580-Carlton-Avenue-0211.jpgHere’s an interesting one…This 1850s house at 580 Carlton Avenue in Prospect Heights just hit the market with an attention-getting asking price of $499,000. The reason for the low price, first and foremost, has to be the fact that the listings exhorts potential buyers to “Bring your architect and prepare to rebuild.” Translation: The interior is shot. The house is also on the small side and within a few blocks, but not right on top of, Atlantic Yards. Still, could be an interesting project for the right person!
580 Carlton Avenue [Corcoran] GMAP P*Shark


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  1. this really isn’t in the shadow of AY, and either way i think you’d find that the closing prices of recent sales in this immediate vicinity don’t support much of a discount on that basis.

  2. Montrose, gotta agree that Carlton is a great street, but I don’t know, this house seems trashed. And if what i_disagree and LincolnSlope say is true, you’re looking at major structural and systems work.

    Maybe $250,000 with another $500,000 for all the work it needs. $750,000 isn’t that bad for a house with no remaining historic details that is located within the shadow of AY.

  3. The place is not just a simple rehab. I think this is a tear down. There is soaked in water damage throughout the property inside. No one has lived in there since the 70s. The owner should sell both properties (he/she owns the neighboring house too) and allow someone to tear them down and make something interesting. Otherwise you have a place no one can live in and can’t be teared down since it is pretty much fused with the neighboring property.

  4. that’s between St. marks & Bergen, like right across the street (caddy-corner) from James restaurant. Not a bad location at all considering that Carlton Avenue will essentially dead-end at Pacific, meaning no through traffic to Atlantic. I think Atlantic Yards project is a minute consideration for potential buyer.

  5. rebuild a historic house in landmark district, isnt this like mega bucks and a long time to complete it?

    $1M to tear down and rebuild? 18 month construction time? pure guesses on my part

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