by: guest at April 15, 2008 11:46 PM

know this house, its on my block, there is a garden apt. and like all the houses on south side of 2nd, it has the original HUGE kitchen on the garden. exterior looks better than this photo, i think.

Posted by: guest at April 16, 2008 12:05 AM

know this house, its on my block, there is a garden apt. and like all the houses on south side of 2nd, it has the original HUGE kitchen on the garden. exterior looks better than this photo, i think.

Posted by: guest at April 16, 2008 12:05 AM

know this house, its on my block, there is a garden apt. and like all the houses on south side of 2nd, it has the original HUGE kitchen on the garden. exterior looks better than this photo, i think.

Posted by: guest at April 16, 2008 12:05 AM

Well, good luck to them. Pretty exterior, entertainment kitchenette on parlor floor...whatever. Not worth FOUR MILL!

Posted by: Nokilissa at April 16, 2008 1:04 AM

3.9mil?? And it's not even leather!

Posted by: guest at April 16, 2008 12:26 PM

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