Foreclosure of the Week: 979 Park Place
This is the kind of opportunity that make us wish we had more time and money on our hands. This free-standing brick house on Park Place between New York and Brooklyn Avenues sold for $840,000 three years ago; now it’s being foreclosed on. Unfortunately, this place falls outside of the boundaries of the proposed Crown…
This is the kind of opportunity that make us wish we had more time and money on our hands. This free-standing brick house on Park Place between New York and Brooklyn Avenues sold for $840,000 three years ago; now it’s being foreclosed on. Unfortunately, this place falls outside of the boundaries of the proposed Crown Heights North Historic District, making it vulnerable to being torn down. We really hope someone will buy this place to live in and not develop. It would be awesome! The auction takes place on Thursday at 3 pm at 360 Adams Street, Room 261.
979 Park Place [Property Shark] GMAP
is this the same house?
http://new.photos.yahoo.com/caseokiki/photo/294928804315039657/71
Hey, Mercein Thomas designed my house too. It’s almost like they are sisters. I hope someone gets it and rehabs it.
Crown Heights Proud is absolutely correct. This is actually a very significant house. 1888, designed by Mercein Thomas. I wonder if it is on the landmarks commission radar? They should not wait for the district, this house could stand on its own as a landmark.
You can probably contact the owner and make a deal with them and their bank if you have the money to get this house. You can buy it BEFORE it goes to auction. Make a deal before some developer knocks it down and puts up a monster.
Sorry, that should be Shingle Style, not stick.
Gorgeous house, inside and out. It was the house of the day a while back.
This house is a victim of the kind of real estate shenanigans that help artificially pump up prices, and ultimately do no one any good, and prevent people who have the will to do something great with the place, but not the means to buy overinflated pieces of property.
The house was flipped several times, and the equity was sucked out of it in shady deals, leaving the bank holding the mortgage. I would love to bring this beauty back to shine. It’s on a great block, in primo Crown Heights North area.
Incidentally, when all of the proposed Crown Heights North historical district is done, this house is smack in the middle. Unfortunately, it is in Phase 2, which won’t be designated until a later date.
House is still a one family, but has no real kitchen, which is in the cellar level. Lots of wonderful detail, especially in the stairway, which has a Turkish alcove. When it was on the market a couple of years ago, owners did a really bad strip and high gloss poly job on the woodwork, which looked worse than if they had just left the paint. It was also a RE office for a while, and owners made some dubious choices in subdividing rooms on the parlour floor. Some mantles missing too. But still a wonderful house. THe danger is that is is a large lot, and could be bought as a tear down. That would be a crime. This house is mentioned in the AIA Guide to NYC as a fine example of the Stick Style in NYC.
maybe it was a similar looking and located place, but i’m almost certain that you featured this place in a weekend open house picks section a few months back, and asking was seven figs.
Any idea on how the auctions work? Starting bid price? Need all cash? Can you finance it? Do you get a chance to see inside of house?
This is a wonderful house. The roof probably was clad with barrel tile originally.
Beautiful massing.
Very impressive.