House of the Day: 135 Joralemon Street (Revisited)
Our coverage of the charming, and charmingly restored, house at 135 Joralemon Street is bordering on the obsessive, but there’s something that keeps bringing us back. First it was the tragic fire that gutted it almost three years ago; then the fact that it just sat there for a good year and a half, and…
Our coverage of the charming, and charmingly restored, house at 135 Joralemon Street is bordering on the obsessive, but there’s something that keeps bringing us back. First it was the tragic fire that gutted it almost three years ago; then the fact that it just sat there for a good year and a half, and then that someone undertook a painstaking renovation. And then they kept our attention by putting it on the market with Brown Harris Stevens early this past summer and slapping a $5,950,000 price tag on it. In September, the asking price was trimmed to $5,750,000 and it still didn’t sell. Now Corcoran’s been given the listing and reintroduced the property with a shiny new price of $5,250,000. Think this latest reduction will be enough?
135 Joralemon Street [Corcoran] GMAP P*Shark
House of the Day: 135 Joralemon Street [Brownstoner]
Recovery Underway for Joralemon Burn Victim [Brownstoner]
Ode to 135 Joraleman [Brownstoner]
It’s adorable. For 4 million, maybe. Or 3.5. Not that I have money like that!
must have great light in that backyard with two massive buildings next door. NOT
Nowhere is immune.
With the caveat that it’s impossible to assess the quality of the reno w/o examining the finishes in person, I’d say this is pretty damn gorgeous and y’all are being naysayers. Look, Brooklyn Heights is the most comparable to Manhattan of all the Brooklyn brownstone neighborhoods. In spite of some tightening in the financial industry, there are still plenty of people on Wall St who can afford this; who love the idea of a one-stop subway commute; who will be very happy to avoid coop approval (even if perfectly well qualified, it’s still an intrusive pain); who need space when the in-laws visit; and who will simply fall for the charm of the place. IMHO, the kitchen is the most disappointing room in the house — the cabinets are too generic looking. But the attic room with exposed timbers is extraordinary and quite unlike anything you’d find in a late 19th century brownstone. Also the comments about maintenance don’t really add up. The house was gut renovated down to the studs. Only the exterior will require painting periodically. Frankly, the biggest problem with the house is that the price was set too high originally. RE buyers are notoriously nervous and superstitious so now there may be interested parties worrying that they will either overpay or that there’s something wrong with the house that has caused the price cuts.
There isn’t a recession yet (or a bottom) if sellers can afford to sit around for a year trying for a stupid price.
You have got to be kidding me. It’s a cute house, sure. But for that price…
This is probably the most blatant example of optimistic pricing I’ve ever seen. They need to trim about $1.5-$2 million from the price if they actually want to sell it.
“someone who collects old houses” will love this and buy it? really? gonna be a long wait.
not not worth it. can do/get a lot more out 5 million.
1:57 are you joking? Time to move out of NYC and into your mcmansion….
THIS is a $5.25 million house?!?
hahahhahahahahahahhah
give me a break … kitchen and bath are nothing special (mid-line cabinets with some Joey Buttafuco marble).
The mantles aren’t even that nice.
Corco, please remove head from ass.
Plus, who knows what structural stuff got f’d up in the fire (that is now covered with nicey nice sheetrock).