House of the Day: 53 South Elliott Place
On the heels of last week’s 3.5 million listing on Vanderbilt Avenue, Jerry Minsky is back with another blockbuster at 53 South Elliott Place. The Italianate brick one-family has lots of original details integrated with a very tasteful modern update. It’s a great house but the asking price of $3,700,000 sounds nutso to us. The…
On the heels of last week’s 3.5 million listing on Vanderbilt Avenue, Jerry Minsky is back with another blockbuster at 53 South Elliott Place. The Italianate brick one-family has lots of original details integrated with a very tasteful modern update. It’s a great house but the asking price of $3,700,000 sounds nutso to us. The highwater mark for a normal-sized townhouse (this one’s 3,600 square feet) in the nabe has been set at $3 million—and that was in a better location. The east side of this block (where this house sits) falls within the Fort Greene Historic District (map here). The other side of the street is not landmarked; it also includes the Brooklyn Technical High School, not exactly an enhancer of real estate values. We’d argue that, despite how lovely its interior is, this place should fall well short of that number. A price of $2,700,000 seems possible but $3,700,000? Sheer lunacy. Then again, we’ve learned our lesson about doubting Minsky. Remember 369 Grand Avenue?
53 South Elliott Place [Corcoran] GMAP P*Shark
yo 2:25
1. I am not Minsk.
2. Check your sources before you post a wiseacre remark—see pic 11 of 17 on the realtor’s Web site: That’s the master bath, dude. The one with the bathtub and le corbusier chaise. yeah it’s big.
Fjorder must be either the owner or minsk himself as the comment Love the master bath is bullshit since there is no bathroom pictured in the listing. and by the way, whats up with that? also looks like there is no deck and there are no pictures of the yard. f**k the picture of a table and drape- lets see bathrooms and the backyard!
There are many lovely things about this house and the staging and professional photos really show it off. But for this money, you had better really like that master bath because from the floor plan it looks like it’s the only full bath in the house.
This house is a flip–as per Property Shark, this place was last sold on 5/19/05 for $1.75 million, so Minsky’s description of “only 3 owners,” while maybe technically true, is also totally deceptive.
no way anyone lived there – isnt this the place that sold less than a year ago and needed a ton of work?
The fact that the pictures are all close-ups of the design and decor staging is a red flag. It’s also only 3600 sq.ft. Crazy! That block is far inferior to South Portland, right around the corner, where you have, in my opinion, a much nicer house for sale (30 South Portland) and 1 million less.
sure: $3.7M / 3600sf = 1,027 per sq.ft.
or as an investment 40x gross rent
$2M-$2.4M may make sense to a user
a lovely place indeed. It’s a tasteful restoration really in every way, with a ‘modern on the inside’ vibe—it appears that they like to shop at Room & Board and Design Within Reach—that plays well here. Love the master bath. And the kitchen. and the parlor. Dang that’s a nice place.
Wow. It’s a beautiful space, and the current owners have incredible taste in decor, furniture, etc. One of the nicest “stagings” I’ve seen in a real estate listing. Can’t begin to comment on the price, though, as 2.7 million and 3.7 million are essentially the same to me…