House of the Day: 494 East 16th Street
This house at 494 East 16th Street has a lot going for it. It’s not the biggest or the fanciest house in Ditmas Park, but the corner house has some beautiful floors, beams and moldings to recommend it. The 2,900-square-foot pad sold for $930,000 in 2007 and is now asking $1,035,000. Reasonable? 494 East 16th…
This house at 494 East 16th Street has a lot going for it. It’s not the biggest or the fanciest house in Ditmas Park, but the corner house has some beautiful floors, beams and moldings to recommend it. The 2,900-square-foot pad sold for $930,000 in 2007 and is now asking $1,035,000. Reasonable?
494 East 16th Street [Corcoran] GMAP P*Shark
The Guvna would gladly live there. Nice house, and the area couldnt be better. Okay, it could be better, but I dont need it to be, lol. Plus, whats all the fuss of commuting to the city? Sitting in a train for under an hour is within range of any average commute. Or better yet, get a job in Brooklyn, people! They do exist, and not just at Dunkin Donuts.
I must have lost my mind. Dont go anywhere near this place. You’d be murdered trying to go to the open house. far too dangerous. Stay in BH or PS. Plus the yard’s too small.
good catch royo-the rental is jacking up the price of an otherwise 700K house. I doubt that a lawyer or a doctor would rent the basement (illegally or otherwise) though
It looks like the basement is (possibly) set up as a rental. I doubt this is legal, but when we were looking to buy in the neighborhood a few months ago we found this quite common. It may be that this is what is propping the price up a bit.
“You want city-ish? Walk 2-5 minutes in ANY direction from this house.”
I said city-ish, not ghetto-ish.
See, this is what I really love about Brownstoner! It totally brings out the aggressive, negative, a-hole in you. I started with a simple comment on the price of this particular house, threw in a snide aside on the area just for fun, and next thing you know I’m bashing the entire neighborhood and using the G-Word! You gotta love it.
So, to make up for that comment…
While Ditmas doesn’t really appeal to me, the great thing about it is that is has a vibrant commercial scene with interesting stores and restaurants. It is light-years ahead of brownstown areas where one can get a place for under a mill, like Lefferts, CH, and BS.
Tybur6,
I used 50th Street because you said midtown. Since you didn’t like that result I said Times Square.
I did read Royo. He said door to door to Union Square for his wife is 35 minutes – which means to midtown its going to be longer 45 minutes.
I’m NOT trying to be argumentative, but you made an incorrect statement.
“30 mins from midtown by choo choo”
I called you out on it.
/end
Also if one can handle suburbia with a 15-30min longer commute one can find a similar size house with bigger yard, country-ish with half mil, ie 50% off. Unless you want snobbish lawyers and doctors as your neighbors stay away from ditmas 🙂
BH — Read Royo above… 5 minute walk Newkirk Station. And I wouldn’t wish a daily commute to Times Square on my worst enemy. By the way, Google Maps is far more accurate than HopStop I’ve found…
But you’re right. This place might as well be in Far Rockaway. Probably should think of living here unless you have a job at the DunkinDonuts at Newkirk Plaza. Anything else would be a torturous commute.
The problem with this is not the neighborhood-it’s the pricing. For 1 mil one can find a bstone at lefferts/ch/bs and have money left for private school and a shorter commute. If you take into account smaller yard and train tracks I foresee a death of numerous price cuts.
I take the Q train from Newkirk 5 days a week. The time on the actual train (no walking, etc) from Newkirk to Canal Street hovers around 25 minutes. On a good day my wife can be in her studio in Union Square in less than 35 minutes, door to door. We live 2 blocks from the train.