House of the Day: 462 Henry Street
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…
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
I used to live in this neighborhood and I absolutely love it–but paying over 2 mil to live in a 2-bed, 1 bath apt seems a little extreme to me.
why wouldn’t it go for $2.5 mil? I mean, it’s a prime, prime neighborhood, despite teh walk to the subway. Nice finishes and PS 29 is reportedly a great school. It sounds like a deal to me.
What cracks me up most about so many of the high end kitvhens are the range hoods which often don’t even vent outside, but just recirculate the filtered air making them effectively worthless.
In that case, the stage must be for a puppet theater.
Frankly, if you are renovating a place with a mind to sell, it doesn’t really pay to put in the high end stuff, in my opinion, as long as what is there is OK (like kitchenaid). Anyone who really cares about that stuff is more likely to prefer one brand or model over another one,and you likely won’t have installed the one they want. Like paint colors, it doesn’t pay to go all out on them – as they are easy for owners to change. Unlike the harder to do stuff – like plumbing and electrical.
I made the original fetish comment – and I agree – it isn’t what you make your decision on. If you want a higher end range (or other appliance), you buy a new one, plug it in, and sell or donate the old one.
I’m aware of the waste line step-up bathroom issue, except in this case, it is nowhere near the bathroom.
I’m not saying I have a fetish for pro-quality appliances (although I do–and I cook like crazy on them. Not trophies). I’m saying that I don’t see what is “very” high end about the reno. That’s all.
Truth is, making your buying decision based on Kitchen Aid gear versus, say, Viking, would be extraordinarily stupid. The difference in price between those appliances for an entire cucina would be somewhere in the $15K range. A total rounding error on a $2M purchase.
By the way, usually when somebody builds a weird platform like a stage, it’s because they’ve added a bathroom and couldn’t come up with a more elegant way to finagle the waste line.
It always amazes me that people who would be challenged to cook a hard-boiled egg correctly can be so obsessed with the brand of the stove.