House of the Day: 274 Clinton Avenue
Has the value of Clinton Hill real estate gone up 50% in the last two years? Don’t think so. But that’s the increase that the seller of 274 Clinton Avenue is looking to make. She bought the five-story house in August of 2005 for $1,925,000 and now has the house back on the market for…

Has the value of Clinton Hill real estate gone up 50% in the last two years? Don’t think so. But that’s the increase that the seller of 274 Clinton Avenue is looking to make. She bought the five-story house in August of 2005 for $1,925,000 and now has the house back on the market for $2,995,000. Of course, from the looks of it, she’s put a fair amount of dough into the renovation, which looks pretty nice. (Our only quibbles are the choice of white for the bannister and the fact that the crown and ceiling moldings are no more.) There’s lots of original woodwork, however, and it’s on a fantastic block. We could see this fetching $2.6 or $2.7 million but would surprised if someone steps up for the full asking price. Stranger things have happened though.
274 Clinton Avenue [Corcoran] GMAP P*Shark
“it is a neighborhood in transition in an economy that may be heading into a recession.”
The neighborhood has been in transition for the last 8 years. It amazes me…half of you think Clinton Hill and Bed Stuy are one in the same, and the other half don’t know the difference between Ft. Greene and Clinton Hill in terms of actual geographic location.
I do believe this is symptomatic of Christopher Columbus Syndrome. Just because you didn’t know it existed up until a couple of years ago, does not make it fringe.
So could someone explain why those taxes are almost $14K?
homes in the north of park slope are much more accessible to trains than this home in CLINTON HILL.
not ft. greene. nice try though, 2:11.
The brownstone next door is owned by Tau Delta Phi Delta. So it’s a frat house??
agree on that one, 2:07.
let’s hope some poor sucker doesn’t do the same now.
this should not sell for more than 2 million dollars.
i don’t believe anything in clinton hill is worth more than that at this time.
it is a neighborhood in transition in an economy that may be heading into a recession.
it is quite possible this home would have a tough time selling for 1.8 million in 5 years.
It’s listed at less than $600 per square foot. Could be a bit high, but I don’t think it’s crazy. And certainly cheaper than PS. Taxes are highest I’ve seen, though – a good 5,000-7,000 more than most similar houses.
Lastly, anyone who says PS has better transportation than Fort Greene is a moron.
The problem here is that previous owner waay overpaid in 2005.
johnife, there is a floorplan, and I posted at 1:39 that I didn’t understand it. It seems like the lower triplex isn’t private — the tenants have to go through your space. Who would pay 3 million for that? PS, I didn’t do all the first 9 posts, so someone else is also posting that this is overpriced.
When I click on floorplan it doesn’t come up.How many brownstones have 2 separate stairwells? I don’t understand.
It is larger than your average brownstone, so..??
But the photography police has to talk to Abdul for a second. Abdul, kudos to you for owning and using a wide lens! However, the distortion is bugging me. You can fix this in Photoshop. Thank you.