House of the Day: 1306 Albemarle Road
One word: Droolworthy! This house at 1306 Albemarle Road in Prospect Park South is the perfect poster-child for Victorian Flatbush. The 15-room mansion last changed hands twelve years ago; the previous owner lived there for decades. This place has it all: original woodwork, flooring, Tiffany windows, columns, etc. There’s even a five-room office with a…
One word: Droolworthy! This house at 1306 Albemarle Road in Prospect Park South is the perfect poster-child for Victorian Flatbush. The 15-room mansion last changed hands twelve years ago; the previous owner lived there for decades. This place has it all: original woodwork, flooring, Tiffany windows, columns, etc. There’s even a five-room office with a separate entrance. Enough talking—just check out the photos. The asking price of $2,595,000 is up there but seems perfectly achievable to us given the infrequency that something like this becomes available. Agree?
1306 Albemarle Road [Mary Kay Gallagher] GMAP P*Shark
“All the rich manhattanites I know still give me blank stares and say “oh” when I tell them I live in Brooklyn. Then they ask how long the commute is and when I anwser they say “ohhh” like I just told them I had cancer.”
You are hanging out with the wrong crowd. Either that, or watching too many sex and the city reruns.
Most people I know moving to these areas of Brooklyn are from Manhattan.
You must have a lot of upper east side friends.
I know several Manhattanites who have moved directly to Flatbush over the past few years, bypassing the Heights, Cobble Hill, and the Slope, entirely. This would have been unusual a few years ago, but hardly so now.
I find it odd when people post saying they don’t care for Victorian interiors in a Victorian era home. OK? So what? Why are you posting? I’m not trying to be snide. I really just don’t get the point.
PPS is less of a haven for Wall Streeters than for physicians and other professionals who work in Brooklyn. And to say “if it were in Park Slope” is crazy. PPS is so different — if you wanted to live in PPS you would never want to live in Park Slope. This is an entirely residentail neighborhood –quiet, little traffic, and your own garage!
Actually, South Elliott was listed at the end of August at the latest — http://www.onehansonplace.com/2007/08/minsky-another-35mm-listingho-hum.html — so it might very well have been on the market for a couple of weeks by the time it sold, which seems to take away much of the mystery — though not the amazement, since I still can’t believe they got $3.7 million for it when there are spectacular places available in the Heights for not much more.
All the rich manhattanites I know still give me blank stares and say “oh” when I tell them I live in Brooklyn. Then they ask how long the commute is and when I anwser they say “ohhh” like I just told them I had cancer. Some of them seem to have “discovered” the Heights, the Slop, and Forte Green but I can assure non of them have so much as heard of Victorian Flatbush!
I don’t what this is a section for anymore. The “Estate” explanation for S. Elliott doesn’t fly, though — I believe this property was sold two years ago, and then I think renovated.
As for the fact that the quick sale means that it must have sold at asking, maybe. I can easily imagine a different scenario, where the sellers get an offer for $3.2 million, think about what’s happening in the markets, wonder if prices are going to keep going up, and decide to take the money and run. But obviously none of has will have any idea until Minsky comes in here screaming “In your face, unbelievers!”
I think people are underestimating the extent to which rich manhattanites are getting priced out and coming to brooklyn. they’re selling their 2-3 bedrooms in manhattan for upward of 2 mill and snatching up these houses in brooklyn which to them seem like bargains. even the richest are finally seeing the light about brooklyn, which means the rest of us are getting pushed further and further out. but it’s a good thing for brooklyn i guess – returning it to its former glory…
Almost a third of an acre a few blocks from the park. Even with potential pitfalls, the price sounds reasonable. The property lost a lot of trees with the tornado last month and now will stay warmer with more direct sun!
In the broker’s “sold” page for South Elliot Pl it says “Estate” — so a plausible explanation is the owner died … the heirs couldn’t agree … somebody wanted to live in it, others wanted to sell and take the cash… those that wanted to sell were greedy and and got the broker to post it with an exorbitant price… after getting some sense of the demand from buyers they pulled it back and the heirs cut a deal. Imagine you’ve got a 1/3 interest in this place. You want your evil siblings to pay you at least $1.25 mil to go away, otherwise what kind of lousy place can afford for less than that? Otherwise maybe you stay and get a floor or two and just give them dirty looks as you pass by the front door.
Was this a section for comments about 1306 Albemarle?