House of the Day: 41 Howard Place
While this house at 41 Howard Place in Windsor Terrace is far from a steal on a per square foot basis, we suspect its charm and (relatively) unimposing price tag of $1,350,000 will lure a buyer fairly quickly. (That, and the bragging rights of your block having been featured in a Jack Nicholson movie.) Another…
While this house at 41 Howard Place in Windsor Terrace is far from a steal on a per square foot basis, we suspect its charm and (relatively) unimposing price tag of $1,350,000 will lure a buyer fairly quickly. (That, and the bragging rights of your block having been featured in a Jack Nicholson movie.) Another reason for optimism: the almost identical 19 Howard Place sold for $1,370,000 last September.
41 Howard Place [Brooklyn Properties] GMAP P*Shark
I think it’s a fabulous location right down the block from the subway, 1.5 blocks to the park, around the corner from PPW shops and Pavilion movie theater. But it is a tiny house for that much money.
Nobody is commenting on the fact that last September and today are different markets. This is $20K less than last September (the same house sold for that price) but sentiment among buyers is different – a lot of potential buyers are pickier, and/or afraid to commit in this uncertain market. With my own property, the same broker priced it lower in the past few months last summer, to reflect market changes. I think if they priced this below 1.3 they’d have much better luck. As a buyer myself (we are trading up), I would not pay this much for this property, even though I have the money to – I’d rather wait for the price to drop or else for a better house to come along since one is small and not in the greatest location.
1.3 million is a relatively unimposing price? That’s a sh-tload of money! Crazy money! How can anyone who didn’t buy six years ago (like me) afford to live in the city. It is just too much. Too much.
Let me sit down…
I have a friend on that block, been in the house a million times. Houses are sweet, but tiny. Rooms upstairs, i.e. the bedrooms, are teeny tiny.
I always find it interesting to compare the prices and popularity of these attached row houses vs. free standing detached houses in Victorian Flatbush/Ditmas Park. Take a house from Ditmas Park, cut off the top floor, cut the width by a third, take away windows on 2 sides, throw away the driveway and garage, shrink the front and backyards and presto… more attractive. There are probably 20 listings of victorian homes around the corner of the park that are priced at or below this home. Now Prospect Park West offers more than Cortelyou Road anyday… but by the same token… the Q certainly trumps the F. Go figure.
Won’t get more than 1.1 trust me.
I own few in the area.
I disagree that this house needs new kitchen + baths etc. They look just fine. This looks like a good basic house. I don’t know the market in Windsor Terrace, so can’t comment on the price.
These houses, however cute, are very very small, especially the bedrooms. I am surprised that they go for this price given the size and location, no matter how charming the block is. I know it is close to the park and subway, but it is still a tiny house in windsor terrace which needs new kitchens, baths and extensive work in the garden.
I’m waiting for the yard photo when we see a BVM in a bathtub!!!!