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Flip-o-rama! In one of the fastest turnaround’s we’ve ever seen, the owner who closed on this 4,728-square-foot house at 799 Carroll Street for $2,275,000 on November 9 of this year has already put the two-family charmer back on the market for, get this, $2,930,000! It’s obviously a very nice house, but not as stunning as some other houses that have come on the market in this price range recently. We’ve got no idea what the seller is thinking will justify the 25% price hike, especially since the market is arguably weaker than when he went into contract earlier this year. Is there a back-story that might explain this?
799 Carroll Street [Brooklyn Properties] GMAP P*Shark


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  1. I put in the first bid on this house originally. it needs 1mm of work to update it….i had it priced out. I bid 2.2mm originally (was listed at 2.6mm) and the broker actually laughed at me.

    It somehow then mysteriously sells for 2.275mm without me knowing. then, 2 weeks after they close…we get a call from brooklyn properties offering us the same house at 2.9mm.

    The house is really nice…but needs a lot of work. very outdated.

  2. I have seen the house, and as far as any “color on this transaction” I must say that as a potential seller of a brownstone in Park Slope I would certainly steer clear of Aguayo and Huebener as a listing agent.

  3. The sale of 799 carroll place at $2.275 million appeared in this weekend’s nytimes real estate section’s residential sales around the region, with an original listing price of $2.599 million. Here is the link:
    http://www.nytimes.com/imagepages/2007/12/29/realestate/30sales_image.html

    I see that it is still listed with brooklyn properties at $2.93 mil:

    http://www.brooklynproperties.com/house188.htm

    The flipper, Daniel Louis Gastel, bought this place from Mary Shanley in Nov07 for $2.275mil and is listing it for sale at $2.93mil

    Does anyone have any more color on this transaction?

  4. “Also, I get the sense that light is a problem given that the broker touts the ability to put windows on side wall (presumably to get more light). But isn’t this expensive? Does anyone have a sense of what that would cost?”

    Typical cost is $5-7k per window, not cheap but as any architect will tell you, worth a great deal. How many places have light from three sides?

  5. Was walking by the house this past Sunday and decided to take a peak. The house is in poor shape. The only impressive aspect is the size. All the bathrooms are dated, some don’t even work, missing fixtures etc., holes in floor. The kitchens are horrible. I’m not sure what the seller is thinking.

  6. I saw this house when it was on the market before the current owners bought it. I almost walked away from the open house before going in because the outside is so hideous and it’s right next to a huge apartment building. The living room is the nicest part of the house. The rest is dated and totally uninspiring. Anyone who pays near the asking price is desperate and/or dumb unless the current owners did a lot of work to it. But how much work could have been done in a month?

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