House of the Day: 588 5th Street
Schwing! This new listing at 588 5th Street isn’t hard to get excited about. Located on a park block in the Central Slope, the single-family house has amazing original details, including parquet floors, wood moldings, mirrors, and plaster moldings. The unusual facade, a mix of brick and brownstone, is also part of the package. The…
Schwing! This new listing at 588 5th Street isn’t hard to get excited about. Located on a park block in the Central Slope, the single-family house has amazing original details, including parquet floors, wood moldings, mirrors, and plaster moldings. The unusual facade, a mix of brick and brownstone, is also part of the package. The kitchen definitely needs some renovating, but it’s huge and has some nice old built-ins that we’d want to try to keep. The asking price is $2,500,000 and we think they’ll get pretty darn close to it.
588 5th Street [Brown Harris Stevens] GMAP P*Shark
to most people, anyone affluent enough to buy a 2.6 million dollar home is super-rich, sorry to break your bubble. you are not remotely a regular, middle-class struggling American.
Just riding the subway and rubbing elbows with the common man does not make you any less rich than if you took a car service to work every day.
You may be too parsimonious to pay for a car service but then a lot of rich people are cheap.
“I suspect that the half bath the broker mentions is just off the kitchen.” (morallkan)
Oh yeah, I can see a roll of toilet paper in there, ha. Ok, good. That’s off the list. Well, at least the plumbing, hopefully.
I’m so glad that they showed a picture of the kitchen. So much better than imagining the worst. (BUT, even a picture of the worst is better than imagining the worst.)
“I think it’s funny that people think most buyers of a $2.5MM house are buhzillionaires who lead lives of leisure.”
LowerUWsider, thank you for that. Much-needed reminder….
Quaint x 1
Lovely x 3
Beautiful x 2
Preserved x 2
Work x 8
…no thanks. Kudos to whoever takes this on, though.
Minard, I think the subway is incredibly efficient, and I don’t mind riding it in the least. I can, in fact, expense a car ride home after 9 p.m., but by the time I order the car, wait for it to show up and then ride home through traffic, I will have only saved about 5 minutes. Same for a cab, if I’m lucky enough to find one.
And, at the risk of opening a socio-economic can of worms, as has been noted by many others on this blog, just because you live in an expensive house in NYC doesn’t mean you live like a king. You may have more room than a lot of other people in NYC, but after paying for that extra room the rest of your life is pretty much the same, and you look for the same things in a home, including proximity to public transportation so you can spend a few extra minutes a day with your family. Especially when your spouse also works. That’s all.
“When you work a lot of hours, every minute counts.”
You shoulda bought the brownstone on Kent St. In Greenpoint for $2.5M. Its a 15 min or less cab ride from midtown after 8pm (midtown tunnel). Get the subway in the morning.;-)
I hear you though, shaving anything off that commute really helps at the end of an already-long day.
lowersider: do you feel gypped that you work so hard and make so much money and have to ride the subways every day? Give yourself a break, take a cab no and then. Expense account it.
You can’t take it with you.
“I do not think that distance to the subway is a big factor for most buyers of a house like this.â€
I think it’s funny that people think most buyers of a $2.5MM house are buhzillionaires who lead lives of leisure. I am a farily recent buyer of a house something like this, and I commute by subway to a Manhattan office job daily, and work 10-12 hours a day, 5 days a week and on many weekends. I made a pretty big down payment, but I still have to keep working to pay the mortgage.
When I first started looking at houses in PS, I completely fell for the housing stock in center Slope, but I couldn’t deal with the additional 10-15 minute walk to the subway on top of the 30-40 minute subway ride. I know lots of people in the same boat. When you work a lot of hours, every minute counts.
I think a half million would do it unless you want to do something really showy like a 2-story library or setback rooftop addition to house your yoga room.
I do not think that distance to the subway is a big factor for most buyers of a house like this. Although it is important to their nanny and maid.