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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. says who, 6:23?

    it may not make financial sense to you, but for someone who makes plenty of money and likes cobble hill, this makes excellent financial sense to them.

    in the long run, they will own a multi-million dollar home in one of the best cities in the world, and you will still be complaining that you do not.

    makes sense to me.

  2. I think these prices are insane.
    Why pay $2.5 million to live in this small dump in Cobble Hill no less. Eventually the recession will cause people to wise up. They have been buying like lunatics just because they think prices go up 20% a year. It makes no financial sense to buy this for the money.

  3. The BEST thing about the subways…and you oftentimes forget this until you’re trapped in the burbs somewhere….is being able to go out on Friday night and have 7 beers if you want!!!!!

  4. 489 Henry st sold for $3.6 but it was a beautifully gut renovated 1 fam. since it would cost about $1 million to make this place as nice as 489 Henry i guess it is a good deal, but maybe a bit overpriced. but since there is no inventory in the hood i’m sure it will sell for ask or very near it.

  5. Subway commuters may hate their ride more, but we still stay in the city (rather than up on Metro North) because (1) you can take the subway anytime – you don’t have to wait for your scheduled train (when there’s no subway delay, that is), (2) for many, the ride is a hell of lot shorter than a subway to Grand Central and a 45-min ride (again, when there is no track work or other delay), and (3) it is a much cheaper commute.

  6. you guys are crazy – first of all there are two bathrooms in this apt – one on parlor and one on garden. there is a small study which could probably be used as a bedroom and there is a playroom which could be a guestroom when necessary. the walk to the subway from this location is negligable. there isn’t really any place in carroll gardens or cobble hill that is that far from a subway. Finally, if you look closely, the garden is modestly landscaped. I can see shrubberies and a small tree around the grass – I’m sure it’s lovely in the summer (or will be lovely as the pants grow a bit more) – you just can’t tell at this time of year…

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