551_3rd_Street.jpg
551_3rd_int.jpgThe four-story brownstone at 551 3rd Street changed hands in 2004 for $1,900,000; the new owner proceeded to do a pretty serious renovation as well as an over-the-top interior design that maybe be a bit much for some people. But if you can look past the chintz, this is certainly a beautiful house with tons of original detail on one of the more desireable blocks in The Slope. The asking price of $3,750,000 looks high to us (by a few hundred thousand dollars) but the fact that it needs no work could work in its favor. Think it has a shot at getting asking price?
551 3rd Street [Douglas Elliman] GMAP P*Shark


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  1. Even if they are not going to use it as a rental, there are still guest or maybe an elderly parnent(s) that could ended up using the garden apartment. Or it could make a great home office. Don’t be so quick to dismiss it and that all buyers in this price range automatically need ONLY a one family.

  2. 1:37, I nominate you for best news parody written from a shitty, shoddy new construction condo 2007! Keep up the work and make sure to never get a job, so you can keep entertaining us!

  3. House looks beautiful. Two things:

    Buyers at that high price point most likely do not want or need the garden rental–they’re looking for a one-family–and it’s a pain in the ass to rip it out and convert it back.

    It also has a very small yard, visible in the picture. I guess this is because the house is set far back to make room for the front yard, and the lot is 95 ft long, not 100.

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