House of the Day: 23 1st Place
This house at 23 1st Place is being pitched as a chance to create an owner’s duplex with with two rentals but we suspect that, given the amount of unused FAR, a developer is a more likely acquiror. The asking price of $2,400,000 seems expensive on a per square foot basis for the 3,000-square-foot existing…
This house at 23 1st Place is being pitched as a chance to create an owner’s duplex with with two rentals but we suspect that, given the amount of unused FAR, a developer is a more likely acquiror. The asking price of $2,400,000 seems expensive on a per square foot basis for the 3,000-square-foot existing house, especially since this will most likely require a decent amount of work. (By comparison, a slightly larger house at 128 2nd Place sold last spring for just $1,800,000.) Is this high price a function of the current development-friendly way FAR is calculated in this nabe? Think it’s realistic?
23 1st Place [Halstead] GMAP P*Shark
11:59 – Pull your head out of your ass first, and then I’ll point you in the right direction.
Where is Carroll Gardens?
I can’t really speak to how crappy the house is, but a few months ago a house in Carroll Gardens on Degraw between Smith and Hoyt I think sold for more than $2 million. (Remember, it was all painted blue inside?). I was one of the posters who thought the price was outlandish, and I couldn’t believe it sold for anything near the asking price.
Unlike that house, which was not in a great location, this house is in about as prime Carroll Gardens as you can get, and it’s larger. This is a house for a family — perhaps one like the people selling that silly loft on one of the busiest streets in Manhattan, with 2 windowless bedrooms, for the same price. I don’t know whether the fact that they need to do a renovation to this place turns those buyers off, but a house in this location already decently renovated would probably get close to this price, if not more. I still think the entire market is overpriced, but this house is nicer than many I’ve seen out there for around the same price. And if you want to live in a Carroll Gardens brownstone, there isn’t alot out there.
More comments from brokers/current owners defending an overly high price. This house looks pretty crappy.
I took a look at the floorplan and saw the lack of windows in the “bedrooms” of the Soho loft. Ick! And it’s in Soho, double ick!
I don’t know if this house is at all worth the price, but that Soho listing is pretty depressing — there’s only one window in the whole apartment!!! And that’s what you get for 2 million. Whoa.
My favorite line on the listing is “A mechanically sound home waits for you!”
Translation: Gut reno.
Meh!
I think you are missing the point here 8:26 the issue here is that you are getting a house with a yard and a family area that is top notch. some people want a loft ok but others want a family home.
7:52 if you think $800 square foot is too much for Carroll Gardens then you are not very smart with real estate being one of the premire areas in NYc, what do you think would command this price? hello wake up and smell the coffee