House of the Day: 505 1st Street
What’s going on over on 1st Street? There are a TON of houses for sale on this stretch of Park Slope. On October 27, we wrote up 567 1st Street; on November 14, we tapped 356 1st Street as an Open House Pick; the just last week, we featured 566 1st Street as a House…
What’s going on over on 1st Street? There are a TON of houses for sale on this stretch of Park Slope. On October 27, we wrote up 567 1st Street; on November 14, we tapped 356 1st Street as an Open House Pick; the just last week, we featured 566 1st Street as a House of the Day. Now Stribling has dropped another one on us: 505 1st Street. The four-story brownstone has lots of old-school detail, a renovated kitchen and extension to boot. Looks very nice. The price of $3,250,000, however, feels a little leftover from the boom times. Think they can get it?
505 1st Street [Stribling] GMAP P*Shark
I’m a little afraid to weigh in here, but here goes. Much as I’d like modest 3 story brownstones not on park blocks to go for over $3M, this seems wildly overpriced to me. I like 1st St. (actually 1 St. on the sign) plenty, but between 7th and 8th, I think 3rd St. is the better block, what with the double wide sidewalks, and there have been a few listings on 3rd recently priced well under this one (http://bstoner.wpengine.com/brownstoner/archives/2008/09/house_of_the_da_556.php).
Honestly, $3M seems outlandish to me. But if anyone is buying at that price, I’ll definitely consider selling.
Plus, with lending the way it is right now, is anyone going to lend on houses that are near the high end even of a reasonable range? And how will it appraise?
cwbuecheler when you explore Bedford Stuyvesant stay south the better townhouses are closer to Fulton Street between Bedford Ave and Stuyvesant Ave. North Monroe the homes are not as grand. Willoughby/Vernon is kinda nice in the North section of the area.
This looks very much like my aunt’s and other neighbor’s houses on Jefferson Ave, in Bed Stuy, as Amzi mentions. Great, classic brownstone. This looks beautiful. I love the unique/horrible slag light fixture. I’d keep it wherever it is because it’s so unique. Kitchen doesn’t wow me, but I could certainly live with it, it wouldn’t be a deal breaker if I was in the market for a house in this price range.
I’m sure a price correction will be in order. I enjoy looking at these places, even though I could never afford them, it’s house porn. Like going to Newport and looking at the mansions, fun to imagine living there, staff and all, but pure fantasy. This is a great house. Parking is icing on the cake. Someone will be very happy.
pierre de taille I would look at Gates near Franklin. Gates has a handsome row of houses on the south side of the street also check out Clinton/Washington Ave. I don’t know much about Ft Green having Queen Anne style brick townhouses. Fort Greene and the downtown area are older neighborhoods and is where the children of later residents PS and BS grew up. Check this article out from Aug 1893 talks about all the different types of Brownstone styles in the new neighborhoods like Park Slope, The Hill (Clinton Hill today)and The Bedford Section or Hancock Heights (Bedford Stuyvesant today) http://eagle.brooklynpubliclibrary.org/Repository/ml.asp?Ref=QkVHLzE4OTMvMDgvMDYjQXIwMTMwMA==&Mode=Gif&Locale=english-skin-custom
actually I don’t LOVE that kitchen – hate the double height counter.
I agree this kitchen is v. ugly and will quickly look dated. Love the kitchen in the condo of the day. You just can’t beat subway tile, IMHO.
Biff — awwwwww yeah!
I could certainly live with this kitchen. It’s probably nicer toned color of wood in real life. I love the kitchen in the Condo of the Day…and they are both miles apart aesthetically.
“Nothing says class like a wood-paneled dishwasher!”
I wonder if they got it off this old station wagon.
http://www.flickr.com/photos/brainfag/442931556/