« Small Fire at 380 Clinton Avenue BKLYN Designs 2008 Kicks Off »

May 9, 2008

Open House Picks

housePark Slope
112 St. Marks Place
Edie & Inga
Sunday 12-3
$1,500,000
GMAP P*Shark

houseProspect Lefferts Gardens
74 Lincoln Road
Brown Harris Stevens
Sunday 1-3
$1,395,000
GMAP P*Shark

houseDitmas Park
47 Marlborough Road
Corcoran
Sunday 2:30-4:30
$1,049,000
GMAP P*Shark

houseClinton Hill
50 Putnam Avenue
Mark David
Sunday 1-1:45
$850,000
GMAP P*Shark




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Comments

Love, Love, Love PLG. Not familiar with the area. Price?

Posted by: guest at May 9, 2008 1:20 PM

"This evocative Damsel in Distress, will leave you overwhelmed with it's possibilities."

that's some top-notch writing by the broker for the "putman avenue" house.

Posted by: z at May 9, 2008 1:20 PM

The prose in the Putnam listing is so purple it's entered the realm of puce.

Posted by: johnife at May 9, 2008 1:20 PM

I admit I don't know Ch as much as other nabes but that place on Putnam is either:

1. Falling apart
2. Ghetto block
or
3. The underpriced deal of 2008

?

Posted by: guest at May 9, 2008 1:23 PM

not much to pick from this week.

inventory that low??

Posted by: guest at May 9, 2008 1:25 PM

johnife...Putnam prose...what do you expect from a broker who's name sounds like a hair salon!!!!

Posted by: daveinbedstuy at May 9, 2008 1:25 PM

Putnam house is definitely falling apart, definitely one of the less desirable blocks in CH, and probably not underpriced at all.

Posted by: Lothar of the Clinton Hill People at May 9, 2008 1:27 PM

As there are plenty of OH listings in the Times, there is no apparent inventory shortage.

Posted by: guest at May 9, 2008 1:29 PM

Lincoln Place house is absolutely gorgeous.

Montrose Morris

Posted by: guest at May 9, 2008 1:33 PM

Whoops, meant Lincoln ROAD.

Montrose Morris

Posted by: guest at May 9, 2008 1:35 PM

the place on Lincoln road is nice on the inside but the location is the pits.. house on the outside is not very attractive the color is offensive. the house lacks bathrooms and the living space while charming is tight. broker at the OH told me the seller was super negotiable and just make an offer.. I think it will sell just under $1mil... maybe for $1.1 mil.. The market there is oversaturated now. Too many houses and very few buyers that is what happens in a changing market. fringe areas have higher inventory and then things sit..

Posted by: guest at May 9, 2008 1:41 PM

What are the folks at Corcoran going to learn the Brooklyn Neighborhoods. This house is in the Caton Park neighborhood, not Ditmas Park. To get to Ditmas Park one would have to pass through 3 other Victorain Flatbush neighborhoods, Prospect Park South, Beverly Square West and Ditmas Park West.

Posted by: guest at May 9, 2008 1:41 PM

Yup, Montrose Morris, totally agree; with a garage too! If I and my wife were capable of giving up our current 10 minute walk to work (which we are not) I'd be all over that place.

Posted by: johnife at May 9, 2008 1:41 PM

I saw the Lincoln road house and had basically the same reaction as 1:41. Really cute but small rooms and no bathrooms. The block is nice on one side and huge apartments across the street. Feels pretty scuzzy. The realtor also told me that the seller was "flexible" with the price. Compared to other things in Lefferts Manor this seems very overpriced.

The Marlborough Road house looks really nice. what is that block like?

Posted by: guest at May 9, 2008 1:49 PM

1:41: what nabe is the "Ditmas Park" house in, then?

Posted by: Fjorder at May 9, 2008 1:49 PM

the putnam house certainly is BREATHE TAKING.

Posted by: Jimmy Legs at May 9, 2008 1:51 PM

We've established that the Putnam house does, indeed, have an exterior. It has a front, back and two sides, even. My question is how bewitching is, say, the kitchen? Is the bathroom enchanting, as well? The bedrooms...are they as pulchritudinous in reality as they are in my dreams?

A picture's worth a thousand words, Mark. Okay?

And seriously - a 45 minute open house? What's with that?

