House of the Day: 467 45th Street
What price Sunset Park? This three-story, two-family limestone house at 467 45th Street has lots of original detail and is priced comfortably under the million-dollar market at $899,000. Then again, the house traded for only $605,000 back in 2004 and the place two houses over sold for $640,000 in 2005. So are there any Sunset…

What price Sunset Park? This three-story, two-family limestone house at 467 45th Street has lots of original detail and is priced comfortably under the million-dollar market at $899,000. Then again, the house traded for only $605,000 back in 2004 and the place two houses over sold for $640,000 in 2005. So are there any Sunset Parkers out there who can comment on this asking price?
467 45th Street [Corcoran] GMAP P*Shark
This place should definately get that price. There is one thing to consider that nobody has mentioned as to the unique market this neighborhood has regarding the growing Chinese population. Houses all throughout Sunset are being bought, gutted and turned into SRO’s which in turn are rented to the massive number of Chinese. The floors are literally divided into boxed rooms which hold beds and tenants pay weekly, in cash. All unreported income, destroying brownstones and catering to (perhaps creating) an overpopulation issue. I heard one tenant quoting $200 a week per room and 10 rooms per floor. Figure out that number and you see why houses sell like hotcakes in this neighborhood.
Crack anyone.
“443 45th Street $1,050,000, closed 6/2/2008”
419 days on market
Fretwork gives me the willies. Especially true in this case.
Same block, slightly smaller but better condition.
443 45th Street $1,050,000, closed 6/2/2008
The highest point in Brooklyn? 4th Ave? I thought the highest point was in Greenwood Cemetery, and 4th Ave was in the flood zone.
Nice houses in Sunset Park like this one are frequently listing for $900K to over $1M, and I have heard that a few have sold for close to that. Median and average sales of 2-family houses in the neighborhood in 2007 was $700K, though. This house is well above average for the neighborhood, but the sellers would have to be real lucky to get an offer close to that asking price.
Google Maps can’t spell “Gowanis” (sic) correctly.
Its cool that you guys have been showcasing more sunset park listings, however this one is not the greatest. I went to an open house back when it was listing for just under a million and was underwhelmed. The layout felt cramped and weird, the yard was a dump; There is definitely a lot of woodwork, but it didn’t look at all “original” to me. (These houses were built in late 1890s and early 1900’s.)
I totally dispute the naysayers regarding the block. This is a full block of three story brownstones and limestones with fifty plus year old trees that is indistuingishable from any brownstone/ limestone block in Park Slope from 4th street to 8th street between 5th and 7th aves.
There is still great housing stock in Sunset for under a million (barely) and the Finnish co-ops are still a great deal: 2 bedroom pre war coops for $250,000 with maintenance under $300