House of the Day: 40 Joralemon Street
After being listed with Corcoran for a few months last year at $2,790,000, 40 Joralemon relaunched with Brown Harris Stevens last week at the significantly lower asking price of $2,300,000. The location’s obviously great but the house is just nice as opposed to some of the knock-your-socks-off listings that come up in Brooklyn Heights. And…
After being listed with Corcoran for a few months last year at $2,790,000, 40 Joralemon relaunched with Brown Harris Stevens last week at the significantly lower asking price of $2,300,000. The location’s obviously great but the house is just nice as opposed to some of the knock-your-socks-off listings that come up in Brooklyn Heights. And since the house is only 2,380 square feet, that asking price comes in at just under $1,000 per foot. Based on the photos, our favorite part of the house is that bedroom with the beautiful wide-plank floors and Greek Revival period mantelpiece.
40 Joralemon Street [Brown Harris Stevens] GMAP P*Shark
Correction: I went by this house this afternoon. While you can say it’s a “block” from the BQE, it’s a pretty short block. You can hear the highway noise more than I expected. I’m used to it being recessed as it is by my house, not an overpass as it is by Jeralemon. Plus, I’m a longer block away. This would be a problem for me, even a deal breaker. Too bad, because the the block is lovely otherwise. You know, if you’re a weirdo who likes quaint cobblestone streets . . .
From 31 Joralemon, you can hear the BQE 24/7. And yes, 31 is in need of a complete gut.
36 Joralemon, to the right of the posted home, is currently for sale for 3.8m. How’s that for overpriced?
The only time you can really hear the BQE from any of the adjacent streets is in the middle of the night. That is when there is little traffic and the trucks can zoom at 70 miles an hour and make quite a bit of noise. If you are sensitive to noise, you should not live here or near any busy artery. Or, live in a newly redone loft building like One BBP or One Main Street with airtight windows and central air. There are pros and cons to city life.
Boerumresident:
I don’t know how much 31 Joralemon went into contract for, but it was very very close to the BQE, and you could hear cars zooming by loudly. To me, it completely ruined the habitability of the home. (I’m sensitive to noise). It also needed a complete gut renovation, I was told by the realtor. Nevertheless, I bet it went into contract for close to the 1.5 asking price. Great location if you’re not sensitive to noise.
40 Joralemon, although only a few houses away (and on the other side of the street), is not too terribly close to the BQE. I think that, under normal conditions, you can’t hear, from 40 Joralemon, the traffic on the BQE. But I’m not sure. Does that part of the BQE get backed up with horns-a-honking?
Fantastic location but the house itself is mediocre in quality and tiny….dollhouse?? Not sure but $2.3million is still massively over priced even for Brooklyn Heights…~around $1.8 may do it but who knows.
Wasder aged wide plank floors can be bought and installed @ a fairly reasonable.
The house was derelict and uninhabitable in 2004.
this house sold for about 800k in 2004.
Posted by: FixtheCanal at September 9, 2009 2:34 PM
Pretty much says it all, now don’t it?
Guess people still believe they’re entitled to a nifty 300% profit in 5 years during the worst real estate collapse since the Great Depression.
Pity the sucker who gives them anywhere near close to that. 1.6 Mil max makes the investment a one-bagger, they should be thrilled to pieces.
It looks like the listing adds an extra foot all around. That’s disappointing. I don’t think it looks like a dollhouse, but it’s definitely on the narrower side.
According to the tax map, the lot frontage is 16′ 9″.
Also, the depth is 66’+ on the downhill side and 68′ on the uphill side.