House of the Day: 81 Bainbridge
We’re having a hard time understanding why this stunning brownstone on Bainbridge in Stuyvesant Heights hasn’t moved. When we included it in Open House Picks back in early May (2005! Whoops), we thought it was a no brainer. (And maybe it was: That was over a year ago.) Granted it’s a three-family that is going…
We’re having a hard time understanding why this stunning brownstone on Bainbridge in Stuyvesant Heights hasn’t moved. When we included it in Open House Picks back in early May (2005! Whoops), we thought it was a no brainer. (And maybe it was: That was over a year ago.) Granted it’s a three-family that is going to need some updating, but the historic details are top of the line and it’s one of the best brownstone blocks around. We also heard from one reader that he thought some work had been done in the mean time. The seller hasn’t budged on price (actually the price has ticked up a smidge to $900,000 from where it was last year). This is probably a good strategy. When the right buyer walks through the door, he/she will be more than willing to pay the price.
Open House Picks 5/13/05 [Brownstoner]
81 Bainbridge [Corcoran] GMAP P*Shark
Bed Stuy is beautiful, historic, and good people. But I don’t quite get all the back and forth on this board. It’s clear that the market has said that the owners (or Corcoran pushing them and trying trying to “pop” another neighborhood)is asking too much. You expect someone to stroll in after a year, at a time when market has softened, and meet the price?
And the tooth fairy will be making house calls …
Bed Stuy is beautiful, historic, and good people. But I don’t quite get all the back and forth on this board. It’s clear that the market has said that the owners (or Corcoran pushing them and trying trying to “pop” another neighborhood)is asking too much. You expect someone to stroll in after a year, at a time when market has softened, and meet the price?
And the tooth fairy will be making house calls …
Donatella here…. I just had my head examined. I spanked myself too. OK, that issue of violent crime IS something you talk about. Hey, I wish you the best 4:51, relax, I wouldn’t pay 900,000 for that place though.
hmmm…to get $50 above your “ceiling” for a 1 1/2 = i’m a “liar” or my tenant’s a “sucker”? persuausive stuff…
cheers, mcteague and anon.
Anon 4:51 – thank you! I agree very well said…so tired of hearing so much crap about bed-stuy. And in terms of the rental market – we have four apts which are floor throughs – not even distinct one bedrooms (3 rooms +kitch/bath) and two are $1600 and two are $1550. We have FABULOUS tenants and just refilled one last week with what appear to be more fabulous tenants. There is a wide range of rents in bedstuy and the nice houses with train access ARE getting this much. Really. Now all naysayers, please come visit so you can see how great our neighborhood is before you keep trashing it.
mcteague – I don’t own I rent and I pay 1350 for a 1.5 bedroom so your rant about not knowing the rental market and will and blah blah blah is for the birds. I think 1400 is the ceiling. I don’t believe what you are renting is representing the norm in the nabe. my apartment is GORGEOUS to say the least two WORKING fireplaces, beautifully restored wood floors spacious with loads of details and obviously macdonough is tree lined (the greenest block in brooklyn for years, in fact). I stand by my initial comment, your tenants are fools to say the least to pay you 1495 for rent. you’re either lucky, lying, or proving to us all that there’s a sucker born every minute.
Is that the house with details to die for, but was used as an SRO and is trashed and needs all new plumbing, electric, kitchens and bathrooms?
I know I went to one open house last year in that nab and the place did have intact details, but it also had peeling walls, decaying haunted house vibe going. The floor plan looks familiar, the house I’m thinking of had cute shaving closets and butler pantries.
Or is this another “diamond in the rough” kinda place?
I agree whitman/ingersoll houses better know as Ft.Greene projects are the worst in the City so anyone who does not think so should walk down Myrtle ave cross carlton and let me know what think if they don’t get shot.