Posted by: guest at May 9, 2008 1:52 PM

Good day folks!

Montrose Morris, why you don't have your log-in? I find that very strange.

First order of Business Citicorp is planing to sell 400 Billion dollars of their assets.
Citigroup Plans to Shed About $400 Billion of Assets (Update4)
http://www.bloomberg.com/apps/news?pid=20601087&sid=av9LBfQzYsP4&refer=home

I find this very scary. I think they need to raise their capital base. What this has to do with Real Estate? Citicorp just close their wholesale mortgage group and will have to take write downs.

As for the new no swearing rules filter, I think there is more to this. Brownstoner cannot stand dissent among there readers of this Blog! I for one is the biggest enemy of this Blog and will continue to point out the flaws in it!

I think someone should do a story on the Forté Condos, I hear that it's 75% empty. Plus I here plenty of people are trying to break their contracts. This is not hearsay, this is known fact.

I see this Blog has been hijacked by Knuckleheads that spout off garbage and juvenile crap when someone has a different opinion. They post all day long, why they don't have a life? Get out and do something!

As for me I don't need to post 8 Billion times a day. The upcoming Depression will prove we overstepped out boundaries. And out children will pay for our folly. I hope poeple go out and buy 1.4 Million dollar Brownstones in the Ghetto. I hope you but 899k 2 Bedroom Condo. I hope you go and follw the heard into oblivion. They we will see who was right and who was wrong.

But folks, I know one thing....... Someday this war is gonna end... I don't know when but I know it will end!

The What

Someday this war is gonna end...

Posted by: guest at May 9, 2008 1:54 PM

Montrose: How can you stand living with that malodorous poonanner?

Posted by: guest at May 9, 2008 1:57 PM

I'm not sure tha 1:54 is really the What, maybe, maybe not. I think it's ridiculous the Stoner won't allow him to log-in.

That said, Citi maybe selling assets because the bank is too big to manage. This is something that's been discussed for years.

Posted by: Brooklynnative at May 9, 2008 2:00 PM

Whatever happened to the "open houses six months later" feature?

Posted by: guest at May 9, 2008 2:01 PM

Bet the Putnam Ave house sells faster than the PS house.

Posted by: guest at May 9, 2008 2:05 PM

Okay, okay, the Putnam house is on my block (and that is probably worth discounting it by 50k). It is bordered by two renovated and well-maintained houses (neither of which are mine!), and is across the street from a house which was featured in the NYTimes Sketchpad about a year ago (now being renovated by new owners). On the same block are two other recently renovated (not wonderfully) houses for sale, and another in the process of renovation. I would say that on the surface the block - and more importantly the blocks leading down to Fulton at Grand - feels very raw compared to most of Clinton Hill. So it is definitely more for someone who is comfortable in a mixed income, somewhat visually challenged corner rather than the picture-book blocks elsewhere in the neighborhood.

It is around the corner from the Clinton Hill CSA distribution site, Outpost Cafe, Kush, the post office (!), and five minutes from two C stops. You can walk to the Dekalb strip in Fort Greene in 15 minutes, and BAM in 20, etc.

I've toured the house itself, and I would say buyer beware. It has been vacant for about 3 years, and was a rental property for years before. Two years ago the pipes burst and flooded numerous neighbors (including me!). Whatever cosmetic repairs which have been made should not deter you from making close inspection of all systems, with an expectation that you need to replace all systems. Indeed, although the exterior has great bones, and I've spent many a moment fantasizing about how much fun it would be to renovate nicely, it should be treated as a gut.

The house was in probate for a while, but now seems to be controlled by the daughter of the past owner who seems very sensible - perhaps she is willing to negotiate. Given that the condos on Gates and Grand went for over 1 million each in a comparably sized building only three (crucial) blocks away, ti would seem to me that someone could make this work.

Posted by: Putnamdenizen at May 9, 2008 2:05 PM

I'd like to comment more on these open house picks but I'm too busy running around the parlor floor of the Putnam Road house surrendering to my dream of having it all.

WHEEEEEEEEEE!!!!!! I FINALLY HAVE IT ALL !!!!!

Posted by: guest at May 9, 2008 2:06 PM

Brooklynnative, you might be right. While the grammar is poor and spelling suspect, it is nowhere near as atrocious as we've come to expect from The What. Although the Narcissistic grandiosity in "I for one is the biggest enemy of this Blog" does seem eerily authentic.

