House of the Day: 192 President Street
Compared to what other houses in Carroll Gardens have been listed at in recent months, 192 President Street strikes us as an interesting opportunity for someone who values historic detail and has the time and energy to put into a restoration. We like the grand scale of the parlor floor, the unusual limestone facade and…
Compared to what other houses in Carroll Gardens have been listed at in recent months, 192 President Street strikes us as an interesting opportunity for someone who values historic detail and has the time and energy to put into a restoration. We like the grand scale of the parlor floor, the unusual limestone facade and the intricate plaster moldings. In the right hands, this could really be something special. Think the asking price of $1,928,000 will be met?
192 President Street [Corcoran] GMAP P*Shark
Photo by Kate Leonova for PropertyShark
If there are infact structural issues, they need to be evaluated by a professional and can be used for substantial bargaining power. No doubt this house is for the deep pockets to fund a substantial reno and alternative living arrangements – you probably wouldn’t want to live there with small children while maintaining your livelihood and family life.
That said the scale of the building is magnificent and truly unique. The block is quiet I hear despite the above. Lock your roof and windows (and cellar) on any block including small towns in CT.
The building is over priced specially in the current economic conditions. It need at the minimum 500-700 K of renovation. And since potential buyer of buildings such as need to put down 25% down at the minimum the building is very CASH RICH. I have done a few gut reno and this one is a BIG Job.
Morgan
The person posting above could not be more correct about the heroin-using neighbors.
Caveat Emptor. Trust me.
I lived in this house.
TLC is a serious understatement
it is falling apart, in a big way. There is almost no detail in the upper two floors. The roof is separating from the structural walls. and the building leans very heavily to one side.
I think it is priced right to be negotiated, but is most def a major gut reno.
And for people who live near here, there is one of the most notorious families in CG that live a few doors down. they broke into the apartment twice from the roof and stole a laptop and change. They are heroin users.
have fun in this new ‘hot’ house.
2 points: We considered buying a brownstone with close, long time friends. We just couldn’t get our act together to make it work (kids, job changes etc.), but I think it can be done. Definitely want to condo or co-op it, though.
As for this house, if it’s anywhere close to 5k feet, it’s not a bad asking price. If the seller is “motivated,” as the ad says, I’m sure you could offer around 1.75 and nab it. Obviously you’d want a thorough engineer’s report before signing anything…
9:36, are you that homeless guy that hangs out on the corner of 7th avenue and berkeley place?
How iin the world can you say this house is Hideous? you are on crack. For 2-3 million you want to be near Prospect park you will get Raped there Buy the People that Lurk in the Dark they might even have that Cornice you talk of, to stick it Up your A$$. Paid Bashers at it again always from park slope.
This block is lovely and you do not hear the BQE. There are plenty of buildings in CG that retain their “cornices and outside details”. However, most of it is not landmarked, like Cobble Hill, so yes, SOME people have made unfortunate updates. Someone may bite at this price, but if it is really a wreck inside, many may chose to go elsewhere simply because they are not in the mood for such a substantial project. Still, there are a lot of gut jobs going on right now, like the two on Carroll down near the subway, across from the park. Not sure if those will be single family, condo, or rental.
i’m not into carroll gardens.
for 2-3 million, i want to at least be near prospect park.
the architecture in cg has been RAPED of cornices and outside details. so depressing. this house is hideous.