House of the Day: 552 47th Street
A concerned reader sent in these photos after a recent visit she took to 552 47th Street, a dripping-with-charm but down-on-its-luck limestone house in Bay Ridge Sunset Park. Why concerned? She’s worried that someone who doesn’t appreciate the incredible interiors will pick the place up at a discount to the $720,000 asking price and gut…
A concerned reader sent in these photos after a recent visit she took to 552 47th Street, a dripping-with-charm but down-on-its-luck limestone house in Bay Ridge Sunset Park. Why concerned? She’s worried that someone who doesn’t appreciate the incredible interiors will pick the place up at a discount to the $720,000 asking price and gut it. Given these photos, we can only hope that doesn’t happen. What an incredible place! Any preservationists out there itching for a restoration project?
552 47th Street [ReMax] GMAP P*Shark
According to property shark a mortgage was taken out in 2006 for $400. If that is close to the 2006 (RE height) transfer price, it must need some serious work.
Oooooh, Rick. Sounds stellar. Remember everybody, you do not need to replace old plumbing that is working fine now.
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Rick,
is hopes of picking this up in the 500k’s a waste of time waiting or realistically possible? To rip thru walls to replace plumbing, electrical,… while keeping original details in tact is a ton of work, $$$, & time so just speaking for myself, can’t see offering more than 500k or so
Agree with your strategy, M4L. But how do you know how long it has been on the market? Those online listings that say “15 days on market,” etc., are always wrong.
My strategy: You could go look now, find out all about it, find out how long it’s been on the market, and don’t bid if it’s new. That’s my strategy. You could also get some nice Chinese food when you’re done.
I live on this block. I looked at this house today. It’s all original. Nothing has changed in this house since it was built. It has lots of nice details. Woodwork is beautiful, floors are fancy parquet. It will need basic plumbing and electrical upgrades. This is one of the best blocks here in Sunset Park.
This is the BEST block of Sunset Park. The nicest houses. I lived three blocks away for a few years – very nice area to live in.
I grew up on 37th street,my grandparent’s lived at 552 -44th street this is SUNSET PARK.
This house is far from Bayridge and very close to Sunset Park, hence it is in the neighborhod of Sunset Park. A real name that has been around for a long time. The name is not popular with realtors because it sounds a little like an old age home, and the proximity to Green wood cemetery reminds one of the final sunset.
Nonetheless, this area is Sunset Park.
spent some time in sunset park over the last few years, had a good friend that lived there. it is a nice, family friendly neighborhood – and there are def some great restaurants. grocery stores seemed pretty so-so, though. and if my friend’s experience was anything to go by, you really gotta leave the hood for nightlife – which can be a pain in the ass when you gotta get back there late at night and pay quite a bit for a cab. also, this place is next to the R-local rather than the DMNR stop at 36th which increases your commute noticeably. that said, for a family that doesn’t do a lot of late night socializing it could be great at the right price.