House of the Day: 44 1st Place Revisited
When we first took a look at 44 1st Place almost a year ago, it was on the market with Douglas Elliman for $3,842,500, a price we called “a big stretch” at the time. Elliman lost the listing in March, and it popped up again with Corcoran at $3,650,000 in April. When that didn’t work,…
When we first took a look at 44 1st Place almost a year ago, it was on the market with Douglas Elliman for $3,842,500, a price we called “a big stretch” at the time. Elliman lost the listing in March, and it popped up again with Corcoran at $3,650,000 in April. When that didn’t work, the price was cut again to $3,200,000 in July, where it’s stayed despite a worsening market. What do you think it’ll take to get this done?
44 1st Place [Corcoran] GMAP P*Shark
House of the Day: 44 1st Place [Brownstoner]
Overpricing Not Working in Carroll Gardens [Brownstoner]
No financing market for developer to purchase for conversion, so a rental with eventual upside for occupancy.
$2MM range.
The reason this has hit a nerve with me is not because I find it so unusual. Lots of beautiful old homes were converted to boarding houses and tenements and flophouses, you name it. In the process the facades were stripped, the ironwork removed, and on and on. But to be asking 3.2 million dollars for this remuddled building, with a facade that will require at least $60,000 worth of work immediately, is just ridic.
Someone spending 3m dollars isn’t going to want doable.
The layout is awful. Bathrooms should be moved to the center of the house on bedroom floors freeing up windows for habitable rooms.
Right, doable and make-do for three million dollars plus renovation costs. I pass.
Why would it take a ton of money to convert to an owner’s duplex? Scrap one kitchen and everything else is cosmetic. If you wanted only 2 beds, the parlor kitchen could be converted to a master bath for oh, say, a reasonable sum. And you have the laundry in place.
Not that I would LIKE the ground floor, but it’s doable.
2.8 – 2.9
CGmod, what part of my comment is not factual?
This house may be on a very lovely block, but in its current state, it is a homely four-unit walk-up apartment house, also known as a tenement in New York City. It could perhaps be restored into a grand house by someone with lots and lots of dough but the past and current owners have put it through the mill of suburban uglification.
Without that sofa, this place would be considered a mansion.
“It’s a four-unit tenement with a very ugly front facade.”
sarah palin is that you?…i’m assuming because it’s such a stupid comment. This house is on one the nicest, quietest blocks in carroll gardens aside from that the facade is about ALL it’s got going for it.