House of the Day: 481 4th Street Revisited
481 4th Street hit the market back in June with an asking price of $2,950,000. When it got the House of the Day treatment at the time, the pricing widget was not kind, producing an average price of $2,146,765. Giving it the 15 percent benefit of the doubt, this would have suggested that a buyer…
481 4th Street hit the market back in June with an asking price of $2,950,000. When it got the House of the Day treatment at the time, the pricing widget was not kind, producing an average price of $2,146,765. Giving it the 15 percent benefit of the doubt, this would have suggested that a buyer in the $2,400,000 would not be out of the question. The original asking price has been cut a couple of times, most recently to $2,650,000, so there’s only about 10 percent separating it from the realistic widget range.
481 4th Street [Betancourt] GMAP P*Shark
House of the Day: 481 4th Street [Brownstoner]
Gross square feet: 2748
Sale price (year 2008): $1,865,000.00
Read more: http://www.city-data.com/ny-properties/rolling-sales/Brooklyn/4/4th-Street-4.html#ixzz0Xvf0XsAZ
“The original asking price has been cut a couple of times, most recently to $2,650,000, so there’s only about 10 percent separating it from the realistic widget range.”
you gotta love how these guys are trying to sell this house for a realtor
brownstoner has become a total marketting tool for brokers – its a shame
“Houses with central lateral stairs did not have hallways but they usually had doors that would seal the parlor off from the stairs. That way one could heat the room and not have all the heat go up the staircase. WHen people blow out the doors and partitions and then complain that their heat escapes up to the top floor, they should realize that these houses were designed in a very green manner to be heated one room at a time.
Posted by: Minard Lafever at November 25, 2009 2:19 PM”
Minard, again thanks for your knowledge of how brownstones are actually built. On a site called brownstoner.com, your detailed and historical descriptions get at the heart of the subject and are of great value.
Hilarious Maly! Thanks for the research!
HA! The widget price just dropped $120,000 from last time!! Take that! Hiiiiiiyah!
By the way — I’ve been working waaay too hard this week. I hope everyone has been coping OK without my brand of snark.
Ha Tina, you made me curious.
Ownership: 481 4th street realty LLC
Principal of said LLC: (wait for it)… Tim Betancourt
All is illuminated.
Comments here pretty much echo what was said about the place when it was HOTD almost six months ago. Betancourt should be ashamed–still no floorplan, and the rental is still listed as being a duplex. Is the flipper a Betancourt broker?
Etson, you can see on the floors where the walls used to be. The inlaid framing of the rooms is visible. The front parlor used to be enclosed.