House of the Day: 358 Washington Avenue
We wish we had the money and the time to take on a renovation project because this brownstone at 358 Washington Avenue, at the corner of Lafayette, is just calling out to be restored. The 3,500-square-foot house has tons of beautiful architectural details to work with. In addition, because it’s a corner house, it has…
We wish we had the money and the time to take on a renovation project because this brownstone at 358 Washington Avenue, at the corner of Lafayette, is just calling out to be restored. The 3,500-square-foot house has tons of beautiful architectural details to work with. In addition, because it’s a corner house, it has windows along the entire eastern exposure. Wow. And given the location, the asking price of $1,150,000 doesn’t sound crazy, though it’s obviously completely dependent on how much dough you think you’ll have to sink into bringing this place back to life. UPDATE: This just in from a broker in the know…”This guy showed it first on Friday and is taking best and final today at 5pm. Totally bonkers…Will go for over ask.”
358 Washington Avenue [Corcoran] GMAP P*Shark
Things really have changed I guess.
A year ago 107 Gates Ave which is a 1-1/2 blocks away was listed at 1.2M. I don’t know what happened to it but it was a corner lot with a backyard which you could park a car in with a curb cut. It had been renovated.. rental quality in my opinion but it did have all new utilities, AC, roof, floor joists, etc.. So fully renovated and it had been listed for a year or more I recall.
A bit confused by the market as these two properties seem similar except one has been renovated… which as discussed above does cost plenty…. so how are there prices similar??
I am surprised as well at all the crime lately in the area. It’s not 2007 anymore. Unemployment I guess is leading to crime. Wonder when that will turn around.
mcKenzie, welcome to Brooklyn. I’m sorry you don’t find it as nice as your 5th floor walkup in Queens.
How many times were you beaten up as a child???
Aw. I missed it.
Double bubble, double dip. Supply of brownstones finite but so is duration of quantitative easing, mark-to-fantasy accounting and historically low interest rates.
Caveat Emptor!
NYXR100!
***Bid half off peak comps***
Get out of the slums a little and see the rest of the world.
Brooklyn is NOT THAT NICE. In fact it is kind of a hell hole. Sorry, that’s what I really think.
364 Wash a few door down from this is in contract – asking over $2m. FWIW.
And thanks mtr! I’ll try to take a glance when I’m in the Slope. Best of luck.
Wow mckenzie, have you even been on this block? It’s a relatively quiet intersection with the usual foot traffic from the G and the occasional truck but nothing worse than some horrid jammed Blandhattan condohood.
Stay in your overpriced tower in dullsville. Brooklyn doesn’t want you.
what the hell is SSI?
I am fairly familiar with this boondock. Hate it. Crowded and dead. the worst of both worlds. And predominantly inhabited by poor-ass Americans of several races but predominantly African Americans. There are however perhaps half a dozen haute bourgeoise Caucasian households whose self-righteousness and political correctness will drive you buggy.