462-Henry-Street-Brooklyn-0108.jpg
The brownstone at 462 Henry Street in Cobble Hill, which was shown for the first time yesterday, changed hands in late 2004 for $1,500,000. Since then, the owners have done a very high-end renovation of the lower owner’s duplex; there are three rental apartments on the top two floors. So, nice house, nice location, but is it gonna fetch the full asking price of $2,500,000 in this market? The closest comp is 459 Henry Street across the street, a house in much worse shape which sold last year for $1,730,000. Did anyone go to the open house?
462 Henry Street [Douglas Elliman] GMAP P*Shark


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  1. I’m 53 and if you think i could get my wife to walk in her fancy shoes to the subway at night to visit friends in Manhattan or go to Lincoln Center, you are crazy. No one who has a little cash and is not congenitally cheap takes the subway at night. Certainly not ladies if they are dressed up. It’s gross and smelly and iffy. Plus the subways don’t really run on the weekends any more. The whole system is a dysfunctional mess. A private car, car service, or cab is infinitely better and gets you there faster. That is not the politically correct answer but it is the truth. The trains are fine if you’re 30, or if like the mayor, your caravan of SUV’s drops you off at the express stop.

  2. WARNING
    This is a little off topic…But, can someone estimate what we should expect to offer for a 4-floor “regular” townhouse in prime Fort Greene that needs a real reno?

    Basically, by “prime” I mean “prime commuting walking distance and decent shopping”–anything south of DeKalb and west of, say, Clermont. By “real reno” I mean, new everything like windows, electric, heat/hot water systems, bathrooms and kitchens but the bones are decent with some details still intact…maybe new interior woodwork around windows and doors.

    We have looked at a couple of places and don’t want (can’t afford) the really big houses like on South Portland and the park. And we don’t like the smaller ones on Carlton between Greene and Layette…saw one and its “garden” floor was really only a cellar with windows. We’re more in the market for an in-between sized brick rowhouse like on Lafayette or something.

    The backyards in most of FG are not that deep unfortunately, but it is more the convenience to all the trains in FG and the feel of the neighborhood we like. Truth is, we live here now and don’t want to leave.

    Are all prices in prime FG near the trains well north of 1.6 even for places that, frankly, need a real reno?

    Also, what’s the opinion out there (aside from “After AY…”). Is it worth dropping 1.75 to 2m on a basic double-duplex or owner-duplex-plus-two-rentals in prime FG? Is it dumb to consider something north of 1.25 for a prime location needing a reno? Is the nabe going to remain “golden” or at least stable through this downturn?

    Feedback please. Thanks!

  3. i see drew barrymore on the train all the time.

    she has the money to afford a car or cab everywhere she goes.

    it takes all kinds to make up this world.

    sadly there are too many like 7:27 who are too closed minded to realize that there are many different types of people who make up this world, and their differences is what makes it so special.

    but people continually like to make assumptions, generalizations and stereotypes for people.

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