House of the Day: 158 St. John's Place
The four-story brownstone at 158 St. John’s Place is a classic North Slope winner that we suspect will generate plenty of interest at the asking price of $2,850,000. The listing says the house needs work, but the living and bedrooms all look pretty sweet to us! Killer mahagony wood work and parquet floors. We suspect…
The four-story brownstone at 158 St. John’s Place is a classic North Slope winner that we suspect will generate plenty of interest at the asking price of $2,850,000. The listing says the house needs work, but the living and bedrooms all look pretty sweet to us! Killer mahagony wood work and parquet floors. We suspect that the kitchen, bathrooms and mechanics of the house are where the reno dollars will have to be focused. Anyone have more details on the condition of that stuff? There’s an open house coming up this Sunday for those in the $3 million bracket.
158 St. John’s Place [Douglas Elliman] GMAP P*Shark
People need to understand the difference between a restoration and a (gut) renovation. You don’t “gut-renovate” a brownstone full of original detail – unless you like to pay for something and then throw it away.
This website is like Consumer Reports, but for property. As a buyer, I find it very useful. There are quite a few HOTD listings that have not been flamed, actually.
Agreed 5:05, I saw this place and figured it needs about $600-800K for a high-end renovation. Needless to say, I passed on it.
then don’t wrrite in the first person as if you are
i just hired an architect, contractor, landscaper, millworker and decorator to make changes and decorate a brand new condo.
remember that you will continue to pay an architect and decorator as you keep them on the project. and, if you are doing it right, you will still need them. People with this kind of money have jobs and can’t manage this with out a lot of help. You will probably need them for about a year or more. The clock will run the whole time too.
I spent $175K on 2000 sq. ft. just to take the place to my specs and finish it. I had no issues with my workers either. There were no costly mistakes or that kind of thing. I think that the guy saying $500K is maybe low. I am pretty sure that this is a gut job.
Huh? I’m 4:54 and I’m not the owner if this site.
keep telling yourself that as you profit at their expense dude
You know, a lot of potential buyers do not read this site. And anyway, most brokers I’ve spoken to have remarked that houses featured on this site, especially those that are ruthlessly flamed, sell quicker.
hmmm… let’s see… you either flame or provide a forum for others to anonymously flame homes that people are trying to sell (which often represent most of net worth)and at the same time this forum acts as a way for ultra-competitive brokers to snipe at each other anonynously…doesn’t take a rocket scientist to see how the site will create alot of bad will albeit many profitable clicks