The Cheapest Old House in Brooklyn?
The flier for this house caught our eye for two reasons — the old wooden cornice and the $450,000 price tag. In reality, there are a few houses on the market for less in Brooklyn, but they are further out in places like East New York and Canarsie, not the increasingly-popular Bed Stuy. Nor do…
The flier for this house caught our eye for two reasons — the old wooden cornice and the $450,000 price tag. In reality, there are a few houses on the market for less in Brooklyn, but they are further out in places like East New York and Canarsie, not the increasingly-popular Bed Stuy. Nor do they have the potential to be restored the way this one does. Since the listing’s not on the Massey Knakal website yet, we emailed the broker to get our hands on some pics, which confirmed our suspicions that the house has some salvageable architectural charm, renovation choices from the last several decades notwithstanding. The location is fairly central Bed Stuy, though the Fedders house to the right does not bode well for the character of this block. And, to be fair, at 1,260 square feet, this ain’t a huge house. The upside of its diminutive size is that it wouldn’t be particularly expensive to renovate, meaning you could have a charming, fully renovated house for under $600,000. We hope that’s what happens, as opposed to a schlocky developer tearing it down and maxing out the FAR with a POS like the one next door. To that end, we convinced (okay, we didn’t exactly have to twist his arm) the broker to hold a Brownstoner-only open house. It’s tomorrow (Saturday) from 11:30 to 1:00 at 461 Quincy Street and you won’t see it listed anywhere else. How much cooler would it be to buy this than some cookie-cutter one bedroom condo? And how great would it be for someone who cared to buy this place and fix it up than for a developer to tear it down? Oh, and don’t forget the secret handshake and password. (Hint: Seven letter word for an architect who’s lost his self-certification rights.) GMAP P*Shark
there are dozens of nicer houses in better and safer areas of Brooklyn for less money. why would anybody want this dump?
Anyone willing to drop a half a mil on this shithole deserves whatever they get. And it’s going to take another 20 years for BedStuy to recover from decades of being known as one of the most heinous, dangerous last place on earth you would want to live
ghetto hell-holes made famous by crack dealer hip hop shillers from the 90’s. Fix it up and flip it for a sucker but don’t tell me you would spend more than an hour there.fools.
I think that Bed-Stuy is wonderful community. I am a teacher in Bed-Stuy and many people automatically assume that all youth that live in the projects are criminals. Everyone in Bed-Stuy is not a criminal and I am sick and tired of the nasty posts of people on this site about the Bed-Stuy community. JUST MOVE TO GREENWICH OR RYE NEW YORK and leave the city. Then again, if you were so well off, you would already be there. I think this house has a lot of potential. Many of the block associations in Bed-Stuy are very active in this part of Brooklyn, which is a great resource for homeowners! I would offer 400K since the renovation may be a bit more than 150K. Happy house hunting folks and give Bed-Stuy a chance. This community has a lot of promise, spirit, and community that thrives with or without newcomers!!!
Sooooo…did anyone go to the Brownstoner open house on Saturday? That’s the topic of this thread. How many people showed up? How did it go?
That is f***ing ridiculous, you could buy a beautiful giant house in philly for $400k. Brooklyn’s great but there has got to be a limit.
http://www.trulia.com/property/33213678-1008-S-49th-St-Philadelphia-PA-19143
You can find homes for $600K in better condition and in better areas. There aren’t many but I know of at least one on my block right now in WT.
Hilarious, Cheney. Great to have a good laugh so early in the AM.
I had a dream last night that I met the owners of this house and they were really nice. Never found out why they were selling, though.
If they’re at the open house, tell them that the plaid elephant the Minerva statue told us about already gave the photograph to Mister Ampersand, so we’ll need to tell Robert Moses ourselves.
Why even come to this site if you don’t “get it” that some people buy old houses in borderline neighborhoods, to fix them up? It’s like, then entire purpose and theme of the whole website, dude. Go somewhere else. You’re in the wrong place.