House of the Day: 1441 Dean Street
The current owner of 1441 Dean Street paid just $626,000 when he bought the three-story, two-family house last June. Since then, he’s clearly done a lot of cosmetic work, polying the heck out of the floors and making the gorgeous wood paneling look its best. It’s unclear what else he did nothing that required…

The current owner of 1441 Dean Street paid just $626,000 when he bought the three-story, two-family house last June. Since then, he’s clearly done a lot of cosmetic work, polying the heck out of the floors and making the gorgeous wood paneling look its best. It’s unclear what else he did nothing that required a DOB permit, that’s for sure. Given that the house falls outside the proposed Crown Heights North Historic District and is only three stories, the asking price of $849,000 feels a tad aggressive. We also wonder whether those floors might be a little too glossy in person. Waddya think?
1441 Dean Street [Corcoran] GMAP P*Shark
But if price is determined by “factors such as location, details & finishes, neighborhood amenities, quality of schools, etc” how can property A be worth 200K more in 6 months in a slow market unless a significant amount of work was put into it? Are you saying that Property A was a steal at the June 2006 price?
Amen, C-Roy. House is worth the price or not. If the owner somehow got a bargain he is not obligated to pass along the savings to you.
The guy with the beard is Mordy Werde. I just bought a place in Prospect Heights from him. I relocated from SF Bay Area. He was the only broker that took me serious (i’m a bit of a goof). As much as people warned me about Corcoran, I will use Mordy again.
I and others have asked this before but what does it matter how much the owner paid and when? Are you saying that if the owner paid $750K last June the price would be more reasonable?
In my mind price is determined by factors such as location, details & finishes, neighborhood amenities, quality of schools, etc. The house is either worth the asking price because of these things or it isn’t. I just don’t see how you can argue for a discount in the price of Property A vs. comparable Property B because Property A was originally purchased for less money.
What was paid by the owner and when is a nice piece of gossip (e.g. Wow, there going to make x profit in 1 year) but useless in my mind for determining if a price is fair.
i love this house but asking was out of my price range. i think i’ll have to give up my dream of owning a bklyn brownstone. 🙁
Gorgeous fretwork and detail. This is also a very pretty, nice, quiet block. I have friends nearby, and often come down this block. While price may seem high for a three story around here, I don’t see them having any problem getting what they want, the pictures show an attractive house, and hopefully that proves to be so upon actual viewing and inspection. If they do have three offers, buyers seem to think price is fair.
Welcome to the neighborhood.
3 at asking that’s great news.
Annon 12:41- Yes forced air was standard in these Brownstones. It’s not as bad as you may think… you can add an AC unit to your furnace and have central cooling. Plus radiators can take up musch needed realestate space.
Leroy:
Stupid comment, and seems to be based on the fact one broker has a yamakuh on. We really don’t play like that on this site. Go back to curbed.com.
yes, but is good for the jews?