You're also correct in your observation about Citi. It is way too big and this move may actually be seen as a positive one by its shareholders. Lastly, I also agree The What shouldn't be banned, but don't have any proof other than The What's word (which doesn't mean much to me) that he actually is being banned.

Posted by: Biff Champion at May 9, 2008 2:08 PM

Agree with your Citi assessment. As well the stock is flat today in a market that's off over 1.0%...which doesn't mean a whole hell of a lot.

Posted by: daveinbedstuy at May 9, 2008 2:15 PM

The Marlborough Rd. house is in Caton Park, opposite an elementary school, steps from the Parade Ground. One block away are the grande mansions of the landmarked Prospect Park South neighborhood. Due to the Parade Ground crowd in the summer don't consider it unless there is a driveway.

Posted by: guest at May 9, 2008 2:26 PM

Full disclosure: I know the seller of the Lincoln Road house and have always admired it. Large frame houses aren't all that common in Lefferts Manor--this is the only block that's entirely made up of them (on the south, or LM side). The north side of the block is all apartment houses, except for Grace Reformed church and it's frame rectory (parsonage, whatever). FWIW the apartment houses on the N side are VERY well kept.

Posted by: Bob Marvin at May 9, 2008 2:26 PM

Hey The What,
Since you managed a whole post without swearing, we've re-enabled your log-in. Email us if it doesn't work for you.

Posted by: brownstoner at May 9, 2008 2:42 PM

That Putnam Ave house, even if its in the worst part of Clinton Hill has to be the best priced house I've seen in this nabe in a very long time. See you Vultures in the Open House...

Posted by: guest at May 9, 2008 2:44 PM

"Hey The What,
Since you managed a whole post without swearing, we've re-enabled your log-in. Email us if it doesn't work for you."

It no worky. I emailed you. So we will see.

The What

Someday this war is gonna end...

Plus my IP is still blocked. I will see ya.

Posted by: guest at May 9, 2008 3:02 PM

Brownstoner, can you please send The What's contact information to Adam Sternbergh at New York Magazine? I hear he's been looking to speak with him.

Posted by: Biff Champion at May 9, 2008 3:08 PM

Definitely not The What. "It no worky"? What kind of crap is that lol. True, his grammar sucks, but only immigrants in bad films speak/write like that.

Posted by: guest at May 9, 2008 3:08 PM

that last one was not him...just some Whatnabee

Posted by: daveinbedstuy at May 9, 2008 3:14 PM

Take a look at the interiors of the St. Mark's Place brownstone at Brooklyn Estates and Properties. They are rather enamored of the stairwell, it seems.

Holy moly, that's going to require some reno. Good bones, some good original details, but I'll eat my hat if the boiler, roof, windows, plumbing and electrical all don't need to go. That kitchen...wow. Linoleum. Beige stove. Wood panelling.

Shave a little off the top, please....


Posted by: guest at May 9, 2008 3:18 PM

yes, i have been in the Lincoln road house. that price is totally unrealistic.. I agree maybe $1.1 mil. Seller is totally off this rocker with this price. Who wants to live next to big ugly apartment buildings?? The fact it has a driveway is negated by the apartments. Brown Harris Stevens certainly overpriced this one!!!

Posted by: guest at May 9, 2008 3:40 PM

I would prefer living in a brick or limestone house. What is so great about a house that has to be painted every few years?? Nothing!! The price of the Lincoln house is totally absurb. Another broker giving lip service to a totally insane seller..

Posted by: guest at May 9, 2008 3:44 PM

Bro--you've landed and the shark is behind you (and I guess us). take a deep breath, you'll still be alright myguess. Should've been straight up about pulling the connoley mansion picture cause you realized it wasn't right and you got caugght bloggabating. celebrity you'll be not and lets face it the jordan uma stalker freaked you too.

Since I got laid off recently reading this is no fun fun, and now need to spend my days getting a job, so maybe can read it while I get paid.
Dave in Bedstuy, Biff, the what-- keep it real as you're characters--straight outta central casting (wink, wink, I wont spill it)
And don't try to dish me any sh*t as you all aint superheroes either.

This is over , so see you on the fsbo house tour thang.

