House of the Day: 915 Sterling Place
The four-story house at 915 Sterling Place is a little on the narrow side (17 feet) but makes up for it with an extra-deep lot (120 feet). The listing claims that the house is “loaded with original details” but the one interior photo included isn’t too convincing; the fact that it’s divided up into four…
The four-story house at 915 Sterling Place is a little on the narrow side (17 feet) but makes up for it with an extra-deep lot (120 feet). The listing claims that the house is “loaded with original details” but the one interior photo included isn’t too convincing; the fact that it’s divided up into four units also doesn’t bode particularly well for the preservation of interior details, but this part of town does have some great woodwork so maybe there’s something to it. And what about the asking price of $895,000? We suspect it’ll go for a little less, especially since the seller is already being touted as “motivated.” Anyone been inside?
915 Sterling Place [Elliman] GMAP P*Shark
Gentrification in Crown Heights and other ‘hoods will discontinue until no sooner than 2020.
I thought the point was that people in Crown Heights don’t know how to spell because of the low income and low education levels.
No?
And, Mr.Chips, you misspelled “the”. I hardly think my spelling is the point of the discussion here. Sheesh.
50K a year qualifies one for a mortgage of 150K.
200K tops.
Not sure where you are finding rowhouses for those prices, Montrose.
3:33, you obviously know very little about reading statistics. Median obviously means “middle”, as to income in this case, but it certainly doesn’t mean “half”, when you are speaking of the numbers of those who have those incomes.
I am neither blind nor naive as to the economic realities of Crown Heights. However, affording a row house, at a middle class income of $50K is certainly doable, if you have one or more tenants, which is something probably not possible in most of the rest of “normal America”. I know, I am doing it. It’s not mint julips and vacations in Paris, but is possible. Most of my neighbors and friends who live here are more like me than either extreme of the income spectrum. All of us have tenants, pinch pennies wherever possible, and get by somehow. And we are the majority here. As I said before, there are way too many desperately poor people here, and much needs to be done to address their needs, but to say that the majority of people here totally misrepresents reality.
Monstrose,
You misspelled tyhe word “independent” in your 3:22 post. The correct spelling is i-n-d-e-p-e-n-d-e-n-t, not i-n-d-e-p-e-n-d-a-n-t. Tsk, tsk, tsk.
^ haha wrong thread.
400K is also the going rate for a 1 bedroom in Seattle, Portland’s Pearl District, Boston, San Francisco and West Los Angeles, to name a few.
Not sure why some people here think that 400K is too much to spend on a 1 bedroom in New York City.
no one is saying theres no middle class in these neighborhoods. Paying for a million dollar home puts you well over middle class. Shit paying for a 400k house puts you way over middle class. Middle class in “normal” america is someone making around 50k a year which buys you nothing that fits a family in crown heights. This was ok when the brownstones were 200k a piece not when they are now 900k.
also crown heights still has some serious drug problems. I know plenty of people that live there and bitch about it.