House of the Day: 1265 President Street Reduced
Timberrrrr! The asking price of the house at 1265 President Street continues to drop precipitously. The four three-story brick-and-limestone house in Crown Heights started its journey back in May on Craigslist praying for a miracle at $1,450,000. We called it “a bit aggressive” at the time; a commenter more astutely referred to it as “fantasyland.”…
Timberrrrr! The asking price of the house at 1265 President Street continues to drop precipitously. The four three-story brick-and-limestone house in Crown Heights started its journey back in May on Craigslist praying for a miracle at $1,450,000. We called it “a bit aggressive” at the time; a commenter more astutely referred to it as “fantasyland.” At some point this summer, Corcoran got the listing and tested the waters at $1,195,000. The result? Still no takers. So this week, in a sign of the times, the price was cut to $995,000. This’ll be very interesting to watch. In this environment, given that the interiors lack the original detail of many of the houses in the area, this is hardly a lay-up even at two-thirds of the original price. Thoughts?
1265 President Street [Corcoran] GMAP P*Shark
House of the Day: 1265 President Street [Brownstoner]
A pretty nice renovation, however it appears like they removed some supporting walls and I don’t even see a supporting beam where the wall once was. Could be trouble down the line.
Price is still too high. Should be around $300 a sq/foot = $825-$900k. Nice building but not near any yuppie amenities, schools or parks.
Nope, even says three stories in the Corcoran listing.
maybe there’s a 4th floor under the roof with windows in the back.
that’s my guess…
Brownstoner, all I count are three stories.
Yes, but a very smart slave owner.
the yard is pretty awesome.
im going to walk over there tomorrow.
why not place an offer instead of waiting for further price cuts, 2:22?
you never know…
“the What is the smartest douchebag in Brooklyn.”
Why thank you.
The What