House of the Day: 111 Clifton Place
As much as the seller would like to claim this house at 111 Clifton Place is in Clinton Hill, it ain’t; but it is only a few feet from the borderline. That’s the least of her problems though: The major one is the asking price of $1,385,000. The seller bought this place back in 2005…
As much as the seller would like to claim this house at 111 Clifton Place is in Clinton Hill, it ain’t; but it is only a few feet from the borderline. That’s the least of her problems though: The major one is the asking price of $1,385,000. The seller bought this place back in 2005 for $599,000. Now we all know that prices certainly aren’t any higher now than they were in 2005, so even if you give her $400,000 in credit for the renovation (which we suspect would be overstating the issue), that only gets you to $999,000. More evidence that she’s barking up the wrong tree: This was unsuccessfully listed for about the same price back in the boom times of late 2007. So how could it possibly sell for that now?
111 Clifton Place [Corcoran] GMAP P*Shark
C’mon, guys. It’s one block from the G train! With recent service upgrades, it’s an easy commute to your job at the 99 cent store in Kensington.
1967 Bedford Stuyvesant was everything from Washington to Howard… That said this is a very nice house that should be in the 500K range
blowfish…do you work at Corcoran? or did you just buy from them?
Only the Clinton Hill side of Classon has “one day a week” alternate side parking. The trash pick up schedule/the police precinct are two other dividers. Also, the Pratt Campus stops at Classon. The Nuns on the Bed-Stuy side of Classon say they are in Bed-Stuy.
This place has an 18×32 floorplate with an english basement. Not a garden floor. not even 1200 sf above grade. Its an absolutely insane price that nobody will ever go for.
$1.3 mil is ridiculous, but why would it be less than $900,000. Are fully renovated townhouses going for under a million in Clinton Hill now? Does two steps from the border equate to a $200,000 price cut?
Inventory not moving, delistings and relistings, price cuts and lack of access to credit = pile of dog doo-doo. Take a sniff.
i am sorry to harp on such a tired subject, but MR. B- who is the authority on where Clinton Hill ends? Who says Classon, and why? It just seems to me that common sense would tell us the Bedford-Stuyvesant is BETWEEN BEDFORD AND STUYVESANT, no?
rob, you hit the nail on the head.
People with money are bonkers.
Especially young people with money.
There are fewer of them around this year though.
LOL JOSH, wow youre description sure sounds like an almost 1.5 million dollar property
no closets :-/
no storage :-/
one bathroom :-/
no light :-/
barbed wire backyard fence :-/
cramped :-/
low ceilings :-/
jumping crackerjacks people with money are bonkers
*rob*