House of the Day: Stuy Heights Grandaddy
This glorious architectural specimen in Stuyvesant Heights has it all going on–5,000 square feet of wood-paneling, parquet floors and stained glass. The first viewing is at today’s open house (quick, you’ve got about half an hour to get over there!) though you’ll get another chance on Sunday. It’s currently configured as a two-family with the…
This glorious architectural specimen in Stuyvesant Heights has it all going on–5,000 square feet of wood-paneling, parquet floors and stained glass. The first viewing is at today’s open house (quick, you’ve got about half an hour to get over there!) though you’ll get another chance on Sunday. It’s currently configured as a two-family with the rental apartment on the top floor. The pictures tell the story–our only question is what kind of comps are there for this place? $1.2 million does not sound outlandish to us for the quality and location. What do people think?
416 Stuyvesant Avenue [Corcoran] GMAP P*Shark
There are some cool towns along the Hudson that have less of a suburban feel and you can get a house within walking distance to town and transportation…Peekskill, Nyack, Ossining, Beacon, Poughkeepsie….
Upper Westchester is not for everyone. We sold our house in Park Slope and moved to Croton-on-Hudson. Yes, it’s beautiful, but I never managed to be happy there, even with my rustic house on 5 wooded acres with a swimming pond. It’s easy to get isolated. There is little diversity, the school is good, not great, and very white. There’s very little going on culturally. I ended up selling the house and coming back to Brooklyn (where I’m completely priced out, but that’s another story!)
Cheap Boy, the problem with Allentown is that it is in PA.
You can still get a nice townhouse in Allentown PA (hour and a half drive or bus ride from Manhattan) for around 100k. Get’em while the last!
I think long-term Bed Stuy is a great investment and you have more to gain financially than in established neighborhoods. Disclosure: I own there.
Anonymous Troll 5:15- So glad you’re coming with Starbucks and Barnes and Nobel (sp). I hear they sell dictionaries there where you might be able to learn how to spell and construct a sentence. We’ll have that carpet ready for ya!
Annon 5:15pm – Ahhhhh—Starbucks!! The true measure of excellence!! I’m all for gentrification which is to say that I welcome it but let’s not be mistaken, no one is begging for it.
I use to let trolls like yourself get to me but I’ve learned overtime that the vast majority of bloggers on this site, irrespective of race, color or creed are very decent and well intended folks.
Stupid and inflammatory comments such as the one authored by you do not aim to further any intelligent discussion on the issues but rather to provoke and create an emotional charged reaction with the purpose of bringing out the worse in people.
Perhaps next time…..
1. As long as we’re on the “where’s a better investment” question, that raises another point for Househunter to consider. Are they looking for an investment–in other words, do they want to bet that a certain neighborhood is going to “improve” (crime, schools, retail, however they define it)–or do that want to move somewhere that, if it stayed pretty much as it is now, they’d be fine with it? (I have no idea if Stuy Heights fits this bill for them, but it’s a point to consider.)
As to which neighborhoods are more likely to “improve” faster–I’m not even going to guess at that.
2. I think it’s pretty clear that, with their budget and space requirements, they are not going to buy in an “established” neighborhood anyway, so moot point.
linus, you’re correct, I meant to type 1% for mansion tax, not 10%