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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. 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    – Outdated kitchens and bathrooms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.

  2. 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.

  3. 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.

  4. 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.

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