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The Watchtower group first announced that it planned to sell the brownstone at 105 Willow Street in April 2007, but it wasn’t until a year later that the five-story house hit the market with an asking price of $4,950,000. There aren’t a lot of photos to go on, but from the few that are included in the listing it looks like the place is in decent shape, especially for a building that has been chopped up into ten units. (There’s definitely no central air, either, judging from all those in-window a/c units.) Speaking of the ten units, each of those “studio style efficiency apartments” would have to fetch at least $3,000 a month for someone paying the current asking price of $4,690,000 to get close to breaking even. Given the additional cost required to return the house to a one- or two-family, it seems like a tough sell at this price, no?
105 Willow Street [Halstead] GMAP P*Shark
Watchtower Divesting Six Heights Props [Brownstoner]


What's Your Take? Leave a Comment

  1. Ms. Gary Cooper…what has gotten up your a$$???? Aussie made a comment about Bed Stuy and I responded pleasantly. I made a funny remark to 11233 who lives in my neighborhood.

    You need to lighten up or get back on the meds. Either way, you’re not an asset to the discussion here today and the type of guest largely unwanted.

  2. This may be worth it to another non-profit institution such as St.Francis College or the Brooklyn Law School. Since the witnesses maintain their properties perfectly, I assume these are ten move-in dorm rooms. So perhaps they would be willing to pay a higher premium than an individual but unless they get in a bidding war with each other, which I doubt, it will not reach 4.6 million.

  3. The tax records say this house is supposed to have a 17.83×55 footprint over 5 floors. The Orange Street house is a 20×30 footprint over 4 floors. This one may only be 2 bays wide instead of 3, but it’s much deeper.