Posted by: guest at May 9, 2008 3:49 PM

I sublet an apartment in one of those apartment buildings across from the Lincoln Road house in 1990, and at least at that time, they were not scuzzy or ill-kempt. In fact it was one of the nicest places I've ever lived in New York. True, with all the time I've spent in Williamsburg my standards may not be that high, but that's a really lovely block one block from the subway, park, and stores. If I had that kind of money, I'd be interested.

Posted by: Heather at May 9, 2008 3:58 PM

The Lincoln Road house has great details. I'm jealous! Those houses on that block are huge; I'm not buying the small rooms comment.

Posted by: guest at May 9, 2008 4:30 PM

Is Putnam house consider commercial? current c.o. is 3 family + store. Commerical loan is getting difficult now, especially the house has NO income and needs Gut job.

Posted by: guest at May 9, 2008 4:38 PM

4:30-- Yes, the Lincoln Road house is big and there are lots of rooms--but they're pretty small. According to the floor plan on BHS the living room is 12 by 15, and I can tell you that it felt small. And I guess my standards are just higher than Heather's--the apartment buildings across the street were depressing and it felt too close to Flatbush, which totally grosses me out. I'm sure it's a fine block for someone else.

Posted by: guest at May 9, 2008 4:40 PM

Are you single, Heather?

Posted by: guest at May 9, 2008 4:55 PM

The Caton Park house is more affordable than other houses in Victorian Flatbush because 1) it is in Caton Park, one of the most architecturally muddled of the Victorian Flatbush neighborhoods, 2) it is opposite a school and near the parade grounds 3) it faces several non Victorian homes, or homes that have been disfigured beyond recognition, an 4) although the interior looks great, the exterior needs TONS of work. The columns are disintegrating.

That said, this house is priced right for Victorian Flatbush.

Posted by: guest at May 9, 2008 4:57 PM

Nope, 4:55.

Posted by: Heather at May 9, 2008 5:07 PM

4:40 -- Your tone is nauseating and condescending. Please return to the gated community you drove your SUV out of and leave this discussion to people who love the mix of urban bustle and pre-war grace that is Brooklyn.

Posted by: guest at May 9, 2008 5:09 PM

anyone seen the interior of the st marks pl? no pics on the net :(.

Posted by: armchairwarrior at May 9, 2008 5:14 PM

I LOVE the interior of the Lincoln Road House. When it was built, it was considered more in the spirit of what we now term Victorian Flatbush; in fact, Flatbush, Avenue, Church Avenue and the side streets were all lined with gorgeous wood frame homes, leading right up to Lincoln. As early as 1920 developers started razing them (St. Paul's) in order to put up apt bldgs. I have a fantastic picture of the Lincoln Road houses in PLG taken in about 1910.

Posted by: guest at May 9, 2008 5:14 PM

4:40....5:09 is right...obnoxious.... Besides, when people go look at houses they are usually trading up!! where is it that you're living now???

Posted by: daveinbedstuy at May 9, 2008 5:17 PM

Putnam ave has that "in the shadow of the BQE" look.

Posted by: guest at May 9, 2008 5:22 PM

http://www.brooklynestates.com/SaleHouse-1,499,000.htm

go here, armchairwarrior, for super obnoxious flash presentation of St. Mark's Place house.

interior is a pit


Posted by: guest at May 9, 2008 5:26 PM

Holy Bejesus, Batman St Marks house is rundown in a truly depressing way. Reminds me of that house for sale on Sterling Place (BHS) that's in contract. Park Slope is hot, but I don't even know how good that block is...plus no stoop, and facade renovation alone for $50k (more to put the stoop back). I'd say 1.2, 1.3 even and some scheming developer might go for it, but not for 1.49, no way!

And I do agree, it's weird how much they focused on the stairs...still, in some ways, stairs are among the better features. Whole house just looks sad, grimey, (clear signs of leaky roof, too, even with bad pics)

Posted by: guest at May 9, 2008 5:44 PM

I, 4:40, am living where I have always lived--in park slope. Born here, stayed here for 37 years. Never had a SUV. Live in a lovely floor-through--with big, open rooms, as in all brownstones. I'd like more space, but don't want to live on a scuzzy block looking at apartment buildings and near a ghetto strip of Flatbush. Sorry.

