30 So. Portland In Contract 'Significantly Over' Asking
The headline says it all. According to a broker familiar with the situation, 30 South Portland Avenue, a four-story brownstone on Fort Greene’s most desired block, is in contract for “significantly over” the asking price of $2,600,000. Another data point suggesting that there’s still strong demand for quality properties in areas like Fort Greene and…
The headline says it all. According to a broker familiar with the situation, 30 South Portland Avenue, a four-story brownstone on Fort Greene’s most desired block, is in contract for “significantly over” the asking price of $2,600,000. Another data point suggesting that there’s still strong demand for quality properties in areas like Fort Greene and Park Slope where there’s little perceived risk of the neighborhood going downhill? Maybe. Of course, the fact that 224 Washington Avenue was just just reduced by another $110,000 to $1,685,000 flies in the face of that theory. That one’s looking cheap now, don’t you think?
House of the Day: 30 South Portland Avenue [Brownstoner] GMAP P*Shark
The heating bills, insurance, r.e.taxes, water and sewer, all are skyrocketing. if you think you can pay that on top of even a modest mortgage on $100,000 a year you’re dreaming. 100,000 is just the wrong amount in NYC. It is too much for subsidized housing but not enough to buy a house in brownstone Brooklyn.
2:09 – I believe 344 Carlton actually traded at $2.5mm although there was a rumor in the market that it was selling at or above $3mm. Also, the little known secret is that the Washington Park house sold for like $175,000 above the sale price listed in the public record. The $175,000 was what the buyers paid for the hideous drapes and other furnishings. Of course, the true point of the maneauver was to limit capital gains tax and provide cash to the sellers who were going through a divorce. I hope the IRS is not on here…
What are these “issues” that keep getting brought up in regards to 30 South Portland?? It comes up a lot whenever this house is brought up on different threads. Was it built on top of a cemetery? Is it structurally unsound? Is it next to an SRO? What?
Agreed the owner sold in the nick of time.
i also was in the washington ave home in spring time – and saw all – the floors. it needs a ton of work – an old lady was living there looked like she was not going anywhere. when i saw it the upper floors were a mess… her apt as well – its been on the market for awhile… i think i was there durng the apple blossom festival..
Not a surprise the property is selling for over asking. It looks nice.
The house *does* have some *issues* the new buyers cannot be aware of.
It does look great cosmetically and has all the fluff/indicators of privilege (in the lower duplex)…though the kitchen has almost no natural light.
This is the perfect time for the owner to sell considering his age and the market.
I wonder if the new owners will reconfigure the place…
2:11. Let’s wait for the closing and the public records info and then get back to me–I CAN’T WAIT. I’m 2:09.
2:28: Crime is alive and well in Recoleta, Palermo, San Telmo, Puerto Madero, etc. A lot of the muggings and kidnappings occur right there, in downtown Buenos Aires. I wasn’t going to cite this personal anecdote, but here goes: my friend’s brother, a young Argentine yuppie who had just gotten promoted, left work on Santa Fe & Esmeralda and was attacked and thrown into a mini van. The mini van drove around the city for 2 hours until his sister met them at another corner and delivered $10K, which she scrounged from family and friends. This was at 5pm. They were told not to call the police or publicize it afterwards because he’d be killed if they did. It’s unfortunate and very sad. It’s a beautiful city, you’re right, and vibrant. But its economic problems are there and always will be.
Regardless, many tourists have said they feel safe. Supposedly the police are told to focus their efforts on the tourists so as to not have it negatively affect the tourism industry and perception of Argentina. I continue to go there, to visit my family and friends, and I feel safe as well. Just be alert and mindful.
Sorry for the major digression. 3
i heard crime (especially kidnappings) were mainly centered around certain poorer outlying areas of buenos aires.
i spent two weeks there…exploring the recoleta, palermo, and many other neighborhoods in the downtown area, and it felt as safe as the west village. at all hours.
i was enthralled with the city. i know a lot of people are still suffering there, but the city really feels amazingly alive, despite that.
more alive than nyc.
Rehab, how did you get to see the washington ave place head to toe? I was told by the broker that they hadn’t even seen inside the rental on the 3rd floor. Lazy bitch didn’t know anything about it and wouldn’t even bother to climb the stairs to show the upper floors or basement.
For those looking at the photos and admiring the mantle mirrors, they don’t belong. Their frames have been hacked at to get them to sort of fit.
I think 2 trees still has it in the times for the original price.