House of the Day: 356 1st Street
We’re a little surprised that this brownstone at 356 1st Street hasn’t been bought yet. The Park Slope house hit the market just before Christmas with an asking price of $1,600,000 and was reduced by another $100,000 ten days ago. It’s not a huge house—about 2,400 square feet—but it’s in a good location with nice…
We’re a little surprised that this brownstone at 356 1st Street hasn’t been bought yet. The Park Slope house hit the market just before Christmas with an asking price of $1,600,000 and was reduced by another $100,000 ten days ago. It’s not a huge house—about 2,400 square feet—but it’s in a good location with nice original details. Is the price really too high?
356 1st Street [Brooklyn Properties] GMAP P*Shark
does anyone have good info on how much brownstones have been going for recently? Am suprised, too, about this being listed so low.
somehow pitbull I think your boarding house might become more of an animal house.
Mopar, bxgrl came over too. Got some great insight from them. Will be dropping by the place every chance I get the next few weekends so I can be more tactical in coming up with the nitty gritty renov spec’s for the GC. If you’ll be around the area 1 of these wkends, let me know. Don’t mind getting a 3rd opinion on it. BTW, they voted down the washer/dryer cause a good big cleaner is around the corner.
More4less, how’s the rental coming along? Delightful Montrose came to consult.
i would love to run my own roomming house actually!
*r*
In this market, I’d offer 950K. If the current owners don’t like it, they should hang onto it and wait about 5 years if they want to get 1.5 mil
“during the depression, people rented out individual rooms in their houses to strangers. Everyone shared the same bathroom and front door. Boarding houses were the norm then. That could be an option for that 400,000 a year earner who wants to stretch and buy a little two and a half story house. Without a more substantial income, what can they expect?”
Classic. Fabulous. Love it.
I went to the open house and there is just no easy way to make this into a 2 family — you would have to sink a lot of $ in it to do so. And if you want it as a 1 family, it’s a crappy layout. The second floor has no bathroom, and the other bathrooms looked like they hadn’t been touched since the 50s. I was also suspicious that it has been sitting around for so long. I heard that they had an accepted offer that fell apart. It could have been mortgage related but I wonder if there aren’t some structural issues, too.
I went to the open house and there is just no easy way to make this into a 2 family — you would have to sink a lot of $ in it to do so. And if you want it as a 1 family, it’s a crappy layout. The second floor has no bathroom, and the other bathrooms looked like they hadn’t been touched since the 50s. I was also suspicious that it has been sitting around for so long. I heard that they had an accepted offer that fell apart. It could have been mortgage related but I wonder if there aren’t some structural issues, too.