Posted by: guest at May 9, 2008 5:45 PM

The St Mark's Place house is truly a slum. How absurd to ask $1.5m. Also it's a depressing block. The building facades are almost slap up against the sidewalk. No front yards or greenery at all. I walk or ride down here several times a week and have always found the streetscape to be drab and dismal.

Posted by: guest at May 9, 2008 5:52 PM

"leave this discussion to people who love the mix of urban bustle and pre-war grace that is Brooklyn."

I really hate those posters who attack anyone who doesn't want to live in an edgy fringe neighborhood as not being "real" Brooklynites. Lots of us who adore Brownstone Brooklyn have no interest in living in those areas. The poster may have been a bit snotty about it, but there's nothing wrong with what he is saying--those areas are fine for some, but not for many (and probably most) of us.

Posted by: guest at May 9, 2008 5:54 PM

If the Lincoln Road house was in this condition and in DP area (PPS or DP) it would sell for around the $1.8 mark.

Posted by: guest at May 9, 2008 6:02 PM

5:22 "Putnam house has that in the shadow of the BQE look." Huh? Putnam Avenue starts at Fulton Street at Cambridge Place and stretches across Bed Stuy to Bushwick. No where near the BQE. On thing I didn't say earlier was that it stands catty-corner to a block which is to be added to the Clinton Hill Landmark District.

It's funny - when I actually know something about one of the properties it really highlights how superficial and knee-jerk most of the commentary on this site is. Someone calling a block in the North Slope a "slum." Do you even know what a slum is? Snooze...

Posted by: Putnamdenizen at May 9, 2008 6:07 PM

4:40 -- You've gone from nauseating to humorously provincial (not to mention blissfully ignorant). You brag about your Park Slope apartment's "big open rooms, like all Brownstones" when most Brownstones have tiny hall rooms or awkward middle parlors that have to be opened up and added to other rooms to make them workable. And from what I've heard much of your neighborhood was considered a ghetto when you were born there 37 years ago, many of the Brownstones derelict and empty. Your attitude is like an SUV -- needlessly inflated, compensatory and bad for the environment. Sorry.

Posted by: guest at May 9, 2008 6:18 PM

Lincoln Road is where the turnover of the retail strip, including Flatbush, started. The cafe, K-Dog, is on Lincoln Road, as is Enduro. This house is well placed to access the new amenities coming into PLG. The new tower that is being built on Lincoln road (across Flatbush) will house retail the neighborhood has been waiting for. The apts across from this house are very cool prewar buildings that have also been turning over. Your floorthru dweller who posted above has no idea what they are talking about. But then again, I don't find floorthru brownstone apartments airy or big.

Posted by: guest at May 9, 2008 6:23 PM

You both are idots. Park Slope was an amazingly hip wonderful neighborhood when I was a kid--it was a lot smaller, but the center was never a ghetto in any sense. People having been moving to the slope since the early 50's. I know you recent arrivals think it has all happened in 5 years, but your totally wrong. My floor-through has 20 foot ceilings and a 24 by 15 living room. Quite big and open thanks.

Yes the Lincoln house is close to the two new stores on Lincoln, but you have to cross Flatbush to get there. As for the tower having "the retail the neighborhood has been waiting for" last I read on the PLG blog it was going to have either a bank or a grocery store. Nice, but hardly a solution to the areas lack of amenities. Anyway, I like parts of the area--that's why I am looking for houses there. I just don't like this block of Lincoln road and I don't want to be anywhere near Flatbush.

Posted by: guest at May 9, 2008 6:35 PM

You don't realize that a wine store is also going in on that strip. Cafe, restaurant, wine store, bank, grocery. I see this as a very nice solution to a lack of amenities. Especially when they are all one one block.

Posted by: guest at May 9, 2008 6:45 PM

Looked at the St Marks flash site. What a dump! Are those guys on crack?

Posted by: johnife at May 9, 2008 6:45 PM

3:44 thanks for the tip - I had no idea brick and limestone exteriors don't require any maintenance

Posted by: guest at May 9, 2008 6:46 PM

this thread proves that nearly everyone who posts on brownstoner doesn't know their asses from their elbows.

Posted by: guest at May 9, 2008 6:58 PM

Really? You think so, 6:58? I kind of thought this thread was going rather well - only one poster called another poster an idiot, The What showed up for only a brief, rather benign "fwap fwap fwap war's gonna end blah dee bloo" episode, and no one mentioned their d***.

