464macon020707.jpg
It looks like the success of 100 Decatur has emboldened owners in the surrounding area. Today’s house at 464 Macon Street, while certainly very nice, is a whole floor smaller than Decatur. Property Shark puts the square footage at 2,600 which, at the asking price of $899,000, comes out to about $350 a foot. The house traded at $750,000 back in September 2005 but it’s unclear to us how much has been spent on the place since then. Not that it really matters — the price will be what people are willing to pay. What do you think that will be?
464 Macon Street [Corcoran] GMAP P*Shark


What's Your Take? Leave a Comment

Leave a Reply

  1. I think this place is a bit pricey at $899k. I’d like to think the house could get this much, as I have a 4-story on Macon one block over. But unfortunately, I’d have to say $775-$800 is about right for 3 floors. BTW, I do this commute every day and it’s approx. 20-25 minutes to Manhattan on a good day. I work on Wall St but don’t bother with the 4/5, as it’s less than a 5 minute walk from Fulton to Wall. Taking the 4/5 down to Wall probably adds 5 minutes to the commute as the trains run every couple of minutes during rush hour.

  2. Do any people making comments about the A/C take the subway from these stops? I take it from Utica most days and it is 13-16 minutes to Chambers St on most days. I make it to Penn Station (In Newark, New Jersey) in about an 1:10, including my 15 minute walk to the subway. Occasional stops about 2 or 3 times a month.

    Maybe I’m just lucky though, because I take it relatively early (before 7:30).

    I’d guess it would take longer from Clinton Hill, because it seems like there is one C train for every 2 or 3 A trains in the morning.

    On the house though, I think it’s overpriced by about $100K. Someone looking for a mortgage would not be able to get it appraised at that asking price.

  3. Decent house, but deserves a considerable discount being only 3 stories. Brokers kill me with the claim that it’s only 15 minutes to Manhattan from Bed-Stuy. I understood it in the days b/4 folks knew Brooklyn and redily assumed it would take an hour to get to Manhattan. But today, anybody that knows ANYTHING about the A/C line, knows it’s only 15 minutes to the first stop in Manhattan if you’re LUCKY. And if you work on Wall St., you have to Transfer to the 4/5 and that will take an additional 15 minutes. MIDTOWN??? You’re lookin’ at 45-50 minutes EASY.

    G train to Queens then manhattan on the E/V is easier and quicker – to MIDTOWN that is.

  4. 45-50 minutes to midtown, pretty typical from almost anywhere in Brooklyn.

    Doesn’t look overly impressive, but depending on condition and appearance in person they may find someone who’s interested in a cleaned-up building that doesn’t scream needing tons of attention.

1 2