House of the Day: 30 Orange Street
After 10 weeks on the market, the four-story brick house at 30 Orange Street in Brooklyn Heights just had its price reduced from $3,100,000 to $2,900,000. At first glance, this appears cheap for the neighborhood, until you realize that the house is only 30 feet deep. As a result, the square-foot count is only 2,400,…
After 10 weeks on the market, the four-story brick house at 30 Orange Street in Brooklyn Heights just had its price reduced from $3,100,000 to $2,900,000. At first glance, this appears cheap for the neighborhood, until you realize that the house is only 30 feet deep. As a result, the square-foot count is only 2,400, putting the price-per-square-foot at about $1,200. We just posted a decent comp yesterday: The 2,344-square-foot brick house at 38 Cranberry recently closed for $2,700,000.
30 Orange Street [Brown Harris Stevens] GMAP P*Shark
The What really spewed on this thread…I’m not sure he is correct saying that the wealthy prefer coops and that every American can get a decrepit 100 year old house.
HHH…he is really exasperating.
a four bedroom 2 and a half bath coop is worth way more than a little house with no yard, asshole.
what is the median age on this blog?
12?
rich people really like coops. they are secure and they provide services.
they are very nice, cushy places to live.
every working person in America can own a little decrepit, hundred-year-old house.
But try getting in to a top-notch co-op in Brooklyn Heights
There are very few 4-bedroom coops or condos in Brooklyn Heights and they are priced similarly to this house, or more.
I think the real estate market has tanked and no one is admitting it.
we are in a weird, Edith Wharton novel where everyone knows but no one wants to be the first to say it.
the shit has hit the fan.
there is no money any more except in europe and in china.
the dollar is being kept alive by inertia.
good night sweet prince.
And please Mr. de le What and any of his impersonators, please don’t rip us to shreds b/c we think 1.5 is an okay price for prime FG.
Thank you!
🙂
…Maybe no one can get a mortgage right now? I wonder…
Is this true?…
Did too many people buy in at the height of the market so no buyers are left…? BUT, this would imply many people walked away with big profits and fists full of cash from all the sales the last couple of years.
Did most people who sold simply plough the profit back into a more expensive home? One would think there are those who didn’t know what they wanted to do and may be currently renting…
And, let’s face it, there’s still A LOT of money out there circulating. The only reason some people even bother with a mortgage is for tax reasons. They can buy straight out. FG, thanks to Brownstoner and Co’s efforts is getting cooler. Tons of people (non-FG people) I work with have been asking me about the Brooklyn Flea. NYC really doesn’t have a decent flea market this big since the height of the Chelsea flea market.
Between the Flea, the greene market, the restaurants, BAM, etc., etc. FG is very appealing to a certain style of American and certainly lots of Europeans so the relative real estate values may not get hit so badly…they’ll get hit…but relatively not so badly.
What say the What?…I shudder to think…
The house is shallow on a small lot…but it’s less to clean…and more cozy inside…lower cost, one hopes, to heat.
Yes, it is small though. How much are 4 bedroom condos going for in BH and Manhattan areas with a quick commute to “WS”?
It has a cute parlor floor and has curb appeal…and there are no kitchen or bedroom photos so what gives?
Oh, well. I’d swap it for our larger 4-story house in FG. We have a 1.2 person household with more to clean and more space to junk up and it would frankly be a relief to be in a smaller house. Too bad our house couldn’t be swapped with this one price-wise.
BTW, anyone “sitting on the sidelines” want to buy our house for not too much…say 1.5m in prime FG, double duplex…needs finishing up of a reno. Anyone have a good idea what comps are for our kind of house right now? I’d love to move to the country full-time and keep a reasonably small Brooklyn 1-2 bedroom or even a Manhattan studio to come to when needed.
Yep Brownstoner, I taking great pleasure of watching you go down!
The What (Fuck You)
Someday this war is gonna end…
If anybody knows anything about going down it’d be you The What
Now its really only you adding all the shit and vitriol to the thread.
Truly, truly pathetic.
And in NJ to boot!!!
Now that was one vitriolic, supersonic, hyperbolic post What. I especially like the new FU sign off, should help to balance your otherwise rosy disposition. What the hell have you been? Stuck in that Jersey traffic?
If this house in Brooklyn Heights cannot command 2.7 million, kiss it good-bye in Fort Greene and Clinton Hill-Bed Stuy.