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 like painted facades. Park Slope gets boring sometimes because everything is brown. I like color.
Adams Morgan in DC has the right idea.
also along with the east village stuff. Someone needs to open up a punk club or avant-garde venue similar to Tonic. The LES is dead and theres so many venues in Williamsburg.
430pm…he said he is getting $2400 for the duplex and $1400 for the top floor rental (the one not renovated). Assuming the renovated third floor apartment gets at least the same as the top floor, thats $5200.
Are these really the rents in BEDSTY??? WOW!!
Hipsters Rent. Crack for everyone else.
The What
Someday this war is gonna end….
430pm…he said he is getting $2400 for the duplex and $1400 for the top floor rental (the one not renovated). Assuming the renovated third floor apartment gets at least the same as the top floor, thats $5200.
Are these really the rents in BEDSTY??? WOW!!
I went to see the property as well. Overall, I think the owner did a good job with the renovations. He mentioned the same thing to me about the boarded up house on the left finally going into foreclosure (according to nyc dept of finance records) so it may be showing up on the auction block in the months to come. A few weeks ago I saw workers in the other (brown colored) house on the right. Oh by the way, people please stop PAINTING YOUR FACADES!! He mentioned that his current asking price includes redoing the facade as well as putting installing some original entry way doors he had sitting in the hallway. I still think 1.245m is a bit high. I agree with 423pm. It’ll go for well below that…closer to 1,150,000.
Yeah this area is east village 1982
This kinda area is why I came to NYC… I did not want to live in the UES… I like this part of Brooklyn just the way it is.. just not loving the price….
I walked by this about 2 hours ago. I had a friend who lived at the corner of livingston and classon for a few months and she didnt have any problems. The whole area still looks like it went through a small war. Good if you want to live in alphabet city circa 1980 not good if you want to raise a family. Area is going to be slammed with hipsters soon and already is to a certain degree.
ok alphabet city minus all the cool punk stuff and decent hip hop.
this is not clinton hill
this is ugly sid of bedstuy
good luck
i dont like (most of) clinton hill
i really dont like this
Foreclosed or otherwise abandoned buildings on both sides? That bodes well.