House of the Day: 280 Washington Avenue
As close watchers of the market will remember, this mansion at 280 Washington Avenue, one of a pair built by the Pfizers in 1888, was listed at $3.595 million in January 2005 before disappearing a couple months later. Now it has resurfaced, again with Corcoran, at the asking price of $3.995 million, which is a…
As close watchers of the market will remember, this mansion at 280 Washington Avenue, one of a pair built by the Pfizers in 1888, was listed at $3.595 million in January 2005 before disappearing a couple months later. Now it has resurfaced, again with Corcoran, at the asking price of $3.995 million, which is a smaller percentage increase than the overall Clinton Hill market in the past year. The house is mind-blowing in its detail, grandeur and condition. The real constraining factor is whether there are any people wealthy enough to buy it who are cool enough to be down with Clinton Hill!
280 Washington Avenue [Corcoran] GMAP P*Shark
Pfizer Mansion Hitting Market [Brownstoner]
Sorry Frank, but Clinton Hill can’t carry the prices Brooklyn Heights can. BH continues to appeal to the Wall St crowd because of its one-stop subway connection. It always has been and always will be a more blue-chip neighborhood. I’m pretty convinced the reason this is sitting on the market is what I (12:30pm post) and others have said about the excessive size of the house. It may not be over-priced on a per sq ft basis, it’s just that most mere mortals don’t need that kind of space.
Floor plan is showing windows on interior rooms – and pics show stained glass windows.
And descript say 3 verandas – so doesn’t sound lacking outdoor space either. I would venture that price isn’t higher is that although much is improved there is more work to be done.
Charles Davis is my hero! He paid a little under $400k for 282 Washington in 1989 and sold it for $1.5m in ’03, buyer flipped it in ’05 for $1.9m (great deal too). I called Ms. Hollins for a showing the week 282 went into contract in ’03. I still kill myself over that miss! More importantly, Mr. Davis also purchased the sister mansion at 280 Washington for a little over $400k in 1991 and is now seeking close to $4m (once bit, twice shy). Though 280 is grander and a much larger property than 282 Washington, he is determined not to undersell this building (but admittedly, $1.5m at that time for 282 was an obscene price at the time)! In any event, Kudos to him! He was smart and brave enough to buy and invest in Clinton Hill in the late eighties and early nineties and is certainly reaping the benefits now. God bless him!!!
here’s another queen anne mansion for $2.3mm on washington ave..
http://brownharrisstevens.com/detail.aspx?id=441961
Frank has a point. While some think the price is too high, I think it is in line with the size of the place. It would command more if it was a freestanding place though. As it is, there is no outdoor space really, and beeing so long you have interior rooms that, although they are grand from the photos, have no windows. You’d have to check it out to see for yourself I’d think.
i’m sorry, i’ve seen this house come onto the market, go off the market, and come back again and again. even at the current asking price, i still have to think there’s something horribly wrong with the structure if a 30+room mansion is only on the market for $3-4 million dollars. please, the “Moonstruck townhouse” is on the market for $5 million and it’s half the size. come on people, take the rose colored glasses off!!
It could make a nice B&B.
we moroccan party people don’t need no stinkin; insurance!
The home insurance alone would kill you.