House of the Day: 375 Sixth Avenue Revisited
Time to check back in with 375 Sixth Avenue. Last summer, this house started out as a FSBO at $1,595,000. No one bit and by the late Fall, Betancourt had gotten the listing and had marked the price down to $1,525,000. Now Warren Lewis has the listing for $1,495,000. We gather that the narrowness of…
Time to check back in with 375 Sixth Avenue. Last summer, this house started out as a FSBO at $1,595,000. No one bit and by the late Fall, Betancourt had gotten the listing and had marked the price down to $1,525,000. Now Warren Lewis has the listing for $1,495,000. We gather that the narrowness of the house has been viewed as a negative by some, but it looks to us like one of those houses that’s laid out in such a way that it doesn’t really matter. And otherwise it looks quite charming. Who’s been inside?
Listing #5009 [Warren Lewis] GMAP P*Shark
I’ve heard the phrase picture frame moldings and also library moldings.
I disagree, 1:27. I didn’t think it would take that much work to make this quite nice.
I went to an open house a few weekends ago and let me tell ya, this place comes off as a hugely overpriced mess. i don’t know how they made the pictures look so nice on the website because it was very shabby in person. It would require complete updating/reno and although its 4 stories, the building does not feel spacious in any way. there is also the problem of the basement…its an unfinished cave that is currently unusable for any purpose.
Sorry. I forgot to count the front yard.
That means the backyard is probably about 35′ deep.
Pshark has the house at 17.5’X40′ which isn’t actually that bad. The lot however, is only 87′ deep because it is an avenue block. I think lot size is really underrated as a determinant of price. A 17.5X47′ garden is pretty small by brooklyn standards.
I’ve noticed that a lot of houses that seem to have gone for more than you would expect have deep lots. There are a a few blocks in Park Slope and Prospect Heights with 130′-150′ lots.
These properties are pretty unique.
Stephne- Well, 5% of 50,000 is 2,500, and the agent only gets 1/4 to 1/2 of that. Not pennies, but not worth a lot of extra time either.
As for narrow houses, I agree with Browstoner that the layout is key. Some narrow houses have a standard layout, which just doesn’t work at 12-16 feet. Others are designed with full-width rooms and central staircases, which works much better. Having an extension for the kitchen makes a big difference too.
Foxstons Internet Ads even suck. Im just casually looking in NYC to get a feel for the market, and i refuse to look at foxstons ads. They are almost completely useless.
11:57 AM poster… comission on 50K is a bit more than pennies!
I would guess that alot of these houses were sitting on the market because owners had a number that they wanted to get. And the didnt necessarily need or even want to move. They were probably just going to wait till the market was ready to pay thier price… But with the market slowing they might have to just lower the price if they want to cash out. I think of these sitting propertys almost like a “limit” order in the stock market. jsut a few thoughts.
-stephne
Question for all you original detail fans…
The front rooms of our house have the same kind of ‘wall moldings’ as this listing. We call it ‘picture frame molding’ for lack of a better term.
So, what is it really called? And what time period are we talking? We love the look.
On the other blogs I read a lot about how FSBOs that sell quickly would have gotten more $ with a broker