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]
I own this house, and I have never heard of Awaye Realty. Awaye Realty is fraudulently holding itself out as representing us without any authorization whatsoever. I have no idea why my house is listed on its website. It appears that this realtor copied information and photos from an (admittedly amateurish) website that I made–www.180Adelphi.com–in order to create the listing.
As for the various comments above, I agree with all the positive ones and disagree with all the negative ones 🙂 If you want to actually see our house and form your own opinion, come by this Sunday. We are having an open house 2-4PM.
I also should add that there never was an accepted offer on the property and it was never taken off the market. The brokers who told the commenters above that this happened were lying. I have to admit that between Awaye Realty and these other brokers who lied about my property, this experience has not heightened my view of brokers, although I am sure there are good ones out there.
–Jeff
917-836-0676
amt230 – i don’t spend a lot of time on that block so wouldn’t know about the mercedes. i wasn’t being sarcastic, though. i’m pretty sure i saw a post here a while back speaking positively about the modern renovation.
all i’m saying is that the block doesn’t seem that much different from lots of ft. greene blocks (or clinton hill or boerum hill or – gasp – park slope for that matter) where you have decent, well-looked after homes right up against their more downtrodden and disrespected cousins. i’m guessing nowhere in brooklyn is truly immune from this, and if a buyer is trying to control what his or her neighbors do in/to/in front of their homes, there are probably some homeowner’s associations in florida that buyer should look into instead of brooklyn.
This brownstone actually looks nice inside based on the New York Times photos, especially the yard. If the house looks as nice as the photos, I would say that it is priced in the right range-an entire brownstone for the price of a 3-bedroom condo. I also used to live 2 blocks from this block, and it is a nice area–very close to the park.
The New York Times advertisement does not mention Awaye Realty. It still is listed FSBO. Weird.
http://realestate.nytimes.com/sales/detail/253-NS90414875/180-Adelphi-Street-Brooklyn-NY-11205
well phed – the house next door is the one that used to have a black garbage bag window for the last two years, although you are right, if that picture is current it has apparently been fixed – but that doesn’t say much for the care the neighbors take of their place. and as for the modern building, i’m thinking that may have been sarcasm, but if not, you may as well move in next to a mechanic’s garage – that guy has no less than two vintage mercedes spewed across the driveway/sidewalk/ in pieces at any given time.
MOPAR…
Ohhhh nice, the first flame directed to me. I feel christened!
At these prices, Fort Green will never hold the same value in a long-term recessionary market comparative to say, park slope.
The point is, Fort Green is fine in many regards. And sure, long term, a desirable place given proximity to NYC. Some great housing stock in certain areas.
But it is a recent entrant in the gentrification.
As a buyer, you got to get PAID to take the risk of a nabe that will feel some pain in the RE market. Buyers are being asked to overpay (still) in almost every NY area due to lagging decline rate to national trend.
Sooooo….
If you’re going to buy, and have to overpay still, expect a decline. That said, other nabes will “hold their value” long term (maybe I should have said medium term), much better. B/C there are more services and a higher houshold income there, better schools.
You dig?
That smart enough for you?
I’m standing my ground. I’m well aware of pre-bubble prices – I bought my now former brownstone in 1996. I’m also well aware that I’m not going to get another house at 1996 prices; I believe the market has further to fall, but I’m not so unrealistic as to believe it’s going to fall that far. You’re not going to pay the $1.24 million asking price; you may even be able to get this house for under $1 million in which case you avoid the so-called mansion tax. I’ve been looking at apartments at this asking price, many with no outdoor space and high maintenance, and my point is that, at those prices, I’d prefer this house with the nice garden.
Fort Greene “will not hold its long-term value”? Wow, you are dumb.
Money, never underestimate how many rich idiots still out there looking to over pay
Miss Muffet, see yesterday’s HOTD for a surprise. I agreed with your post.