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At the asking price of $1,600,000, this three-story limestone at 547 9th Street in Park Slope is the best deal we’ve seen in a long, long time. The 3,000-square-foot two-family bay-front is located on a park block and dripping in historic details. The Orrichio Anderson listing says that the lower duplex will require a full renovation; since the floors, woodwork and walls all look in good shape, we assume they mean new bathrooms, kitchens, heating, etc. We bet $300,000 would go a long way here for someone with a little creativity and then look what you’ve got. Fantastic.
547 9th Street [NY Times] GMAP P*Shark



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  1. Agreed 2:29. I’m in the market. I think this is a cute house. My only problem is that I think I’d rather spend an additional $400K and get an extra story with those 2 or more additional rooms. It also give you more leeway in terms of renting out a unit later.

  2. Say what you will about Park Slope, but there are plenty of people who love it and are looking for a place under $2mil. Most places in the slope at this price are much farther from the park or have had their ceilings dropped and their details stripped. Sure, it’s a busy block and needs some work, but if it were on 3rd street and pristinely renovated already it would cost $1mil more.

  3. $300,000 would go a long way most places…to buy a whole new house. Sometimes I think we have all become like the folks in Weimar Germany taking their wheelbarrows full of Deutchmarks to buy a loaf of bread…

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