House of the Day: 275 Washington Avenue
Big changes are afoot at 275 Washington Avenue in Clinton Hill! After a couple of months in limbo, the 36-foot-wide brownstone mansion is back on the market with a new broker and a new price. The 7,800-square-foot property, which the current owner subdivided from the adjacent lot after his purchase from Pratt for a song…
Big changes are afoot at 275 Washington Avenue in Clinton Hill! After a couple of months in limbo, the 36-foot-wide brownstone mansion is back on the market with a new broker and a new price. The 7,800-square-foot property, which the current owner subdivided from the adjacent lot after his purchase from Pratt for a song last June, originally came on the market with Corcoran last September for $3,500,000. It’s now back on with Brown Harris Stevens for $3,200,000. (The carriage house behind it is now on the market with Brooklyn Properties for $2,600,000.) This could be one of the most spectacular homes in Brooklyn, but it’s gonna take a lot of work (and a lot of money).
275 Washington Avenue [Brown Harris Stevens] GMAP P*Shark
Brooklyn Properties STILL has the listing. And they’ve got the interior pictures:
http://brooklynproperties.com/house115.htm
Hey The What…
You conveniently left out the sentence that comes RIGHT AFTER the paragraph you cut and pasted…
“But while the number of transactions may be down from this time last year, prices still seem to be rising. Brown Harris Stevens’ and Halstead’s chief economist reports a 14% property price increase, to a median of $850,000.”
Kind of an important little detail you missed there…
Not saying all is well, but at least cut and paste the ENTIRE article. Especially because when the information you leave out directly goes against everything you say, it makes every single thing you say seem invalid.
Oh wait…
A potentially amazing house if you are willing and able to open the money spigot to fix it up. It’s rather unfortunate that it is smack up against that bigger building though. How’s the block?
Well this was the brownstoner quote from back in November…
“Pratt must be kicking itself now. Last June, the art college sold off a property that runs through the block from Washington to Hall between Willoughby and DeKalb in Clinton Hill with both a mansion and a carriage house for the seemingly low price of $3,000,000.”
Thing is…if I were Pratt, I’d be thrilled. The one who should be kicking himself is the guy who bought one ok and one rotting property which haven’t sold in almost a year. Meanwhile Pratt has got 3 million bucks it didn’t have before.
No way this is selling for anything close to this. I’m so bored with this house.
So, BHS can’t manage to include interior pics? I recall Brooklyn Properties having tons of interior pics for this place when they had the listing. Minsky too. Pretty pathetic.
Yep, the end is here. The asking prices are hilarious! We should go to open houses and yell “How much was that again”. The delusion is at full boom peak. 3.2 million yep, maybe someone from Bear Sterns can purchase this house. Lets see if we can get those prices up in the ghetto! Read it and weep.
Manhattan Home Market Slows as Wall Street Cuts Jobs (Update1)
http://www.bloomberg.com/apps/news?pid=20601109&sid=ahgWx1z6LFxE&refer=home#
“Manhattan apartment sales fell in January and February from a year earlier and new properties came to the market at the fastest pace since at least 2000, according to data from New York-based real estate appraiser Miller Samuel Inc. Transactions slid 6.4 percent to 3,250, while the number of condominiums, co- operatives and townhouses for sale at the end of last month climbed to 6,225, 15 percent more than at the start of the year.”
And…
“At developer Ian Schrager’s 40 Bond St., the avant-garde lofts created by Pritzker Prize-winning architects Herzog & de Meuron aren’t holding their prices. The Corcoran Group recently cut the price of a three-bedroom, 2,600-square-foot apartment by about 8 percent to $5.5 million. The unit features wide-plank Austrian smoked oak floors, 11-foot ceilings and access to spa services.”
Wow 40 Bond St. Manhattan? Naw not Manhattan!
“Future real estate gains are in jeopardy over the next two years because Wall Street may cut another 25,000 jobs by 2010, Di Natale estimates.”
Yep, ask for what you want, you will never get it.
The What
Someday this war is gonna end…
Is this area landmarked?
“Let me get this right- both the main house & the carraige house were bought about 9 months ago for 3 million and now they are being sold for 5.8 million?”
Yes.
It’s about 900k overpriced. Also, looks like traffic has dropped considerably to this site. Time to start looking for other work B’Stoner?