318-1st-Street-1108.jpg
The owners of 318 1st Street, who paid $1,775,000 for their three-story brownstone in 2005, set about trying to sell their house back in February by listing it with Brown Harris Stevens for $2,250,000; in March, the price bumped up to $2,300,000. We tapped it as an Open House Pick in June when it’s unclear who was listing the house (FSBO?). Now it’s back on the market with Corcoran, asking $2,099,000. Despite some not-so-hot bathrooms and unimpressive kitchen, the house has a very nice vibe, including some lovely plaster details. At 2,670 square feet, though, it is relatively small as far as these things go. Thoughts?
318 1st Street [Corcoran] GMAP P*Shark
Open House Picks: 6/20/08 [Brownstoner]


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  1. “My biggest peeve, is when people refer to all and any type of townhouse as a brownstone regardless of what the facade is made out of.”

    I am with you here BRG. So many people call my brick federal style townhouse a brownstone that it drives me crazy.

  2. $700/sq ft?

    Very few townhouses, even ones directly facing the river in Brooklyn Heights, have sold for $700/sq ft even in pristine, high-end renovated condition. $600/sq. ft at the top of the market, but never $700/sq ft.

    FatLenny, where in the world did you get that number from?

  3. Thanks Wasder. That was another photo from the RE listing so what you see was all the last owners doing. We moved in this past January so haven’t really done anything to it yet (bigger fish to fry with the roof and re-pointing). We have two things tentatively scheduled for next spring/summer. We want to remove/replace the old fence since as you can see it’s all but falling down on it’s own and we want to regrade the area right by the house. You can see just the littlest bit of bluestone at the bottom of the photo. That will come up as will the pavers and we’ll probably do a step-up or two to a patio (again with pavers) with a french drain at the base. The pavers that are there now are all displaced b/c of the tree roots and the bluestone preceding that slopes slightly towards the house. Never had a flood in the basement but it does pool against the house when it’s a torrential downpour and you can feel the wet seeping in the brick wall of the basement (all praise to the mighty dehumidifier!).

    DIBS- That’s certainly comforting to know. I had wondered and the inspector couldn’t verify it without going into the ceiling. The cats, well the old boy cat J-Kun loves the new kitten he’s facinated by her and she cuddles right up against him. The resident queen bee Cookie is still not happy, hasn’t attacked her but she runs past the little one hissing if she thinks we aren’t looking. Oh well, so long as there’s no blood I chaulk it up to a win.

    Bkny- I’m actually in Jersey City (I know, I know- boo, hiss! Frankly, I couldn’t afford this where I’d want it in Bklyn) surprisingly about half the houses on our block still have the wall. Visually, I think it does make a big difference when you are in a “narrower” house like I am. What the previous owner stupidly did though is they added two big sweeping bottom steps onto the staircase that jut out into the room. We are going to have the stairs redone at some point and have those “big steps” removed. I want it to look more traditional.

  4. A year from now three million dollar houses will be two million dollars and two million dollar houses will be one million dollars.

    I’d say it’s worth waiting a year for prices to go down.

    Unless I’m wrong, of course.

  5. TownhouseLady-i don’t know where you lived but your house reminds me of the homes in prospect/lefferts garden. i have few friends in that area and all of their homes are about 16-17 wide and none of them have the wall in the hall – they were built that way. however all of the brownstones that i have been in in bed-stuy all have the wall unless it was removed.

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