House of the Day: 143 St. Felix Street
This four-story Federal townhouse at 143 St. Felix Street in Fort Greene just hit the market. The three-family house is asking $1,595,000, which, if seems a tad high to us given the that it’s not pristinely preserved and it’s mighty close to the Atlantic Terminal Mall. Still, it’s nothing to sniff at, and the fact…
This four-story Federal townhouse at 143 St. Felix Street in Fort Greene just hit the market. The three-family house is asking $1,595,000, which, if seems a tad high to us given the that it’s not pristinely preserved and it’s mighty close to the Atlantic Terminal Mall. Still, it’s nothing to sniff at, and the fact that there are two rentals in addition to the owner’s duplex means extra help paying the mortgage for an owner than only needs two floors to himself.
143 St. Felix Street [Brown Harris Stevens] GMAP P*Shark
On second thought, I guess 20% is not so “slight”. Make that $1.45m.
$1.3m is probably about the right number.
I think buyers of houses in Brooklyn typically expect to do renovations anyway, so that’s probably not a huge downside on this one.
The lack of original details probably also doesn’t kill it, since some people simply want the old school look outside, and will make it very mod on the inside.
I’m only taking a slight discount on the price since everyone expects to get a discount off of asking these days.
wow kinda a little too close to the action for me. and not the good kind. if it truly needs at least $400k + gut, i’d be hard to bite over 999 myself. but then again there seems to be so many hardcore fort greeners out there that i would probably be low on the curve. so maybe it will go at 1.1 ($400/sf) but i’d have to make a funny face if it went over that.
Brooklyn Greene,
🙂
the exterior is all it has going for it.
the inside has no bones was an old bad reno years ago and still is.
a buyer would need to do their own reno –
so the price would really need to reflect that.
it would be interesting to see where it lands.
I want to see this place so bad.
The exterior is beautiful.
And the location is so very interesting.
Just a half block from “Downtown Brooklyn II.”
So near to BAM and, someday, the Brooklyn Nets (btw, do you think people will really want to live right next to a basketball arena? Or, will the new Barclay homes become the new “housing of last resort?”).
And there’s a cool collection of pimping hats.
And lots and lots of oozing rats!
But seriously, I should get to know FT Greene better.
Oh, please Nokilissa! Let’s not over-indulge ourselves with the rat images! I was okay with the mention of the rats but your vivid imagings actually gave me goosepimples too!
Anyway, I guess regarding rats: yuck…but at least they’re not in the house!
This house is super convenient for the subway and getting to businesses on Flatbush and Atlantic that those of us deeper in Fort Greene might not bother to walk to. Plus, you can go to BAM and their cinema (which has a different film every night) in a minute and a half.
To those uninitiated, Gemini10, you should realize that someone will, yes, buy this house, and probably put a lot more than $159,000. There are people who will pay “decent money” for this house and then rip out the duplex and one of the apartments and create an owner triplex and one rental.
For all we know, the interior might be rebuilt very mod. I’m basically a fan of original detail but as I’ve gotten older, I like the, sense of light, clean lines and easier upkeep/cleaning needed in a mod interior.
I agree with FunkyMonkey that this is a neighborhoody street.
1650/mo -> $792,000 bottom comp. Hopefully they get more.
***Save Haiti***
And I’m drinking hot chocolate too.
But now I’m cold. Picturing rats. Gobs of rats. Not the Ratatouille kind, but the filthy, hulking, oily-furred, tree-trunk-tailed kind of rats that hang out and scurry in the stews created by rain and garbage and fecal matter between the subway tracks.