442-State-Street-Brooklyn-0309.jpg
Run down but not lacking in charm and potential, 442 State Street was on the market last fall with Halstead for $1,200,000 before getting yanked in early February. It has now resurfaced with Brooklyn Heights Real Estate with a significantly lower price tag of $999,000. The place is pretty beat up and isn’t on the ritziest street in Boerum Hill, but we could see it coming to life in the right hands. You gotta figure it’ll take several hundred grand to get things back in order. What’s the magic price that gets this place to sell?
442 State Street [Brooklyn Heights RE] GMAP P*Shark


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  1. Cottontop, that’s all good and well but they need to price it that way. They’d originally listed for 1.2 then pulled it and relisted for 1?

    The owners seem like they’re not being realistic.

  2. mama mia! forget the foil insulation….don’t you think they should have cropped out the collapsing ceiling (second from top, right side..) or was the water damage on the wall not enough information?

  3. Those agents are funny huh? I guess the “elbow prop” photo is mandatory at BHRE!

    Also, don’t you love that someone can stand on the balcony and look into your windows? That’s a GREAT selling point huh?

  4. “And technically it’s not Boreum Hill” – is not in historic district true…but is in area that generally is called Boerum Hill. But downtown Brooklyn is fine too.
    Sounds like good price.

  5. hmmm – my favorite part of this listing is:
    “..Buy a wreck”
    Gee- what a lure!

    Offer $695K – spend $300K if you have it and U can make it reallly nice

    Also – do they have tinfoil over the baseboards in that photo?

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