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
I was going to buy 5K worth of Citi stock…is it a bad idea?
sorry…SKF -$45.00 -25% today …. dyslexic
SKF -$25.00 -45% today!!!!
BAC reports Monday too
Hey What, how’s your SKF holding up today? Wells Fargo upped its dividend and reported better-than-expected earnings. They’re actively soliciting new mortgage business. CitiBank reports Fri. What are you predicting?
LEH up 25%, FNM up 31%, C up 13%. DJIA soaring. Oil crashing.
Some day Obama’s gonna end this war, unleashing a helluva rally…
I make no distinction between what and fake what. It’s all fake.
Lending standards have gotten tighter? No kidding. Who needs Bloomberg feeds when we have whattard posts.
I’m drooling over tomorrow’s HOTD.
Out of my range, though. That’s def a better buy than this one.
Mr. B that listing I just posted should be the HOTD tomorrow…there’s an open house Sunday i just realized…incredible property with a 2 car garage…
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1299736&ohDat=7/20/2008%2012:00:00%20AM;
“What…I don’t need a “cut and paste” economics lesson. I’ve been doing this far longer than you’ve read about it.”
Then why would you move to a hostile environment, when the neighbor don’t care for you. Plus that area will fall in a downturn and you will have to sell at a loss.
I hate to break the news to you, lending standards got olot tighter this week! Every Bank and Underwriters know the situation is very bad. I willing to bet every house in America has lost 10% in value this week and thing are not getting better.
“Mutant: of, relating to, or produced by mutation
Mutation: a relatively permanent change in hereditary material involving either a physical change in chromosome relations or a biochemical change in the codons that make up genes
How this relates to Real Estate, I don’t know.”
Please read this rant by Barry Ritholtz
http://bigpicture.typepad.com/comments/2008/07/idiots-fiddle-w.html
Idiots Fiddle While Rome Burns
The What
Someday this war is going end..
BTW This house has been on the market since 2005. Every Broker (Including me) had this listing one time or anther.
bxgrl…why was that area so well developed and wealthy? proximity to the LIRR? I don’t know when the LIRR was first put through.
Corcoran has another listing on dean Street that’s incredible for around $1 MM. The description seems very dated though talking about Restoration Plaza so I’m wondering if it’s still on the market…
1265 Dean St.
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1299736&ohDat=7/20/2008%2012:00:00%20AM;