HOTD: Lefferts Limestone Lovely but Pricey
If the owner of this pristine limetone house on Midwood Street in Prospect Lefferts achieves the asking price of $1,495,000, it will have to be some kind of record for the nabe. The single-family residence looks like a real beauty, with plenty of period details and modern conveniences (wiring, media room, etc.). We wish BHS…
If the owner of this pristine limetone house on Midwood Street in Prospect Lefferts achieves the asking price of $1,495,000, it will have to be some kind of record for the nabe. The single-family residence looks like a real beauty, with plenty of period details and modern conveniences (wiring, media room, etc.). We wish BHS had a few more photos on the site–especially of the kitchen–but overall it looks rock-solid. We just can’t get over the price though. Have we been asleep at the wheel or is this asking price a good $100,000 to $200,000 higher than anything else in the neighborhood in recent memory?
Midwood Street Townhouse [Brown Harris Stevens] GMAP
I challenge anyone to come up with a four story brownstone in Park Slope for this price! It doesn’t exsist. Lefferts Manor is coming into it’s own. Accept it.
the previous poster is correct: you could buy “a house” in park slope for this price. but you couldn’t buy this particular house in ps for anywhere near this price. depending upon the block in the slope, a comparable house could easily cost twice as much. maybe more. it seems to me that the relationship between prices in lefferts and prices in other neighborhoods has been pretty steady. they’re all rising in tandem. and there are a lot of things about this neighborhood that are really great.
I think that the poster that said “you get what you pay for” is true with respect to the location (not necessarily the property) that you purchase. If you want a neighborhood that has many amenities and is relatively safe and close to the subway, and not just buses, it will cost more. Unfortunately, in today’s hot (overheated maybe) market, that means prime locations are becoming completely unaffordable except to those already in the market or those who are well off.
of course this is overpriced at least $300K BHS is known for overpricing. you could buy a house in Park Slope for this amount and the shopping and schools are much better.
About Bed Stuy-
There’s a pet store on Tompkins Ave. Also there’s Home Depot now for garden stuff (see another post this week for that). In Bed Stuy, there are a lot of little gems that you wouldn’t think to go to if you’re looking for the urban contemporary exterior.
There’s a few good neighborhood eateries around, but if you want more, I can take the 26 bus, 10 minutes into Clinton HIll to get Cambodian, Thai, whatever. Or take the C-Train, b25, b38, or a cab for $6 into Clinton HIll. I plan to bike it one day to see how long it takes. Anyone know?
Eventually more “amenities” will come, but for now the biggest amenity is not being one of the “house poor” mentioned this week in the New York Times.
I agree with Nativegal. I love Prospect-Lefferts Gardens! I am a stone’s throw (meaning: a block and a half) from everything I need, including Prospect Park, the Brooklyn Botanic Garden, shopping and the subway. I live in a co-op in the area, which are reasonably priced compared to Park Slope and Prospect Heights. I think the best is yet to come for the area. Stay tuned…
Anon 4:12 — “For the relatively recent investors/residents of this area… Why shouldn’t new investors/residents be able to afford a home at the same price as you did?”
For the same reason that I had to pay significantly more than the $165k the seller of my house purchased it for. That’s not what houses in Lefferts cost now. There are plenty of neighborhoods that have homes currently selling for what I paid for my PLG house. If that’s your price point why not look for a house in one of those areas.
My opinion is that you can pay one way or another. You can get into an emerging or not yet emerging neighborhood cheaply, but you get what you pay for. If you want a neighborhood that has all the “amenties” then you’re probably going to pay top dollar.
I’m not sure of any garden shops specifically but I’m positive there has to be one in the neighborhood specifically on fulton. bread stuy is like a coffee shop/bakery there’s also a nice restaurant on the other side of bread stuy that has a nice brunch and nice people come out and sit at the tables they have or in the coffee shop on sundays and they play nice music. there’s a nice dj who brings his beautiful vinyl and plays great tunes.
thanks blkbuttrifle for the response.