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]
to go back to smudge’s section, are the lower two levels the garden level and the basement/cellar? who is going to want to live like that, mole people? love the block, hate what they did to the backyard.
Of course, the buyers will have to get rid of that skanky brownstone front. Maybe some shiny new aluminum railings will do the trick.
It is on one of the deep blocks with the front gardens. That will push up the price past $1.3 or whatever they’re getting these days. I’m a little surprised that Brownstoner and Brenda think money has something to do with taste (in any direction). Wouldn’t this appeal to a demographic along the lines of the Real Housewives of New Jersey?
“It made us wonder why you’d buy an old house thus “upgraded” instead of a spanking new condo,if you wanted to feel as if you lived in a hotel.”
Right. That’s a problem.
Still think current “appraisal” of 1.3 is too low.
“with the shrubs lined up to be shot by a firing squad”
hilarious
I think it’s still overpriced and agreed much of it is generic
however I do like the layout of the kitchen –
maybe because it seems bright and sunny and you have a nice open layout into the room adjacent.
We looked at this house when we passed an Open House last spring, and “character-less” perfectly describes the interior–cold and generic off-the-shelf “luxury.” It made us wonder why you’d buy an old house thus “upgraded” instead of a spanking new condo,if you wanted to feel as if you lived in a hotel. The garden space was particularly pitiful and soulless, with the shrubs lined up to be shot by a firing squad. Lovely block, though.
From the listing:
“The Lower duplex is accessed under the stoop. Bedroom is in the front room. In center is kitchen, same as on the upper duplex including appliances, which opens into dining/living room area. Sliding doors to large landscaped stone garden. There is a full bathroom on this level. Stairs lead down into an OPEN LARGE family Room tastefully designed with stone tiled floors. ”
Am I reading this right? The lower duplex is one floor on the garden level and another floor entirely underground?
Funny rich people.