House of the Day: 119 Bainbridge Street
Based purely on anecdotal evidence, it seems like houses in Bed Stuy—even the best ones—are having the most trouble in the post-subprime world. Take 119 Bainbridge Street, for example. The four-story, 4,132-square-foot house is a beauty and is on one of the nicest streets in Bed Stuy. Back in September, the house was listed for…
Based purely on anecdotal evidence, it seems like houses in Bed Stuy—even the best ones—are having the most trouble in the post-subprime world. Take 119 Bainbridge Street, for example. The four-story, 4,132-square-foot house is a beauty and is on one of the nicest streets in Bed Stuy. Back in September, the house was listed for $1,300,000. Now, the asking price has dropped to $1,000,000. Clearly the lack of buyers is about the overall market and the neighborhood more than a statement about the house, which has rocking woodwork. What’s the market-clearing price on this one?
119 Bainbridge Street [Brooklyn Properties] GMAP
Open House Picks 9/27/07 [Brownstoner] P*Shark
judging from this thread, half of brooklyn has already seen this house.
and it is still for sale.
that should tell you something.
5:37 -You are only demonstrating your ignorance. A grade A means nothing. Actually – it does mean something. That a school was so bad that there was room for improvement. You’ll note that none of the best public schools in NYC received a grade a. That is because they had no room to improve. The worse a school is, the more it can improve.
My house (in the same rough area) is brick and brownstone so I should be biased toward your belief that frame houses are worth way less. But no way, no how is there a 30% discount for frame houses. Maybe it will take longer to sell than a brownsotne, and maybe for $100K less, I don’t know. But if you could get a frame house this size and condition for $1M in this neighborhood, people like the house-hunter who posted above would jump for joy. They don’t exist.
5:41pm this thread has been hijacked by some poor individual with nothing else better to do.
I have to say I am lost on so many levels on this thread. How is it that people are calling this house small when it is four stories and 20×50 – that is 4000 sq feet!! How are they saying it is in crappy condition when there are such beautiful floors and details and at least one photo of a lovely bathroom? Is a paint job and putting in a new ikea kitchen now considered major work?
And how is it that no one responded to that greenpoint person’s offensive rant?
And finally – what the hell is 5:17 talking about?????
3.40 – you confuse racical group with cultural group. As does virtually everyone on here.
greenpoint murder rate = 0. (Being poor is no excuse for behaving badly).
greenpoint bad architecture – see landmarked brownstone streets.
greenpoint oil spill has never crossed west of manhattan ave, and never will – its being drained (slowly).
greenpoint schools ps34 and 31 – Grade A.
When it comes to a neighborhood to buy a house in most people are more worried about how safe it is on the street.
By now everyone on this board should know that this troll is clearly under the employ of the Prince Hotel Group. I went back through about 25 threads on PLG and Park Slope Moms and witnessed the same troll tirelessly and systematically sabotaging every board with respect to these two areas. By virtue of his writing style, tone and penchant for praising, talking to, and arguing with himself, it became abundantly clear that the Park Slope mom troll and Lefferts Hotel troll are two of the same. Given these desperate measures, I can only surmise that Mr. Fried finds himself in quite a dire predicament. I’m happy to see that Mr. Fried and his minions are finally feeling some real heat and succumbing to the pressure. Hopefully, in a few years they’ll also feel the solitude and coldness of a federal prison cell.
Trust me. There is a huge case here. I sense it. And at some point this house of cards will come crashing down. This dirty, rotten, bastards will not GET AWAY WITH THIS!!! I SWEAR TO GOD IT WILL NEVER HAPPEN!!!!!
Sincerely,
Former Assistant United States Attorney
The Criminal Division of the US Attorney Office for the Eastern District; with many friends and contacts still on the job.
Jeez, 4:25 bad generalization is right!
I am a white person living in Bed Stuy, and I love living here because people are so nice to eachother on the street. I like saying hello to my neighbors instead of ignoring them. I like it when kids pet my dog and people notice when your car is in streetcleaning arrears and come remind you.
These are black people, 4:25. Saying hello to me and wishing me a lovely day. Helping me avoid tickets. Noticing how hard we’ve been working on the house and commiserating, and telling stories about their houses. Even though I am white.
I have learned a lot about how to be a good neighbor by living in Bed Stuy.