HOTD: Don't Worry, You Can't Afford It Anyway
This is one of those crazy pads that are so expensive–and the potential purchasers so few–that there’s not much point in discussing whether or not it’s a good deal (though at half the price of this place, it’s looking like a steal). The 9,500-square-foot mansion is a little time-worn and given the likely standards of…
This is one of those crazy pads that are so expensive–and the potential purchasers so few–that there’s not much point in discussing whether or not it’s a good deal (though at half the price of this place, it’s looking like a steal). The 9,500-square-foot mansion is a little time-worn and given the likely standards of the buyer will get a big makeover. Of course, we’d be happy to move in as-is. We suspect we could get by just fine! The listing’s a little short on photos…Has anyone been inside recently?
Remsen Street Mansion [Brown Harris Stevens]
Hey Cat – yes, some people are not entitled to own brownstones; namely, those who cannot afford them. We live in a market economy, whether we like it or not.
Why not buy in Prospect Park South, get double the lot size, and a cool 6 mil in the bank? You could live off the interest rather nicely.
One thing that is interesting about this house is that it appears that an addition was put on some time ago. At least it looks that way if you look toward the back from the alley on the right side. This may have been integral with the house early on, however.
“I think what we’re all missing — because we all love Brooklyn — is that most people with that kind of money to spend on a townhouse would rather buy in Manhattan. Sad but true…. :-(”
I couldn’t disagree with this comment more. I suggest the author get in touch with the virtues of this borough a little more fully and tap into the zeitgeist, because that conventional wisdom is roughly a decade old.
I saw this place on a recent stroll and thought it was not entirely attractive. It’s a taste issue to be sure, but it seems to me that those who love The Brooklyn Brownstone, and have the money to acquire the best of breed in this aesthetic, might be put off by this structure’s facade. I don’t know enough about architectural styles (better-informed out there please advise) to say whether it’s French or Italianate or what, but the almost fortress-like facade is both over-the-top and slightly off-putting. There’s a buyer out there for this, no doubt, but one with decidedly different tastes than others in the Heights.
What?!?!? Bite your tongue savage!!! >:-(
I think what we’re all missing — because we all love Brooklyn — is that most people with that kind of money to spend on a townhouse would rather buy in Manhattan. Sad but true…. 🙁
Hey, Bkborn- because the majority of Manhattanites still won’t consider Brooklyn. And 5m and up is an enormous price to pay for a borough that means you either drive or take a subway across the river. I used to live on Remsen- beautiful street. Convenient, lots of great shops and restaurants- do I think Manhattanites are crazy not to want to live in Brooklyn? You bet. I left Manhattan because I hated living there.
I guess I’m a little curious why these and other super brownstones don’t sell more easily. It seems like there is a little resistance (to use a stupid financial term) at the $5m level. There seem to be a bunch $5m+ houses that have been on the market forever. Meanwhile, everyday glass box condos in Manhattan are going for $10m.
The house here is in a blue chip neighborhood with blue chip private schools. What am I missing?