House of the Day: 212 Midwood Street
The interior of this brownstone at 212 Midwood Street in Prospect Lefferts Gardens has been beautifully renovated. The big question, then, is whether that’s enough to compensate for the fact that the house has only two above-ground floors (plus an English basement). The asking price is $979,000, which would fly if there were another floor,…
The interior of this brownstone at 212 Midwood Street in Prospect Lefferts Gardens has been beautifully renovated. The big question, then, is whether that’s enough to compensate for the fact that the house has only two above-ground floors (plus an English basement). The asking price is $979,000, which would fly if there were another floor, but we’re not optimistic given its actual size. Thoughts?
212 Midwood Street [Corcoran] GMAP P*Shark
Everyone… FYI, I was being facetious. I know there is NO POSSIBLE WAY you could cover your nut by renting this place out… never mind making a profit.
Does this place have a roof deck? That would be a nice addition. You could do a little gardening up there and install a water slide down to your pool in the back yard!!
Snark, are you a “RH Queen?” I got all my faucets and accessories there. Bistro Collection, polished nickel.
Lucyb, don’t worry. This tub will be out of fashion in the blink of an eye, just like vessel sinks. Unless you plan to remodel every ten years.
“You could rent out this house for like $8,000/mo — totally the going price in the neighborhood. Then you’d be rolling in cash.”
Currently you can rent a 5 bedroom brownstone on President street and 8th ave for $6,800 and a 4 bedroom brownstone on Lincoln Place for $7,500, so I find it highly unlikely that a house in PLG that is half the size would rent for anywhere near that much. Perhaps 4K?
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1267064&ohDat=
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=1539736&ohDat=
The 4 bedrooms on the second floor could each be divided in half, the basement could be broken up too… If you installed a few more showers, this place could also be a really great Erotic Massage Parlor. The front parlor would be the reception and “selection” area and rear parlor would be where the girls would sleep.
If you could average 50 customers a day, and net, let’s say, $50 a tug… you could have most of the purchase price paid for in a year!
Though the extra plumbing work would set you back a bit.
LOL indeed–R2 zoning has no effect on ILLEGAL apartments, UNLESS you get caught.
So I guess R2 zoning limits each house to only ONE illegal basement apt. LOL.
Thanks DIBS. Remodelista had a 10 easy pieces on white freestanding tubs and this one looks a lot like the Palais Pedestal Soaking Tub from Restoration Hardware, for 4k including the shower converter, which I would want. But this is making me see my husband’s point about the difficulty in sticking to a budget during a renovation bc I am seriously lusting after a tub like this but that price won’t square too well with my 12k bathroom budget… Looks like the washstand is from Restoration Hardware too–for another 1k. Well, one can dream.
That tub looks a lot like the “Palais Pedestal Soaking Tub” from Restoration Hardware.