House of the Day: 69 Maujer Street
This attractive three-story brick townhouse at 69 Maujer Street has been on the market a loooonnnnggg time. It was originally listed for $1,350,000 last September; after languishing for five months, the price was cut to $1,200,000 where it has stayed for the past four months. Even though this is hardly prime Williamsburg, we’re a little…
This attractive three-story brick townhouse at 69 Maujer Street has been on the market a loooonnnnggg time. It was originally listed for $1,350,000 last September; after languishing for five months, the price was cut to $1,200,000 where it has stayed for the past four months. Even though this is hardly prime Williamsburg, we’re a little surprised this hasn’t found a buyer yet given the paucity of townhouses with any historic charm in the area. The fact that the house is only of moderate size (2,700 square feet) shouldn’t be a deterent either, since the lot is 25 feet wide and there’s lots of air rights to play with; for some reason this block has an FAR of 3.4, considerably more than your average residential block. We don’t know the immediate area that well, so we’re assuming that’s what’s holding this place back. Thoughts?
69 Maujer Street [Sotheby’s Int’l] GMAP P*Shark
Photo by Scott Bintner for Property Shark
I had left messages and emails with the broker and they never returned them. Maybe it’s on the market because they aren’t particularly active in trying to sell it?
Ralph and Alice Kramden would have loved the kitchen.
The kitchen defines bare bones. Look at the cabinets.
Could it be that, based on the photos, there’s little to justify $1.2 million, much less $1.35? Are potential buyers expected to be wowed by the fact that the house rests in Williamsburg? If I were a buyer, I’d want a ton more than that–especially if I’m expected to plop down $1.2 million.
I think the kitchen is cute as is — but so easily improved, you practically don’t have to demo anything, just take the stuff outside.
Some really smart, arty creative director type is gonna make a total gem out of this place and you’ll see it in Domino next year. The light is terrific, the floors are original, and the proportions are adorable.
That part of the neighborhood is absolutely fine –
I like the Location, hate the Kitchen. I guess the price is just a little steep.
Anything south of Grand St. is ugly. Maybe not the houses, but the neighorhood for sure.
I suspect your thoughts about the area are right on. While that side of Grand Street has improved vastly, it may not quite yet be in the $1.2 mil stage. Particularly as there are less expensive (and larger) properties in the area with nicer street scapes and a more neighborhood feel.
And its a mater of appeal – in South Brooklyn, people want those historical details. In Williamsburg, they are not expected and may not be as desired as a result.
Finally, I would say $1.2 would be steep for most of the residents (or buyers) in this area. There is a reason that most of the penthouse in the condo developments haven’t sold – too rich for the people who want to live there and not interesting for the people who can afford it (since they have more options at that price point).