House of the Day: 75 New York Avenue
This house at 75 New York Avenue in Crown Heights has been on and off the market for more than three years; this latest effort comes courtesy of Douglas Elliman. The house gets big points for its mansionly size, architectural detail and four-car garage; the broker gets a big “boo-hiss” from us for touting its…
This house at 75 New York Avenue in Crown Heights has been on and off the market for more than three years; this latest effort comes courtesy of Douglas Elliman. The house gets big points for its mansionly size, architectural detail and four-car garage; the broker gets a big “boo-hiss” from us for touting its non-Landmark tear-down potential to developers. The American Second Empire house sits on a 50-by-100-foot lot at the corner of New York Avenue and Pacific Street. Great stuff—let’s hope that someone who gives a crap steps up and buys it. The asking price is $1,425,000, a pretty penny in this part of town and seems rather unrealistic to us in this environment.
75 New York Avenue [Douglas Elliman] GMAP P*Shark
House of the Day: 73 New York Avenue (Revisited) [Brownstoner]
House of the Day: 73 New York Avenue [Brownstoner]
You make a good point regarding pressure and results. However, in this market, cookie cutter new developments are about the greatest waste of time, energy and effort and expense imaginable; unless perhaps one is a rental agent/broker.
A (good) sales manager provides inspiration and assistance when necessary, and does get a paycheck, but also has intense pressure to produce results, and doesn’t want his/her agents wasting time, energy, and effort on unsaleable listings and unreasonable sellers or buyers. I don’t think any of PDE’s Brooklyn offices would have wanted this listing, unless the seller was willing to be more flexible on the price. They know better — Manhattan doesn’t. On the other hand, hopefully (for the sellers) a Manhattan buyer won’t either.
Thanks, MM, for the link to the old photo of this building.
I thought the building in the above photo looked “off,” but I couldn’t imagine it with a cornice. The link you provided shows it not only with a conrnice, but a front porch.
The front porch, to my eye, looks like it may have originally been open, and enclosed only at a later date. No?
Babs. No doubt you are correct about “no paycheck without work” as such pertains to agents and brokers. Nevertheless, office sales directors do receive paychecks from the company. If such sales directors do not work hard to provide strategy to the agents and often miss listing opportunities in their own backyard, it will result to the detriment of the office income and the income of their own agents. During these tough times, sales managers actually have to work; assuming they actually know how to do so.
Gee, all along I’ve been thinking what a great looking building that is on the exterior. Hah! Now that you’ve posted that tax photo, MM, all I can say is that was one killer looking building back in the day! The “before” and “now” hardly compare. That said, I sure hope whoever buys it, values it as an historic home to be restored instead of a tear down to make way for development. Enough great architecture and history has already been lost.
Wow, MM, thank you for all that and the photo. Fascinating.
Maybe none of the Elliman agents in Brooklyn would take the listing, knowing the house’s history and the apparently delusional nature of the owners’ wishful-thinking pricing. Someone from Manhattan, who’d maybe been to Brooklyn once or twice, might have taken it out of ignorance.
And real estate agents and brokers are paid on a commission basis, so there’s no paycheck without work!
Elliman Manhattan beats out Elliman Brooklyn once again for the nice townhouse. How does Elliman management in Brooklyn (three offices) justify losing out to Manhattan offices over and over again? One would surmise that in Manhattan, their agents seek out listing opportunities and pursue the business (even across the river). Perhaps the Brooklyn management simply lacks strategy and simply waits for the phone to ring. Act busy but do nothing. Collecting a paycheck without really working just does not jive.
It originally had a cornice right below the mansard roof, where the lighter band of stone is.
See link to photo. My mistake, it was 1940, not 1942.
http://www.flickr.com/photos/31129802@N03/sets/72157622785205458/detail/