House of the Day: 403 East 19th Street
This 5,000-square-foot house at 403 East 19th Street in Ditmas Park could use some sprucing up but it’s got some wonderful bones to work with; located on a corner lot, it’s also got plenty of yard space and a two-car garage to work with. Unless you like house guests, though, proceed with caution: The 1909…
This 5,000-square-foot house at 403 East 19th Street in Ditmas Park could use some sprucing up but it’s got some wonderful bones to work with; located on a corner lot, it’s also got plenty of yard space and a two-car garage to work with. Unless you like house guests, though, proceed with caution: The 1909 house has 13 bedrooms! The asking price is $1,295,000. What do you make of that?
403 East 19th Street [Century 21] GMAP P*Shark
Architerrorist – For what it’s worth, the Glenwood Road house (West Midwood) is a lot closer to Newkirk Plaza and express subway service than the one on E 19th. And Glenwood has the planted medians, and it’s a dead end block, so zero through traffic. It’s a very nice location. But in this market, I’ll be surprised if they get much over $1 million.
not all negative. reminds me of the movie “the money pit”. 800k tops.
I think you will find, Gravis, that prices in Flatbush have sunk a bit, as with everywhere else, making houses there an even better investment, if you feel secure that crime in surrounding less well-heeled neighborhoods will not increase as a result of the current economic crisis (I’m not saying it will, but it is something buyers are concerned about, from what I’ve been told…).
I love this neighborhood and used to own a home here myself. That said, it’s hard to get a house that’s got it all – great location, distinctive architectural design, free from exterior renovations such as porch enclosures and siding, as well as pristing interior detail. Almost always there is some trade off.
Considering both houses are in the same price range and have different strengths, I’m wondering what buyers will chose right now… The move-in in a marginal location with great interior detail and pretty, but not noteworthy exterior, or the fixer upper with terrific exterior architectural detail, some interior detail that needs work, and a lot of interior work, probably including systems?
Renovation is exhausting and expensive. I’m betting buyers in this market will opt for the West Midwood house in this market, if they opt for either one at all.
Even if it’s not an ideal house, I think it’s hard to find something at ~$250/sq.f (or $200, if very lucky).
http://www.marykayg.com/html/0541.html
Actually, this house is on the corner of E.19th just across from the Flatbush Tompkins Church, and it is a particularly nice house. The exterior of this house is not the usual cookie cutter Victorian that you sometimes see in DP, and frequently in the surrounding neighborhoods. Beyone the shrubbery, the exterior still impresses, but this is a case where the interior makes one cry. You can tell from the stained glass that the interior decor was once a cut above.
The West Midwood House (MKG)listing is not such an architecturally interesting facade (although pretty), however the interior detail is to die for.
DP is a landmarked nabe; West Midwood is not. DP is convenient to Cortelyou and Newkirk. West Widwood is convenient to Avenue H and CIA.
I still think the West Midwood house is the better deal and the one I would make an offer on.
http://www.marykayg.com/html/0541.html
Actually, this house is on the corner of E.19th just across from the Flatbush Tompkins Church, and it is a particularly nice house. The exterior of this house is not the usual cookie cutter Victorian that you sometimes see in DP, and frequently in the surrounding neighborhoods. Beyone the shrubbery, the exterior still impresses, but this is a case where the interior makes one cry. You can tell from the stained glass that the interior decor was once a cut above.
The West Midwood House (MKG)listing is not such an architecturally interesting facade (although pretty), however the interior detail is to die for.
DP is a landmarked nabe; West Midwood is not. DP is convenient to Cortelyou and Newkirk. West Widwood is convenient to Avenue H and CIA.
I still think the West Midwood house is the better deal and the one I would make an offer on.
http://www.marykayg.com/html/0541.html
MGK has a new house that is similarly priced and looks like a far better deal… On the low side, for one of her listings.
Sign of the times. Century 21 is so out of it they appear to be raising their prices!
If you were willing to put the money into this house, and hold on for the long haul, such as in raising a family, this is a great house. It’s got some wonderful features, especially that glorious porch. The rooms are spacious on the parlor floor, and you could always change around the bedrooms, knocking down walls, adding bathrooms, etc.
It would make a nice B&B. I know there are other B&B’s in Ditmas Park, this would be great.
I agree on the lack of prep work and staging here. Trimming the trees and shrubs would make a huge difference in curb appeal, no matter what else was wrong. That takes no money, only a trimmer and time. This Century 21 broker had the opportunity, with nice big photos, to really feature this property. They certainly didn’t do too well.