Flipper of Clinton Hill Wood Frame Is Quietly Swinging for the Fences
The wood frame house at 162 Hall Street is on the market for $2,550,000. The owner has completely redone the exterior, shedding the siding for wood clapboard, replacing the windows, doors and recreating many of the historic details that had been lost. And the interior has been gutted and redone in a way that at…
The wood frame house at 162 Hall Street is on the market for $2,550,000. The owner has completely redone the exterior, shedding the siding for wood clapboard, replacing the windows, doors and recreating many of the historic details that had been lost. And the interior has been gutted and redone in a way that at least pays some respect to the building’s age. If he gets his price, or even half his price, this is a remarkable windfall for the flipper. According to PropertyShark, the home was purchased in 2012 for $250,000. Its unclear how the current owner got it for such a song. It was bought in 2007 for $798,000 but by 2009 it had fallen into Lis Pendens. However the new owner scooped it up, the developer, Myrtle 162 Hall Inc., has invested considerably in the building. You can see the state of total disrepair it was in on this old listing. Seems like the investor is doing right by himself, the building and the neighbors on the block. What do you think?
Full Makeover for Wood Frame House at 162 Hall Street [Brownstoner] GMAP P*Shark
You can see the full brochure here as well as a 2007 photo of the facade after the jump.
The property closed yesterday at near the asking price.
thanks !
This looks great. I think whoever renovated it did an amazing job and was highly ambitious with their vision. It’s elegant and luxurious…exactly what you would want a 2.5 million dollar brownstone to be. Haters will always find something to hate on. Kudos to the designer!
How’s this one?
The price of this house is out in left field.
did I use this phrase correctly?
there goes my theory that halve is you, Moonface.
About the house, eh. I don’t care. I am too rich to be egging on the glorious revolution, but seriously, Brooklyn is at a point that’s making me want some labor camps.
Put me in coach. I’m ready to play, today.
Steriods would help my game.
I do know about getting to 1st, 2nd and 3rd bases tho 🙂
No, don’t understand or care for baseball.
I guess I didn’t hit a home run with my comment.
Nope.
“be batting a thousand (American)
to do something extremely well and better than you had hoped to do it”
I thought it was sarcasm for doing everything wrong.
Oh well.