House of the Day: Midwood Not Mid-Priced
This four-story limestone on Midwood Street in Lefferts Manor is the real deal but, man, $1.495 million is a lot of dough for this nabe, isn’t it? It looks like the extensive woodwork in the house (including several fireplaces) is in excellent shape. As usual, we’re not loving the kitchen reno, but that is what…
This four-story limestone on Midwood Street in Lefferts Manor is the real deal but, man, $1.495 million is a lot of dough for this nabe, isn’t it? It looks like the extensive woodwork in the house (including several fireplaces) is in excellent shape. As usual, we’re not loving the kitchen reno, but that is what it is. The house, which is of a grander scale than many in the area, also boasts inlaid parquet floors, pocket doors and stained glass. Still, $1.495 million? What do the locals think?
Update: This is 68 Midwood Street–the identical twin of #55. Both were built by W.A.A. Brown and were originally priced at $11,000 when they hit the market a century or so ago. According to Bob Marvin, the reason for the dumbwaiter is that these houses were built with TWO dining rooms–an informal one in the ground floor front and a formal one, over the kitchen, in the parlor floor rear.
Midwood Limestone [Brown Harris Stevens] GMAP P*Shark
By the way, this house was already reduced in price by $100K. In general I think brokers didn’t expect the supply glut that greeted the spring selling season. Also, I think owners of prime properties like these won’t sell their gems just to have a sae go through. They know what they have, and as the neighborhood continues to improve, they’ll get it.
Not sure why Rutland Road sold for only $1.2M. Some say Rutland is less desirable than Midwood. It’s further from the train and Prospect Park (but not much).
Frankly, upscale Brown Harris Stevens always does better in PLG than cheesy Barbara Corcoran and her minions. I don’t know why.
This house does look amazing in the photos. I think BHS does themselves a real disservice here in that it is apparently company policy not to show any photos of rooms with beds in them! A home like this deserves photos of bedrooms. Especially at this price!
I think this house, and the absolute beauty on the corner of Rutland and Bedford are just over the price point of what people are willing to pay for the nabe right now. I’m kind of shocked the owners haven’t gone for reductions by now. They’d be long sold IMO.
Oh! Can some one spot me $1.5 M, I like this place. A working dumb-waiter, that’s too cool, I just have a mystery hatch that is all boarded up in my place.
I’ve been inside this house and it knocked my socks off! Stunning woodwork, steam room, retractable tv screen in the kitchen, working dumbwaiter, japanese garden, great block…..
OK Ed, I must have confused the 1.457M with another house. Nontheless, that’s the only house I know of to break the 1.4 mark. I really can’t see this going for more than 1.4M. It doesn’t seem worth 300K more than 38 Rutland, which is the same size and just sold for 1.2M. And March was a different market. This one has already been on the market for awhile, and had a 100K price reduction. But I won’t argue the point– we’ll see what happens.
1.457M was not freestanding. It was partially attached and only 18 ft wide. This one’s a 20 footer. also, the same broker sold an 18-footer on Midwood in March for $1.37M. It was smaller and only a few doors down from this one.
The Price is Right. This is where houses (especially on Midwood) are now in the neighborhood. And people are buying them. They are some of the best brownstones in all of Brooklyn. Most kept single family with all their detail since the day they were built. Hard to find stock in this abundance anywhere else.
Yes Ed I know about those sales. The 1.457M house was free-standing, huge, and an anomoly. The 1.3M houses are good comps–which is why I said this might sell for close to 1.4M.