House of the Day: 224 Washington Avenue
Although there are no interior photos provided on the Two Trees website, we’re inclined to believe the verbiage that the brownstone at 224 Washington Avenue in Clinton Hill is indeed chock-full of historic details. The house was owned for decades by the same person and there haven’t been any renovations filed with DOB ever. As…
Although there are no interior photos provided on the Two Trees website, we’re inclined to believe the verbiage that the brownstone at 224 Washington Avenue in Clinton Hill is indeed chock-full of historic details. The house was owned for decades by the same person and there haven’t been any renovations filed with DOB ever. As far as we can tell, the owner died last year. Based on this article from the Daily News, someone recently bought the house from the estate and, in addition to booting the long-time tenant, is trying to flip it. Anyway, it’s a pretty safe bet that this’ll need some new kitchens and bathrooms in addition to some general tuning up, so you’re probably talking at least $200,000 in addition to the asking price of $1,795,000. If the details are intact, though, $2 million all-in for a killer house in this location ain’t crazy. Or is it?
224 Washington Avenue [Two Trees] GMAP P*Shark
Thank you guest 4:17. Finally someone who knows what they’re talking about. And by the way – did I say $26,000? It’s actually $30,000.
clintonhillhoya – your plan is the same as every other parent in nyc. not sure if you are tapped into the fact that every 13 year old in nyc will also be trying to get into those three high schools. (and many many many will be competing with you for the spots in private) so plan all you want, but I recommend a plan B.
And I am not saying that people aren’t buying houses in neighborhoods with bad schools, I am saying that it is very legitimate to look at the public schools when assessing the value of a property (an earlier poster questioned why anyone would make this connection).
And PS – you may not know that tuition at these private schools is now $26,000 a year.
“Absolutely! As we all know, Clinton Hill is now objectively the preferred neighborhood of Brooklyn! Everybody says so!”
Lol. Everybody who lives in Clinton Hill, anyway.
just bcs people come from Manhattan to attend Packer, St Anns, Bklyn Friends or PolyPrep does NOT mean there are lots of spots. There are dozens of applicant for every spot. Park Slope and Cobble Hill are the most expensive brownstone districts for a reason.
This place will be worthless after AY is built.
Unless ther are major structural problems, or the description of historical details is inaccurate, it will sell easily. This still represents a real value in Brownstone Brooklyn and an large valuae vis a vis Manhattan.
LP
This house was listed by a very small broker only a few months ago for 1.3 million. We made an offer at that price but never heard back after the broker said they were working hard to close with a buyer who was already in contract near the listing price. The interior was in good shape but probably needs about 200-300k to be brought up to livable level. The parlour floor is full of details and quite beautiful but the 2 upper apartments (1 of which is illegal) need a lot of work. Also, there are a few open Landmarks violations on the building. If this seller gets this price without doing any work they are making out like bandits: 495k profit for no improvements!
any way i can have a user name without giving up my email?
im the 340pm poster – just dont want hate mail from idiots
3:26 I’m not sure what you’re talking about. Do you have children? Have you ever talked to anyone about this? Have you ever read articles about this issue? Why do you think there is such a frenzy around getting into preschool? Because people believe (rightly) that certain preschools will help their kids get a cherished spot in a private school. There is a chronic shortage of decent private school spots in this city due to the fact that so many people are now choosing to raise their kids in the city rather than the suburbs. A big reason why manhattanites are coming to brooklyn for school is because they can’t get their kids into the good schools in manhattan. and that in turn makes it still harder for brooklyn kids to get into the brooklyn private schools. Not sure how this info has bypassed you so thoroughly.