367 Grand Defies Expectations (and Asking Price)
We couldn’t have been more wrong about this one! When the upper triplex of this five-story brownstone on the corner of Gates and Grand in Clinton Hill hit the market last November for $1,585,000 we were skeptical to say the least. (We have a vested interest given that we have an almost identical house just…
We couldn’t have been more wrong about this one! When the upper triplex of this five-story brownstone on the corner of Gates and Grand in Clinton Hill hit the market last November for $1,585,000 we were skeptical to say the least. (We have a vested interest given that we have an almost identical house just down the block.) Together with the lower duplex which was asking $1,500,000, the owner was trying to get over $3 million for the building. Crazy, we thought. Not so crazy, it turns out. The top triplex went into contract earlier this week for, we hear, over the asking price. We also gather that a deal for the lower duplex is imminent. We’re in shock. We bet the woman who bought the house next door recently and has already begun re-brownstoning the facade is psyched.
367 Grand Avenue, Upper Unit [Corcoran] GMAP
Grand Ave Brownstone Conversion Hits Market [Brownstoner]
Actually one always sees cache spelled without the “t” but with the “accent aigu”, Bob. I can never remember the keystrokes to get the accents on letters though. Probably like many people.
The skylights on the 2nd floor of our 2-story limestone allow in so much more light than I thought they would. It’s effective. And our skylights need cleaning! They’re grubby. Yet there is a lot of light coming into the bathroom and hallway/stairs. It must be that the taller houses get some nice light through skylights on the top floor, but the middle floors are left wanting for light. By the way, white window trim and white woodwork in a brownstone (Edwardian instead of Victorian) really help with increasing light. The white around the windows bounces more light into the rooms.
I took anon 11:33’s use of the word cache to mean that Clinton Hill is very similar to better known nearby ‘hoods and is now reaping the benefits of its location. A cache in computer lingo it a duplication of data (in this case property) found elsewhere but now placed in a more accessable area. Maybe I’m just a geek.
hey – i went to one of the open houses and this place was amazing, so well done! Look at the mess that was made of the house on washington and dekalb, then compare to this, no comparison. if you take care to redo homes, you will get the money! nuff said
two words: MINSKY EFFECT
Ahhhh, I see– thanks Anon 11:14 and Amy 11:19 for explaining that the attic is a floor. Nice. Meanwhile, and I mean this only in a helpful way: “cache” = “stash,” a one-syllable word, as in a cache of WMDs that Saddam Hussein did not have. The word Anon 11:33 was looking for is “cachet,” meaning prestige, which Clinton Hill certainly has and deserves. Love it here. Congrats to the Victoria’s Secret designer–that is a very chic looking apartment.
As a Clinton Hill owner – Gotta love that cache!
It was nice and had a lot of sq footage, but maybe my standards for finishes are higher than most, there were visible water leaks in the attic around the skylights, gaps where there should not be gaps, and everything, except some of the details, was white painted sheetrock. The garden is a tiny square of glass next to the pavement dominated by the outside compressors.
I heard a divorced designer from victorias secret bid out the others on the triplex.
I think this says more about the cache of clinton hill than anything else.
I am surprised at the price but that’s nothing new. I saw this house on the Clinton Hill brownstone tour (lower duplex). The finishing was not special. The building is incredibly bright though, which as other’s point out is a difficulty in Brownstones. My garden floor is very dark even during the day and I have lots of lighting, which I need too.
The corner building is terrific.
Those wrap-around cornices are things of beauty.
I agree that a well-renovated space in move-in condition will get super-top- dollar. Folks with big jobs don’t want to hassle with home improvements.