House of the Day: 180 Adelphi Street
While $1,245,000 may on its surface sound like a low price for a brownstone in Fort Greene, it may not be such a great deal if the house is less than 14 feet wide and devoid of any historic charm, as is the case with 180 Adelphi Street; in addition, the block between Myrtle and…
While $1,245,000 may on its surface sound like a low price for a brownstone in Fort Greene, it may not be such a great deal if the house is less than 14 feet wide and devoid of any historic charm, as is the case with 180 Adelphi Street; in addition, the block between Myrtle and Willoughby is not traditionally the most sought-after location in the neighborhood. The two-family listing isn’t doing itself any favors either with the paltry and poorly-executed selection of photos (we had to hit the pavement and snap this exterior shot ourselves). Come on…
180 Adelphi Street [Awaye Realty] GMAP P*Shark
Open House Picks 4/24/09 [Brownstoner]
jeez it’s like the real estate version of gossip girl up in here! lol
*rob*
Truly amazing on the part of Awaye Realty. Would they sneak in a client, then try to pressure the seller to pay their commission, or try to scam the buyer out of something? I know of a broker in Jackson Heights who did this also. Terrible.
Minard, if the situation that you are discussing is the unethical and appalling actions of Awaye Realty, that realtor is based in Carrol Gardens, not Fort Greene. The fact that brokers in Carrol Gardens are trying to take advantage of homeowners in Fort Greene does not support your theory that Fort Greene, former home to Spike Lee, Branford Marsalis, Larry Fishburne, Vernon Reid, and Chris Rock, has always been “filled with residents who are, well, not model citizens.”
what an unfortunate situation the owner must find him or herself in. I am a little ashamed to admit that as an old Brooklynite, I have always thought of this area as being very sub-rosa, filled with residents who are, well, not model citizens. I suppose, as the French say plus ca change plus ca la meme chose. Fort Greene still has a ways to go to be respectable in my books. Sorry but this is just appalling.
I read this blog daily but this is my first posting. I live in the neighbourhood and this is a nice block, albeit a bit far from the subway.
This would sell quickly if priced right, which should be about $950k at the moment. At that price it would beat an expensive new condo or a large coop apt with high maintenance fees. Plus the rental of the duplex or triplex apartment would make owning this quite reasonable.
Surprised Owner…
My advice…. If you are really interested in selling, you need to cut the price on your house seriusly. Look forward for value, not backward. I really suggest you look at 190 Clermont listing and 202 Clermont. These are high quality housing stock with pristine renovation. 202 has sat on the market for a long time. I suspect it will sit longer. 190 clermont is an awfully nice home that needs little to no work. Asking 250k more than you, and expect price cuts on this new to market home as well. As a potential buyer with means to do so, even 190 clermont is not worth jumping on, so I will wait.
Even if others may disagree with my value assessment of the other properties in your nabe, it seems pretty clear it is far and away a better property than your home. It is your competition.
So if you want to avoid death by a thousand cuts, get in front of the market, price to draw high interest, and do what you can to convince a buyer to step in instead of keeping their powder dry. I have been actively searching for brownstones for 10 months and my take is that special homes can move, others sit, get cut, or get delisted.
Just my opinion, but sitting on a depreciating asset in a recession and asset bubble seems like a bad idea to me.
Jeff / Surprised Owner,
Wow, that is strange and worrying. I would e-mail Mr B as well to make sure he is aware of your comment.
It’s up to you how far you take it in publicizing Awaye’s shadiness, but my inclination would be to not let them get away with it.
Best of luck with the open house, and in selling your place!
An update concerning Awaye Realty: I just called Awaye Realty’s main number, and asked to speak to the realtor listed on the website as the broker for 180 Adelphi. The agent answering the phone said that she was out of the office. I explained the situation and asked that the brokerage de-list my property. The agent said that nobody who could help me was in the office. I asked the agent’s name, and she literally said, “I don’t have a name,” and then hung up. It is hard to understand how Waye has held a license for 10 years. (Of course the statement on the website that Waye is licensed could be just as false as the assertion that she is the broker for my property.)
I’m confused as to why this listing is getting more positive press than the one on Vanderbilt (twice the size and a LOT closer to the C-train) a few weeks ago.