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
i like it. i think the narrowness and the small yard have been priced in, assuming the sellers are savvy enough to know that they’re probably going to have to give ~10% discount in this environment.
It’s narrow house, the parlor is only ten feet wide, but it is nice. The rear yardlet is a minus. And although this may be a perfectly nice street to rent on, I don’t know if it really is nice enough to buy at this price point at this time. I don’t think so. And the points made about the AY are actually valid, this is fairly close. The house is nice but not perfect and the location is nice but not perfect so 1.57 million seems steep. the price needs a haircut before the house sells.
“$1,575,000 looks quite reasonable to us. Do you agree?”
Absolutely not. Its comps will get “L”‘d to $1M if not “worse”. $575K vaporized. Poof!
***Bid half off peak comps***
Great location, I love this block.
The tiny yard, however, is a dealbreaker.
StuyIvy…does it warrant that discount because AY will remain a hole in the ground for some time or because some day it may actually get built???? 🙂
I really like this neighborhood NOW, but this house is approx. 2-3 blocks from the AY site, so I believe this warrants a bit of a discount.
REALLY like this house
love this block a lot – good people, safe, pretty
my husband rented here for years recently before we moved to south slope
I agree with previous posters – the price is fair for this nabe and house
I’m with bk14 – no yard (or teeny one)/narrow house = way overpriced.
Do any of you even look at the dimensions for this house before declaring it a “good deal”? The lot is 16.67×45!! NO YARD, narrow house. This house is so overpriced.
The 11th Street Warren Lewis listing puts this “deal” to shame.