House of the Day: 1094 Park Place
This beauty at 1094 Park Place in Crown Heights caught our eye as an Open House Pick last fall when it was on the market with Corcoran for $1,395,000. It didn’t find any takers at that price back then, and it’s now being reoffered by Massey Knakal for $1,200,000. While that’s still a lot of…
This beauty at 1094 Park Place in Crown Heights caught our eye as an Open House Pick last fall when it was on the market with Corcoran for $1,395,000. It didn’t find any takers at that price back then, and it’s now being reoffered by Massey Knakal for $1,200,000. While that’s still a lot of dough for a house in Crown Heights in this market, at least it’s in move-in condition. And while some of the new kitchen finishes aren’t exactly to our liking, you won’t be lacking for cold storage space! And the covered driveway ain’t too shabby either.
1094 Park Place [Massey Knakal] GMAP P*Shark
Open House Picks 11/2/07 [Brownstoner]
why would some folks ASSume that only wealthy trust fund or park slopers or fort greeners (who are all near the fort greene projects) would buy this property. i for one think this property is beautiful and would see it as trading up for me. i live in stuy heights (historic district), my property has gone up considerably in value (even in this market, from the time we purchased, years ago) and i would trade it instantly for this home. i love the ditmas park area but you could not get this size home that has been renovated for this price. i don’t think the neighborhood is scary and would not be afraid to live there with my children.
I really dislike these threads that descend into neighborhood bashing. Happens far too much and there’s no real reason for it. I’ve seen that house too- it’s a beaut. I don’t think the market is there for it at that price but then I think NYC real estate has been incredibly bloated the last few years…omigod, the dreaded MREB. Sorry- I didn’t mean to mention that. (How many What days do we have left now?)
That aside, many neighborhoods are are having problems- Williamsburg and Clinton Hill for instance seem to be having an uptick. But it’s not hard to understand the frustration of crown Heights residents who daily see the hard work of their neighbors and community to make things better. You don’t get to see that from the outside. You can’t appreciate how far these neighborhoods have come.
Yet let someone who lives in crown Heights defend it, there are those who dismiss them, or insult them. It used to be PLG. Crown Heights is just the lastest in a long line of neighborhoods brownstoners have fun bashing.
Well if your only concern is if your house is in a safe neighborhood then the Dyker Heights Mansion is still on the market.
http://bstoner.wpengine.com/brownstoner/archives/2008/07/dyker_heights_m.php
Beautiful House. I saw this house about ten years ago and thought that it had potential then. The present owners have done such a wonderful job with the restoration. Unfortunately, I don’t think that they will get 1.2, for it but they should.
BTW MM, the beautiful house in Ditmas Park was not foreclosed upon.
I see some are overtly defending the property and the neighborhood, and some are putting down the area and the property more than deserved.
I always seek the neutrality of online estimates for a general-ish idea. This property is Zillow’d at 813K and Propsharked up to 960K at the highest end.
Can’t see how this house sells over $1 million unless somebody with REAL money really wants to settle in the area. Seems unlikely, time will tell.
I totally relate to bxgrl et al., though: I live on Spencer Street. Read the comments about our ‘neighborhood’ (100% nameless East-of-Pratt zone, somewhere between C-Hill and Bed-Stuy) on the threads for the “Kodachrome buildings” down our block.
We walk to Dekalb Ave. restaurants in less than 10 minutes, and walk to L-train Bedford Ave. Williamsburgh in ~ 25 minutes (we’re speedy). Honestly, we love being here. Sure, there’s drugs and some crime. We’re 20-somethings and can deal.
My point is, revel in the fact that P-Slopers and F-Greeners see your area as ivestment-prop-only and wouldn’t-let-their-dog-piss-there. It’s really a good thing. The moment the mega-$$$ and trust-fund types are interested in settling down somewhere is the day we normals have to scrach the neighborhood off our list.
(That said, hate to admit we’re probably not relocating to Crown Heights)
1087 Prospect Place, directly across the street from the foreclosed property at 1090, sold late last year for $780,000. You can look it up. Undoubtedly the 1094 Park Place, which is clearly among the prime homes in a neighborhood filled with architectural treasures, will fetch something close to the asking price.
Montrose, you mean you actually live in Crown Heights 😉
DOW, I don’t argue that there is crime, or that some blocks are better or worse than others. Kingston and St Marks is not the worst place, but I will admit that that part of Kingston is not the most picturesque. 2 blocks up at Park, where this house is located is very different. There is no real retail presense there because of the apartment buildings and the church. But whatever….people will think what they want.
I do get my back up at your insinuation that my standards of safety and acceptability are somehow lower than someone from a “better” neighborhood. I’d like you to know that I, and all of my neighbors, expect the same standards of safety as anyone else. My expectations of living to see another day are the same no matter how much money I have, and I would not live anywhere that I did not feel safe.
The radiators are quite cool, and are original, Townhouselady. They are cast iron. It is odd that they are just sitting in the middle of the room like that. I would be interested in seeing them in the context of period decor. I’ll have to look very carefully in those Dover books with period photos. If I ever see a reference, I’ll post.
Let the mob mentality begin! sam can snark, goldie can be snarkier but bxgrl gets bashed. Whatta bunch.
Hey stfu- I bet she still has your balls in a paper bag waiting for you to get em or grow a new set. Looks like you haven’t done either.