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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



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  1. 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.

  2. 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.

    Look directly across the street from them on Bond — you’ll find bulletproof chinese and bulletproof liquor stores with the internal plexiglass partitions.

    I interpret that as a statement from the owners that there are certain elements of society nearby that cannot be trusted. I don’t care what race or gender they are.

    Now ask yourself: Would you want to wear an engagement ring worth the average project-dweller’s annual income on a daily basis? I think it could attract attention?

    A few years ago, near the height of the boom, I was offered a lease for half one of these houses for $2200/month. Even now, a full-size house on Douglass goes for $4500/month.

    So perhaps someone who is both rich and naive about the neighborhood will fall in love with the ‘jewelbox’ house, but my guess is that in real terms, the next owner loses money.

  3. Anyone considering this house should look out the windows at the building to the side, where he or she will see that the windows upstairs open on to someone’s deck. This means noise will be a problem.

    The house is tiny and feels even tinier.

  4. OK, I lied…hard to stay away.

    “There are also black people who own homes in Boreum Hill who do not live in the projects. Just so you know.”

    Posted by: East New York at March 15, 2010 2:54 PM

    Huh…and here I thought the guy who walked up the stoop next door was the hired help. Thanks for setting me straight.

    Boerum Hill,

    Your preemptive strike regarding the public housing in Boerum Hill (at 1:53) is sad to read.

    What is sad is that EVERY Boerum Hill thread notes the presence of public housing. There are good reasons blockbusting was outlawed. But the very same language which is illegal for a realty to use is fair game at Brownstoner.

    “This apartment/house is right by THOSE people.”

    That’s fine if you want to reword it to make yourself feel more comfortable, and rationalize with the lengthy list of reasons why public housing is considered undesirable.

    Bottom line is racism is not something they invented in the cotton belt.

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