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
This house might not be in permanent shadow, but you will be in the dark for 75% of daylight hours, judging by the side of the street it is on.
We saw this when it was up for sale a few months ago.
Here’s why the value is closer to $2mm than $3mm (or why the original buyer didn’t get a great deal, unless he flips it at this price):
– Federal style, not true brownstone
– Required significant upgrades on mechanicals, etc. (this is potentially what the new buyer did)
– Outdated kitchens and bathrooms
– Period details almost non-existant
– Floors in terrible shape
– Rental unit required work
Either the buyer put some money into paint and mechanicals or he/she is crazy.
the building doesn’t go anywhere, but the sun does.
your line of thinking is not unlike those who thought the earth was flat.
Any number of ways, 3:41. First, by realizing that the outline of the shadow is that of a BUILDING, and the building is not going anywhere. Second, go to live maps or Prop Shark and see said buildings that surround the house.
how does one decipher a “PERMANENT SHADOW” from a snapshot, may i ask?
Look at the PERMANENT shadow in that picture! No light, ever.
And for that dough, I’d rather buy this in Park Slope:
http://www.prudentialelliman.com/Listings.aspx?ListingID=931051
Or for a little more, the 2nd Street beauty featured last week.
I’ve been to acris and property shark many times. That’s why I know that anything that closed on Nov 9 is not likely to be listed by yet and that many things still end up going unreported.
3:13 – 2:20 again – yes, I understand p/sf but the houses I have in mind (that sold for closer to 2mil) are wide and deep and thus close in sf to this one. Truly, folks can troll property shark to see for themselves.
um 3:20 I ttake it you’ve never been to Acris http://www.nyc.gov/html/dof/html/jump/acris.shtml let alone taken the link provided above to Property Shark? Every condo and house sale, (ie real property transfer) as opposed to a co-op (share transaction), is recorded for all to see.