House of the Day: 1549 New York Avenue
This is one flip that has flopped. The unattached, shingled house at 1549 New York Avenue was purchased for $820,000 in March of 2007 and was promptly put back on the market for $1,300,000 in July. Then it sat, and sat, and sat, until it was lowered earlier this week to $975,000—certainly one of the…
This is one flip that has flopped. The unattached, shingled house at 1549 New York Avenue was purchased for $820,000 in March of 2007 and was promptly put back on the market for $1,300,000 in July. Then it sat, and sat, and sat, until it was lowered earlier this week to $975,000—certainly one of the more dramatic price cuts we’ve seen recently, but clearly a much needed one. The house is quite charming (though we’re not loving the kitchen and bathrooms) and has a two-car garage to boot. Can any readers speak to what this block is like?
1549 New York Avenue [Douglas Elliman] GMAP P*Shark
OH 6:00 You made me laugh until I cried. I had to go back to the listing to see MICHAL with no “E” and the Eyebrow of Fury! HILARIOUS! I LOVE THESE BOARDS… Oh and the house needs lots of work.. but if you lifted it up and placed it in Kensington/Ditmas Park everyone would be singing its praises and lining up with offers in hand.
Where would you be, 4:49, if whites stayed in Europe. Not Brooklyn. And certainly not in a democracy. Feel free to leave and go back.
i always wanted to buy an overpriced house in a questionable neighborhood from a broker with a collar flip. that’s so 1985/5 minutes in 06.
I pity the fools! Being overpriced as this house is is one thing, but you dudes are all losers on fear factor….Where would white people be today if your ancestors were all cowards like you clowns! Probably in some junior one bedroom cave in europe….or in the midwest shucking corn like your parents….not in brooklyn……if you need a glock, get a glock….vote mccain
Nice house TOUGH location.
Remember you have the Vandeveer(?) Projects on New York ave all the way to the middle of the block Foster to Farragut. The house is in either the 67 or 63; both tough precincts.
If you plan to go out after dark you WILL need Glock
way too expensive
The house looks big from the outside. So why do so many of the rooms look incredibly narrow? Is this house all hallways?
The $820K sale price, a year after a $400K sale price, stinks of mortgage fraud.
Heh. Speak the truth about the greed of some foolish buyer who got taken for a ride a year ago and who’s insisting on making 155K off a shoddy flip job in East Flatbush, of all places, and you’re a meanie. Color me mean, then. I’d rather be a meanie on Brownstoner than be the jerkhole who puts yet another lovely old home in another Brooklyn neighborhood out of reach of someone not pulling down a quarter million a year, or the lazy broker who laughs all the way to the bank with their 60 to 80K commission on a sale where they didn’t even bother to show a beautiful home in its most beautiful light. We went with friends to view a Victorian of this size in Ditmas Park on a beautiful block, a five minute walk to the Q on Cortelyou and within comfortable walking distance from a drug store, a food co-op, good restaurants, and within biking distance to Prospect Park, all for 900K. Sure, needed a bit of work. But the owner wasn’t scurrying around throwing up Ikea cabinetry and a Home Depot bath and expecting a 100K return on their investment. The price on this place is a joke.
And as far as staging goes, I couldn’t care less about staging. I said clear out the bogus antiques and show me what I’m paying for.
But, hey, you wanna reward some flipper with a 155K for putting in a range hood, go for it.
And thanks for proving my point with your link, 2:25. Incredible.
It’s not in Crown Heights! It’s in Flatbush.