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This three-story brownstone at 176 Bainbridge Street in Bed Stuy just hit the market with an asking price of $695,000. While the ultimate selling price may end up barely having a “6” at the front of it, the current ask is probably too high given the size (2,700 square feet) and the condition—while the whitewashed walls and sanded floors sit fine with us, the Home Depot light fixtures and tacky door knobs make us fear the worst about the unphotographed bathrooms and kitchens. What do you think? If this were $100,000 cheaper would it be a buy?
176 Bainbridge Street [Douglas Elliman] GMAP P*Shark



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  1. maplewood – your forgetting about the cost of communting and the hassle of it – which you cannot put a price on. for the record me and several of my friends do NOT have tenants and enjoy our entire house and all of our homes are renovated. you also cannot put a price on raising children in a city with as much culture as brooklyn & nyc…you can have NJ. no thank you….just admit it you can’t afford to live in brooklyn. that’s the bottom line…

  2. Suburbs: Maplewood, Montclair, South Orange, Summit, Tarrytown, Irvington, Dobbs Ferry, etc
    RE Taxes: Could be $10K-$12K but no city income taxes

    In order to afford the inflated badly renovated brownstone in the BS where you must be a landlord and live in the rest 2br one needs $200K income which translates to $8K city income tax. To that you need to add RE taxes…

  3. “This is definitely not a neighborhood for kids.”

    maplewood guy – that is such a wackass comment. sure NJ is where i want to raise my kids since it’s so cultured and the taxes are so low….

    don’t comment about what you don’t know about

  4. Why, you want to buy it??? I don’t think you can afford it. More importantly, you couldn’t appreciate the architectural detail and high end amenities.

    YOU DIDN”T ANSWER THE QUESTION ABOUT WHAT IS WRONG WITH THE PJ’S

  5. thanks for the comments about the neighborhood. i feel we are pretty open… i am not particularly tolerant of drug deals going on in front my kids, so I guess I do draw the line somewhere. 🙂 we will have to go check it out and spend some more time there.

    we aren’t necessarily interested in this property (if we were, we’d convert to a single family), but I am interested in good areas of BS, good proximity to shops, parks, the A train, and of course, I want details. We’d renovate kitchens/baths, move things a bit, but not a total gut job.

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