House of the Day: 14A Monroe Street
A couple of years ago we wrote about 14A Monroe Street, which on its surface looked like the victim of mortgage fraud: After trading for $325,000 and having $570,000 of financing sucked out of it, the small Bed Stuy brownstone was flipped two years later for $950,000 to a guy who almost immediately defaulted. In…
A couple of years ago we wrote about 14A Monroe Street, which on its surface looked like the victim of mortgage fraud: After trading for $325,000 and having $570,000 of financing sucked out of it, the small Bed Stuy brownstone was flipped two years later for $950,000 to a guy who almost immediately defaulted. In 2009, someone bought it out of foreclosure for $650,000 and proceeded to do a top-to-bottom renovation. And while we hope the new owner can earn a couple of bucks for his contribution to improving the city’s housing stock, the new asking price of $1,185,000 seems kind of ludicrous. Only time will tell.
14A Monroe Street [Corcoran] GMAP P*Shark
Foreclosure of the Week: 14A Monroe Street [Brownstoner]
“asking price of $1,185,000”
Commas need to move to the right a bit.
I hate the Kitchen / Dining thing on a different floor than the Living Room…..
How on Earth can you make a sandwich on a commercial and not miss part of the show??????
Have a look at the view across the street on Streetview. The widget does not go low enough.
Most ridiculous pricing I’ve ever seen in Bed Stuy.
width of brownstone: 12 feet
size of seller’s gap with reality: 8 miles high
talk about a renovation with no taste! those floors are horrible- how shiny can you go? that fake gas fireplace? chandelier? back splash in kitchen and cheap appliances? they are trying so hard and failed hard too! tacky tacky tacky!
for the price, yes looks so inflated. seriously! all this does is take credibility from joker brokers from corcoran, what a bunch of lying thieves: BED STUY IS NOT CLINTON HILL!! (how are them caps now, corcoran?) learn geography and learn to not try to rip people off! damn, im mad!!!
Not liking the finishes at all (what is the purpose of all those high hats in that yellow room?). And over $1 million for a “petite brownstone,” on the “fringes of Clinton Hill” is insane (actually that price would be insane just about anywhere in Brooklyn – maybe you could get away with it in the Heights).
The more ALL-CAPS and exclamation points on a brokers listing, the tougher the sell.
This home has an ALL-CAPS/Exclamation score of seven:
SWEET
MUST
SEE
TODAY
!
!
!
There is a formula by which, using the ALL-CAPS/Exclamation score, one can predict the selling price within 2% of the asking price.
Nomi, may I throw out the I-word for the buyer who would pay this ASK?