house
This South Slope frame house sure is purdy. The four-story, two-family place looks to be in excellent shape and chock full o’ architectural details. The config is owner’s triplex over garden level floor-thru. The rental generates $1,850 a month. Our emails to Betancourt went unreturned so we don’t know the address, but this should be a pretty easy one for readers to figure out. Without knowing a little more about the location, it’s hard to comment on the $1,450,000 asking price.
South Slope Two-Family [Betancourt] GMAP P*Shark


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  1. I’m guessing from reading propshard – which says 16.67 x 36 and has reference to application for addition on 1st 2 floor that is about 2800 sq ft. Just guess though.
    Which would put it above $500sq ft. for well done and completely redone space.
    Of course you are under penalty of death if you ever claim to live in ParkSlope.

  2. The people at Betancourt say this house has an accepted offer. It must be pretty close to asking because they’re not showing it anymore. I thought it would go for lower too but there you go. Not too much softening over here in the South Slope!!

  3. Hear lots of posters criticising properties and talking about the market dropping. Some of it is valid, but I’d like to know where people are finding single-families in good neighborhoods for under $1 million. I’d like that to happen, so I can buy. I’m just not seeing it. If you can buy this for $1.0 (as a previous poster suggests) your mortgage is going to cost you about $55k per year and you’ve got about $20k of rent. That leave you with a cost of about $3,000 per month (pre-tax benefit) for a triplex. I think it goes for more than $1 million.

  4. I went to the 1st (and only) OH for this property on July 30th. It’s absolutely smashing and the guy did a great job with renovations. It is 229 11th st bet 3rd & 4th. The place was purchased for under 200K in 1999!!! This price would be historical in the neighboring blocks. Nothing has sold for over a mill bet 3rd & 4th even during the crazy times. 233 11th st sold for 860K in 4/06; 241 11th st for 930K in 4/06. You can get much nicer blocks for 1.45M. I think 1.2M would be pushing it too. There’s no doubt it is gorgeous. They have bought a larger place in Bay Ridge–that’s why they are moving.

  5. I don’t find the liberal use of neighborhood names a problem. Nobody is being conned….The apt you rent or house you buy is at very specific address.
    People ask where abouts you live… they are looking for general reference to something they know. Tell someone Gowanus and doesn’t help most people.
    I’ve lived around here most my life and suddenly there is a ‘neighborhood’ Gowanus.

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