House of the Day: 345 Hoyt Street
Maybe we’re missing something, but we don’t see how the asking price for this three-story house at 345 Hoyt Street (at Carroll Street) in Carroll Gardens can be $2,150,000. Sure there’s a three-car garage and some unused FAR, but the interior appears to have been stripped of any original charm. As a point of reference,…
Maybe we’re missing something, but we don’t see how the asking price for this three-story house at 345 Hoyt Street (at Carroll Street) in Carroll Gardens can be $2,150,000. Sure there’s a three-car garage and some unused FAR, but the interior appears to have been stripped of any original charm. As a point of reference, the 2,880-square-foot single-family property sold for $1,275,000 in 2004. We’re not that far away from 2004 prices, are we? Maybe they’ll get $1,500,000, but this asking price seems nutso.
345 Hoyt Street [Corcoran] GMAP P*Shark
345 Hoyt Street [NY Times]
no C of O on file…
http://a810-bisweb.nyc.gov/bisweb/COsByLocationServlet?requestid=1&allbin=3007448
“Can’t details be recreated?”
Posted by: Brownstones Half Off at March 16, 2009 2:13 PM
Sure, but done right it wont be cheap. $100k maybe for moldings, trim, wondows, and what not. Then again, depending on the age of this building there might not have been a lot of original details.
What is it with these 3-car garage brownstones in Boreum Hill. Man, I need to start shopping over there.
Can’t details be recreated?
***Bid half off peak comps***
The ad says 2 car garage the floor plan shows 3.
The ad says 1 family, the floor plan shows 2.
Love Corcoran. I wonder what the official C of O is and if that ground level is commercial.
I’d buy it for 1.2. Duplex and floor though, probably in the $3k a month range of income. Say $600 total for the garage. $3600 a month. Maybe close to $4k if you do 2 floor thorugh and a commercial space (if allowable).
Not bad if you can get a good conforming loan…
but alas, wont happen…
the location and the garages are great
but worth 2.15 – no way
But, we all know it WILL sell – just wondering what your thoughts it will sell at?
1.5?
60% increase? Clearly you’d be paying for the pristine renovation done by the current owners.
Maybe the broker thinks the price is warranted as a development opportunity, but maybe she hasn’t heard that there’s not a lot of development money floating around right now.
Great location, drab interior, hideous exterior. The garage is a plus but not a multimillion dollar plus. There’s not a chance they’ll get this price.
How utterly bland. Good luck with that.
although I don’t think we are close to 2004 prices. THis is foolish pricing. Wishful thinking. But I envy having a garage.