House of the Day: Bainbridge Beauty
How sweet it is! This four-story brownstone in Stuyvesant Heights Bedford Stuyvesant has mucho architectural detail and is priced at under a million bucks. Seems like a great combo to us. Unfortunately, we don’t have an exact address: The url of the listing suggests it’s 16 Bainbridge but Property Shark shows no such address. Judging…
How sweet it is! This four-story brownstone in Stuyvesant Heights Bedford Stuyvesant has mucho architectural detail and is priced at under a million bucks. Seems like a great combo to us. Unfortunately, we don’t have an exact address: The url of the listing suggests it’s 16 Bainbridge but Property Shark shows no such address. Judging from the description in the listing, it’s on Bainbridge at around Patchen. The three-family house is configured as a lower owner’s duplex topped by two floor-through one-bedrooms. Let’s say you put down $200,000 of the $975,000 asking price; your monthly mortgage of $5,000 would be significantly defrayed by rental income of between $2,500 and $3,000 (for the two apartments combined). Not bad. Update: The address is 167 Bainbridge Street. According to the LPC map, this puts it just a few houses shy of the Stuy Heights border. (Number 145 is the last house in the historic district.) Commenters report a bidding war and an accepted offer at $999,000.
Bainbridge Street [Urbanview Realty] GMAP P*Shark
$1200-$1400 this close to the A express and the few restaurants/cafes that do exist is the norm. I’m getting these rents now.
Newstoner,
I was just stating that I was surprised that it wasn’t on brownstoner two weeks ago. Since it was clearly advertised on the NYtimes online with full addresses and Open House times. We felt for sure that it would show up on Brownstoner and fuel a bidding war much like what took place at 100 Decatur.
In either case, we didn’t have the guts to go forward with an offer and lost out on a beautiful building on a great block.
I covet those built-ins. Never-painted woodwork is a huge plus in my book.
donatella, before you get your undies in a bundle, I think $2500-$3000 is referring to a combined amount for two apartments, not rent per apartment.
Anon @ 11:59?
I’m confused… On one hand, you sound critical of the fact that this house wasn’t shown on brownstoner, and on the other, you’re stating you wanted this to fly under the radar to enhance your ability to get an offer in….
I’m not getting it.
Holy Moly, they look like nice apartments, but if they can get those rents, let me know. I am WAY undercharging in Fort Greene.
I understand they have an accepted offer at $999,000.
The actual address is 167 Bainbridge street. And it’s between Stuyvesant Ave. and Malcolm X blvd. There were 2 Open Houses and I understand there is an accepted offer at over asking. My wife and I went to both OHs and it was a stunning house and judging by the big turnouts I have a feeling they got a few offers.
This prop. is less than 2 blocks to the ‘A’ express down beautiful Stuyvesant Ave. I only wish we had pulled the trigger – I’m getting tired of sitting on the fence.
Mr. B. I wondered why this prop. didn’t show on your site last week. It was listed in the times two weeks in a row. I actually didn’t want it to show on this site in hopes that I would have gotten a better deal with the sellers.
the historic district of stuy heights ends at 144 & 145 bainbridge…if anon 11:51 is right, this is merely a few houses down from the end of the historic district…much better than mr. b’s guesstimate in terms of location.