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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. ‘I am honestly waiting for someone to say they would love to live in a brownstone but want one that is all on one level.”

    Well, technically, a one story brownstone can be done.
    Brownstone is a material, a sandstone. But somehow in NYC it denotes a style of house.

    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.

  2. I think you’re correct bkny. It’s just the prospect of spending additional money to re-do the kitchen and baths. I’ve got a big problem with a 5′ X 7′ standard master bath in an expensive house. Hell, my brownstone was only $800k and I still tripled the size of the bath and spent $40K on it to include a whirlpool, two sinks, a shower stall and lots of white Carrera marble. Anything close to this price deserves a lot better.

  3. i’m really not understanding all of the ‘work’ folks are talking about. i see a very nice, move in ready brownstone. i am not saying it is priced appropriately but it is no question in ‘move in’ condition. ok, so it doesn’t have a subzero fridge or a viking stove and the bathroom is not to your taste. however the appliances and bathroom fixtures are new. that sink and toilet are new – i know b/c i have them. not in the same context (marble walls) but they are new.

    if the price was lowered, would that make this ‘move in’ to most?

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