House of the Day: 109 Gates Avenue
What was the current owner of 109 Gates Avenue thinking when he shelled out $2 million for the five-story brick house in Clinton Hill last winter? The stop-start renovation had been on going since a group of investors had bought the place for $1.1 million back in early ’05. We’d been hoping that the reno…
What was the current owner of 109 Gates Avenue thinking when he shelled out $2 million for the five-story brick house in Clinton Hill last winter? The stop-start renovation had been on going since a group of investors had bought the place for $1.1 million back in early ’05. We’d been hoping that the reno was taking so long because of a painstaking restoration effort. Not so. The result is a cheap-looking Home Depot special on the upper three floors (in addition to the two unfinished bottom floors that are for rent, presumably for commercial purposes), a decision the owner must be regretting as the house sits on the market for the ridiculous asking price of $2,800,000. Especially in this market, if you build cheap, you’re gonna have to sell cheap. Time to wake up and smell the coffee.
109 Gates Avenue [Brooklyn Properties] GMAP P*Shark
Mural, And Then a Restaurant, at 109 Gates Avenue [Brownstoner]
The listing says there are 4 gut renovated one-bedroom units. Really? are they all only 1 bed each?
Also, if the windows are not allowed by landmarks (which would make sense as they are ugly pieces of %^&*), then what teeth does landmarks have to make the owners comply and change the windows?
I ask this because we’ve got new construction all over brooklyn that violates zoning laws and building codes but nothing rarely happens to those property owners…
why is this fraud? bad business judgment, maybe, but i don’t see what’s fraudulent.
Ugly reno. So sad that they did this on the cheap. I hope they lose their shirts.
Ugly reno. So sad that they did this on the cheap. I hope they lose their shirts.
Ugly reno. So sad that they did this on the cheap. I hope they lose their shirts.
Actually, they’re asking $2.85 million, not $2.8. What a sick joke.
linkinplace:
how can you criticize incorrect use of “your”, but not point out that “gonna” is not a word or acceptable abbreviation of “going to”.
why are we criticizing grammar anyway on a real estate blog?
the problem is the seller is not even going to get what he/she paid for it…
That kitchen is terrible.It seems to be a large home so too bad someone with a good vision didnt get a hold of it yet. Hopefully the seller will come to his senses and price it so that someone can take it and develop a needed business in that spot.Any suggestions?