House of the Day: 100 St. Mark's Avenue
This brownstone at 100 St. Mark’s Avenue looks like one of the more fairly-priced deals we’ve seen recently. The four-story house is divided into an upper owner’s triplex and ground-floor rental (which currently fetches $1,500). Other than the choice of kitchen cabinets, we’re really liking the original charm of this place. As referenced above, the…
This brownstone at 100 St. Mark’s Avenue looks like one of the more fairly-priced deals we’ve seen recently. The four-story house is divided into an upper owner’s triplex and ground-floor rental (which currently fetches $1,500). Other than the choice of kitchen cabinets, we’re really liking the original charm of this place. As referenced above, the price tag of $1,575,000 looks quite reasonable to us. Do you agree?
100 St. Mark’s Avenue [Warren Lewis] GMAP P*Shark
All those floors are original and, I’m sure that’s enough backyard for many people.
I don’t care for the new floors in the parlor and garden floors either. Otherwise, a pretty house.
I am curious: when the “average reader appraisals” have been going long enough that we can see some data about actual sales numbers versus our bonehead estimates, how accurate are we?
Those numbers almost always look low to me relative to comps. I’m not energetic enough to really check out that impression, because I’m sitting tight at the moment, anyway, but I’ll be interested to see.
Very familiar with this location. It’s close to Flatbush, hence traffic noise is inevitable. I’d also worry that in the back of the house the noise and smells from the restaurants on Flatbush would be an issue. Overall, it would need some $$ spent to upgrade it. Those are the issues, not AY.
I think y’all would be surprised how little some brownstone owners care about the size of this backyard. Over the past two years, I have not seen the families around my house out in their backyards even once. Once in a while someone will come out to cut the grass or do a little gardening. But it’s been shocking to me how people with fantastic outdoor space just ignore it. I frequently find myself scheming to annex their yards without their knowledge.
That said, this is still a narrow little house, you stil have a tenant, and you’re still just a couple blocks from whatever circle of hell the AY project ends up in.
The 45′ lot depth is a total deal breaker. The 16.67′ width does not help. Ridiculously overpriced.
The lack of backyard really bothers me. The house has a lovely face and nice details, but no backyard?
I think if it were on the Park Slope side with good public schools, it would well priced.
Prop shark has it as only two stories. I wonder what the true sq footage. It ain’t getting $637, though I do love the location. Good starter home for a family. If the super jumbo loan market weren’t so crappy, you could make this affordable.
I think everyone expects a discount right now, and you have to convince them its been “priced to move.” Look at the number of reductions that have been taken on existing listings. There is a “I can buy cheap now” mentality out there. But, I still think this house is well priced. The person who gets it for $1,380,000 has, in my opinion, done pretty well.