Cost of Brooklyn Free School Building? $1.75 Million
A few weeks ago we reported that Brooklyn Free School had purchased 372 Clinton Avenue, the five-story brownstone that had been on the market for ages. Well, the deal for the 6,500-square-foot property just hit public records, and it turns out that the school shelled out $1.75 million. The building was
A few weeks ago we reported that Brooklyn Free School had purchased 372 Clinton Avenue, the five-story brownstone that had been on the market for ages. Well, the deal for the 6,500-square-foot property just hit public records, and it turns out that the school shelled out $1.75 million. The building was first listed for $2.5 million in August 2006, according to StreetEasy, and was last asking $1.99 million as of late 2008. The school, which is currently located in the South Slope, says on its website that it is raising money to renovate the building.
372 Clinton Avenue Bought By School [Brownstoner] GMAP
Happy to see some deserving folks benefitted from the real estate slump, if only the bankers had suffered more…
Wasder, I, unabashfully, offered 990k on it. Wasn’t surprised they told me to get the F out but hey, it’s worth a shot
That’s a pretty good deal for the school, in the PSF department. Nice location too. I used to live next door.