House of the Day: 328 East 7th Street
We’re not sure what to make of this house at 328 East 7th Street in Kensington, partly because there’s a lack of decent photos on the listing but also because we’re not as well versed about comps in this neck of the woods as we should be. (We did notice, however, that a similar house…
We’re not sure what to make of this house at 328 East 7th Street in Kensington, partly because there’s a lack of decent photos on the listing but also because we’re not as well versed about comps in this neck of the woods as we should be. (We did notice, however, that a similar house at 398 East 5th Street went for $690,000 earlier this year.) Regardless, with an asking price of $749,000, this strikes us as a potential alternative to a small two-bedroom in nearby Park Slope. It also looks like a house where there may be the opportunity to add some value through some TLC. Think it looks interesting?
328 East 7th Street [Corcoran] GMAP P*Shark
Photo by Nicholas Strini for Property Shark
I don’t see how this can be a 3 family look how narrow it is.
Is Kensington the same as Prospect Heights was 10 years ago?
Does C i n d y include a hand job with the massage for those prices?
Ouch- it hurts. That is a middle class house in any city in America. How much do you have to make to buy that?
Folks here whine, whine, whine that everything is so expensive and yet the HOTD is:
1.) under a million and the claim is that it has details
2.) is in an decent area with new, nice businesses that have opened or are opening within blocks.
3.) close to the Park and is 45min by train or 30 by bus to midtown
If the listing is true and the original details and stained glass windows are actually present, this could be worth it for someone who will never have quite enough to get that brownstone in a prime nabe. I’ve seen the inside of more than a few places within 2 or 3 blocks of here that have great staircases and moldings, inlaid floors etc. My own house had such a curb appeal problem I didn’t want to go in it when we pulled up outside of the open house. Frankly, due to the cost of siding etc, it still has the same problem with the exception of a nicer garden in front and back. Someday…
But our house had no major mechanical issues and the details were restored or at least there. There was nothing we found on the market 4 years ago in our tiny price range that didn’t need a SUBSTANTIAL amount of work and that made up for a lot of siding horrors and ugliness. If that’s the case with the HOTD then the right person for this house is someone who has a little more vision than average.
I live in the neighborhood and its not an insane number. The thing is its unlikely that someone who was considering a 2 bedroom in park slope is going to buy this house as a one family. Usually houses like this are bought up by individuals who use it as a 3 (or possibly more) family home. They can make the large mortgage b/c they rent out as much of the house as they can. Its kind of sad b/c you see a lot of formally nice houses in the neighborhood that are so neglected and you know when they come on the market that they won’t be bought by someone interested in making them attractive.
Brownstoner, you have got to be kidding. Looks wretched to me.
Anything at that price in the Center Slope is nothing special, small and needs a little work.
$600-$700K, Center Slope. Seek and ye shall find.
The 2 bedroom co-op above me in the North Slope sold in August for 875K.
Not sure where these 500-600K 2 bedrooms you found are.
In case you don’t know the boundaries, 15th street is the end of Park Slope proper.