House of the Day: 227 Berkeley Place
We were wondering why the price tag on this Berkeley Place house was only $2,799,000. Then we got to the part in the description about the single rent controlled stabilized tenant in a studio on the top floor. Losing the half-floor of space is less of a bummer than the fact that you have to…
We were wondering why the price tag on this Berkeley Place house was only $2,799,000. Then we got to the part in the description about the single rent controlled stabilized tenant in a studio on the top floor. Losing the half-floor of space is less of a bummer than the fact that you have to keep the entire stairwell public. Then again, that’s why this place (which has some pretty kick-ass plaster and woodwork) isn’t priced in the mid-threes. It’s a tricky situation though: Most folks with $2.8 million to spend don’t want to be bothered with this kind of thing. Clearly the tenant doesn’t want to bought out or the current owners would have done so before putting the house on the market.
277 Berkeley Place [Corcoran] GMAP P*Shark
Photo by Kate Leonova for Property Shark
eh, RC should actually be RS. I don’t know what rent control is, my building is rent stabilized.
“The broker was also borderline nasty to people who were there as it got close to the open house’s end.”
Ever think that maybe the broker had another open house to get to? That is why she needed to get the people out that show up when it ends??
I am “boasting” that rent regulated tenants take enough pride in our building that we would never let our apartments resemble the facade of the building. Each apartment is not a mini-slum because we can control our own living space. I have no control/authority to replace the front door although we have all reported it as it is an obvious security issue. The problem is not always RC tenants, sometimes it is complacent landlords who have outright owned a building for 30+ years.
And, fyi, I got the apt. over the phone, long-distance from Turkey – had no idea it was RC & no idea of its “decreptitude” but have stayed for 2+ years because of the artists & wonderful BK librarian who have lived here for over 40 years & can tell great stories about the nabe over the years.
Maybe you should have an actual conversation with a renter sometime?
Berkeley girl, you said it yourself, you live in the worst building on the block. Why? because there are 4 regulated tenants, making the building, in one of the finest blocks in Brooklyn, a mini-slum. You seem proud of this.
But most r-c/r renters take pride in the decrepitude of their buildings. it’s like a weird badge of honor. It’s so “old NY”.
Have you ever heard 2 rc tenants boasting about who has the worst conditions in their apartments? Hillarious. Boasting about who is the biggest victim.
Psst – Brownstoner: the address is 227 Berkeley, not 277. You’ve got it right in your P*Shark link, but wrong in everywhere else.
Mr. B, I’m just curious if people recognize you when you’re out & if so, are they as rude to you in person as they can be on this blog?! You must have some thick skin!
And yes, “Anonymous” at 5:20, feel free to leave my medal on the stoop of the most dilapidated brownstone on Berkeley between 7th & 8th. You know, the one that has the stank odor of damp one-hundred dollar bills tucked away under mattresses and of the rotting flesh of rent stabilized mooches slowly decomposing in our dank $975 studios ruining everything on purpose for you wannabe single-home dwellers.
The paint is chipping off the front door and the bottom hinge is loose, but a medal should spruce things up a bit for the property. Thanks, sweetie!
THAT BROKER is not a particulary warm and fuzzy person. wouldn’t have cocktails with her or buy a home from her.
4:32pm,
I didn’t say only people in finance “can afford” Brownstones in Brooklyn.
I said it only “makes sense” for such rich folks to pay millions for houses in Brooklyn.
VP’s and MD’s at big banks won’t be ruined when this over-hyped market eventually crashes, but artists, teachers, engineers, etc., people with all their eggs in one basket, will be destroyed.
For the record, the same holds for everywhere else in NYC that townhouses cost millions, including Soho, where I happen to live.
I like this site because I enjoy following the market and enjoy renovating old buildings. You don’t have to live in Brooklyn to have such interests.
4:19pm,
Good point.
Well, while we are being nasty — some of us, anyway — I will add that I had a run-in with that broker a few years ago, and it was not pleasant.