House of the Day: 11 Wyckoff Street
The location of this new townhouse listing at 11 Wyckoff Street in Cobble Hill is great and it’s a 25-footer, but, from the looks of it, the interior’s going to need a lot of love. Given that, we have a hard time seeing how this baby can fetch it’s asking price of $2,300,000. Do you?…
The location of this new townhouse listing at 11 Wyckoff Street in Cobble Hill is great and it’s a 25-footer, but, from the looks of it, the interior’s going to need a lot of love. Given that, we have a hard time seeing how this baby can fetch it’s asking price of $2,300,000. Do you?
11 Wyckoff Street [Smith Hanten] GMAP P*Shark
sorry meant to say –
with the seller or with the themselves?
I am a principal as well as a broker. I have been denied access by the listing broker to tour this property as they do not co-broke. Refusing to co-broke seems to run counter to the claim on their website (see below) that they will expose the property to “all qualified buyers.”
“We are also well equipped to help sellers realize the full value for their properties through our understanding of the market and our ability to effectively expose and promote a property to all qualified buyers.”
Where is their fiduciary responsibility in this scenario – with the buyer or with themselves?
We have been getting the “we don’t co-broke” alot lately. Anyone know what is going on? Are we trending to a no co-broke model. I thought REBNY did not support that.
seems underwhelming, actually seems like the widget is tracking pretty close to reality on this one. someone with a tasteful eye could probably turn it in to something nice, but price needs to go down a bit to accomodate.
I think people are grossly overstating how bad it looks. I ahve seen plenty of places in far worst shape. It’s in a great location and doesn’t scream total gut renovation.
The biggest problem is that it’s a 4 family, so I don’t think the rent roll here would be more than 108/year unless a lot of the units are real 2 BRs. Whether you go by 10x or 15x annual rent, that’s a long way from a 2.3M selling price — which is why I guess they want to tout the condo conversion potential.
Also, what’s wrong with the setback. It looks normal for any townhouse with a stoop — or maybe a little more shallow than usual.
Looks like that nasty real housewives of New York house but kind of better because it lacks the flocked wallpaper and vampire color scheme.
This place is a big Ol “UGH!”
well I certainly won’t comment on price any Cobble Hill Buildings in fear that the Cobble Hill Gentry will come out of the woodwork and blast me for even thiking that any building, no matter what shape it’s in shouldn’t be priced for anything less than 2mill!!!!
Very sorry, m4l. I totally missed your suggested bid until you pointed it out. Yes, you’re quite right, at that price.
Agreed Pigeon.
Posted by: CGar at February 4, 2010 1:36 PM
hence why I told you to offer 1.55M. now take me off the spam filter
Oh, well, if we’re doing the Full Bette:
“But y’are Blanche, y’are in that chair!”