Actually, come to think of it, you're right - this place IS slipping.

Gotta go - off to plunk down 1.5mil on a brownstone in Boerum H- oops, I mean Park Slope - that needs 50K in improvements before it's even habitable. But wait 'til you see the stairwell and the "very" private garden....oh, and they assure me it's "structurally sound", too!

Posted by: guest at May 9, 2008 7:54 PM

You are not going to buy the Lincoln Road for what the neighborhood might become. It is not there yet. If this place was in Ditmas it would be $1.3 in Lefferts possibly $1 mil or $1.1 mil..

Posted by: guest at May 9, 2008 9:16 PM

No, this house in this condition with this much original detail would be over 1.6, possibley 1.8 in Ditmas.

Posted by: guest at May 9, 2008 9:27 PM

Wait, why is crossing Flatbush difficult? You know they do have traffic lights. I believe the road is even paved!

Posted by: Heather at May 9, 2008 9:40 PM

What do you mean "what the neighborhood might become"? the cafe and restaurant are already there!!! The wine store is already there, just not opened yet. The apts are already turning over.

Posted by: guest at May 9, 2008 10:01 PM

One of the Corcoran brokers on the Marlborough Road house is named Autumn Weems. Isn't that a song?

Posted by: GHB at May 9, 2008 11:28 PM

LOL!!!

That rent vs buy calculator link for Putnam was funnier than Eddy Murphy Raw. 3% annual appreciation and comparing only tax-adjusted mortgage payment (w/o maintenance, utilities, etc.) to rent?

They should remove that link right away.

Posted by: guest at May 10, 2008 12:23 AM

"What do you mean "what the neighborhood might become"? the cafe and restaurant are already there!!! The wine store is already there, just not opened yet. The apts are already turning over."

1) a cafe, a restaurant, a wine store, and a (future) grocery store make an acceptable rural strip mall, but they do not make a neighborhood. PLG has a massively long way to go in terms of developing the range and variety of amenities that you find in other areas, even CH or Ditmas.

2) The larger, nicer apartments are "turning over" but the huge number of mid-size apartment buildings on Flatbush are still 99% low-income and section 8 housing. Which is why 99% of the stores in the area are nail salons and calling card stations. And why the area still has major quality of life issues. No number of stores on Lincoln is going to change that. Again, the area has a massively long way to go.

Posted by: guest at May 10, 2008 1:02 AM

Does anyone of this site actually buy and renovate houses? It is EXACTLY houses like the Putnam Avenue house - in horrible shape, on the edge of acceptable location, being sold by a less than smooth realtor which offer the possibility of creating something new and perhaps increasing equity. If you are really looking for a house you should wander around the borderlands between Clinton Hill and Bed-Stuy and jot down the numbers on the for sale signs, many of which are not being marketted by the big name brokers. And for a buyer, isn't that a good thing? Of course many of the sellers have no caryng costs (long-time owners) so may just be content to wait for prices to solidify. But you don't know until you look, do you?

But please, return to your snark-fest.

Posted by: Putnamdenizen at May 10, 2008 7:56 AM

1:02am, you have a massive amount to learn about PLG. All of the buildings you mention are turning over, and nail salons have already started to close. The landlords of those spaces are reaching out to the neighborhood for ideas of what kinds of establishments we'd like to see in the spaces.

Your logic is going to leave you unable to afford PLG by the time you decide it's time to buy there.

Posted by: guest at May 10, 2008 8:29 AM

"The larger, nicer apartments are "turning over" but the huge number of mid-size apartment buildings on Flatbush are still 99% low-income and section 8 housing. Which is why 99% of the stores in the area are nail salons and calling card stations. And why the area still has major quality of life issues. No number of stores on Lincoln is going to change that. Again, the area has a massively long way to go."

And this should change, why? So wealthier people can get a latte more easily? Section 8 and low income people have to live somewhere, and for years, this area was just fine. A gradual change is inevitable, but to act as if the neighborhood is unacceptable until it is rid of low income people is elitist, racist and unrealistic.

Posted by: guest at May 10, 2008 9:34 AM

what a depressing bunch of houses.

