House of the Day: 329 Adelphi Street Reduced
The beautiful but crumbling wood frame house at 329 Adelphi Street has a new broker and a new price tag. The shingled corner house started out asking $950,000 last May. According to a few people we know who’ve now been inside, though, it needs so much work that that price was unrealistic. The new asking…
The beautiful but crumbling wood frame house at 329 Adelphi Street has a new broker and a new price tag. The shingled corner house started out asking $950,000 last May. According to a few people we know who’ve now been inside, though, it needs so much work that that price was unrealistic. The new asking price of $795,000 is still more than the pricing widget called for last go-round, which normally wouldn’t be an issue given the widget’s track record of underpricing by 15 percent or so. In this case, though, we suspect the masses may have some wisdom: An architect we know said you’re looking at a million bucks of work here.
329 Adelphi Street [Ahrlty.com] GMAP P*Shark
House of the Day: 329 Adelphi Street [Brownstoner]
A million dollars of work!>?!? What the fuck is that?! For a million bucks you could build 10 of these houses (OK, three)
That architect friend of yours should be taken out back and spanked. I wonder why housing prices are so high in NYC?!
no termite damage that I saw, but add facade, porch, exterior, windows, doors, HVAC, garden, bathrooms and kitchen, stairs, and a corner location for extra landmark scrutiny. If someone gave it me, I would still take anyway, because it is so cute, and then my husband would kill me.
no termite damage that I saw, but add facade, porch, exterior, windows, doors, HVAC, garden, bathrooms and kitchen, stairs, and a corner location for extra landmark scrutiny. If someone gave it me, I would still take anyway, because it is so cute, and then my husband would kill me.
You people are insane. For a million bucks you could tear this down and build a new house twice as big. How could you spend a miilion dollars on this? The house is 1600 sq ft max and a lot of that is stairs. If you spent a million dollars you would be spending $650 a sq ft. Ridiculous. Off the charts.
Unless one prefers frame over brick house, I personally find it hard to spend that much renov $$$ on a frame. This sounds as or more $$$ and time than renovating a brick shell
If structural damage, rot, and mold take up $300k of your number, there is no way to “make it work.”
Anyone have a list of what’s wrong with the house-
Electric
Plumbing
sagging joists
rot
termites
roof
All of it? More of it?
Moneyfornothing:
I just asked for it at the library, saw it years ago. I figured I needed to watch it again to remain sane as I am looking around for a place…
Saw 329 Adelphi. I think if you gifted it to me, I might pass… You have to redo floors, plumbing, stairs, 2.5 bathrooms at least, 1 kitchen, heating, roof, brick walls, plasters, shingles, lighting, outside decking, some garden work, doors, and all the windows. Most of the wood panneling is also damaged. You also need to redo the support beams between basement and first floor. I am no contractor, but to do it to a good standard I believe 500K-1 million is in the range. The finished product would be lovely for sure.
All under the friendly and watchful eye of the Landmarks Commission, of course!
Moneyfornothing:
I just asked for it at the library, saw it years ago. I figured I needed to watch it again to remain sane as I am looking around for a place…
Saw 329 Adelphi. I think if you gifted it to me, I might pass… You have to redo floors, plumbing, stairs, 2.5 bathrooms at least, 1 kitchen, heating, roof, brick walls, plasters, shingles, lighting, outside decking, some garden work, doors, and all the windows. Most of the wood panneling is also damaged. You also need to redo the support beams between basement and first floor. I am no contractor, but to do it to a good standard I believe 500K-1 million is in the range. The finished product would be lovely for sure.
All under the friendly and watchful eye of the Landmarks Commission, oif course!