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If you’re not someone who puts much weight on a house’s historic details, this house at 18 St. Marks Place in Boerum Hill (?) might present an interesting opportunity to get a piece of the rock. The three-family brownstone is listed for just $1,259,000 and has two income-generating units in addition to the owner’s duplex. Do you think this looks like a reasonable buy?
18 St. Marks Place [Betancourt] GMAP P*Shark


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  1. horrible area. i used to live on pacific and recall hearing gunfire, to read the next day of a guy pulling a gun on police, have been harrassed by packs of kids from the projects while walking, have seen kids walking down the street kicking trashcans over and breaking bottles, throwing bottles at cars, and get to hear radios blasting at odd hours. all within my short year of living near there. serious buyer-beware flag here.

  2. I came across this one this week as well. It seems like a decent investment. However, I didn’t understand the description of “seven rooms” for rental. That confused me. The lack of pictures also makes me think some parts of the house are dingy and need work.

  3. Yes, reasonable assuming they are market-rate rentals.

    But this is a dicey area. People will argue, I’m sure, but these projects are not great (and yes, I’ve lived near projects that were perfectly safe/fine — not all projects are alike).

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