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
3:04:
Nah, same open house, just difference in opinion. there were def. some nice details, but the kitchen to outdoor space flow was strange, and I found the garden floor to be claustrophobic.
Coulda sworn Ms. nasty-pants said controlled, but I could be wrong…either one would be a deal-breaker for me.
gorgeous block and beautiful house overall, though.
that’s interesting. you must have gone to a different open house than i did.
owners duplex is lovely. beautiful details. and the tenant is indeed stabilized, not controlled.
seems you must be mistaken about the address of the place you looked at.
😉
Anon 2:58
Fran, if you are so against rent control and stabilization, with numerouse, inaccurate, and/or wild assumptions, why are you looking at this house?
I went to this open house. The broker was less than forthcoming about the rent-controlled (not stabilized)situation, and the owner’s duplex is really strange. And, you couldn’t see any of the other units other than the owner’s. The broker was also borderline nasty to people who were there as it got close to the open house’s end. $10 says the tenant is a huge nightmare who will not be bought out and refuses to pay the rent if the sun doesn’t shine correctly that day.
this house would cost easily 5-6 million dollars a few stops away in manhattan.
even with the tenant/s.
if you all knew anything about brooklyn real estate and especially this part of the historic district of park slope that is less than 2 blocks to grand army plaza and the 2/3 train, prospect park, the q train, all the shopping, restaurants on 7th and 5th avenues, you would know that 2.7 million is indeed a good price on a house like this.
laughing at that number means you really don’t follow whats going on with real estate at all. it would be similar to laughing that there are 2 million dollar homes for sale in southampton.
really not super funny. or surprising in the least.
only 2799…..2x lol
Fran is back – ignore.
Another thing about rent-regulated tenants, they can stop paying rent at any time due to any reason, ie: the window sticks, the plaster is blistered,
the water is not hot enough, the insect screen is torn. I’m not kidding. Some of these characters who know how to play the system, have not paid rent in years. It is a peculiar system. Don’t llet realtors minimize the heartache and trouble that it will entail. I am speaking from bitter experience.