House of the Day: 100 Lefferts Place Revisited
When the listing for 100 Lefferts Place in Clinton Hill first hit the BHS website last March, it didn’t have any interior photos. Since we happen to know that this broker is a straight-shooter, we were willing to take her word that it had “extensive period detail,” but sometimes there’s no substitute for actually seeing…
When the listing for 100 Lefferts Place in Clinton Hill first hit the BHS website last March, it didn’t have any interior photos. Since we happen to know that this broker is a straight-shooter, we were willing to take her word that it had “extensive period detail,” but sometimes there’s no substitute for actually seeing it. In the meantime, the owners of the 6,100-square-foot have held firm with their asking price of $1,800,000, which some commenters thought was pie-in-the-sky last go-round. Do these interiors change the equation?
100 Lefferts Place [Brown Harris Stevens] GMAP P*Shark
HOTD: 100 Lefferts Place [Brownstoner]
A house this size on park block of Park Slope would be well beyond the $3m price ($500 a sq ft for prime territory ?-I doubt it – would be much higher.)
And the transportation from park blocks is no better and maybe not as good as Lefferts Pl.
I have no idea whether this is well-priced, but that entryway, wow! I think I am in love.
New Guy, I think you just answered your own question.
This house on a beautiful park block of Park Slope would probably go for 3 million. And for that price, it would need to be in better condition than this.
Do you really think that this particular location is valued at only 1.2 million less than an area next to a huge park, many services and transportation?
I agree the house is lovely, but this price seems aggressive to say the least.
I’m loving the exterior and that’s a lot of SF, but dealing with the DOB/SRO issues certainly narrows the pool of potential buyers.
I hear what you’re saying sam, but I have to agree with Petebklyn. At what price would this house be a steal if it is not already? Surely the absolute rock bottom is somewhere in the 1.5-1.8 range. It is just too impressive to go for less. I believe it is already discounted in price to take into account the neighborhood. If you transported it over to Park Slope what would it go for? 3MM+ ???
There was an immaculate two family brownstone (kitchen and master bath was bananas!) on Cambridge near Greene that went for about 1.8 a year or two ago.
This is a special property but intrinsic value per location has bounds.
“Whoever buys this beautiful house will do very well in the medium to long term.”
Financially? It depends on what price they pay for it.
Emotionally? IF they make the right financial decision.
And would a deep-pocketed buyer REALLY want to live there (nice location but not THAT nice) or bother to rent out those gorgeous details that they paid for if at ask (would rental comps absorb the cost)?
I’m sorry but I would not purchase this house at this location for 1.8mil. There are much better blocks in Clinton Hill that warrant a price like 1.8 mil…not this one. For that type of money I should not have to go in spend a dime on anything! Sam is right.
Folks who have that type of money to spend giving the climate of the economy are spending it on this block! They’re spending it deeper in CH, Park Slope, and Prospect Heights etc.
New Guy is right. But I think not at this price.