House of the Day: 331 21st Street
Maybe it is possible to make money in this market by fixing and flipping! This house at 331 21st Street in Greenwood Heights traded for $735,000 in February 2010. It’s now back on the market—with a whole new look—with an asking price of $1,179,000. In the meantime, someone with a very good eye really spiffed…
Maybe it is possible to make money in this market by fixing and flipping! This house at 331 21st Street in Greenwood Heights traded for $735,000 in February 2010. It’s now back on the market—with a whole new look—with an asking price of $1,179,000. In the meantime, someone with a very good eye really spiffed the place up. The exterior might not have universal appeal but we like it, as we do the modern renovation of the interior that also manages to play up a couple of the house’s original assets, like the floors, walls and beamed ceilings. As nice a job as it is, we’re not convinced that the location and size of the house will support the asking price. What do you think?
331 21st Street [Betancourt Realty] GMAP P*Shark
Right across the street from me. I like this place from the outside—good call Denton re: Greenwood Heights’ bevy of modern facades— but I cannot for the life of me make out what the devil is going on w/ the layout.
It’s not bad. Good example of how to do a renovation w more taste than cash. They put in the cheapie unfinished beam to “open up the space,” but instead of a hideous drywall soffitt, they used a pretty (salvage?) wood beam and a good looking steel column.
No idea re prices in this area.
you know Ditmas – you might be right – I might be a bit too bullish thinking it will sell at $1.1
If I recall there was a house on 23rd ( I think btwn 5th and 6th) that had been renovated with a complete modern/airy feel and it sold for $775K about a year and a half ago – it was only a 1 family and narrow – but still the upgrades were indeed nice…
yeah I will bet this sells for about 980K
We looked at this house yesterday with high hopes. The owners (one an architect, I believe) did a great job excavating some of the space and installing a fantastic kitchen. The bathrooms are great too. But it’s on the small side, and none of the bedrooms have any closets (what up with dat?) – so I ended up feeling that they were asking a bit too much. The apartment upstairs is not renovated at all, but it’s nice enough for a rental.
So, you have the downstairs, which is basically a railroad apartment with two windowless rooms, and nothing to function as a real bedroom. PLus, where the hell are the closets? Then you have a “very spacious upper floor rental” which is not depicted in the photographs and perhaps not renovated.
I say this puppy doesn’t crack a million.
I’m not sure I like this. I definitely don’t like the bedrooms being in the basement; If I’m reading the floor plan correctly.
What style is this? Modern?
Did they put at least $250,000 into this place? If not, they are greedy bastards.
The exterior is pretty damn nice.
Seems to me they’ll hardly break even, assuming the reno costs plus the original cost.
This isn’t the only great, personal modern facade happening in Greenwood Heights. One of the great things about the hood is the freedom to do this stuff since it’s not landmarked and who objects if you improve a crap vinyl siding job?
Of course, I don’t know if this is ‘contextual’, since it’s not vinyl.
I drive by this house often and have always admired the exterior – I think it’s a great little idea of a house set amongst the Shanty Shacks of “Greenwood Hts”
however I am slightly disappointed by the interiors, especially the kitchen and I think it’s a bit overpriced.
I think it will sell for close to 1.1mil maybe a bit less b/c it’s 3