House of the Day: 122 Bond Street
This three-story brick house at 122 Bond Street just hit the market at the relatively accessible (for the nabe) price of $1,625,000. The single-family house also recently underwent a major renovation, which by and large looks nicely done. So what do you think of that price? We could see it going for pretty close to…
This three-story brick house at 122 Bond Street just hit the market at the relatively accessible (for the nabe) price of $1,625,000. The single-family house also recently underwent a major renovation, which by and large looks nicely done. So what do you think of that price? We could see it going for pretty close to that.
122 Bond Street [Brooklyn Hearth] GMAP P*Shark
Some years ago i looked at several buildings in this area. What made me not want to go with the neighborhood was the open drug trade – needles and some white powder at the Gowanus Houses.
In subsequent years I’ve been to dozens of NYCHA projects for my job. There’s a real mixed bag out there – some projects have very well kept grounds with mothers and children outside playing, some are completely quiet, some have dozens of young men with red t-shirts outside and their arms crossed rapper-style; and some have some of the nicest new construction (Community Centers) I’ve seen in the Boroughs in years. Gowanus is the only one where I’ve seen the open drug trade; maybe things have changed now that NYCHA has become very tough about evictions…
Boreumhill surprised race didn’t come up and then brings it up. What a ray of sunshine. To think you could be a potential neighbor is already bringing the neighborhood values down.
Anyways, maybe they’re comping it to 386 State. I think these prices are absolutely insane for the nabe, this can’t be a motivated seller of any sort. Then again, it seems like those kinds of sellers are indeed rare to come by anyways.
pigeon, I don’t understand how the schopenhauer quote relates, can you explain?
It’s silly to pretend that the anti-projects comments don’t have a strong racial component. Of course they do. And of course Boerum Hil (and all of Brooklyn) is filled with lovely African-American families who don’t live in the projects. It is weird to paint BoerumHill with the racist paintbrush when he is only pointing out racist comments.
I know this house and this block well. The block does get a lot of pedestrian and vehicular traffic (as does Hoyt & Nevins and other north/south streets), which is a negative. I’ve never heard the owners complain about noise from surrounding houses, though. These are mostly two and single-families, filled with boring middle-aged people who don’t often have late-night parties.
The house doesn’t have a lot of square footage, but it doesn’t feel small. It has a lot of light, and the space is graceful and well-used. The basement is perfect for what it is used for: a playroom. The parlor floor is great for entertaining, too. It’s tight with two children, but not impossible.
Houses in Boerum Hill and Carroll Gardens continue to fetch good prices, despite their proximity to allegedly unsavory places. In New York City distance is highly relative.
“Look directly across the street from Gowanus Houses on Hoyt – you’ll find stores which have removed the bulletproof internal plexiglass partitions.
I interpret that as a statement from the owners that New York – and Boerum Hill in particular – has changed much over the last 20 years.
Old stereotypes no longer apply. They do, however, live on for much longer in many minds.”
Posted by: BoerumHill at March 15, 2010 4:19 PM
Good point, BH.
“I pointed out the projects not because I’m biased against black people, but because the crime rates have historically been much higher near the projects than further away. ” –
Do we have the stats for this? how much higher? how much ‘further away’? for what types of crime?
Since part of the area very close to the ‘projects’ is in a precinct that has always been one of the safest in NYC , I do wonder how much of a factor it really is.
thwackamole1,
I hear ya.
To those who might spin a concern with public housing into a tale of racism, I quote Arthur Schopenhauer (himself plagued by very poor racial ideas):
“Every man takes the limits of his own field of vision for the limits of the world.”
“Now ask yourself: Would you want to wear an engagement ring worth the average project-dweller’s annual income on a daily basis?”
Well, no, because I think such rings are for supah-tacky douchebags.
But that’s just me.
More a general comment, there’s some mathmatical calculation, I forget exactly how it does but it’s something like:
Descriptive adjectives (cute) + (adorable) = homeprice < $1.5MM
I see lots of cutes and adorables here
There’s one that relates to proximity of housing projects and superfund sites, but I’m not as cleasr on that one