457 77 street2

The photos in this listing for 457 77th Street in Bay Ridge are not the best we have seen, but they reveal a well kept circa-1900 townhouse with oodles of details. These include stained glass, parquet with a zig-zag border, a dining room with wainscoting, a built-in sideboard, several wood mantels, and an elaborate screen.

The wood work does look as though it’s gleaming, and the listing says it was restored.

The house is set up as two floor-through apartments with a professional office on the garden floor (aka a two-family with a commercial unit). Taxes last year were $6,885, according to PropertyShark. Bathrooms, windows and heat are updated, according to the listing.

Does the ask of $1,295,000 seem about right to you?

457 77th Street [Jabour Realty] GMAP
Photos by Jabour Realty

457 77 street1

SAMSUNG CAMERA PICTURES

SAMSUNG CAMERA PICTURES

SAMSUNG CAMERA PICTURES


What's Your Take? Leave a Comment

  1. BR is notorious for lack of COs, which can create a huge problem for the unexpected buyer. Zoning is residential on these streets, it’s a mystery why commercial spaces are allowed to function in these buildings. Could be an issue when filing for permits.

    • I’ve been inside of this place. The restored detail is really great–and almost entirely intact. I don’t think the lack of a C of O is really a problem — professional offices for medical or home occupations (such as a law office) are legal under residential zoning. It would also be a pretty easy conversion to an apartment.

  2. These buildings are impressive to be sure, and large. And the income from the professional office makes the numbers work. BUT, as impressive as these buildings are – and there is a largely intact row on the left side – this block of 77th Street suffers from its commercial nature. Nearly all the limestones in this row have first floor commercial spaces – mostly doctors, dentists, and lawyers. The signage and increased foot traffic hurt the grandeur and feel of this block. One block north or south and you have rows that are not zoned for commercial and those blocks feel much “nicer.” Looks like some work will be needed to bring the units up but my hunch is that this is priced reasonably because of the potential income.