House of the Day: 93 2nd Street
We’re surprised the listing for 93 2nd Street didn’t include something along the lines of “Own your own house for the price of a condo!” The 1,620-square-foot mini-house is a charmer for sure and for a couple or small family this really could be a nice alternative to a condo. The house, which traded for…
We’re surprised the listing for 93 2nd Street didn’t include something along the lines of “Own your own house for the price of a condo!” The 1,620-square-foot mini-house is a charmer for sure and for a couple or small family this really could be a nice alternative to a condo. The house, which traded for $975,000 three years ago, is now asking $1,125,000. We could see it getting pretty close to that. What do you think?
93 2nd Street [Douglas Elliman] GMAP P*Shark
Ed: We’re taking a new price voting feature for a test run on this post. The idea is to get the group to predict what the house will sell for. In a few months, we’ll be able to start to look back and see how close we came as a group! It will also provide some pretty immediate feedback to sellers on whether they’re in the right ballpark.
Also 11217 you are ignoring 2 important points – First 1/3 of this house is BELOW-GRADE that is no small factor
and while this house may have no monthly maintenance it, it certainly has maintenance (and higher taxes)
$850k – street is quiet and lovely – these streets btw hoyt and bond (where I live) are just heaven for children because they are empty with no cars and they can play outside without you really having to watch them. However, house is tiny (although there is probably lots of FAR and wouldn’t cost too much to add a floor) But 1.125 is crazy.
Lovely little house. Widget seems cute, but I’m not prognosticating on real estate these days.
But I will say the Satori is not comparable. Ugly location with questionable new construction.
Folks on here seem to have no problem spending $1 million on a 2-bedroom apartment… why all of a sudden is it a problem when it’s in the shape of a house?!
I know this house well. It is on the small side but soo much better that a condo. It was origianlly build as a workman’s cottage ( there’s about 8 of them on the block) around the late 1890’s, early 1900’s. It’s too bad that there is not a picture of the landscaped garden, it’s lovely. The interior is drenched in sunlight. This is a great block . Friendly neighbors and plenty of kids. The best block parties and New Year’s Eve parties. My guess is that will sell slightly below asking, maybe 1.1
11217 is right…this is a much better value than the a condo.
800-875 tops.
The 2 bedroom/2 bath you speak of at The Satori has 174 sf of outdoor space. That’s not comparable to me in terms of a full backyard, but I see your point. I’d argue that the Satori looks like crap and this is an adorable old house, but I’m sure not everyone would agree with that.
Isn’t the Satori right around the corner? They have 2 br/2ba with outdoor space for about $800,000. The maintenance isn’t that much on a condo without a doorman and a gym, probably $400-500, and it covers some utilities and long-term maintenance. I think it’s comparable enough.