House of the Day: 10 Schermerhorn Street
This two-family house at 10 Schermerhorn Street is a pretty serious pad: lots of original detail, a three-story, 20-foot deep extension and the option of a private parking space. The owners of the 5,000-square-foot house, however, don’t appear particularly motivated, judging from the fact that the asking price of $4,250,000 hasn’t budged since the house…

This two-family house at 10 Schermerhorn Street is a pretty serious pad: lots of original detail, a three-story, 20-foot deep extension and the option of a private parking space. The owners of the 5,000-square-foot house, however, don’t appear particularly motivated, judging from the fact that the asking price of $4,250,000 hasn’t budged since the house was originally listed last November. What do you think it should sell for?
10 Schermerhorn Street [Corcoran] GMAP P*Shark
Surely the recession – sorry – recessed lighting knocks off at least half a million clams, yes?
TownhouseLady – you’re right. I looked again at the pictures and indeed it’s the decor that’s giving off that fusty vibe. Plus the photos are not great IMO. I actually do appreciate old detail (though prefer the details with a lighter touch – no fan of heavy woodwork am I, more a crown moldings gal). I do wonder who the buyer of this is though.
…Park Slope and Brooklyn Heights peak prices, that is.
***Bid half off peak comps***
Brooklyn Heights prices approaching those of Park Slope. Upper West Side prices approaching those of Brooklyn Heights. Another day in the life of the housing market crash.
***Bid half off peak comps***
Sam-
THANK YOU!
the claim is a 3 story extension -which is correct. The house itself is 4 story.
Brownstoner appraisers are saying $640 sq ft for beautiful house in very luxe area. About same as cookie cutter condos in lesser areas.
Don’t quit your day jobs folks.
There are always people who will look at an Old Master painting and say: “too dark” or “kinda boring”.
Those folks are entitled to their opinions, tasteless as they may be. The real problem is sometimes these people have money and buy old houses and ruin them forever.
“this place is stale looking original detail isn’t everything”
You don’t get fireplaces, floors and stairways much better than this.
This isn’t http://www.lofts.com
MM, I think it’s the furnishing that are making it look “musty-fusty”. Imagine all of them gone, no carpets or heavy draperies. Now it’s beautiful.