House of the Day: 52 Fort Greene Place
Someone didn’t get the memo that pie-in-the-sky asking prices have no place in today’s market. At least we know where to send it: 52 Fort Greene Place. If this four-story house were on a better block or was more compelling in terms of its historical authenticity, then the asking price of $2,250,000 would make more…
Someone didn’t get the memo that pie-in-the-sky asking prices have no place in today’s market. At least we know where to send it: 52 Fort Greene Place. If this four-story house were on a better block or was more compelling in terms of its historical authenticity, then the asking price of $2,250,000 would make more sense. But this is one of the less attractive blocks in the area (nice try cropping that facade photo!) and this house, while not devoid of original details, doesn’t pack a strong enough punch to justify this price in this market. Sorry, ain’t gonna happen.
52 Fort Greene Place [Corcoran] GMAP P*Shark
If only the rent roll would come close to covering the mortgage. Ay, there’s the rub!
Nothing like the dreaded square with full X logo on the building next to you to add to your properties value.
Don’t know the block offhand, but it’s damn close to Atlantic. Must be real easy to rent those apartments.
Brownstoner — Your obsession with “original detail” is amusing. Personally, Im a big fan of brownstone living, but not for its historic value. In any event, I think you are wrong about the pricing here. While the price is high, its not that high, and certainly not “sky high.” This place is 65 feet deep, which makes it huge in comparison to most houses in the area, and at 4600 sf, its under 500 a foot. While the block is not the best, its not that bad either, as it is extremely close to the subway, the gym, the liquor store, restuarants on Fulton street, etc, and it will only imrpove. I agree there will be a price reduction, but I bet it sells for close to $2 mil.
This is so funny I use to live on So. Eliot pl on the next block and I was paying $600 a month for rent back in 1999. My landlord payed $7,000 for his brownstone back in 1971 and sold it for 2 million in 2006 after her put in 30 years worth of renovations.
another overpriced listing by Corcoran. This will languish on the market for months and then undergo several price cuts.
Hey Brownstoner, you claimed traffic was up at this site. I don’t see any proof. I know maybe you was using the Text Spammer posts to your click-count. That fraud Brownstoner and this Blog may get revoked over that. And now this topic you hating on someone else house! You have more nerve that a toothache. Bye Fonzi : ^ P–>
The What ( Jump—-^—–Ed)
Someday this war is gonna end…
The place on the right is a fire trap with that Fire Dept warning on it but those places on the left are the most tasteful fedders buildings i’ve ever seen
Maybe one could buy the building next door and demo it?
Still though, $450 per square foot of developable area is not going to happen. Is there talk of pushing the C6-4 zoning district 2 blocks east? It would seem that in time?
This will be a prime candidate for a spot rezoning in the next 10 years, guaranteed.
With that abandoned building next door, redevelopment seems like the ideal course of action no matter what though.