House of the Day: 397 3rd Street
Oh, boy, this new listing at 397 3rd Street in Park Slope is so nice it almost makes us want to paint our wood floors white! As the listing astutely points out, the four-story brick-and-brownstone house is not over-designed; it is, however, charmingly preserved with just the right touch of modern. It’s also well-styled for…
Oh, boy, this new listing at 397 3rd Street in Park Slope is so nice it almost makes us want to paint our wood floors white! As the listing astutely points out, the four-story brick-and-brownstone house is not over-designed; it is, however, charmingly preserved with just the right touch of modern. It’s also well-styled for sale, with just enough well-chosen pieces to look good but empty enough to be a blank canvas for the fantasies of the aspiring homeowner. All this good stuff don’t come cheap though: the asking price is $3,695,000.
397 3rd Street [Brown Harris Stevens]
Nothing worse than an uber-rich, uber-clean person who paints their floor white.
“Of course the rich always think they’re really poor”
I think I’m really poor. Does that mean I’m rich?
A couple of folks commented about no rental, but the listing says “Live in the whole house or have the option to rent the garden and basement as a high-income duplex.”
And from streeteasy there were 2 rentals …
Rental Activity for this townhouse
397 3rd Street
$5,950 RENTED 04/28/2009
3 beds 2.5 baths
397 3rd Street
$1,450 RENTED 03/12/2010
1 bed 1 bath
You know, if you put down 80%-85% of the cost of this house, even very conservatively invested you are foregoing income of over $1mm in the first 6 years of ownership.
I concur with Nokilissa that a lot of people who have benefited from the housing boom over the past 10 years are now making some questionable investment decisions (perhaps thinking the next 10 years will be like the last 10 years?)
Sorry Noklissa, by definition anyone who buys a three-million dollar home is uber-rich. Of course the rich always think they’re really poor, its one of their many
annoying pretensions.
You would think that someone who can afford a 3 million and change house does not need a few thousand a month in rental income but there are other reasons to rent. If the layout is set up so everyone can have their privacy getting paid is certainly nice but if you travel even a little bit it’s a much bigger deal when you’re away to know that someone is in the building.
And I agree, the place, although pretty, won’t sell at what they are asking, not even close.
Hey, painted floors clean so easily and in fact are in keeping with the character of the original brownstone. While not on the Park we are talking about a wide house. What is the kvetching about walking a couple avenues to the Park when you are a stone’s throw to the bars?
thedude, are you just being silly? If so, carry on.
If not, a million bucks simply doesn’t matter at this price point?
I might be with you if we were quibbling over a million dollars on, say, a 34 million dollar upper east side co-op or townhouse, but this?
It matters. And it isn’t about taste.
just a matter of preference, I dont want to play landlord to anyone if I need to drop 3 large on a house.