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This house at 455 Henry Street has a very nice feel to it (or at least the renovated owner’s duplex does), but the fact that the house is less than 17 feet wide and has two rental units make the asking price of $2,250,000, in our mind, pretty aggressive. The house will be delivered vacant but converting it to a one- or two-family house won’t be free. Thoughts?
455 Henry Street [Douglas Elliman] GMAP P*Shark



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  1. it is 16 and a 1/2 feet not 17. But we go thru this each time when this size gets sold around here and does not appear to be the $ factor some think it is.
    Ad says new mechanicals and renovation and does appear true.
    Pics show they incorporated part of hallway on parlor floor in middle room and real dimension and space.
    So no big cost involved if 1 wanted single family not reality. Doesn’t cost much to get rid of that Laura Ashley influence.
    And rentals very minimum $2000 for a floorthru there (I do check craigslist) even in this market. Closer to $2400 if renovated nicely.
    Fringe CobbleHill —uh, I don’t think so. You should live in such ‘fringe’. Cobble Hill is too small and nice of area to begin with to call any of it fringe (if still in historic district).
    PS29 , beautiful block, etc.
    $1.5 m …absolutely nuts. Definitely clears $2m.(if they change that hideous front door).

  2. The only positive on this place is that it is in Cobble Hill, but only barely. It’s on the fringes of Cobble Hill. It’s less than 17 feet wide. A 10-minute walk from the major subways. And sorry, but you’re not getting $4,000 for 2 floor-throughs in faraway Cobble Hill ($2,000 is average for a nice garden rental, and prices are dropping). It will take several $100,000 to convert to a single family and update this house. Plus no bathrooms, can’t wait to see what they look like. Or the rentals for that matter. Asssume that they have built in today’s obligatory “ask for at least 20% more than what we expect to get, this way the dumb buyer feels like they’re getting a great deal when we accept their low offer.” This house should sell for less than $1.5 million. It does not add up to a great family home or a great investment.

  3. ah, good point Minard, why they didn’t change door. The whole landmarks nightmare.
    and, Mopar, are you elderly or frail? it is .38 miles 9 minute walk to subway. What % of NYers live closer than that.
    Frankly, I’d gladly trade my place 350 ft to subway to live over on Henry.

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