326 10th Street Sells
Remember 326 10th Street? It was a House of the Day in June when it was listed for $1,125,000. Well, it just sold. Guess how much? $997,000. Seems like a good deal for the buyer to us.
Remember 326 10th Street? It was a House of the Day in June when it was listed for $1,125,000. Well, it just sold. Guess how much?
$997,000. Seems like a good deal for the buyer to us.
antidope, this one wouldnt have made the wager parameter anyway. it’s south of 9th st hence outside of the Park Slope border. 300-500k is a lot of money. I think I can drop 200k or so get it very solid – new mechanicals, roof, new baths, kitchen. people spending anything close to the 100k per flr does not have “solid” but rather fancy premo in mind as far as finished product.
bring back the widget!
Why did the owners duplex have two kitchens?
I agree, Antidope. Solid in brokerese: not apparently broken.
id rather believe anonymous blog comments about the ppty than broker babble mr ds. look at the thread. (“solid” is a very vague adjective subject to broker abuse. i mean even an old boiler can be construed as solid. to me, in broker speak, it means no apparent problems as in, “sure the roof is 30 years old but it doesnt leak.” ergo, solid.)
I’m with 11217
the seller got a great deal
And yeah, 1.15-1.2 sounds about right for the peak.
From the listing: “Featuring a sparkling modern bath and kitchen on the second floor… Solid mechanicals….”
and this is why i never accepted your proposed bet…
this needs real investment to meet my standard of a decent home. by your measure, this one takes the bet since it has four walls, a roof and (relatively) fresh paint. not withstanding, 1) shitty condition under the paint, 2) old, never updated mechanicals, 3) poor location (for anything other than subway access).
put another way, what do people think this would’ve sold for at peak? I’d say 1.15, maybe 1.20.