House of the Day: 145 Bergen Street
From what we hear, the market for nice houses in Boerum Hill is still pretty tight. And compared to some houses in the area that have been on the market recently, the $2,000,000 asking price for 145 Bergen is not particularly high. That said, there are too many question marks with this place to feel…
From what we hear, the market for nice houses in Boerum Hill is still pretty tight. And compared to some houses in the area that have been on the market recently, the $2,000,000 asking price for 145 Bergen is not particularly high. That said, there are too many question marks with this place to feel optimistic about its chances of selling at this price. The house had its last major makeover back in 1968 and, given the fact that it’s a four-family rental, it’s unlikely that the interiors are in great shape. (The lack of photos lends credence to that theory.) Has anyone been inside this place?
145 Bergen Street [Craigslist] GMAP P*Shark
I agree that post-renovation, needs to be priced around $1.8-2MM.
Need to find out current rent roll for these “high rent” apartments before determining proper selling price.
Being able to stumble home drunk from the Brooklyn Inn in 30 seconds is priceless.
It’s is a solid location too in terms of train service.
You pay a premium for being that close to the Brooklyn Inn.
I think they might get it or very close to it.
i agree…this might go in a bidding war.
Outside is beautiful beautiful beautiful. I don’t know about the interior but this will sell for at least the asking maybe over. I love the area. Love the block.
2:06 — the listing states:
“Parlor floor is now vacant and is easily reconnected to lower (garden) apartment by way of concealed internal staircase. Three apartments are occupied by high rent tenants all of whom are ex-lease.”
It’s a four family building, so 3 are occupied with high rent and 1 is vacant. If there’s a rent control tenant, then the listing is fraudulent, and I doubt that.
Needs to be priced so that it is post-renovation at no more than $2MM (or maybe even 1.7). So, if it needs $400,000 in renovations, then it will need to be priced at about $1.3-1.6MM.
Otherwise, all you are doing is subsidizing your rentals.
you know this how, 2:06???