House of the Day: 186 Dean Street
This brick house at 186 Dean Street in Boerum Hill just hit the market with an asking price of $1,600,000. That’s less than most houses in this much-desired area, but keep in mind that it’s only three stories and, despite having considerable charm, the kitchen’s fine but not swanky. Still, for someone dying to be…

This brick house at 186 Dean Street in Boerum Hill just hit the market with an asking price of $1,600,000. That’s less than most houses in this much-desired area, but keep in mind that it’s only three stories and, despite having considerable charm, the kitchen’s fine but not swanky. Still, for someone dying to be in this hood, the lower entry price might present an opportunity. Thoughts?
186 Dean Street [Douglas Elliman] GMAP P*Shark
Yeah, the progressiveness of the tax system here in NYC is pretty brutal. Certainly could be worse, but I figured out that last year, when you factored in all the income related taxes (not even mentioning sales tax or the like), it came up to about 46% of my gross income. That’s insane.
When I was in Texas, and make an equivalent amount there in income, my total taxes came up to about 28%. Absolutely insane.
We don’t need more taxes, property or otherwise here, we need more efficient (and less corrupt) spending of that taxes they are already collecting.
I can’t imagina a scenario that would cause me to commit blogicide. I’m sure many of you will try and think one up though.
-what makes you say that Mr. knickers too tightly buckled?
Actually I loved your knickers remark the other day. But that’s only because I haven’t sported knickerbockers in years.
Relatively speaking I would say this house at this price in this location is a good deal. Nice if not spectacular house in nice if not spectacular location with a reasonable price tag. Well done to the seller.
Over the past 20+ years I’ve lived in Park Slope, Brooklyn Heights, Cobble Hill and Boerum Hill. They are all good neighborhoods. I always thought Brooklyn Heights was the best looking neighborhood, but also the dullest. That said you’re not going to get a single family townhouse in Brooklyn Hieghts for anywhere near the $1.6 million ask on the Dean Steet House. To me, Cobble Hill and Boerum Hill are not very different, though Cobble Hill is generally higher priced If you look at an map, you’d see that most of Cobble Hill and Boerum Hill are within 5 blocks of either the Gowanus Houses or Wykoff Gardens. I don’t think that’s a big deal.
You are largely right, ringo. I was making a point about the relationship of property taxes and income, to point out that you can’t ignore that our scheme includes local income tax. income and taxes. I do think anyone paying more than $1 mill for housing is probably earning a fair amount of income on which they pay City taxes on toop of state and federal. But no reason why it should matter whether that home is an apartment or house for purposes of property taxes. That disparity is unfair.
slopefarm, most people in a one bedroom brooklyn co-op are paying more in taxes.
anyone who is paying 1 million + for a townhouse should be paying more in taxes.
the disparity btw single family homes and co-ops is unfair IMO.
Don’t worry Rob, those of us living in co-ops make up the difference tax-wise. I pay twice as much for a two-bedroom apartment than the owner of this house. But I won’t have to spend $30,000 to re-brownstone the facade or $10,000 for new sidewalks, etc etc.
I can’t imagina a scenario that would cause me to commit blogicide. I’m sure many of you will try and think one up though.
This is cute. I think I even like the plain little kitchen. Of course the price tag is neither plain nor little.