House of the Day: Reaching a Bit on Clifton Pl
Full disclosure: This place is only a couple blocks from our house in Clinton Hill and if it achieved the $1.3 million asking price would imply that our house by comparison would be worth about twelve trillion dollars (which it certainly ain’t). Not to worry, though. We can’t imagine anyone paying full freight for this…
Full disclosure: This place is only a couple blocks from our house in Clinton Hill and if it achieved the $1.3 million asking price would imply that our house by comparison would be worth about twelve trillion dollars (which it certainly ain’t). Not to worry, though. We can’t imagine anyone paying full freight for this 4-story brownstone (the fourth floor of which looks straight out of Being John Malkovich). Even with the new plumbing and electric that have allegedly been installed, there’s easily $150,000 to $200,000 of cosmetic work to be done here. We’re not denying that we can see some nice bones and this could turn out to be a lovely home, but everything at a price. If this were a couple of blocks west, we could see it, but we don’t think this should fetch more than about $1.15 million (check out that taxpayer next door). But we’ve certainly been wrong before. For all we know, there are already offers on it. Anyone know?
Clifton Place [Corcoran]
I’d predict this will sell closer to a $1M… prices just got ahead of themselves, and the economy is hitting some road bumps.
The “big institutional property” mid-block is a residence for senior citizens.
The house in question is next to a dry cleaners facing on Grand Avenue that has been known to sell…um, stuff other than dry cleaning, and the little property immediately abutting the house that may be an extension of the dry cleaner’s and looks like it was constructed in what was originally an alley reputedly houses a numbers racket. Caveat emptor.
This is not anywhere near Myrtle. Clifton Place is parallel to, and one block off of, Lafayette. The “4th” floor looks less like a floor and more like glorified attic space from the outside considering the small windows. The price might be a bit high for the size. Clifton Place between St. James and Grand is very nice, landmarked. This is the next block.
oops – I meant to Adam in previous post- not Tom.
Sounds like $464 sq ft and needs finishing…next to a garage….and what’s the big institutional property that takes most of mid-block? I’m sure could be very nice…but needs major discounting for not prime block or location. (if I were selling I’d be very happy with $464 sq ft and I’m near Bergen St F train station and not needing all the work)
To Tom: according to map 116 Willoughby is near Waverly….if you don;t like that block to walk to subway – go up Clinton or Washington…I think some of the most beautiful …and very expensive… homes in NYC. I don’t live up there but familiar with it since ’70s..I would feel safe. (and the incident mentioned is miles away in very different ‘hood)
Re: Clifton Place property
After attending as couple of open houses on Saturday, we planned on looking at this but did not even go inside as the block looked sketchy to say the least (more so than certain parts of Bed-Stuy where a good friend recently bought and was subsequenlty featured in the recent NY magazine piece).