House of the Day: Bushwick Battered Beauty
A reader brought this crumbing Bushwick mansion to our attention yesterday and it was love at first sight. The three-family corner prop is at 747 Bushwick Avenue, the area’s “mansion row”. The ad spends a lot of time laying out the mortgage math for potential buyers which always makes us a little suspicious (“methinks thou…
A reader brought this crumbing Bushwick mansion to our attention yesterday and it was love at first sight. The three-family corner prop is at 747 Bushwick Avenue, the area’s “mansion row”. The ad spends a lot of time laying out the mortgage math for potential buyers which always makes us a little suspicious (“methinks thou doth protest too much”) but we’re in love, right, so it doesn’t matter. The two-car garage is another bonus. And if that’s not enough to convince you, the broker’s got the most rocking tie we’ve ever seen. In all seriousness, we can’t make a reasonable evaluation without knowing the environs a little better, so we’re hoping that those more knowledgeable than ourselves will drive the discussion.
Corner Historic Brick [Elliman via Craigslist] GMAP P*Shark
Someone brought this up recently and and I think it is a good point: people on this site rarely talk about public schools when discussing the desirabiltiy of neighborhoods and values of houses. For many people with kids who can’t afford private school, this is a prime factor, not how intact the orignal details of a house are. I remember driving through Clinton Hill and thinking, “Wow, great housing stock. We should move here.” But then I’ve talked to people who live there and the school system sucks. Same with Prospect Hgts. I know people who’ve moved out of that neighborhood, though they loved it, because they needed to be in a better school district. I moved to the back end of Windsor Terrace, land of vinyl siding , because of the school — and proximity to the Prospect Park.
I drive by that house every day on my way to woodhull and would not give you a nickel for it
1:26:
So, anyone who votes Republican is a “racist…moron…with no soul”. A bit harsh, judgemental, and hypocritical, dontcha think? (And I voted Kerry, btw…)
give elecricgreek1 a break. he/she is just a racist ‘republican values’ leaning moron with no soul. Nothing to see here. Move along.
i have driven by this place on numerous occassions and wondered what it was like on the inside. i am sure the place will require tons of work to get it up to speed. the asking price of 1 million is too greedy i think – even though the property has amazing potential.
You can get a gorgeous woodframe in Ditmas Park vicinity, a much more stable area, for a million bucks or a bit more, but worth it if you ask me
I don’t think it’s astute to buy this now, veggieburger, nor would it be “buying early.” Not for over a million dollars. “Astute” and “buying early” are the people who paid 300K for a fixer upper in Fort Greene or Clinton Hill.
Face it, the real “pioneers” of neighborhoods, who could see future value or just had to live somewhere because it’s cheap, paid nowhere near one million for a fixer upper. You’re looking at many many years for Bushwick to reach levels that certain Brooklyn neighborhoods have, and even in those ‘hoods, there are tons of comments around here about houses in better condition than this one being “overpriced” when they’re only slightly more expensive than this one and in areas that are already much better. No, buying this place for one million would not be astute but it would make you a giant sucker. Bid 300K and make a go of it, but don’t invest a million dollars in this house.
I never understand why every discussion has to have all of those nasty racial innuendoes and comments. As far as I’m concerned just because electricgreek1 decided to live in Bushwick he has a lot of nerve complaining about the other residents of a neighborhood that has a long hard history. People like him cannot develop empathy- they don’t want to. I’m out of patience with people like him- they claim to be brutally honest so they can vent their worst traits. They blather on about market values, gentrification, amenities, changing neighborhoods so they can disguise what they’re really saying- and we all know what that is.
By the way electricgreek1- a “better class of people” doesn’t mutilate english like you do, and I quote “this house might not be in prestine condition or have the best reno job but . it’s in much condition than shan’s. and on a wider lot with a garage . if bushwick resident’s remain the same the neighborhood will never reach it’s full potential.”
I would take your social commentary a little more seriously if you could express it with some degree of literacy. Just being honest- how do you like it?
Anon 7:45,
All I am saying is that the same thing is happening in Bushwick that happened in those other neighborhoods. Prime houses like this one tend to appreciate at a higher rate than smaller, uglier ones, as a neighborhood gentrifies. Buying a house like this so early is very astute.