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]
I’m losing interest in all of the “revisited” properties.
C’mon DIBS, you know you wanna.
The color has a certain Palazzo Chupiness to it.
Not sure I understand the facade comment. It’s a frame house that looks like it’s been stuccoed badly. Maybe it looks different in person? I’d want to pull off the stucco and restore it to clapboard. That’s a big job, though.
TD, I have plenty of experience with low-ball offers. when you want it for ~$400-$450k, you wait for seller to come to their senses (as evidence by a price drop to $500k). If not, you’re just wasting your own time.
DS,yer funny.
Mmmm a shell half a block from the BQE, aside from the real estate boom in Fort Greene, how much should it be worth? It would require all cash or a commercial loan, and the garden will always be in the shadow of the building next door.
It would be hard to find a less appealing building, so whatever it sells for will establish a floor for the neighborhood.
I won’t rewrite that sentence again.
I’m waiting for the crack to kick in, then I’ll call the agent.