House of the Day: 1860 Bedford Avenue
When we were house hunting back in 2004, the beautiful but neglected brick house at 1860 Bedford Avenue in Lefferts Manor was on the market for about $550,000 if we recall correctly. (This makes us think the $185,000 sales price from 2004 listed in Property Shark is not correct.) Now it’s back on the market…
When we were house hunting back in 2004, the beautiful but neglected brick house at 1860 Bedford Avenue in Lefferts Manor was on the market for about $550,000 if we recall correctly. (This makes us think the $185,000 sales price from 2004 listed in Property Shark is not correct.) Now it’s back on the market for $900,000. According to a tip we received, the current owner bought it with the intention of moving his medical practice, only to be stymied by zoning restrictions. He’s completed the interior demolition and put in new joists and sub-floors but that’s about it: Tabula rasa for the right owner. As great as this house could be, this price seems like a big stretch given how much money will have to be put into it. Agree?
1860 Bedford Avenue [Fabrikant] GMAP P*Shark
What’s Up with 1860 Bedford Avenue [Brownstoner]
is it true that you couldn’t get a mortgage on it? that’s gotta cut down your pool of potential buyers
…but you will anyway because gossip is what makes real estate interesting. Do tell Bob.
2:03,
Nothing fishy here that I can see. Just indecision by the present owner and on the part of the last person to actually live in this house, years ago–a really sad story which I’d rather not relate here.
I rode by it on Saturday, and it’s a wreck. Maybe for 550k, but you’d have to put another 500K into it to make it anything
Nothing fishy about this house. Just a neglected beauty.
While this house has been a neighborhood eyesore for a long time,it’s potentially really beautiful.
This house has been on and off the market a couple of times in recent years and, I’m told, the owner has turned down some rather high offers. I ran into the current broker outside the house a few days ago and it seems that the owner is really ready to sell now. The new broker BTW has lived in LM and knows the neighborhood.
I think that this house might appeal to a buyer who likes our neighborhood, but prefers a house like this to a traditional brownstone and also would rather have a modern interior–no details preserved here to interfere with making a personal design statement:-).
You might be able to buy a very nice brownstone here for the price of this house plus the cost of renovation, but NOT a house like this. There are only a handful of colonial revival houses like this one in PLG (or the rest of brownstone Brooklyn). 1:42 must be referring to oa similar one a couple of houses from this that was a hit on our HT a few years ago (and was featured in the NYT real estate section just before that tour).
The realtor’s website features some delightful aletrnatives in Haiti.
I was also house shopping in 2004 and made a bid on this house. The parking garages and the light on all sides were a real plus, but the fact that it is on noisy Bedford Avenue was not. I’ve always wondered why it was never fixed up after it sold back then.
Wow. I remember this house from 4 years ago! I was told the same story about how it was promised to a local doctor, blah blah, blah. something is fishy about this whole thing… BUYER BEWARE