House of the Day: 241 Sackett Street
The Elliman listing for 241 Sackett Street (the narrow house on the right) in Carroll Gardens has scant details and photos for a house asking $2,200,000. All we’re told on the listing is that it’s a one family with a nice yard—the rest is left up to our imagination (and Property Shark). Perhaps they don’t…
The Elliman listing for 241 Sackett Street (the narrow house on the right) in Carroll Gardens has scant details and photos for a house asking $2,200,000. All we’re told on the listing is that it’s a one family with a nice yard—the rest is left up to our imagination (and Property Shark). Perhaps they don’t want to play up the fact that the house is only 13.5 feet wide. Think they’ll get anywhere close to this? NB: There were no interior photos up yesterday when we wrote this.
241 Sackett Street [Douglas Elliman] GMAP P*Shark
Photo by Kate Leonova for Property Shark
Love the house, hate the neighb, but I can see why it’s 2.2 and I can see it getting 2m.
It’s so funny how people take some of these prices so personally (while blatantly disregarding the fact that they often sell for asking+). No one is judging you by your bank account. Just cause a bunch of people are earning a lot more than you are, doesn’t mean you’re poor or that they’re better. Relax.
they are basing their opinion on the fact that they can’t afford it. (not that i can either.)
What would be interesting to me is if some of the naysayers would tell us what they think this house should/will sell for.
Do you know the neighborhood? Do you have any comps? Anybody can say too high. But what are you basing your opinion on?
3:34, i think you’re totally right. most 3 or 4 fam houses trade over $2 mill (wide houses) and the rental income isnt enough to support the mortgage. so they are being bought by families who want to convert to 1 or 2 fams or developers for the same or condos. if you buy a 20′ house for $2mill, spend $1,000,000 on a nice reno, it’ll take about a year and you’ll still have to pay interest on loans, insurance, taxes, etc (soft costs). so if you end cost is $1.2 or so above what you paid i’m sure most people would pay a 10%-15% premium for all of that to be able to move right in. most people do not want to deal with a big renovation.
3:35, i think 3:18 meant you can knock down the walls but you have to leave supporting columns in place. otherwise you’re right.
I think the are is best, so i do not have a problem with this house getting the price of somewhere near 2.2 mill. also the schools i am not sure if it is ps58 which is really a great school or ps 29 which is another great school. Overall you are buying the area area area here. Wish the house was mine
“The majority of wide townhouses do not have load bearing walls” — RUBBISH
That’s simply not true. Yes one can open up a wall ans resupport it with a header beam, But you can’t randomly take down the walls that run along the length of your house, the walls that run across (l to r) are not load bearing.
If this sells at asking price, it tells me there is a huge premium for already renovated 1 families or 2 families with triplex and rental. Do you all agree? Is the cost of renovating (let alone time) simply so high that people will pay over $2 million for a house that doesn’t need alot of work?
I wonder because we live in same neighborhood, and are considering turning our duplex plus 2 rentals into a 1 family. Despite our duplex being renovated already (although medium-end, not high-end), we are being told total renovation costs, including architect, could easily exceed $1 million, and doing it relatively cheaply (and cutting things out) means $700,000 – $800,000 (and we aren’t demanding top of the line anything). Maybe that is why houses like this and the one on Degraw are easily selling for $2 million + — because renovation costs have gone through the roof. (6 years ago we renovated 2 floors for barely over $120,000).
I saw this house yesterday with a broker and didn’t realize until afterward, looking at the floorplan, that it is so narrow. It has an unusually elegant center stair and no halls that run the length of the building. The yard seems skinny, but not the house. It’s not for me (too expensive), but it’s very nice.