House of the Day: 481 4th Street
Flip-o-rama! The seller of 481 4th Street in Park Slope paid $1,865,000 for the four-story house back in September. He wasted no time doing a top-to-bottom renovation and now would like to get paid a million bucks for his troubles. (Asking price is $2,950,000.) While a lot of care was clearly put into preserving the…

Flip-o-rama! The seller of 481 4th Street in Park Slope paid $1,865,000 for the four-story house back in September. He wasted no time doing a top-to-bottom renovation and now would like to get paid a million bucks for his troubles. (Asking price is $2,950,000.) While a lot of care was clearly put into preserving the wonderful woodwork, we wish that the walls had retained some signs of their age. For some reason, perfectly straight sheetrock is bit too charmless for us; we prefer to see some imperfections and archaeological record of the house’s history: some imperfect plaster, a molding with a few coats of paint on it, that kind of thing. Then again, there are plenty of people who don’t want to deal with that and want everything to be as good as new. Maybe they will be willing to pay $2,950,000 for this place. What do you think?
481 4th Street [Betancourt] GMAP P*Shark
BHO: It’s choice only because it is smack dab in the middle of center slope. But I am very familiar with this block (used to live on 4th st bw 6th and 7th) and nfw would I live on that block. When John Jay gets out in the afternoon it is pandemonium for a while (which is fine if you’re not being asked to pay this kind of money to live in the middle of it). Also parking is extra difficult because of proximity to both John Jay at Methodist hospital. It’s a non-choice block in a choice area.
geekspice beat me to it!
many of you are too easily influenced by a home’s staging. it’s the lack of furniture and decoration in these photos that is prompting comments like “boring” and “no character.” i’d wager that if this place were staged well with nice furnishings and a little color, you wouldn’t be having the same reaction.
that said, i agree the listing desperately needs a floorplan and some kitchen pics.
It really just doesn’t seem like there’s enough info in the listing to decide whether it’s worth looking at this price. Everyone who has asked for more photos and the floorplan is right. I also think the absence of furniture in the photos contributes to the cold lifeless look. For $3MM, I think the owner and broker should shell out a little bit to stage the place prperly – make it look like a home.
“a million bucks for his troubles”
He doesn’t read the papers?
Choice location, choice condition though. Still, there’s nowhere to hide from the collapse.
***Bid half off peak comps***
I’m left cold on this one, too. It’s wearing the costume of a Victorian home, but it’s only a costume. I understand tearing down a wall to open a space up, but all of them? They took a lot of the character out, as well as the hallways. I’m really not liking this, more and more.
I would like to see the kitchen and deck/garden, as well as a floorplan, just for the heck of it. The amount of clams demand it.
This is a $2 million house. If it was in such bad shape before, then the buyer way overpaid.
Besides, none of you can tell whether ther’s a plaster coat over the sheetrock anyway. All the woodwork is beautiful and the crown moldings look nice. Not saying anything about the price though.
Sorry, I meant to say upper triplex and garden rental duplex.