House of the Day: 799 Carroll Street
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…
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
Re: comps (this one’s for you, 2:44) – I agree that thee best comp of all is that this house is STILL listed on Aguayo & Hubener website at 2,275,000 and it’s listed as “JUST SOLD”. This precisely proves my point that the 2 mil range is more the range these days but even that is only for homes that are large, special, truly prime location. There have also been sales of townhouses in the past year well under 2 mil in the Center Slope – again, poke around Property Shark to see – I know of one on 2nd Street bet 5/6 that sold for 1.6 for example. I also know plenty of people who have recently bought in South Slope (on nice blocks mind you in the “good” school zones) for 1.2-1.4. Of course, there are many variables in pricing – square footage, condition of house, exact location, school district, detail/charm or lack thereof, light quality. But my point is, I think this “3 mil” figure blithely being thrown around is the exception, not the rule. Yes, a house under 2 mil might involve some compromise, but IMO, this HOTD also has lots of compromise (those bathrooms and kitchen – yuck!, potential darkness much of the day, lack of detail, proximity to loud 8th ave, etc.) and is thus no way worth this price. I would not even have bought it at 2.275 from A&H.
So, in response to all the speculation that the owner got it at a reduced price for some sort of special reason, you’re wrong. Aguayo still has it listed at $2.275 on its main webpage. They reduced the price because it wasn’t moving. How’s that for a comp?
BIZARRE that it’s still listed on Aguayo as in contract. Truly bizarre. Wonder what the hell happened here…
Aguayo still has it listed, since it just sold. Apparently the price was reduced to the $2.275 since it’s listed on the Aguayo main house page at that price:
http://ahbrooklyn.com/property.php?id=97&type=house&displaytype=house
“Architectural Plans Avail w/Sale” — I wonder if the seller asked the architect if he can sell the plans with the house? Sounds like a bigger renovation was abandoned.
“Brick Inlaid Path Leads To Entry”
what does that mean?
I love the kind of neo-gothic oxidized copper window frame in front. Great details on exterior but gah, the interior is so bland and nothing. Except the kitchen, I’m loving the kitchen. I prefer a galley kitchen and I love patterned tiles.
But back to details, this place seems it was a victim of apartmentization in the 60’s or 70’s. Then converted back to a house. With all details gone.
If this house were drenched in sunlight, i.e., if it were the recipient of the light that the house farthest to the left receives, I would pay $2.5 million for it on the spot.
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?