House of the Day: Rugby Road Mansion
This lovely colonial revival house at 177 Rugby Road has been on the market for about a month at $2.5 million. Although it has some wonderful details (including one of the most amazing center staircases we’ve seen in a long while), the price tage is pretty dear for Victorian Flatbush (or Prospect Park South, to…
This lovely colonial revival house at 177 Rugby Road has been on the market for about a month at $2.5 million. Although it has some wonderful details (including one of the most amazing center staircases we’ve seen in a long while), the price tage is pretty dear for Victorian Flatbush (or Prospect Park South, to be exact). Property Shark says the house is only 3,400 square feet, though we suspect that doesn’t include the top “attic” floor. That said, the plot is 60 by 100 feet and includes a long driveway and garage. Basically, there’s nothing to quibble about in terms of quality (well, okay, kitchen could be a little nicer). The question is price. Are there any recent comps that would suggest that $2.5 is achievable for this place?
Colonial Revival Home [Mary Kay Gallagher] GMAP P*Shark
Last I check we live in NYC and not in Kansas, even people who pay $2M for a 2 bedroom co-op in Manhattan have not such nice surrounding areas and they even have crime.
would a new wrap porch really cost “hundreds of thousands” of dollars to build? that seems crazy to me, but i have no idea.
I guess wood makes people angry. those damn wood frame houses! I spit on them.
Because the people that were bizarrely angry at MKG, have now just seem to turn their anger towards any wood frame house in VF with fantastic period details.
why is there such hostility to VF here? is it people who are jealous of others owning such a large home on a quiet street? that the prices are too high? (which they probably are)
“PPS has wonderful homes, but it is surrounded by some economically depressed areas.”
Come on, Carroll Gardens is surrounded by both the Red Hook and Gowanus Housing Projects. That doesn’t make Carroll Gardens a less desirable area, rents and housing prices are rapidly climbing in that section.
I lived in PPS for 20-something years, and though I believe the homes are overpriced for such a generally crummy surrounding area, the commute was always easy for me and I honestly believe that Flatbush is eventually going to get better. My parents have lived here for 40 years and have seen it at its height and at its lowest. In the last 5 years, I truly believe it’s gotten better – I used to be terrified walking from the train to my house and it’s not so bad now. Like any large city, you just have to be alert and careful; people can get mugged anywhere. Park Slope wasn’t the place it is 10 years ago, and you still get incidents along 5th Ave so why attack VF? Just don’t go walking along Church Ave past East 20th.
There was a sub discussion about subway commute time, express bus times, etc over at this tread:
http://tinyurl.com/y2frlu
Be real, please. PPS has wonderful homes, but it is surrounded by some economically depressed areas. More power to the sellers if they can get $2.5MM. I wouldn’t pay more than $1MM to live in that house or any other in PPS.