House of the Day: 1372 Dean Street
We’re loving the looks of this brick three-story house at 1372 Dean Street in the Crown Heights North Historic District. From the outside, that is. Who could resist that rounded tower? The inside, however, is looking a little worse for the wear and makes the asking price of $1,250,000 little more than a pipe dream…
We’re loving the looks of this brick three-story house at 1372 Dean Street in the Crown Heights North Historic District. From the outside, that is. Who could resist that rounded tower? The inside, however, is looking a little worse for the wear and makes the asking price of $1,250,000 little more than a pipe dream in this market, in our opinion. What’s more, this place is chopped up into a five units, which presents its own set of potential drawbacks. (Three of the apartments are currently rented.) On the positive side, there’s a driveway with room for two cars. We just don’t see how a place like this is going to clear a million bucks in this environment.
1372 Dean Street [Century 21] GMAP P*Shark
Dave, I’m pretty sure that house already was HOTD. I saw it a few weeks ago during an open house. I wouldn’t want to live there – very noisy with a bus running by it. Looks better on the outside than the inside although I did like how the staircase was in the bayfront which expanded the sense of space.
dave- I really have to defer to Montrose on that one. But you can go to the crowheightsnorth.org website and download the LPC report which has an excellent history of the area and some of the reason wealthy New Yorkers wanted to live here. It seems to have been a number of factors including being close to a rail line that used to run along Fulton, and also the major roadway that eventually became Kings Hwy.
“Greensperm” – LOL.
Agree with Dave. Financials are screwed for at least another 6-12 months. Extremely risky play. That said, GS is coming out of this looking like the only company that hedged and marked appropriately.
C has a higher risk of cutting the dividend
C 7.77% Yield
BAC 11.3% yield
HBC 4.79% yield
WFC 5.0% yield…and just RAISED the dividend today
WFC and HBC are the safest…wait until C and BAC report
What is your time horizon on holding the stock though??? You can still lose money short term. we are not out of the woods yet on this sh!t
Oops, I hit the post too soon. I was going to add to consider a spider instead.
bayridgegirl, it would have been a great idea yesterday (as it’s up 1.91 today).
Don’t buy C, buy GS
Dave, nice catch…I thought it looked backwards.