House of the Day: 274 Lafayette Avenue
This may be a first: Creating a name for the purpose of marketing a one-family brownstone! In this case, the four-story brownstone at 274 Lafayette Avenue has been christened “Indulge” for the express purpose of selling the house for a cool $2,325,000. The house, which was purchased in 2004 for $998,000, has undergone an extensive—and…
This may be a first: Creating a name for the purpose of marketing a one-family brownstone! In this case, the four-story brownstone at 274 Lafayette Avenue has been christened “Indulge” for the express purpose of selling the house for a cool $2,325,000. The house, which was purchased in 2004 for $998,000, has undergone an extensive—and quite attractive—renovation in the meantime. It’s also got some direct competition up the road at 298 Lafayette Avenue where another recently renovated four-story brownstone is on the market for $1,995,000.
274 Lafayette Avenue [Corcoran] GMAP P*Shark
And the rest of you better consult a tax accountant if you are going to continue to work in NYC and plan a move to NJ because you think the income taxes will be lower. Otherwise you’re in for a rude awakening come April 15.
8:28, we have Child Health Plus.
Sorry everyone…I’ve been out to dinner and just returned home.
I have to put an end to the Whats assinine comments here that are just so far from the facts. He really does not know what he’s talking about…quoting headlines and making the rest up.
This is important because Fannie Mae & freddie Mac are the guarantors of most mortgages through the implied US government guarantee to their debt…
“Fannie Mae Pays Record Spreads on Two-Year Note Sale (Update3)
2008-07-09 22:25:55.730 (New York)
By Dawn Kopecki and Bryan Keogh
July 9 (Bloomberg) — Fannie Mae paid a record yield over
benchmark rates on $3 billion of two-year notes amid concern that
the U.S. mortgage-finance company doesn’t have enough capital to
weather the biggest housing slump since the Great Depression.
The 3.25 percent benchmark notes priced to yield 3.27
percent, or 74 basis points more than comparable U.S. Treasuries,
the Washington-based company said today in an e-mailed statement.
That’s the biggest spread since Fannie Mae first sold two-year
benchmark notes in 2000 and triple what it paid in June 2006.”
3.27% WHAT>>>NO WHERE NEAR THE 9% THAT YOU PULLED OUT OF YOUR ASS
I agree with 7:56.
If you are really rich and want to show off to your Greenwich and Darren friends how you have the balls to live in Brooklyn, you are doing it becaue of vanity, not because of any financial benefit. People who work for a living in New York State pay more taxes than anybody. This State is a scandal. We pay through the nose and get nothing in return. Say what you want about NJ but at least they have universal health coverage for children. Do we have that in NY? In the golden Boro of Brooklyn? No!
We don’t have shit except hubris.
Oh BTW Dave This comment “Additionally, the OFHEO (look it up) said that the accounting rules would not change capital requirements. Fannie sold $3 B of notes yesterday at 74 basis points over treasuries yesterday.” Shows you know nothing aboout the debt markets.
Fannie Mae paid around 9% for that debt, Asshat! You mean to tell me they will turn around and loan it to you at 6,5%!!!!????
RIIIIIIIIIGGGGGGHHHHHTTTTT!!!!!!!!!!!!!!!!
The What
Someday this war is gonna end…
“nice day in the markets. just the recipe needed to think about buying a 2 mill brownstone. the 2 mill crowd are losing a lot of their spare liquidity right now. the dow has broken some key supports. look for it to trade a lot lower going into the end of the year. sell immediately your brownstone if you are thinking about it before you miss the bid of the last great real estate bubble.”
Ding Ding Ding! That is why I don’t argue with the Asshats. The Piper is coming over the ridge with a Uzi and a Aluminum Baseball Bat.
The Piper said to me “Yo What, where are those Asshats” and I said “They they go, please start with Dave and Biff!”
The What (Dave is the last asshole standing)
Someday this war is gonna end…
Your entire point about the taxes was that Bkln “property” taxes are “supposedly” a bargain compared to NJ property taxes, however once you factor in NYC city income taxes you’re still bringing home the same amount, and even after your mortgage is paid off and you retire you will still be paying property taxes plus the ridiculous NYC income tax on your SSI or retirement income. Same argument people used to try to make about Long Island being more expensive because of the higher property taxes. The reality is the amount you bring home with regard to taxes (call them property or income its still a tax) is basically the same in the whole tri-state area. So quit trying to make some smug point regarding the “bargain” living in an overpriced ghetto is compared to NJ or elsewhere. It doesn’t hold up and just makes you look silly..
then just don’t respond 5:53; your valuable input to brownstoner notwithstanding.
BTW This was the first time I ever commented about a vacation as a kid and it was within the (off topic) NJ discussion.
at least he adds to the topic sometime.
who’s the moron here 5:53?