House of the Day: 100 Decatur Street
Here’s another house that will put the Bed Stuy market to the test. Located at 100 Decatur (between Throop and Marcus Garvey), this four-story, two-family sits outside the Stuyvesant Heights Historic District (map here) but is on a nice block nonetheless (though some might argue it’s a little close to Fulton). Anyway, the red flag…
Here’s another house that will put the Bed Stuy market to the test. Located at 100 Decatur (between Throop and Marcus Garvey), this four-story, two-family sits outside the Stuyvesant Heights Historic District (map here) but is on a nice block nonetheless (though some might argue it’s a little close to Fulton). Anyway, the red flag here appears to be that only the lower duplex has retained the building’s original architectural details (serious stuff), which might not be a problem for a buyer who definitely wants to maintain the current configuration. Still, we think the lack of charm upstairs might merit a small discount from the asking price of $899,000.
100 Decatur Street [Corcoran] GMAP P*Shark
Large photo by Gregg Snodgrass for Property Shark
Word has it that the best and final is Due Thurs, 2/1, at 5pm not Friday –And there will be an open house this sunday 2-3 for backup offers.
word is that there are 5 bids with more coming, and a best and final round likely.
of course some bids might be under ask. But still, probably corcoran underpriced this.
I live on the block. The street isn’t bad at all, IMHO.
Hey, we even have a “brown sign” because of the building on the corner –yeah, yeah…I know that it isn’t historic district “proper” but I can at least see the historic district every morning. Shucks, I can even touch it.
The C train (I know…ugh…but at least it ain’t the G) is right around the corner, which is incredibly convenient. (also, equals higher rents) The A train, for those of you who seek additional cardio, is a couple of blocks away.
As for Operation Impact…the damn suits are around the corner all the damn time. I can’t get away with squat. I even need to remember to put my seatbelt on because they set up a check point on the corner of Fulton and Throop.
Rest assured – whoever gets the house -it is a good block.
Welcome!
Operation Impact? That’s the first I heard of that. I know that it would be ideal if this place was inbetween Lewis & Stuyvesant. But it’s not bad where it sits either.
has anyone been inside? the rentals as well. What’s the Layout?
This house really is a steal. I have friends who sold a house for $1.2M in Spring 2006, a few blocks over. More “historic” area but this house is better. Saw it this weekend. The rentals, which are just okay, are currently garnering $1300/month. Not bad Bed Stuy.
I agree with one of the earlier comments, that the proximity to Fulton is a big plus. This house is literally around the corner from a C train, and the grocery store. One could be farther down Decatur but have a hike to the cleaners, supermarket, train, bodega, or any other convenience. Due to Operation Impact, there has been a significant increase in police presence with more to come in 2007.
Come on Bed-Stuy!!
do the existing tenants go with the house or will it be delivered vacant?
This house is amazing. I bet it does over 9. This is the real deal.
I’ve been looking for a brownstone with original detail for two years… there are very few, and with 2 rentals to help with the mortgage!
This is a rare opportunity, if you want to wait for gentrification like fort greene be prepared to spend 2 million on a mansion like this one in about 6 years…
or pay over a mill for something needing some serious work in clinton hill.
What a beautiful block, and close to the A train, I saw this house and there is plenty of detail on the upper floors, 2 very charming apartments that could probably get 1,500 each a month…
I say it goes for well over 900…
I think this place is better than 371 Hancock. A Much nicer block and we know that 371 went for $935K.
I think ti goes for mid $900