House of the Day: 540 16th Street
This charming Arts and Crafts house at 540 16th Street in Windsor Terrace started out as a FSBO asking $1,550,000 before it moved to a small, local broker and got a new price tag of $1,499,999. Now Brooklyn Properties has the listing and is offering the one-family house for $1,350,000. It’s a charmer, to be…
This charming Arts and Crafts house at 540 16th Street in Windsor Terrace started out as a FSBO asking $1,550,000 before it moved to a small, local broker and got a new price tag of $1,499,999. Now Brooklyn Properties has the listing and is offering the one-family house for $1,350,000. It’s a charmer, to be sure (kitchen and bathrooms aside). Think the new asking price is reasonable?
540 16th Street [Brooklyn Properties] GMAP P*Shark
I have lived in WT my whole live (except for college in Boston) and I think it is crazy that people are spending these kind of prices on these houses but that being said I think it may go close to asking.
Although these houses are on the small side I think they are very charming…some more than others. As someone previously posted a number of homes on fuller and howard have sold recently for 1.3-1.5 range.
And to agree with Mrs.Limestone I like the green sofa!
Just to weigh in on the PS/WT debate…. I know that when I was growing up people didnt even know where WT was… I would have to explain that we were between PS and Kensington – but this was before South Slope, Greenwood Heights and other neighborhood names existed. I think that the reason people know where WT is now is because it has been marketed and described by NY times and others as a less expensive alternative to PS.
In the end each neighborhood has its charms….I personally grew up and now recently bought my own home in the southern part of WT. I have a detached frame 2 family with a driveway and garage… my parents 1 fam is detached with a long driveway and 2 car garage…. these things are not possible (or very very rare in PS).
It comes down to that most of WT was built for lower income farmer families in the late 1800s (at least the detached homes that I have lived in) and PS was built for a much more affulent group of families but this means you can find larger lots in WT (expecially southern WT)…some with detached garages!
I feel like when I am in my parents back yard that I am not in the city at all….that is a positive for me – but it maynot be so for everyone….I think it is worth the drive or long walk to keyfood or church ave to pick up essentials…but that is just my humble opinion.
Yes, that was largely why we moved. to a block in boerum hill where we probably have the lowest income.
tybur: i was addressing the normative comparisons between the two ‘hoods, not whether this board’s methodology for evaluating a property was reasonable. your out-of-town guests can sleep on my pull-out sofa.
Dittoburg:
No but you can get a Lobster Roll in Red Hook. Even been to Fairway?
We must adopt claudegueux! (did you really move because of that?)
I’ve never lived in WT but I think it’s utterly charming and a neighborhood I would much prefer living in to PS. Nothing against PS- before it was discovered by the trendy set I loved it. It had a cool, bohemian artsy vibe that just isn’t there any more.
There’s no need to denigrate a neighborhood you didn’t choose to live in. “Better” is relative. PS offers more of what you personally want, fine. Nothing wrong with that. You don’t need to argue the point by dissing WT or PH. WT and PH works for others.
Just looking around Brooklyn and seeing what kind of house you can get elsewhere for that money makes Windsor Terrace unsustainable. A similar house can be had in Ridgewood for $500K. It’s the same kind of neighborhood. For $1MM you could live in Ditmas, or that great house on Lincoln Road in PLG that you all hated. You could get a real limestone in Sunset Park or Bensonhurst. You could get a mansion in St George. You could move to Hudson Heights… so many better options.
I’m not knocking Windsor Terrace, I think it’s cute. But the prices are absurd.
Claude… let me react with the typical response found on this board.
$3600/mo rent?! That sounds VERY reasonable. After all, that’s what the market set as the going rate. In fact, how did you possibly find such a CHEAP apartment? I pay $7300 /mo plus $2300 maintenance for my co-op in Brooklyn Heights. This is a very good example how it’s possible to rent an affordable home. Not sure what the problem is. Could you give me your old landlord’s number so I can get this place as a second home in case I have out-of-town guests?
ya see… on this board, it’s perfectly acceptable to refer to annual rent, mortgages and maintenance fees that exceed the average person’s salary as “affordable” “reasonable” “in-line with the market” and “a steal!” ok, that last one is an exaggeration. 🙂
I lived in WT. The people were incredible friendly; neighbors would get off their stoops to help one another with heavy lifting or groceries. In the end I moved because i couldn’t look them in the face knowing I was part of the problem, paying $3600 in rent and helping to drive out local family businesses.
I’m 25 and under the impression that’s young for this board… but Park Slope has a serious negative stigma. It’s decidedly uncool and full of uncool people. It’s all very 2005.
strollerjacked!
Wow, I can’t help reacting to Lechacal’s vapidity!
“Let’s face it, Windsor Terrace is a neighborhood for people who can’t afford Park Slope but still want to be in the area. Sort of like Prospect Heights. At any given price point, if the same thing were available in the Slope proper, pretty much anyone would choose to live in the Slope” -lechacal
While Park Slope is lovely, I think it is this sort of ignorance that people choose not to live there. Not everyone is a lemming and not everyone prefers a “TONY” neighborhood. I would take budding PH over PS any day. I like being on the pulse of things and would rather not be run over by those angry rule-bound stroller mommies!!