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
Narrow house and the taxes are high
This house and the broker’s Washington Park listing will sit for a long time. He’s trying to fashion himself as the new Minsky. I guess some sellers don’t really need to sell, but are just testing the market.
Where is the 5th floor? Below the garden level? Built on the roof? Also, the building, according to pShark is 45×20 for 900sf/floor, so it’s 4500sf tops rather than the 5100sf listed.
Upon 2nd thought, I wouldn’t have even paid the original 1.9 million for the place.
Park Slope, here I come. The FG/CH market is too full of itself, and I’d rather spend that kind of money in PS, stroller bitches and all.
Don’t understand this layout at all, and while there might be someone out there willing to pay 2.5 million for this, I can’t imagine who. Is there a shared stairwell? I don’t even especially like the renovation, and for nearly $3 million or even $500,000 less, I’d buy something else I didn’t have to renovate again too make a good layout for my family.
Where is all the crown molding?? If you’re going to restore a house and flip it, you have to put in the crown molding. It’s the cheapest thing to do. Those ceilings look horrendous. And the paint job only highlights the fact that the decorative molding is missing.
not sure if this seller has heard…prices are going DOWN in fringe areas or areas that gentrified during the latest housing boom.
no moldings.
no thanks.
the price is outrageous.