House of the Day: 55 Cambridge Place
Fire sale! This four-story brick at 55 Cambridge Place in Clinton Hill just got its second major price cut, one that should put it on the radar screen of many buyers. The three-family house was listed in early December at $1,500,000 before getting cut two weeks later to $1,300,000. Then just last week the price…
Fire sale! This four-story brick at 55 Cambridge Place in Clinton Hill just got its second major price cut, one that should put it on the radar screen of many buyers. The three-family house was listed in early December at $1,500,000 before getting cut two weeks later to $1,300,000. Then just last week the price was whacked down to $1,095,000. At a mortgage rate of 5 percent and rental income of $1,500 per rental apartment, you could be living in the owner’s duplex for under $1,500 a month including taxes and insurance if you can come up with $300,000 down.
55 Cambridge Place [Warburg] GMAP P*Shark
mopar….I like the idea of the wrought iron porch…if they are done right they look nice but that awning is awful!!!
rob…you better tell that to the What. I don’t know what this new Unicorn thang is though????!!!!!!
Oh great, this is one of those places with an “owner’s duplex” that has no bedrooms. Pass.
is that a landmarked approved greenpoint-awning I see?
actually people, there are brown, black, AND Beige, and white skittles. they are called chocolate skittles and comes in flavors like mocha, vanilla, etc. i know my candy.
*r*
I’m glad some of these hedge fund fraudsters are finally wising up and fleeing the country most likely with awaiting Swiss bank accounts. it would be too bad if all of them were sooooo stupid to confess and get locked up and never have socked away a lot of this money offshore. That’s really stupid. 🙂
“People like cornerbodega and others will be stymied as to how anyone could possibly come up with $300k downpayment though.”
No DIBS, more likely that the team Bear is winning.
What recent experience was that, Cottontop?
Team Bear just relax. This thing is getting better by the minute!
Allen Stanford’s Location Isn’t Known to Regulators (Update1)
http://www.bloomberg.com/apps/news?pid=20601087&sid=aku_W6ZJr9NU&refer=home
Feb. 18 (Bloomberg) — U.S. regulators don’t know the whereabouts of R. Allen Stanford, the billionaire accused of running a “massive, ongoing fraud†through his Houston-based Stanford Group Co., a Securities and Exchange Commission official said.
“We don’t know where he is, quite frankly,†said Rose Romero, director of the SEC’s office in Fort Worth, Texas.
And..
Stanford depositors swarm banks
http://www.reuters.com/article/topNews/idUSN1843214420090218
ST. JOHN’S, Antigua (Reuters) – Hundreds of people lined up to withdraw money from banks in Antigua and Caracas affiliated with Texas billionaire Allen Stanford, a day after the tycoon was charged with an $8 billion fraud.
The whereabouts of the brash, 58-year-old financier were unknown. CNBC television said he tried to hire a private jet to fly from Houston, the site of his U.S. headquarters, to Antigua, but the jet lessor refused to accept his credit card.
All the fraud from the collapse of the Mutant Asset Bubble is coming to light! And I think is cute how the Assheads form a Circle-Jerk. So just chill Team Bear it’s just gets better…
The What (Obama is going to buy my a Unicorn with TARP money, just you wait and see)
Someday this war is gonna end..