House of the Day: 242 Washington Avenue
We had already started to write up 242 Washington Avenue as a House of the Day when it hit us: We’ve been inside that house. We were guests at a lovely al fresco dinner party last summer. In fact, Mrs. B had just been talking about how the owner’s duplex would make a good interiors…
We had already started to write up 242 Washington Avenue as a House of the Day when it hit us: We’ve been inside that house. We were guests at a lovely al fresco dinner party last summer. In fact, Mrs. B had just been talking about how the owner’s duplex would make a good interiors post. Given the conflict of interest, we’ll steer clear of opining about the $2,300,000 asking price, and just say that the owner’s duplex of this five-story, 5,500-square-foot house is really nicely done in a simple but elegant manner. We’ve never seen the upper three rental units, but judging from the photos they’re not as nice. They do, as the listing points out, generate over $50,000 a year in income. This’ll be an interesting one to watch.
242 Washington Avenue [Corcoran] GMAP P*Shark
And the reason we are about to be in trouble is because all of you are spending more than you make/can afford in the name of GREED.
So the best thing you can do right now to help get things back on track is to pay off your credit cards, put some money in your savings account every month and stop buying $400 pairs of shoes when you make 30K a year.
– Suze Orman
p.s. Turn off those tv’s (there’s nothing left to watch now anyway) and play a game of scrabble with the kids, or take them to free Saturdays at the Brooklyn Museum or a concert at BAM. It’s time we do something to stop allowing America go down the drain right in front of our own eyes.
there is another house for sale on St. James place off of Layfayette for over 2 million on brooklyn properties website 5 story and 3 family does it make any sense- saw it last sunday and has details and good rental but not sure of whats selling in the area and the building across the street?
To depressing guest 2:23
wow, thanks for promulgating exactly the attitude that encourages such recessions and kills economies. You should know from reading WSJ etc. that consumer confidance can guide an economy out of a recession. Doomsdayers like you are the reason thinks go down the potty.
on that note, ithat house IS still to expensive for this hood in this market
I’ll tell you how they get 5500 sq ft. is that the owners duplex is “triple deep” according to Corcoran site. Which means two things. 1) the center of that owners duplex is triple dark and 2) the back yard is tiny.
Bernanke was practically shaking & tearing up this morning. Bad times ahead.
Does anyone on here read anything else besides Brownstoner? Like the Wall Street Journal or New York Times??
It seems IMPOSSIBLE to me that some of you could STILL be thinking that the American Economy is not about to be in some pretty huge trouble.
While it certainly won’t be the end of the world, we are in for a pretty major recession…no matter how you slice it.
Go read the news.
This house is going to be worth less than this in a year. That’s the bottom line. Does not matter if it’s 5500 sf or 4500 sf.
It’s too expensive for this neighborhood in this market.
Things just in the past week alone are showing that even NYC is about to feel what the rest of the country has been feeling for a while now.
This very well might be the worst economic conditions coming up since the Great Depression.
property shark says 4667 ft.
2:18pm: It’s 18.75′ wide.
Jerry and his mothership love to put big tags on things e.g Hall St carriage houses for 1.6…total gut needed and no space, basement, 1 bath. In my opinion, they are getting a little out of control. Actually, a little insulting to be honest Jer.
The house looks nice-ish and the block is lovely but the tag is steep for this fragile market. I am curious to see how long this sits. Hopefully buyers are more clever than Corc. gives them credit