Posted by: guest at May 10, 2008 10:31 AM

"Does anyone of this site actually buy and renovate houses? It is EXACTLY houses like the Putnam Avenue house - in horrible shape, on the edge of acceptable location, being sold by a less than smooth realtor which offer the possibility of creating something new and perhaps increasing equity."

I wonder about that, too.

The putnam house even has a driveway. It's a corner lot,too, with a yard. Even if it needs a total gut, I think it's a good deal. And I'd bet the price is negotiable downward.

Posted by: guest at May 10, 2008 10:55 AM

Putnam house is in a rough area and the price reflects it. That is not an area you want to move a family into.

Posted by: guest at May 10, 2008 11:32 AM

People saying the rooms in the Lincoln Road PLG house are small are on crack. The bedrooms are huge. The parlor floor has two smaller living rooms but that's because it's split into a double-parlor. If you ever see one huge living room in this era house it's because a wall has been knocked out. Which means lost details of course. As for bathrooms, each bedroom floor has one, and there is so much closet space you could add 5 more if you wanted. So whatev. It's the most ideal situation to add a parlor level bathroom you ever saw. There's a butlers entrance to the dining room between the kitchen and the DR that is perfect for making into a parlor powder room. You don't have to have it open onto the DR either, it can open onto the kitchen. And you don't lose any of your kitchen space nor your pantry, like the vast majority of houses do adding a powder room.

The apartment building next door really looms over the house when you're looking at the front of the house. But it's amazing how private and quiet the interior and the backyard is despite being next to that big building. I really did not expect that I have to say. The details are ASTOUNDING. The photos don't do it justice. Go and look just for fun. The leaded glass bookcases in the parlor, the leaded glass cabinet built into the fireplace mantel of the formal dining room. Stained glass windows everywhere, in bedrooms and in the 2nd floor bathroom. Cherubs in the original chandeliers and medallions.

I don't know they'll get the full asking price being next to Flatbush sure, but this sure as heck is not going for only a million. That's just some dude posting over and over again who hopes to make a lowball offer and have no competition. He posted 3 times already. Same language and same punctuation and same points over and over.

Posted by: guest at May 10, 2008 12:56 PM

Putnam is overpriced. Almost the exact same house 3 blocks away (also corner, with garage) for $899k fully renovated.

http://newyork.craigslist.org/brk/rfs/675014707.html

Posted by: guest at May 10, 2008 4:39 PM

I don't know the neighborhood, but the razor wire on the fence at Putnam is pretty depresssing.

Posted by: guest at May 10, 2008 4:42 PM

We looked at both neighborhoods of PLG and Ditmas when looking to buy, but good transportation and close proximity to Prospect Park and Park Slope from PLG was more appealing to us than having a handful more amenities in Ditmas. Ditmas has a small commercial stretch on Cortelyou that's cute, but we knew we'd end up going to Park Slope all the time anyway, instead of eating and shopping on Cortelyou every single day.

Posted by: guest at May 10, 2008 5:44 PM

The comparison at 4:39 is interesting - I watched it done, and it is a completely generic no detail gut rehab. The exterior of the Franklin Avenue house has no detail, a weird ass parapet and is three blocks further into Bed-Stuy. But I would agree that it is precisely houses like that which might allow normal people to buy a place. I suspect the buyer would have to do what the buyer of the building across the street from the Putnam Avenue house is doing - regutting the owner's apartment to make it more to their taste. So I'm not sure that the Franklin Avenue house actually would be considered fully renovated by most readers of this site.

The razor wire on the fence is less an expression of the neighborhood (altho it is the worst corner of Clinton Hill) and more a neighbor dispute which predated my arrival on the block. (Someone used another's backyard to pass through construction materials).

Posted by: Putnamdenizen at May 10, 2008 5:48 PM

Anyone check out the Marlborough Rd. house, I really wanted to go but I couldnt make it today?

Posted by: guest at May 11, 2008 5:03 PM

my mom went to st marks pl. she saids it needs a total gut.

Posted by: armchairwarrior at May 11, 2008 5:03 PM

I eagerly went to the Lincoln Road house, ready to be swept away. It is gorgeous--lovely details, nicely renovated. The living room is small, but the other rooms are good sized. The yard is pleasant, but the street really is not that nice--the apartments across the way are really huge and Flatbush Avenue feels very close. Too close for my comfort. I just would never feel comfortable there. Will it sell for the asking price? I doubt it. No one at the open house--which was pretty empty--seemed very excited. I think the apartments and the closeness to Flatbush are too big an obstacle. But you never do know!

