House of the Day: 78 Adelphi Street Revisited
This shell of a house at 78 Adelphi Street has been on the market since last February, when it began its listing life at $775,000. At the end of May, the asking price was reduced to $699,000 where it’s remained since. While we can’t imagine the interior has much worth saving, the facade is quite…
This shell of a house at 78 Adelphi Street has been on the market since last February, when it began its listing life at $775,000. At the end of May, the asking price was reduced to $699,000 where it’s remained since. While we can’t imagine the interior has much worth saving, the facade is quite beautiful–and it’s 25 feet wide, to boot. Given the block (and the proximity to The Verdi), though, we suspect this is still overpriced by a couple hundred thousand dollars.
78 Adelphi Street [Corcoran] GMAP P*Shark
House of the Day: 78 Adelphi Street [Brownstoner]
“C’mon DIBS, you know you wanna.
Posted by: DitmasSnark at July 30, 2009 1:50 PM”
I’ll fill in for DIBS.
I’m waiting for a kick in the crack, then I’ll call the agent.
I think there was a house with electricity and stuff on this same longitude but on Vanderbilt going for $750K? Or less?
right next to the projects, i would say needs another 200-300k chop.
It’s really nice the the neighbors out on their balconies would look directly into your windows so they could see first hand how your renovation turned out.
There’s no amount of money that would make that any better.
around 800k is about the range in this mkt. Only reason I even consider this is there is some piece of mind in living in something where you know the pipes, electrical, ceiling,… has been updated correctly. if it’s worth more than purchase + renov, great. if not, still a solid roof to live under and not a bad (albeit not great) entry point.
What do people think this would go for if it was fully renovated? (No original details, clearly.) Comps in the area (1 block from BQE in 11205) range from $400k -$772 but I don’t see anything selling much higher than that.
“DON’T REMOVE THE FOR SALE SIGN”
LMAO!
***Bid half off peak comps***
“I’m a squatter, and I have to agree with Mr B that this facade is quite beautiful—for starters it has exterior walls on all sides, and it appears as if only some of the windows are boarded up.”
THAT was funny.
I’ve been in this place and it’s an absolute train wreck. Trash in the front yard piled 3 feet high. Trash in the rear yard piled 6 feet high. The interior is half-ass gutted, half burned out and doesn’t even have floor joists left on all floors. It’s a dump. The facade is not remotely attractive and it’s practically on top of the BQE.
There’s a new development down the street (it might even be that one next door) that is the ugliest thing I’ve ever seen. Its facade is those little shiny mosaic tiles that change color depending on what angle you look at them. Do you know what I’m talking about? Hideous.