House of the Day: 679 St. Marks Avenue
This one’s not for the faint of heart. This one-time beauty queen at 679 St. Marks Avenue in Crown Heights is ready for a gut and asking $400,000 for the privilege. This is priced at about $80 per buildable square foot. (The house is only 2,700 square feet but the 2.43 FAR allows for another…
This one’s not for the faint of heart. This one-time beauty queen at 679 St. Marks Avenue in Crown Heights is ready for a gut and asking $400,000 for the privilege. This is priced at about $80 per buildable square foot. (The house is only 2,700 square feet but the 2.43 FAR allows for another 2,300 square feet to be built.) Is this a good deal? If you think you could condo it and sell the finished square feet for, say, $450 a foot, there’s gotta be some room for profit in the equation, don’t you think?
679 St. Marks Avenue [Douglas Elliman] GMAP P*Shark
This house was already auctioned off in 2005. BTW, a close-up of the picture on Property Shark reveals just how bad this facade really looks. It’s a shell.
It might help sell the house if it was listed:
This house is on the border of the border of Caroll Gardens.
It’s 16′ wide.
Not in the landmarked section of Crown Heights. If it was it would probably be listed for more.
http://ci.nyc.ny.us/html/lpc/html/maps/maps_bklyn.shtml
So basically you can buy it and add an ugly glass tower on top and do a curb cut and get a garage on the 1st floor….GO, developers.
Corcoran can price it at $4 million and move it to Carroll Gardens, now the most expensive nabe in Brooklyn after Brooklyn Heights!
Why is everything a condo conversion, Brownstoner?! Jeez. Keep the crappy condos on 4th Avenue in Park Slope where they belong.
Just becasue the FAR allows for more doesn’t mean the buyer HAS to use it.
I hope the buyer keeps the building intact and lives in the building (owner-occupied).
2.4M….And we’ll all come on here and say it’s overpriced and Park Slope is the best neighborhood.
I think Corcoran could list it easily for say…2.4 mil?
If this is in the landmarked section of Crown heights, than that FAR is worthless.
Can you get a mortgage for this?
What’s wrong with Characters?