House of the Day: 329 President Street
Call it death by a thousand cuts. Even when 329 President Street
Call it death by a thousand cuts. Even when 329 President Street was listed in the comparatively strong market of early 2008 it was obvious that it was embarrassingly overpriced. $3,600,000 for a three-story house in Carroll Gardens, we asked incredulously. ‘Twas not to be. It didn’t take long for the seller to start scaling back expectations but, given the starting point, the initial reduction of $605,000 didn’t have any impact. In 2009, the property has had four more price cuts, the most recent of which was at the end of July and brought the asking price to $1,975,000, almost half of where it started over a year and a half ago. Now that we can see photos of the character-less renovation, we’d say this still has quite a way to go.
329 President Street [Vita/Streeteasy] GMAP P*Shark
Overpricing Not Working in Carroll Gardens [Brownstoner]
What the Heck Is Going On in Carroll Gardens? [Brownstoner]
It’s still listed for $2.2 million on the website.
i don’t think the interior is that bad. it’s set up perfectly for you to decorate to your taste – but i’m also a RhoNJ fan.
i think the house should be set up as a one family with a great storage/usable cellar. they cannot expect to pull off a windowless cellar as a duplex! or if they need rental income. just rent the ground floor as a one bedroom and live in the upper duplex.
So no-one is stunned by it then? the realtors will be surprised.
amazingly little curb appeal for a place with so much curb.
“very prime” Thats a new one that realtors haven’t used yet. You should trademark it.
pretty sure this is landmark block so they can’t ruin the exterior.
Will eventually find the right buyer who likes this kind of luxury. The mechanicals are probably all new and quality. So that is big factor. Current price could be close.
This is very prime location.
The lower level of the lower duplex does indeed appear to be a windowless mole lair:
– http://properties.shopbrooklynlistings.com/Slideshow.aspx?gallery=214501
I suspect some affluent Morlock will snatch it up in a heartbeat.
urgh, i meant question, not section.
I like the block too. The backyard dog run can be turned into a garden fairly cheaply using a jackhammer and some plants.