House of the Day: 465 Clinton Avenue
We’re in love! This limestone Clinton Avenue mansion is just a few blocks from Brownstoner HQ so we get to pass by almost everyday. Until we checked out the listing, however, we’d never seen the interior. While we wish there were more pics, the two shots of the inside reveal some truly killer woodwork. Because…
We’re in love! This limestone Clinton Avenue mansion is just a few blocks from Brownstoner HQ so we get to pass by almost everyday. Until we checked out the listing, however, we’d never seen the interior. While we wish there were more pics, the two shots of the inside reveal some truly killer woodwork. Because this is a corner house, it was able to be built out on the entire lot, resulting in 6,300 square feet of living space plus a two-car garage. This results in the property’s only downside as far as we can see: The lack of a real backyard. With a price tag of $2.5 million, the big question is whether someone will step up to convert the 12 existing units back into an owner-occupied two-family or whether this has condo conversion written all over it.
465 Clinton Avenue [Corcoran] GMAP P*Shark
This is a mansion that is the size of a large brownstone, no bigger. In order to fit 12 untis in there you have to stuff 3 apartments per floor including the basement.
In other words a rabbit warren of little studios. It is a lifetime job to improve a house like this, I’m not saying it isn’t worth it, I’m just saying that you need to understand the reality of the thing.
Ignore the posters who obviously are pushing this as a “fabulous mansion”
it is a tenement, and will be for many years.
Ok thought police, have at me.
While maybe “right behind” isn’t quite right, the sunlight will be affected here.
check this:
http://www.onnyturf.com/gmap/?gmap_id=2
you have absolutely no clue where ay is if you think that is the case.
1st prize for most moronic comment of the day 5:38
Surprised noone has said this is right behind AY. Yuck. So long sunlight.
I just lost all respect for you Brenda. Even with the minimal amount of photo’s, it’s obvious that this is not an SRO. It’s mansion-sized, it’s not brownstone. You would know that 12 apartments was not an outrageous amount if you’d ever actually SEEN the building, or scene the types of vehicles that drive in and out of the parking area. Fran typed before thinking, or having any knowledge of that particular building. You both sound plain stupid.
Love your ‘Dr. Zhivago’ comment, Fran. And of course I got your point, both times. Ignore the ranters. Our Victorian Flatbush house was an illegal SRO and a legal 2-fam; we are still patching together a coherent 2-family living space 20 years later. Not a job to attempt on a shoestring; but then, anyone in the market for this baby is not worrying about shoestrings!
12:46 I am in complete agreement. IF you have the luck to be able to buy it and spend a year restoring (and getting the tenants out), then you’re investment will be the soundest you can get.
I would MUCH sooner invest here than in the West Village or anywhere in Manhattan. Best neighborhood in the Tristate area, and if I had kids (or dreams of them) and a really great income, wow, I wouldn’t hesitate.
This is a beautiful gorgeous house. I looked up on ACRIS and this is not an SRO, but a multi family apartment building. Don’t know if I am reading the records correctly, but it seems like 8 apartments are stabilized. Recent DOB complaints include falling plaster in one of the studio apartments and violations include recent boiler problems. Obviously you are getting an old beauty here with deferred maintenance problems and with an undetermined rent roll, but not an SRO which is good and this building could be gradually transformed into a smaller number of apartments. This falls into “life’s work” category, but boy, what a gorgeous place.
Comparisons can and should be made. My Upper West Side apartment was fine before I had twins and a live in nanny.
I never really considered BK but I needed to be near Wall Street and needed space and the prices can not be beat. I purchased a eight bedroom home in Ditmas Park. I did look in FG/CH also with the intention of converting any two family back to a one family. I lowballed a bid and lost out. I learned of these nabes during their various tours and now have previous neighbors who now have children looking to make the move to Brownstone BK because they have more financial options when they buy in BK. For now anyway!