House of the Day: 113 Columbia Heights
The five-story, 7,200-square-foot house at 113 Columbia Heights in Brooklyn Heights is being positioned as a make-over candidate by both brokerage firms handling the listing but, frankly, it doesn’t look in such bad shape to us! Perhaps the assumption is that anyone willing and able to plunk down the $5,750,000 asking price for the 25-foot-wide…
The five-story, 7,200-square-foot house at 113 Columbia Heights in Brooklyn Heights is being positioned as a make-over candidate by both brokerage firms handling the listing but, frankly, it doesn’t look in such bad shape to us! Perhaps the assumption is that anyone willing and able to plunk down the $5,750,000 asking price for the 25-foot-wide manse will have a certain intolerance for rough charm. Probably something to that. Anyway, it’s under $800 a foot for a prime Heights location so someone’ll probably jump on it. At this price, though, it seems more likely to be a BSD looking for a trophy home than a condo converter.
113 Columbia Heights [Brown Harris Stevens] GMAP
113 Columbia Heights [Halstead] P*Shark
113 Columbia Heights [Skyline Realty]
For a high end gut renovation, you’re looking at $350/sq. ft.
purchase at 800/sq. ft. + 350/sq. ft. for renovation, you’re looking at $1,150/sq. ft. – NOT worth it.
Interesting to compare this to 135 Joralemon, another prime historic Heights home, which has dropped its price yet again (to $4,950,000), bringing it a full $1 million lower than the original asking. The Columbia Heights location is stunning, and that’s a lot of square feet, and even with the work you’d have to put into it, I still think its a better deal, given what they’re asking over on Joralemon. I wonder if either of these will find a buyer given the state of the economy.
from the floor plan…looks like there’s a kitchen on each floor. Tenants???? It didn’t say anything about delivered vacant…just said bring your architect.
And you’re going to need one, cause it’s such a cooky layout.
Is the price right for for something that needs that much work in Brooklyn Heights?
anyone know if those are the original front doors?
wow, 25 feet wide and the top floor is still carved up into microscopic bedrooms. i guess even jumbo brownstones are not immune to this phenomenon.
I don’t know the story here, but I’m guessing the people who bought the house immediately to the right of this house (or, in the picture, on the left) bought this one at same time. They tried to flip the first one after a lengthy and bizarre renovation and still hasn’t sold (I think). Then the figured they’d sell the other too and ran out of moeny for that flip.
I think the owners ARE skyline realty are very closely connected. Anyway, I think they got over their heads on these. If someone is really interested, offer 4mm in cash and 24 hours to decide and I bet they’d take it.
Most of these big old houses in the Heights come complete with a collection of rent regulated geezers who are blessed with remarkable longevity -and who are among the crankiest and most litiguous seniors on the planet.
i can name about 5,750,000 of them.
Is it typical to list at three brokers at once, or is this a hint of desperation?