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
2:47–
You clearly have never set foot in the neighborhood. If I’m wrong, please fill us in on all the area hip hop bars–the Pratt kids would love to know.
As for amenities, you’re a few blocks away from Choice Market, one of the best takeout (and hangout) places in all of Brownstone Brooklyn. Dekalb restaurants are also only a few blocks away, and don’t forget HipMom on Grand Ave.
Income taxes for NJ residents who work in NYC are about the same as NYC residents.
Hey Dave, how much are your city income taxes (aka property taxes under another name)? Added to your property taxes probably the same as NJ. True they will go down after you retire, but you will still pay them on your retirement income so your argument is worthless in comparison.
Well stated 2:42…and the post regarding the price of oil is also very relevant. Monthly carrying costs will go through the roof once owners have to heat these brownstones this winter…with a (on the smaller side, mind you)$7,500 mortgage the numbers do not work nicely. Tighten your belts people, we’re goin’ on a fast ride and it’s trajectory sure as hell ain’t goin’ up!!!
2:42, your logic seems to make sense. .but
why have other parts of the country already experienced sharp price declines but not NYC.
shouldn’t your arguments apply equally to Tampa or vegas?
couldn’t it be that the New York market is just different for many reasons? just asking
owned by Malik Hassan Sayeed, Spike Lee’s cinematographer
Your great with the headlines What. The Lehman analyst who wrote the report about Fannie and Freddie said that the scenario under which that amount of money would be needed concluded that “we cannot imagine such an outcome occurring.”
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.
GET YOUR FACTS STRAIGHT.
And where in my post was I “name calling?” If I did you’d lose that war because I know a lot more words than you do…and I usually (though not always) spell them correctly.
“any thoughts on what makes this one worth the extra 300 grand?”
Marathon (front row seats).
This is not a $2M neighborhood. According to what I’ve read, you can buy a brownstone in prime park slope for this much. And there’s a park there and that’s the only neighborhood from which it can be safely approached.