545-9th-Street-0210.jpg
This three-story limestone house at 545 9th Street in Park Slope just hit the market and is looking pretty interesting to us. While it’s only three stories, it’s got a lot of historic charm and is located only a half-block from Prospect Park. Given those last two positives, the asking price of $1,695,000 sounds attractive. Even on a per-square-foot basis (which comes out to about $600), it’s not too bad. Thoughts?
545 9th Street [Orrichio Anderson] GMAP P*Shark



What's Your Take? Leave a Comment

  1. I like this block of 9th street and its limestones. I always admire them. I don’t get the bad traffic comments. I never see that on this block. It’s nothing like the other lower blocks of 9th street. Plus the width of the street helps a great deal. Many side streets in the slope have a lot more traffic and on a much more narrow street. Sorry, but that’s what I call noisy. And polluted! The fumes from those cars on the narrow side streets especially with the tall brownstones Brownstoner loves so much just get trapped down low for people to breathe, and go right into the houses. Gross. A shorter house on a wider street gives you cleaner air and more sunlight. Everything has its upsides and downsides.

  2. Possibly no trees due to subway vent running under the street? Just a guess. Also, wouldn’t be surprised if there were street trees even since google maps went through. Bloomberg’s million trees nyc project has been working surprisingly fast. My streetview on google doesn’t show the two street trees that ahve since been planted.

    As for garden access for garden floor tenants, if you didn’t want to permit access you’d really have to reflect that in the rent. Full use of a garden adds several hundred to the rent. I think the parlor floor deck/partial garden access for a ground floor tenant is the most elegant and equitable solution, you just have to have a few ground rules about noise/hours/smoking etc.
    Mr. B’s anti-3-story bias is kind of odd. Some of the best blocks of brownstones are “only three stories” (much of the Prospect Heights HD, for example). I have a 3-story with an extension, which gives it more usable square feet than many 4-stories, and having a 4th story would just mean an extra set of tenants to deal with.

  3. In this market, it’s worth about 1.5 million. The amazing thing is that the asking price is exactly what it would have been on 9th Street at the peak in 2006.

    We haven’t seem the correction yet. Seriously, you couldn’t rent the place for half the monthly mortgage after putting down 500k.

    The crash is coming. . . though it’s sure taking it’s time.

  4. Any of the blocks right off 7th ave are have more traffic and are busier than the park block of 9th st. Personally, though the houses on some north slope blocks are spectacular, I have to say that there is much to be said for many blocks in the south slope. Twenty years ago, 9th st was considered the south slope, believe it or not. As for having a tenant upstairs, the upper duplex/ lower rental seems more gracious and many people have worked out a way to give the tenant access to a part of the yard closer to the house, often partly under a deck.

    The comments about the F are a riot. All the subways are crowded, and the slope has so many more people commuting from it than it used to that it’s just a symptom of how popular many brooklyn neighborhoods have become.

    The only thing I was wondering was whether this house was on the market last year? or was it one in the same row?

  5. Honestly, how does one entertain on that garden floor? And what does one use the parlor floor parlor for?

    Any time I have people over, *everyone* winds up in my kitchen/dining room (or outside on the deck in summer). The kitchen in this house is completely isolated, with that weird ‘pantry’ and line of tiny cupboards.

    And you’ll need a map to get to the restroom.

  6. F connects Coney Island, Kensington, Windsor Terrace, Park Slope, Carrol Gardens, Boerum Hill, Brooklyn Heights (via Jay Street), and DUMBO. Not bad…

    But yeah if its constantly not running that’s another story.

  7. Best thing about the F is that it takes you to West 4th. the glide down into Carroll Gardens and Cobble hill is pretty nice too. But the 2,3 are my trains.

1 2 3 6