House of the Day: 306 Washington Avenue
This five-story brownstone at 306 Washington Avenue in Clinton Hill is an impressive place. Owned by the same person for the last three decades, the house has beaucoup original detail—crown moldings, pier mirrors, the whole nine yards. The only downer is the fact that it’s a four family house and the three floor-through apartments are…
This five-story brownstone at 306 Washington Avenue in Clinton Hill is an impressive place. Owned by the same person for the last three decades, the house has beaucoup original detail—crown moldings, pier mirrors, the whole nine yards. The only downer is the fact that it’s a four family house and the three floor-through apartments are generating a measly $3,021 per month. Given the cost of converting to, say, a two-family, the $2,300,000 asking price might be a bit on the high side. What do you think?
306 Washington Avenue [Douglas Elliman] GMAP P*Shark
hey douchebags! the daily news and others ran reports that crime is actually down in north brooklyn neighborhoods like bed-stuy, bushwick, etc. it’s the bourgie, gentrified areas or those which are on the cusp of becoming “civilized” where the crimes are occurring, because that’s where the kids can easily tax whitey and steal their sh$t. so if ya can’t stand the heat, get the f*ck out the kitchen and stop ya b*tchin!!
This thread is cracking me up, in a very sad way.
I picture the see no evil, hear no evil, speak no evil monkey as I read many of these posts – anonymous commentators, who have probably never set foot in Clinton Hill, ignoring comparables. As 5:43 points out, a four story brownstone south of here on Greene Ave went for 2.3MM recently, among others. Why is that so hard to comprehend? Real estate values are personal and relative. If someone likes the house, they will pay whatever they can afford to buy it, and it would appear that for the last few YEARS, people have been putting some pretty high prices on Clinton Hill property.
My favorite is the person asking for a “rational” explanation of why the house is not worth more than $600,000 (5:22 pm). Um, because as mentioned above, comparable houses are selling for TWO MILLION!! (of course RS should cause a discount, but how can anonymous commentators have any sense of what that discount should be, without knowning the circumstances of the renters?)
I actually think I might break a long standing habit and stop reading this blog. My time is worth more than this.
Didn’t everyone go nuts last week on the person who mentioned the two Berkeley Place houses which sold last month for 1.1 million and 900k with rent stabilized tenants?
That location is super prime and look what those places sold for. If they don’t show you how asinine this price is, I don’t know what does…
$2.3 million for a 4-family house with rent-stabilized apartments in CLINTON HILL??? Really??? This must be a mistake, or a joke.
bad grammar cause i never learn it.
Just a little something for the What, since he’s always claiming that NO ONE is getting loans…
UPPER WEST SIDE—Extell’s Riverside South development just keeps on growing! Already home to the Avery and the Rushmore, Riverside South will soon be graced with two new towers on West 62nd Street and West 63rd Street. The announcement came in a press release regarding Extell’s securing of a $613 million construction loan for the project, the largest construction loan in the U.S. this year (what credit crunch?). There will be a 38-story condo/rental tower, and a 23-story rental building. Completion is expected in 2010. It had been previously reported that the condo one would be called The Aldyn.
this was a rather nice thread for a change.
and i didn’t find it racist at all FGG.
i wish brownstoner would have a feature, where everyone puts in a price for a house. the person closet when it sells would be declare a winner!!
that would be a cool feature to have.
can you imagine if a gang of clinton hill teens attacked someone in carroll gardens?
Mama Mia!
All that would be left would be baseball caps and a couple of unlaced sneakers.