House of the Day: 205 12th Street
We love the feel of this petite woodframe at 205 12th Street in the South Slope. Unfortunately, a property that didn’t sell a year ago at $1,450,000 is unlikely to sell today for $1,350,000. Still, these two front rooms on the parlor floor have such a great vibe that we’re almost ready to forget the…
We love the feel of this petite woodframe at 205 12th Street in the South Slope. Unfortunately, a property that didn’t sell a year ago at $1,450,000 is unlikely to sell today for $1,350,000. Still, these two front rooms on the parlor floor have such a great vibe that we’re almost ready to forget the fact that the house clocks in at less than 1,500 square feet. Or that there’s a larger place a couple of blocks away for only $1,095,000.
205 12th Street [Brooklyn Properties] GMAP P*Shark
Open House Picks 2/15/08 [Brownstoner]
Nothing like “may at any time be flooded with waters from a gonorrhea-infested canal” to add to property value!
500-600K with risk to the downside…
Wow, this worn out piece of crap will be @ 500-600K when its all said and done. “Great Vibe…”? Looks and feels like a prison. Have a nice day 😉
We saw this house when looking for ours. I could swear it was priced at just under a mil. When Corcoran had it, they were touting the extra FAR.
Yes, it’s in the Gowanus, and yes, it’s in the flood zone big time.
It needs a lot of work on the outside. Like a lot of houses, the photos of the inside look better in the photos than up close.
There’s just enuf detail so you’d hesitate to do a gut, but restoring as opposed to gutting will take a few bucks also.
Still, it’s nicely paid out and has a nice ‘feel’. But given the ridiculous price, the risk of flooding, it’s no wonder people pass.
To me that’s a 600-700k house, given the work it would need, the flood insurance, and the general risks of living that close to the Canal.
TJ19, sorry I didn’t get back to you about your graveyard. It was great (don’t tell benson, he might get ideas). Did your broker actually call your house a farmhouse, or did you get its fraternal twin — “country living in the city.”
I’ve been watching this place since it went on the market early last year to see what would happen. The price is definitely way to high. We bought our victorian frame “farmhouse” in South Slope about 2 years ago for around 200K less than this one. Granted this house has many more of its original features(and that would be noted in the price), but our place is more than twice the square feet, has a rental and is above 4th Ave so I would think that this would make the prices much closer in comparison. I’ve also walked by it on a number of occasions on my way to lowes and it does not seem to have been maintained all that well. I think that it will sit until its closer to 1 million or under.
At a certain point, New York City passed a law requiring all new construction to have brick or stone outer walls.
But I don’t think the city of Brooklyn ever had such a requirement.
It IS SO PARK SLOPE!!!!!!!!!!!!!!!!!! It says so right in the ad! Plus, the name “Park Slope” is set right next to the arrow on the map.
When I was growing up, Park Slope didn’t even exist!
Doesn’t this house have two stories plus an attic? If so, at 20X45- isn’t it really 1800 sqft plus whatever is usable in the attic?
The ‘farmhouse’ category is indeed really crazy. Most of these were probably built in the 1800s when this area was already populous and full of rowhouses. These were just one spec builders version of the workingman’s rowhouse. Why don’t brokers just call these late federal or italianate?