House of the Day: 391 12th Street
We like the look and feel of this South Slope brick house at 391 12th Street. It’s been tastefully renovated and still has plenty o’ original charm. The big catch is that it’s only got three floors, which makes the asking price of $1,750,000 feel a little hefty in this market. Do you agree? 391…
We like the look and feel of this South Slope brick house at 391 12th Street. It’s been tastefully renovated and still has plenty o’ original charm. The big catch is that it’s only got three floors, which makes the asking price of $1,750,000 feel a little hefty in this market. Do you agree?
391 12th Street [Brown Harris Stevens] GMAP P*Shark
DIBS — I had the same reaction Re: 3 Floors. I always thought the 4-story ones were the exception….
With DIBS on the basement thing.
….loving that potted garden. Looks like even I could do that.
This house last traded for 325K in 2003; that should tell you something important.
Pigeon, it’s a NYC thing. Basement = Garden Level = English basement (which is never used here). Anywhere else in the country, the basement is totally below grade and is where the mechanicals are…finished or unfinished.
Cellar is down below, where the furnace and the boogey man are.
I’ll try and always write “garden level” from now on but it takes longer to write and time is money.
Seems a bit overpriced. It is in 107, but it isn’t a pretty block. Still the renovation might make it attractive if the whole place is done. What about the bathrooms? The rental?
Whoever buys it is going to hear their renters going in and out every time, including any late night coming and going, because the living/dining/kitchen floor staircase is open to the downstairs hall. I live in a similar house that is a single family and it is a good size for a small-medium sized family. You really do hear the noise. Do you want your kid to be able to take a nap…ever? It seems like it would work much better as a single family.
Dibs,
Why do you use the term “basement” when you mean “garden level”?
I know you say “basement” and “garden level” are synonymous, and that the below-ground level should be called “cellar,” but the floorplan of this home labels the below-ground level as the “basement.” Other people, too, often say “basement” when they’re referring to the below-ground level.
Your terminology is confusing.
Why not call the garden-level by its most clear name: the garden-level?
DIBS, completely agree with you. The numbers on this just don’t make sense. Love the website title “Artistically Done!” It is artistically done, but clearly also artistically priced.
Maybe its the fact that my life as a finance guy revolves around relative value, but that’s the only way I can think. $882 is overpriced in any market environment when comapred to the surroundings.
Between 6th and 7th there’s a lot of shitty new construction and rental multifamily units. Move it up two more blocks closer to the Park and I could see them getting closer to asking.
Man, they must be sparkin’ up the fatties over at BHS!