House of the Day: 475 8th Street
It’ll be interesting to see what 475 8th Street ends up selling for. The three-story brownstone is well-preserved and has plenty of nice original detail but it’s definitely doesn’t have the “wow” factor that some houses in this part of town have. Of course, at $1,700,000, it’s also priced lower than such houses. Given its…
It’ll be interesting to see what 475 8th Street ends up selling for. The three-story brownstone is well-preserved and has plenty of nice original detail but it’s definitely doesn’t have the “wow” factor that some houses in this part of town have. Of course, at $1,700,000, it’s also priced lower than such houses. Given its location between 7th and 8th Avenues, we bet this will fetch within 10 percent of the asking price—which has to be considered a win in this market!
475 8th Street [Brown Harris Stevens] GMAP P*Shark
“Dave, are you trying to tell me that the market for this house is a single or childless couple? In Park Slope? for 1.7 million?”
Almost everyone I can think of who lives in either one or two family brownstones on my particular block in the North Slope are either childless couples or a couple with one child. I think there might be a family or two with two kids. All of my immediate neighbors are childless in their 40’s and 50’s.
“Bottom line: 1.7 mil can buy you a lot more than his house in today’s market.”
Bottom line…1.7 can buy you easily a lot less than this house also. Like practically everything in Manhattan.
Dave, are you trying to tell me that the market for this house is a single or childless couple? In Park Slope? for 1.7 million?
Also, I have a small garden and I would prefer that my gardener not traipse up to my bedroom floor to watch his hands or pee, yes. That’s why I have a powder room. I frankly don’t know where my cleaning lady goes, she has the run of the house I guess you’re right there, but she is a cleaning lady and she leaves everything clean.
Bottom line: 1.7 mil can buy you a lot more than his house in today’s market. This house? 1.4, tops -and that’s only because of the location.
mckenzie:
That’s an ancient argument at this site. “Well, for X dollars, I would want…”
You would want more space. Someone else would want a certain location. Someone else would want a full-service high-rise and someone else would want outdoor space. Someone else would only live in Manhattan for that price and someone else would only live in an outer-borough neighborhood walkable to their synagogue… There is no one right answer, which is why NYC is full of varieties of housing stock, and why America is full of places where a million bucks buys you more than it does in NYC.
There may be any number of reasons that this house is overpriced. But the idea that “elites will not pay seven figures to live in this space” is disproved by the fact that they have, and do. If your logic held true, New York would have become a ghost town decades ago.
(Having said all that, I agree that the rental layout looks weird, the lack of photos makes me suspicious, and a “dining room” is not the place for a refrigerator.)
1.655 million and not a penny less. Address is PRIME.
did anyone address why on banister is red? is it paint so some left over holiday decorations?
the rental layout is odd -that you have to walk through the bedroom to get anywhere in the apt.
mckenzie – i agree, i would want more for 1.7M! geez
mcKenzie, if you’re single, two floors (1,630 sq ft in this case) is enough for most single people. Unless you have a family with a bunch of kids, I don’t get it.
What does “camp out in the livingroom” mean when that’s only about 1/4 of the whole unit.? I suspect you’ve never even had a cleaning person and a gardener whom you would have to “share a bathroom with.”
I get the feeling that some of the posters here live in a make-believe world.
11217 is just a contrarian spirit. He likes to disagree regardless of what is being said. predictable.
I maintain my position that this house is too small to subdivide and live in comfortably. Sure, you can make do with a small, cramped space, most people do I guess, 11217 does, but we are talking here about a house that is on the market for 1.7 million dollars. As such it is being marketed to a very elite sort of person. One who does not want to camp out in the living room or share a bathroom with the cleaning person or the gardener. In other words, a grown-up affluent, succesful person. Sometimes I get the feeling some of the posters here have never even met such a person.
That may be so, but I am in TOTAL agreement with you on that more4less!! 🙂
That’s why the OT doesn’t appeal to me as much. I’ve never been a circle jerk kinda guy….I’m not as interested in the lovey dovey cat stuff as I am a good debate. Not that there’s anything wrong with it!
11217, you know it would be no fun if we all agreed on everything