House of the Day: 150 Bond Street Revisited
The last nine months have been rough ones for 150 Bond Street. The Boerum Hill single-family house hit the market last April with a price tag of $2,495,000. Since then, it’s undergone six price cuts, including one last week that brought the asking price to $1,795,000. The combination of the declining market and the fact…
The last nine months have been rough ones for 150 Bond Street. The Boerum Hill single-family house hit the market last April with a price tag of $2,495,000. Since then, it’s undergone six price cuts, including one last week that brought the asking price to $1,795,000. The combination of the declining market and the fact that the house is currently gutted must have been too much for buyers. The location and the three-car garage, however, have to start looking good at some point here. What price do you think gets this deal done?
150 Bond Street [CBHK] GMAP P*Shark
Open House Picks: Price Cut Edition [Brownstoner]
Houses of the Day: A Couple of Price Cuts [Brownstoner]
House of the Day: 150 Bond Street [Brownstoner]
150 Bond Price History [StreetEasy]
Seller bought the house for $1.725 million, closing in September 2007. The attempt to flip in less than seven months for $2.5 million was really silly, and, at this stage, I have a hard time believing that the property is worth more today (given what the economic uncertainty that the country and city are facing) as compared with what it was worth in the summer of 2007. Boerum Hill is great, but it isn’t really any greater now than it was 18 months ago.
mopar and I are getting all hot and bothered over the three garages!!!!!
hhhmmm, a gutted house.
‘This 3 story single family home has been completely gutted and is ready for your design…..It will be delivered with an all new steel beam structure, new 3/4″ plywood subfloors throughout, all interior brickwork reappointed, a completely new roof, new skylight and blico roof hatch and approved architectural plans. The fun part is up to you.’
Yes, the fun part of doing new plumbing stacks, new electrical, new heating throughout, new partitions, new flooring, new kitchen, new everything….ooooh, what fun!!
The fun part is that you get to spend 1.7m to buy it, spend another 500k-1m to ‘Build your dream house in Boerum Hill’ while waiting 1+ year while the fun construction work is going on.
Sign me up for this ‘Fun’ House.
taxes are almost always higher for corner properties
Yeah, Bessie. What’s with that?? That looks weird.
Although I love a corenr house, this one has far too few side windows.
I see from the listing that the broker never even went in and corrected anything.
Just what was the brickwork “reappointed” to???
taxes are weirdly high too. Maybe the garage is the reason?
Good friends of mine used to rent the ground floor apt in this house and I spent a lot of time here. Don’t know what they have done to the interior but obviously this is a nice location and the price does seem to be nudging into the realm of doable. I would like to know what has happened to the interior here. Sounds like it is totally raw in which case price has to come down some more for sure.