Posted by: guest at May 11, 2008 5:52 PM

Interesting, 5:44. When I was looking to move from the Slope 5 years ago, I concentrated on PLG and DP. And came to the exact opposite conclusion. Although we love - and still love - PLG's housing stock, we way preferred the location, the proximity to the park, the driveways, as well as the transportation options. Oh, yeah, and just to stir things up, the crime rate. All this, back when Cortelyou Road was still a dustbowl.

I almost bought in PLG because back when you could still get a limestone on Maple for less than $495. the housing stock is pristine, but in terms of quality of life - no thanks. Ditmas, as we thought it would, has travelled light years in comparison.

Posted by: guest at May 11, 2008 8:26 PM

Anyone who thinks the PLG house will go for 1.1 is either clueless or trying to drive away the competition. BHS sold a 2 story house with 1 bathroom and no parking on Lincoln in PLG for 1.150 last year.

Posted by: guest at May 12, 2008 9:17 AM

The house on Marlborough Rd has a driveway that would fit two to three cars and also has a garage. It is in close poximity to Parade Grounds and fairly close to Prospect Park. I think this home will sell quickly because it is definitely priced right.

Is Parade Grounds an extension of Prospect Park?

Posted by: guest at May 12, 2008 9:26 AM

In response to: "Putnam house is in a rough area and the price reflects it. That is not an area you want to move a family into."

My wife and I live a block away and we are starting a family. There are some well documented issues with the neigborhood, but we have never felt unsafe and it's getting better. Overall, we're very happy; we have great neighbors, a house with a large yard and an affordable mortgage. Beats NJ or LI.

Posted by: guest at May 12, 2008 11:40 AM

8:26, I looked in both PLG and Ditmas and decided on Ditmas as well. PLG is just a little too congested and too close to Flatbush. My house is not as nice as the house featured here on Lincoln Road but I prefer the Ditmas location and the public schools in Ditmas. I like 5:44 do frequent Park Slope often, which hands down beats both PLG and Ditmas in ammenities. As I don't have a need to roll out of bed into a restaurant and I entertain quite often in my home now that I have the space, I wouldn't live in Park Slope either, even if I could afford it, for the same reason that I wouldn't live in PLG - too congested.

Posted by: guest at May 12, 2008 11:58 AM

I bought my house in the North Slope 12 years ago. My house was a dump but it was close to subways and the park. My back yard had razor wire on the fence surrounding it. My front stoop was a favorite stoop for a prostitute and his/her pimp. Two doors down, there was a drug house. Alot can change in 12 years.

Posted by: guest at May 12, 2008 12:30 PM

Drug house and prostitutes in the North Slope 12 years ago? North Slope of Alaska maybe. Or maybe in that part of Gowanus that the brokers like to call North Park Slope now.

Posted by: guest at May 12, 2008 2:36 PM

Oh please, 2:36. I saw drug dealers regularly hanging out on a stoop and dealing right next door to us in the North Slope as recently as 2005, until we moved. Really nice street otherwise. ALL of Brooklyn has some of this element mixed in to some degree. Open your eyes.

Posted by: guest at May 12, 2008 5:50 PM

We entertain at home all the time and we still appreciate being so close to Park Slope in PLG, and wouldn't live further from it than where we are now. If public schools are the #1 consideration for some people then Ditmas makes sense for them, absolutely. But it wasn't the first priority for us; based on our own experiences we wanted private schools regardless of where we landed. But that's not the case for everyone.

Posted by: guest at May 12, 2008 5:54 PM

I find it amusing that so many people are trashing the brownstone at 112 st Marks.In the first week we have had several nearly full price offers and only a week in half later we have a full price all cash deal in the works. It makes me wonder if some of the people putting down the house aren't actually bidders on the property trying to discourage their competition.
Asking price was 1.5
HMMMM


Edie at Brooklyn Estates & Properties

Posted by: brooklynestates at May 13, 2008 1:11 PM

Something else that is very interesting,
most of my ads for this property at 112 st Marks were flagged for removal from Craigslist.
I wonder who is doing that.....

Posted by: brooklynestates at May 13, 2008 1:14 PM

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