House of the Day: 226 Cumberland Street
You’d expect a house on Cumberland Street right off Fort Greene park to be priced higher than $1,150,000, but in the case of 226 Cumberland, the photos make it readily apparent why this one’s not. (This place has actually been on the market for the past year, just not with Elliman.) The four-unit brick building…
You’d expect a house on Cumberland Street right off Fort Greene park to be priced higher than $1,150,000, but in the case of 226 Cumberland, the photos make it readily apparent why this one’s not. (This place has actually been on the market for the past year, just not with Elliman.) The four-unit brick building has an unusual center window layout; it’s also been stripped of whatever original charm it may have once had and is stuck with rental-quality finishes when it comes to the kitchen and baths. For someone who doesn’t care about old architectural details, however, could this price present an opportunity to create a new one- or two-family from scratch?
226 Cumberland Street [Douglas Elliman] GMAP P*Shark
We are looking in this area and were warned to avoid this home as it has NO C of O.
Remember seeing this house with a friend more a year and half ago at the time it was priced @ $1.35m via Corcoran.
These pictures are completely deceiving given how much work is required here. An absolute dump, totally run down, extremely narrow and in need of a complete overhaul. That bottom duplex has a dark basement with mechanical room as it’s first floor. The facade is a bad scar o that beautiful block.
To call this overpriced is an understatement. Not a penny over $900k and that’s because of it’s great location.
Btw the back yard is a good size:)
Nice building needing a bit of work. Cool staircase..would make a great 1 fam. real problem is the neighbors to the right who look like real slobs.
Priced as if each apartment would rent for $2K a month.
Forget that.
Is a one-bedroom even a one-bedroom when the LR/DR/Kitchen are all in the same room? I expect a one-bedroom to have three rooms, and a studio to have one or two.
> Butterface. This site is so educational.
Always happy to be of service.
I love how they’ve totally redefined “English Basement” for us. Apparently it just means “basement” now since if you look at the photos there’s a step down just to the garden level.
Finished basements grow mold.
Nonetheless, I’d been meaning to look into just how out of my price range this place might turn out to be. I kind of like it.
“…could this price present an opportunity to create a new one- or two-family from scratch?”
Sure. For a loss. $70,000/LF!? Width matters.
***Bid half off peak comps***
Chuck, go for it; buy a butterface. Think of your crotchfruit! In forty years when you might maybe be gone, your crotchfruit will have a paid off butterface.