House of the Day: Overpriced on St.James?
This five-story house at 286 St. James Place in Clinton Hill is nice enough but for $1.65 in this location we’d hope to get more than 16 feet of house. Plus, although the listing says the interior of this four-family place is in good shape, we’ll remain skeptical until some photos go up on the…
This five-story house at 286 St. James Place in Clinton Hill is nice enough but for $1.65 in this location we’d hope to get more than 16 feet of house. Plus, although the listing says the interior of this four-family place is in good shape, we’ll remain skeptical until some photos go up on the site. Unless the interior is really spectacular, this feels more like a $1.45 million house to us. And when you consider that the new owners will have a massive construction project going on out their rear window for the next two years, maybe less. Thoughts?
Lefferts House [Prudential Douglas Elliman] GMAP P*Shark
What’s that gated opening to the immediate right of the house in the picture?.
Arena parking won’t be an issue here, it is too far. The arena is at Atlantic and Flatbush, not at Vanderbilt. Vanderbilt is the beginning of the future condos/office towers and is four blocks away. Another half mile or so down Atlantic is where the arena will be.
I do think this is a high price though because of the narrow width of the house. Wide well maintained houses on the much nicer Lefferts place blocks (between St. James and Grand, and between Grand and Classon) fetch in the 1.5m area. So to ask this much for a narrow place (albeit 5 stories) is probably pushing it.
totally out of sinc with the market
Broker says “Investment property…Fully renovated top floor apartment.”
Probably won’t be delivered vacant (lack of interior photos wreaks of pending leases) and must need renovating (albeit not gut) elsewhere. C’mon. I don’t see this place moving for more than a mil (probably 750K if not sold quickly). It’s between Fulton & Atlantic. I do see Nets fans parking in these parts in future. Not a far walk to AY (extends all the way to Vanderbilt).
Goes to show you that you don’t need to know anything about 1)History, 2)Architecture, or 3)the neighborhood you are selling in, in order to be a real estate agent.
I’d be really embarassed to have said that the house dates from the 1930’s, when it should be common knowledge that most of the row houses in New York City are over 100 years old, even if you didn’t have a more exact date.
Can’t tell you the number of times I’ve also heard RE agents tell buyers absolutely ridiculous “facts” about features in brownstones and other old homes.
DO SOME RESEARCH!!!!
Maybe it’s the interiors that date from the 1930’s, hence the lack of pics.
Why 3 exterior shots of the house? Makes no sense and for that money people may get turned off because it looks like the broker doesn’t think the house is worth what they’re asking and is hiding something.
I wouldn’t let the random recent incident scare you Blabber. Cl. Hill is much better than years ago from a crime perspective. I do think this is on the high side for a narrow place, especially with the large condo construction about to begin behind it on Washington Ave.
Looks closer to 0.45 million than to 1.45 million to me — especially with all the recent shootings in this hood. You would have to be smoking some of the stuff they sell on the street corners to pay 1.45 for this.