House of the Day: 392 Waverly Avenue
Across the street from the property PACC is selling in a lottery for $600,000 sits this three story brick house at 392 Waverly Avenue. The house has all of its original details intact and the owner has spent a bunch of dough on fancy kitchen and bathroom appliances. As nice as it looks to us,…
Across the street from the property PACC is selling in a lottery for $600,000 sits this three story brick house at 392 Waverly Avenue. The house has all of its original details intact and the owner has spent a bunch of dough on fancy kitchen and bathroom appliances. As nice as it looks to us, though, there is really only 2,400 square feet of above-ground space so the asking price of $1,675,000 seems aggressive to us (as much as we’d like to see $700 a foot comps in the nabe!). Do people think being across the street from an elementary school is a positive or negative?
392 Waverly Avenue [NY Times] GMAP P*Shark
I lived on Clinton Ave. and this building was one of the buildings I would see from my window at the rear of my builing. It was a scary view back then. In 1981 you did not want to be out there at night, believe me.
This is funny. You kids aren’t living in Brooklyn. You are living in a Disney version of Brooklyn.
curious man- you are a fool.
I’m curious what type of jobs the buyers have that they can afford these very expensive homes.
Are there really that many rich folks in NYC or overextended fools?
I live on this block. I love living on this block, the life that the cute kids make sqealing on their way to school, how could anyone have a problem with that? There are lots of sounds of kids going to school in the morning, but what’s a better sound than that?
It’s fantastic that people actually use the basketball court/playground. Would you have it be deserted and silent? If this is what you are looking for, there is possibly the bottom of a rock that is longing for you.
Also, I once had a problem and called 911 here. Since we were on a school block, they were here within 60 seconds.
I live around the corner from this house and have watched its transformation with interest. If I recall correctly it sold for under a million not long ago; could it really have increased in value that much with the renovations? The ‘garden’ is well below grade; it’s a very small building. And it’s true that the end of the block is, in summer, a late night partyrama. But that might change now that the corner bodega’s changed hands. Rumor on the block is that the new owner hopes to open a wine bar. Good or bad, that might alter the vibe.
So, what’s the conclusion price-wise?
No matter you think the garden level is too substreet level. It is still a revenue generating rental – so can’t lower the total sq ftage if getting the income from the space….no matter how much you would like to see space selling for $700 sq ft.
We are across from an IS. Never a problem. But then it’s a highly selective school and they don’t let the kids wander around at lunchtime like the schools in the Slope do. Also they enter on the other street, around the corner. But truly the kids are nice. I can only imagine that an elementary school would be similar in this nabe.
wow, talk about “square footage”!!