House of the Day: 411 Classon Avenue
We’ll say this for 411 Classon Avenue—it’s a better flip job than you generally see in the area. The four-story brownstone between Lexington and Greene on the Bed Stuy side of Classon changed hands two years ago for $890,000. Given the time that’s elapsed and the fact that the kitchens, floors and back yard all…
We’ll say this for 411 Classon Avenue—it’s a better flip job than you generally see in the area. The four-story brownstone between Lexington and Greene on the Bed Stuy side of Classon changed hands two years ago for $890,000. Given the time that’s elapsed and the fact that the kitchens, floors and back yard all look redone, the current asking price of $1,245,000 doesn’t sounds crazy. Unfortunately, that’s not how sales prices are ultimately determined. We suspect that the supply and demand curves may intersect a good bit below this price. After all, while blocks on either side of it keep getting nicer and it has some nice houses, it’s hard to see how Classon Avenue as a whole ever really catches up. Agree?
411 Classon Avenue [NY Times] GMAP P*Shark
I think the people who make the negative comments really do not leave their homes at all. That entire area is really booming. Starting at Choice on Lafayette Avenue and if you head to Franklin Avenue to Cafe Lafayette which is delicious and across the street is a delicious bakery. This neighborhood is considered Clinton Hill. The successful co-op on Clifton Place and Classon is a fine place to live. Lexington Avenue have some of the most beautiful residental loft and I do not see those apartments selling for less than $750K. This was at one point cosidered a industrial neighborhood but it has been doing very well on most blocks. The corner of Classon & Greene that has two store and three apartments is up for foreclosure as well. These people that are in foreclosure has held on to these properties for dear life but they can no longer hold on and refuse or are unable to get the proper help. Sit and Continue to talk your shit about this area and you will be eating your words WHEN THE WAR IS OVER.
one more thing- i think it’s interesting to note that whenever this area (westbed/clinton hill/bedstuy border, whatever) comes up for discussion, the threads are about a mile long… HOT!! if i had the $$ to buy another house in this area, i would do it in a heartbeat.
I live a block north and across the street. The east side of the street is Bed-Stuy and the zip code actually changes to prove it. That said, there’s not much difference from one side of Classon to the other. The house next door is boarded up (which sucks), but they’re putting at least one huge 12 floor building around the corner on Greene (right before Franklin)and there looks to be a couple of loft conversions around the other corner on Lexington. (In fact, there are at least SEVEN buildings being built or converted within a block of this address. YIKES! I moved from the West Village to get away from this…)
And for those of you who think is a dangerous street, the Classon Ave station is about two blocks away and there are people walking to and from that station at all hours…especially on the weekend.
Personally, I like to refer to it as West-Bed-Stuy or West-Bed, but it’s still Bed-Stuy (which used to go all the way to St James place, so go figure).
HA! Keep your negative ass’ right you are safe because just like you said many moments ago that Fort Greene was no good. Keep saying it and watch you will not be able to afford that either and your ass will be living in safe East New York.
Based on public records and a little detective work, it looks like Clinton Hill will be getting a new private school. According to Property Shark, the folks behind Tilden Avenue-based Phyl’s Academy purchase the 4,300-square-foot lot at the corner of Classon and Quincy for an undisclosed price on March 15. Does anyone know what the timing or scope of the project is? The program in its current location is nursery through 5th grade.
who wants to open up a nasty jazz and noise venue in bed stuy with me.
“this home is going to be worth double this price in 7 years”
Or half.
I think this area makes sense for people looking for a brownstone or Yellowstone. The prices at this end of Clinton Hill/Bedford are really good compared to all the other Brownstone belt neighborhoods. More money will get pumped into this area and this home is going to be worth double this price in 7 years. If i had the money I would buy this home…
well saying that normally isn’t meant to be nice now is it.