House of the Day

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Gotta say we’re surprised this Ditmas Avenue Queen Anne Victorian hasn’t been gobbled up by some eager beaver renovator since we included it as an Open House Pick back in November. While it’s a little shabby in a genteel sort of way, the detailing is mind-blowing. Granted, the exterior is going to take some dough and we wouldn’t be surprised if the plumbing or electrical needed an updating, but this place is hot in our humble opinion. Why’s no one taken the bait yet?
1211 Ditmas Avenue [Brooklyn Properties] GMAP P*Shark
Open House Picks 11/17/06 [Brownstoner]

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The reader who flagged today’s HOTD for us thought that it was significantly overpriced at $1,150,000. While we doubt the seller (who also happens to be a Fillmore broker) will get his ask, we bet he’ll get within 10 percent of it — not too bad of a return considering he paid $499,000 back in the summer of 2005. The brownstone house (we’re guessing 1890’s) is stunning both inside and out, though the jury’s still out on the new kitchen. And while we’re not familiar with the block off the top of our head, the neighboring houses appear to be of equal architectural pedigree. Any recent comps or insider info on this place?
Listing #706047 [Fillmore] GMAP P*Shark
855 Jefferson Avenue [Craigslist]
Photo by Gregg Snodgrass for Property Shark

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Believe it or not, today’s House of the Day was built in 1999. Located on the same block as the soon-to-be-condo’d Love Lane garage, the building succeeds on the exterior as a credible carriage house recreation (though a straight roofline might have worked a little better). The interior — all 1,300 2,400 square feet of it — is much less successful. For this location and this price we’d expect a hell of a lot more than recessed lighting and cheesy marble floors. If you’ve got money to burn and care more about having jacuzzi than nice moldings, this could be the place for you. Or, if you want to spend half as much for twice the space, you could always check this place out.
43 Love Lane [Douglas Elliman] GMAP P*Shark
Photo by Scott Bintner for Property Shark

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This place looks like a pretty good deal. The 3,500-square-foot brownstone on Lincoln Place between Fifth and Sixth Avenues looks to be in very good shape with plenty of historic details. The double-duplex configuration also makes it financially within reach for a lot of folks who couldn’t otherwise afford a house in this part of town. Taxes are low and there’s even a little FAR left over. It’s also the 4th most-viewed listing on Corcoran.com right now. This should go in a flash, don’t you think? There’s an open house on Sunday from 2 to 4 pm.
57 Lincoln Place [Corcoran] GMAP P*Shark

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The current owner of 1441 Dean Street paid just $626,000 when he bought the three-story, two-family house last June. Since then, he’s clearly done a lot of cosmetic work, polying the heck out of the floors and making the gorgeous wood paneling look its best. It’s unclear what else he did — nothing that required a DOB permit, that’s for sure. Given that the house falls outside the proposed Crown Heights North Historic District and is only three stories, the asking price of $849,000 feels a tad aggressive. We also wonder whether those floors might be a little too glossy in person. Waddya think?
1441 Dean Street [Corcoran] GMAP P*Shark

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Talk about a flipper mark-up! The current owner of this house on Hall between Myrtle and Park got the place a year ago for $595,000. He’s clearly done some cosmetic work, just judging by the photo of the front door in the listing and the photo in the Property Shark archive. (But judging by one photo of a sealed up fireplace next to a Home Depot-esque kitchenette, not all that work will have universal appeal.) But the past is the past. The house is now listed for the oddly specific price of $1,011,000. One major selling point which the broker doesn’t include is the property’s proximity to this place two houses over!
115 Hall Street [Citi-Habitats] GMAP P*Shark

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Readers know that one of our pet peeves is the omission of addresses from real estate listings; that omission is particularly galling when a broker fails to respond to an email request for an address. You’d think the free publicity would be enough. Not one Brooklyn Heights Real Estate broker. The radio silence and the lack of interior photos make us wonder whether this “Grand Dame” across from the Brooklyn Children’s Museum in Crown Heights is not an exclusive. (That, and the fact that the broker thinks it’s located in Bedford Stuyvesant.) Regardless, this baby looks awfully charming from the outside, though the listing does disclose that it’s in need of “total” restoration. Given that fact and the square footage of 3,872, we’d say that the asking price of $1,500,000 is rather aggressive. Thoughts? Update: We know now that the address is 875 St. Marks Avenue and have been sent a few photos of the interior which are posted above and on the jump.
Grand Dame [Brooklyn Heights RE] GMAP

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It looks like the success of 100 Decatur has emboldened owners in the surrounding area. Today’s house at 464 Macon Street, while certainly very nice, is a whole floor smaller than Decatur. Property Shark puts the square footage at 2,600 which, at the asking price of $899,000, comes out to about $350 a foot. The house traded at $750,000 back in September 2005 but it’s unclear to us how much has been spent on the place since then. Not that it really matters — the price will be what people are willing to pay. What do you think that will be?
464 Macon Street [Corcoran] GMAP P*Shark

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Whether it’s the bonuses or the fact that buyers are tired of waiting for the long-predicted bursting of the bubble, it feels to us like there’s been a perceptible uptick in market sentiment in the last few weeks. We don’t have any hard facts to back that up, but certainly the strong interest in 100 Decatur Street showed that there a ton of buyers out there. The owners of 351 Adelphi Street apparently have figured this out and decided to raise the asking price of their Fort Greene brick house 10 percent. Back when we had it listed as an Open House Pick in October it was at $1,900,000. Now it’s $2,100,000. It’s a great looking house. We shall see.
351 Adelphi Street [Corcoran] GMAP P*Shark
Open House Picks 10/13/06 [Brownstoner]