House of the Day: 59 Lefferts Place
This Italianate brownstone at 59 Lefferts Place in Clinton Hill is a beauty, but then again we’re probably a little biased since we have a very similar house just a couple of blocks away. From the handful of photos, however, this one’s in a little better shape than ours (though it is one story shorter)….
This Italianate brownstone at 59 Lefferts Place in Clinton Hill is a beauty, but then again we’re probably a little biased since we have a very similar house just a couple of blocks away. From the handful of photos, however, this one’s in a little better shape than ours (though it is one story shorter). The configuration—owner’s garden duplex with parlor kitchen topped by three rental units—probably isn’t for everyone, but the listing says the house can be delivered vacant. Still, to go to a more standard owner’s triplex over a garden rental will probably cost you more than $100,000. We’re not sure about the rentals, but the owner apartment is beautiful, with high parlor ceilings and pristine plaster and wood moldings; the kitchen at the rear of the parlor floor also looks recently done. We’re going to recuse ourself on the matter of the $1,800,000 asking price given how close to home this one is but will be interested to hear what everyone else has to say.
59 Lefferts Place [Brownstoner] GMAP P*Shark
I would pay up just for the hammock.
I live on Lefferts Place between St. James and Grand (a block west of this place). It is very quiet for the poster who wondered about that. You don’t hear anything from Fulton or Atlantic. The quietness is one reason why I bought here several years ago. I’m obviously too close to comment on price, but can say I love our place and the street – no regrets about the location – have a young family…
3:39 pm — I’m 2:40, and we certainly aren’t trying to go super high end, or even high end — just want to do it legally with an architect, filing, etc. I don’t know why it’s so expensive, either — we definitely thought $200,000 would be plenty, but haven’t found that to be the case. We do need a general contractor, however — we aren’t able to do that work ourselves to save money. But still think the quotes we are getting are over the top. Oh well.
I’m pro Atlantic yards, I think this strecth of Atlantic and Fulton Street will benefit greatly fom the AY project. So why all the hating.
As much as I like the block, I think the house is just overpriced. God Dam! 1.8Millionnn Dollarssss? It feels like Corcoran is playing with Monopoly money. How you come up with those numbers. I had rather pay 2 point something for the Phizer mansion that just recently sold.
The again I can’t afford it. Go figure…
well, it will be easier to get a mortgage with this configuration — the bank will consider the potential income from the 3 rental units.
I’m afraid the credit crunch will hurt properties like this one the most.
WAY overpriced for that location.
2:06 here- that it’s overpriced for the location.
sorry- thought that was obvious, since that was the question asked.
How many little apartments have they crammed into this poor old building? This isn’t a house as it is now configured but rather a small apartment building. What does “easily convertable to single family home” mean? Is it delivered vacant? I don’t see the magic words “delivered vacant”.
If there are unbudgeable rental tenants, that is a huge headache.
If there are no tenants, I would estimate that it would take about $250,000 to return it to a gracious single family with regular sized bedrooms.
2:40 – you’re obviously doing a very high end reno (and talking to super expensive contractors). We just switched ours from a top floor rental with lower duplex to upper duplex with bottom floor rental for $30,000. The lowest possible end, but you can certainly reconfigure for less than $500,000 – MUCH less.